BehDark (VIP)
It didnβt reach the entry zone, but the descending triangle was correctly wave-counted, and the bearish outlook on Bitcoin was accurate.
Many traders had short positions from higher prices, and based on this analysis, they held their positions and increased their profits.
Stay tuned for upcoming signals and analyses.
@Behdark_EN
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BehDark (VIP)
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BehDark (EN)
So far, we have published several analyses indicating a bearish outlook for Bitcoin. The initial analysis was this one.
After touching the yellow circle, it was rejected downward by more than 10% and the first target was hit
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From the point where we marked the green arrow on the chart, the Ethereum triangle has begun, and at the point where we placed the red arrow, this triangle has completed and the price has entered a bearish phase.
It seems that we are currently in the late stages of wave C of this phase. Just note that this is the 12-hour timeframe, and this phase has not finished yet; its completion requires more time. We expect wave C to finish within the green zone, which is a supportive flip area.
From the green zone, wave C is expected to complete and the price should enter wave D, for which we have marked the targets on the chart.
Letβs see how it will unfold.
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It appears that we have an ABC pattern in which wave B formed a triangle, and the final leg of this triangle | wave e of B | has now completed. The price is entering a larger wave C, which is a bearish wave.
The targets are marked on the chart. These targets are for taking profit. Price can even move beyond the green zone, but since this is a volatile and newly listed coin, itβs better to take profit at each level and then move the stop-loss to breakeven.
A 4-hour candle closing above the invalidation level will invalidate this analysis.
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π΄ sell/short signal #LIGHTUSDT
Entry range: 2.1649
Targets: 1.9010 _ 1.6782 _ 1.3435
Stop: 2.4275
Leverage: 3X
Balance: 4% of capital
Entry range: 2.1649
Targets: 1.9010 _ 1.6782 _ 1.3435
Stop: 2.4275
Leverage: 3X
Balance: 4% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
π΄ sell/short signal #LIGHTUSDT Entry range: 2.1649 Targets: 1.9010 _ 1.6782 _ 1.3435 Stop: 2.4275 Leverage: 3X Balance: 4% of capital
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It seems the price is in an ABC correction, and we are now at the end of wave C.
The green zone is a suitable area for spot buying. We need to see whether the price will make a deeper pullback into the green zone or if it will break out from the red descending trendlines from here.
It appears that one bullish wave in the form of wave C is still remaining on the chart.
Keep in mind that this is a highly volatile memecoin, so you must control your risk and position size.
Since the target for this coin is a large one, the invalidation level is also far away. Therefore, you should pay special attention to the timeframe and risk management.
Letβs see what happens | this is our outlook on FARTCOIN.
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BehDark (EN)
The supply zone we identified in the previous analysis, after rejecting the price multiple times, was eventually cleared. It was a good order zone, and we marked the touches and rejections with orange circles. However, based on wave structure and price action, we are not buyers at these points.
This wave is very likely an X-wave, and if the price doesnβt drop from the current levels, it will drop from the upper red zone. We will only look for buy opportunities in the green zone.
The buying pressure you see is due to news and marketing around this token, as Binance funders created this coin.
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BehDark (EN)
After touching our entry zone, it has surged more than 277%
Even with the market crash, it did not reach our invalidation level.
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It seems that a large structure, which was a triangle, has completed, and we are now at the end of wave E. Look for a trigger for a sell/short position and enter the trade at the right point with proper risk management.
If the wave count is correct, LIGHTUSDT will remain in a corrective phase for a long time.
The short-term targets are marked on the chart.
A 4-hour candle closing above the invalidation level will invalidate this analysis
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From the point where we placed the red arrow on the chart, a corrective phase has developed on Solana, and the buying pressure has been so strong that the corrections have established a new high. Currently, the decline we are experiencing is for Wave E.
All these fluctuations between the high and low are for re-accumulation, and Solana is targeting above $350.
We expect a price reversal from the green zone on higher timeframes, and this view will only be invalidated if a weekly candle closes below the invalidation level.
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β€1
Shiba Inu is completing a very large correction across higher degrees and larger time frames.
It appears to be in a double or multiple correction, currently in the second phase. This phase itself is a complex correction, and it is now finishing wave C of this complex corrective structure.
The green zone is where Shiba can enter wave D in the higher time frames | a bullish wave.
Remember, we do not make decisions based on emotions; we analyze based on signals and indications.
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This is a weekly timeframe analysis. In this analysis, we examined the bullish phase that pushed Bitcoin from the $15K channel to the $125K channel.
This phase appears to be a bullish diametric pattern, with its final wave, G, completed as a triangle.
Itβs important to note that there is a possibility for this diametric pattern to transform into a symmetrical pattern. The difference between a symmetrical and a diametric pattern is that the symmetrical pattern has two additional waves.
The price zone that could potentially turn our diametric pattern into a symmetrical one is the upper support area, between $64K and $74K. The potential timeline for a reversal is indicated by two vertical lines on the chart for the months of March and January. These were derived from the duration of previous branches of this pattern, where corrective branches of prior waves ranged between 16 to 25 weekly candles. If the pattern is symmetrical and not diametric, this means the next two waves of this bullish cycle are still remaining, following these timing rules.
In general, the intersection of the support zone and the timeline lines at the top of the chart is where the price could develop the pattern and move upward. However, if these zones fail, it means the main pattern was the diametric itself, and we are now in Bitcoinβs bear cycle. In other words:
If the price continues to decline, itβs possible that the diametric pattern was the main bullish phase, which is now complete, and Bitcoin has entered a monthly timeframe bear cycle that could last months or even more than two years.
The main support after this bullish phase, on higher timeframes, is in the $31K to $44K range, where Bitcoinβs bear cycle might finally end.
We hope this gives you a clear perspective on Bitcoin.
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π―1
It appears that a double correction is forming on Litecoin and is nearing completion. Around the origin zone, we can look for long buy positions so that once this second corrective leg finishes, the price can enter a bullish phase.
The entry zone and targets are marked on the chart.
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π΄ sell/short signal #GRASSUSDT
Entry range: 0.5656
Targets: 0.4961 _ 0.3988
Stop: 0.6344
Leverage: 3X
Balance: 4% of capital
Entry range: 0.5656
Targets: 0.4961 _ 0.3988
Stop: 0.6344
Leverage: 3X
Balance: 4% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
π΄ sell/short signal #GRASSUSDT Entry range: 0.5656 Targets: 0.4961 _ 0.3988 Stop: 0.6344 Leverage: 3X Balance: 4% of capital
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π΄ sell/short signal #ARIAUSDT
Entry range: 0.09708
Targets: 0.09119 _ 0.08534
Stop: 0.10395
Leverage: 3X
Balance: 4% of capital
Entry range: 0.09708
Targets: 0.09119 _ 0.08534
Stop: 0.10395
Leverage: 3X
Balance: 4% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
π΄ sell/short signal #ARIAUSDT Entry range: 0.09708 Targets: 0.09119 _ 0.08534 Stop: 0.10395 Leverage: 3X Balance: 4% of capital
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