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Bitcoinβs movement has truly become complex and trendless, and the drops are not happening with momentum. Itβs worth taking a look at Bitcoinβs 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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π΄ 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)
π΄ 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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BehDark (EN)
An upward move has been added to the previous analysis, and wave b has developed into three parts.
In our view, one more bearish wave c is still remaining, which could complete at Demand Zone 1 or Demand Zone 2. Up to the highlighted green areas, this index still looks bearish to us.
The demand zones in this analysis have been updated, and the invalidation level has also been revised.
Letβs wait and see what happens.
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A key trendline has been broken, and on the chart, along with a bearish CH, weβve also seen a sweep of a support zone.
The price is expected to drop downward upon reaching the order block.
The target could be the green line.
A candle closing above the invalidation level would invalidate this analysis
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On the chart, we have a bearish CH and a resistance SWAP zone has formed. This SWAP zone has been broken downward, and now on the pullback to this area, we can look for sell/short positions. As long as the price does not reclaim and hold above this zone, the bearish outlook on Ethereum remains valid
If the price strongly breaks TP1 to the downside, a much deeper drop may occur
A daily candle closing above the invalidation level would invalidate this analysis
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BehDark (EN)
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BehDark (EN)
In the previous analysis, we considered Bitcoinβs scenario as a triangle, which has now failed.
It now appears that this is not a triangle but a diametric pattern. Currently, it seems we are in the middle of wave F. The potential corrections we expect are buying opportunities, and we will look to buy within the green box if a correction occurs.
The target for wave E could be between 138K and 140K.
A daily candle closing below the invalidation level will nullify this analysis.
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Based on the structure that OP has formed on the chart, it appears to be in a reaccumulation phase. It seems we are approaching the end of this phase.
Two entry zones have been identified for this asset, and we will enter gradually (in steps) within each zone.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this setup.
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At the top, we have a hunt followed by a bearish CH, and then the formation of a neutral range, which represents our distribution phase.
The price is near a resistance zone and has been rejected; therefore, it is expected to move toward our downside targets soon.
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)
The upward retracement has invalidated the previous analysis.
The best area for a strong price rejection is the QM L zone up to the historical high.
If youβre looking to take a short (sell) position, wait for the price to reach the red-marked zone in the coming days.
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Before anything else, pay attention to the timeframe.
From the point marked Start on the chart, it appears that a bullish phase has begun on SNX.
Currently, it seems we are at the end of Phase A. After some time correction and price consolidation, we can expect another bullish wave forming Wave C.
In the green zone, we can look for buy/long positions.
Targets are indicated on the chart.
If a daily candle closes below the invalidation level, this analysis will be invalidated
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The INJ coin is under selling pressure, forming a bearish triangle that has recently completed. This triangle ended at the point where we placed the red arrow on the chart.
After the triangle, we expect at least three legs down to complete the minimum sub-waves of a bearish pattern.
Once Wave B is completed around this area (or slightly higher), the price may enter a bearish phase.
The target is the green line on the chart.
If a daily candle closes above the invalidation level, this analysis will be invalidated.
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BehDark (EN)
After hitting Entry 1, the price was rejected by more than 35%, and both Target 1 and Target 2 were reached.
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From the point marked START on the chart, a corrective phase seems to have formed on the 1INCH pair.
This phase appears to be a diametric, and we are currently in wave F of this diametric.
Within the red zone, wave F could terminate, after which wave G is expected to begin. Wave G is a bearish wave.
Targets are shown on the chart.
A daily candle close above the invalidation level will negate this analysis.
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This coin has grown significantly and is now approaching a very strong resistance zone.
The supply zone contains an optimized sub-zone that weβve labeled as optimized. The closer the candles are to this area, the safer it is to take a sell/short position without a trigger However, if you are risk-averse, wait for the candles to touch this zone, observe the price reaction, and only enter the position after receiving proper confirmation and a trigger signal.
The main targets are marked on the chart.
A daily candle close above the invalidation level will invalidate this analysis.
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