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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 we’ve 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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BehDark (EN)
Eventually, the Bitcoin dominance wave G was hit, and strong pressure was exerted on the altcoins.
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🔴 sell/short signal #DOGEUSDT
Entry range: 0.25722
Targets: 0.23130 _ 0.20301
Stop: 0.28449
Leverage: 2X
Balance: 5% of capital
Entry range: 0.25722
Targets: 0.23130 _ 0.20301
Stop: 0.28449
Leverage: 2X
Balance: 5% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
🔴 sell/short signal #DOGEUSDT Entry range: 0.25722 Targets: 0.23130 _ 0.20301 Stop: 0.28449 Leverage: 2X Balance: 5% of capital
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BehDark (EN)
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🔴 sell/short signal #HANAUSDT
Entry range: 0.06877
Targets: 0.06113 _ 0.05433 _ 0.04400
Stop: 0.07678
Leverage: 2X
Balance: 5% of capital
Entry range: 0.06877
Targets: 0.06113 _ 0.05433 _ 0.04400
Stop: 0.07678
Leverage: 2X
Balance: 5% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
🔴 sell/short signal #HANAUSDT Entry range: 0.06877 Targets: 0.06113 _ 0.05433 _ 0.04400 Stop: 0.07678 Leverage: 2X Balance: 5% of capital
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BehDark (VIP)
🔴 sell/short signal #HANAUSDT Entry range: 0.06877 Targets: 0.06113 _ 0.05433 _ 0.04400 Stop: 0.07678 Leverage: 2X Balance: 5% of capital
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BehDark (EN)
We had warned that a large bearish triangle was about to complete | the market crashed and dropped by more than 84%.
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After hitting the two red lines, wave C started and dropped by more than 62%
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First of all, you should know that in our previous analyses, we had identified a large triangle. However, the market makers created another bullish wave, increasing the chart’s error margin (a scenario we explained in this post).
This sharp move indicates the beginning of new bearish branches! It is expected that with a pullback to the red zone, the correction will continue, and we will be involved in it for at least a few months.
Closing a daily candle above the invalidation level will invalidate this analysis.
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BehDark (EN)
It appears that MORPHO is currently in wave B. This wave forms a bearish triangle, and it now seems to be in wave D of that triangle. The price may move toward the green box, provided that the red box is maintained.
A daily candle close above the invalidation level will invalidate this analysis.
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BehDark (EN)
After completing wave F, the price dropped more than 49%
Due to the abnormal market conditions, Take some profits and manage your risk accordingly.
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BehDark (EN)
Due to the market crash, a long lower shadow formed, but the price quickly returned to the projected direction. The invalidation condition for this outlook was a daily candle closing below the invalidation level | which didn’t happen.
However, considering the market makers’ moves, the stop-losses of those who entered leveraged positions were triggered.
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It seems that Ethereum has completed a large bearish triangle, with the first move already played out.
A pullback to the supply zone | marked in red | has now occurred.
The price is expected to eventually reach the green zone, accompanied by some fluctuations along the way.
The main target is the green zone.
A daily candle closing above the invalidation level will invalidate this analysis.
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It appears that wave G of Total 3 has completed, and the price has entered wave H. Wave H is expected to end within the green zone, after which we’ll move toward wave I.
For now, our outlook on Total 3 remains bearish, as the strong move a few days ago and the market crash indicate the formation of new corrective waves.
A daily candle closing above the invalidation level will invalidate this analysis.
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