ENA is one of the symbols that has rallied strongly and has now reached strong resistance zones. A bearish 3D formation is visible on the chart, and momentum has dropped significantly, which may indicate the start of a bearish trend for ENA.
Currently, it is near a weak support that may cause temporary pullbacks to the upside, providing opportunities to open sell/short positions. One entry can be taken on a pullback upward, and another if the price reaches the red SWAP zone.
The target can be the green box area.
A daily candle closing above the invalidation level will invalidate this outlook.
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BehDark (EN)
Not much time has passed since the analysis, and the price has pumped more than 16%
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BehDark (EN)
After hitting our Entry 1, it pumped over 81% and our first target was reached
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BehDark (EN)
Given the loss of the trendline, Bitcoin stalling, and decreasing momentum, the previous Bitcoin analysis needed to be updated.
If Bitcoin fails to make a valid breakout above the yellow line at $116,520 and does not sustain above it, a bearish scenario will emerge, and the price will drop significantly ๐ฉธ
A bullish outlook toward the supply zone shown on the chart above is only valid if Bitcoin executes a confirmed breakout above $116,520.
So stay alert and follow the chart closely.
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BehDark (EN)
We talked about the bloody scenario.
. We correctly warned and the bearish signals on the chart were confirmed. It dropped more than 3%
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BehDark (EN)
It dropped more than 13% from the marked zone
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BehDark (EN)
This view was correct, and the price dropped more than 16%
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From the point marked as Start on the chart, it seemed that a bullish phase had begun on Bitcoin. This bullish phase formed a triangle, and now we are at the end of this triangle.
With a pullback to the red zone, a further drop could occur. The main target of this bearish move appears to be the 88K channel.
This view remains valid unless a daily candle closes above the invalidation level.
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We tried to show the waves from a larger perspective so you can have a better understanding of the path.
It seems that wave "B" of the higher-degree correction has been completed (wave B was a bullish phase), and now we are entering wave "C", which is bearish at a higher degree.
With the price pulling back toward the red zone, we can look for sell/short positions.
On the chart, there is a liquidity pool marked with "$$$", and the first target of this bearish move is to sweep that liquidity pool.
A daily candle closing above the invalidation level will invalidate this analysis.
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First of all, you should know that this is a low market cap and highly volatile coin. Manage your position size and leverage carefully; otherwise, you may face a big loss.
It seems to be completing a bearish triangle, and we are currently in wave D. If the price finds support again and moves upward to complete wave E, we can look for sell/short positions at the entry levels.
The targets are marked on the chart.
A daily candle closing above the invalidation level will invalidate this analysis.
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BehDark (EN)
It was supported from the green zone and seems likely to move up toward one of the two red lines, which may increase selling pressure on altcoins. A rejection could occur from either of the marked red lines.
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Forwarded from BehDark (VIP)
๐ดsell/short signal #BTCUSDT
Entry range: 116325
Targets: 111650 _ 107128 _ 97561 _ 88346
Stop: 121024
Leverage: 4X _ 5X
Balance: 6% of capital
Entry range: 116325
Targets: 111650 _ 107128 _ 97561 _ 88346
Stop: 121024
Leverage: 4X _ 5X
Balance: 6% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
๐ดsell/short signal #BTCUSDT Entry range: 116325 Targets: 111650 _ 107128 _ 97561 _ 88346 Stop: 121024 Leverage: 4X _ 5X Balance: 6% of capital
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Forwarded from BehDark (VIP)
Bitcoinโs movement has truly become complex and trendless, and the drops are not happening with momentum. Itโs worth taking a look at Bitcoinโs moves on the lower timeframes.
For opening a short position, we need to wait for the red-marked zone.
If the price reaches the red zone and we enter a position, we will not exit our short position in the green-marked zone, and in this analysis, we are not looking for long trades.
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It seems that a large-degree contracting bearish triangle has been completed. If we want to consolidate this pattern, we should consider it as wave Ameaning that we expect a wave B to form either in terms of time, size, or potentially even larger than wave A.
Any pullback toward the two red lines is an opportunity to open a sell/short position
A weekly candle closing above the invalidation level will invalidate this view.
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BehDark (VIP)
This was a VIP signal that was forwarded from our VIP channel
After hitting Entry 1, a strong drop occurred and the price has dropped by more than 3% so far
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1
Forwarded from BehDark (VIP)
๐ด sell/short signal #MYROUSDT
Entry range: 0.021299
Targets: 0.019117 _ 0.017066
Stop: 0.023602
Leverage: 2X
Balance: 5% of capital
Entry range: 0.021299
Targets: 0.019117 _ 0.017066
Stop: 0.023602
Leverage: 2X
Balance: 5% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
๐ด sell/short signal #MYROUSDT Entry range: 0.021299 Targets: 0.019117 _ 0.017066 Stop: 0.023602 Leverage: 2X Balance: 5% of capital
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