It seems that wave G is not yet complete because its time frame hasnβt fully played out, and the upward momentum is strong enough that with a little pause, it could move toward higher zones to complete wave G.
A key area has been marked on the chart; if it gets breached, this index could experience a deep drop.
The chart is a bit complex, and for now, this is our view on Bitcoin dominance.
Letβs see what happens.
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After the bullish triangle completed, the price entered a corrective phase. It seems that wave B has a double structure because it makes sense from a timing perspective. Even CZβs recent tweet couldnβt change the trend and only created an X wave.
The structure of wave B is a WXY, and it is currently in wave Y.
We are looking for a long buy in the green zone.
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π΄ sell/short signal #YBUSDT
Entry range: 0.5476 _ 0.5701
Targets: 0.4816 _ 0.4195
Stop: 0.6177
Leverage: 2X
Balance: 4% of capital
Entry range: 0.5476 _ 0.5701
Targets: 0.4816 _ 0.4195
Stop: 0.6177
Leverage: 2X
Balance: 4% of capital
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BehDark (VIP)
π΄ sell/short signal #YBUSDT Entry range: 0.5476 _ 0.5701 Targets: 0.4816 _ 0.4195 Stop: 0.6177 Leverage: 2X Balance: 4% of capital
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It appears that an ABC pattern has formed on the chart, with wave B being a completed diametric pattern. We are now only looking for an entry opportunity for a buy/long position, with the low-risk zone highlighted in green on the chart.
The targets are also marked on the chart.
A 4-hour candle closing below the invalidation level will invalidate this analysis.
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π’ Buy/Long Signal #XTZUSDT
Entry range: 0.6154
Targets: 0.6849 _ 0.7648 _ 0.8634
Stop: 0.5454
Levrage: 2X _ 3X
Balance: 6% of capital
Entry range: 0.6154
Targets: 0.6849 _ 0.7648 _ 0.8634
Stop: 0.5454
Levrage: 2X _ 3X
Balance: 6% of capital
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BehDark (VIP)
π’ Buy/Long Signal #XTZUSDT Entry range: 0.6154 Targets: 0.6849 _ 0.7648 _ 0.8634 Stop: 0.5454 Levrage: 2X _ 3X Balance: 6% of capital
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Bitcoin still looks bearish | it seems to be inside wave C, and this upward move could be aimed at collecting sell orders and liquidating part of the short positions held by retail traders.
From the yellow circle, the price could get rejected toward TP1 and TP2.
Letβs wait and see what happens.
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It seems we have a bullish ABC pattern on the chart, and we are currently in wave C.
There is a support zone on the chart highlighted in green. If the price returns to this area, it will be considered a low-risk entry.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
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BehDark (VIP)
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One of the strong Layer 1 projects in the market with a solid chart that is not showing a correction like most altcoins is NEAR.
It has a bullish contracting pattern on the higher timeframes, and it seems that its strongest wave has just started.
This coin has good growth potential in the larger timeframes.
It can be considered for investment and holding, even in this non-bullish market phase.
Itβs likely that NEAR will be among the first altcoins to lead the upcoming altseason
@Behdark_EN
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This is a broader outlook on Ethereum in the higher timeframe.
From the point marked as "Start" on the chart, it seems that Ethereum's correction has begun, forming an ABC pattern. Wave B appears to have completed as a symmetrical structure, and we are likely in wave X of B or wave C.
We expect a price rebound from the green zone.
So, keep a close eye on the chart and monitor it carefully.
@Behdark_EN
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From the point marked as start on the chart, it appears that a bullish diametric pattern has formed, showing strong upward movements. We will wait for wave e to complete, and at the end of wave f, weβll look to enter a buy/long position to capture wave g.
Given the strength of the bullish legs, taking a sell/short position could be risky β weβre only looking for buy/long setups.
Targets are indicated on the chart.
A 4-hour candle close below the invalidation level will invalidate this analysis.
@Behdark_EN
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BehDark (EN)
After hitting the red zone, the price has already corrected by more than 40%, and we hope you werenβt holding this coin at higher levels.
We are looking for spot buying opportunities in the green zone.
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π΄ sell/short signal #ATUSDT
Entry range: 0.3489
Targets: 0.3332 _ 0.3171
Stop: 0.3650
Leverage: 3X
Balance: 4% of capital
Entry range: 0.3489
Targets: 0.3332 _ 0.3171
Stop: 0.3650
Leverage: 3X
Balance: 4% of capital
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BehDark (VIP)
π΄ sell/short signal #ATUSDT Entry range: 0.3489 Targets: 0.3332 _ 0.3171 Stop: 0.3650 Leverage: 3X Balance: 4% of capital
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BehDark (EN)
After hitting entry 1, it pumped more than 15% and reached the first and second targets.
@Behdark_EN
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Bitcoin appears to be forming a bearish triangle, which is considered a continuation pattern in this timeframe.
We have identified two potential entry zones for a sell/short position.
We are looking to enter within these two areas.
The invalidation level serves as our stop; if itβs hit, this setup will be invalidated.
Targets are marked on the chart.
@Behdark_EN
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