BehDark (EN)
The bearish triangle was correctly identified, and the price really went to hell, dropping over 62%
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BehDark (VIP)
Done ππ»
After touching the green box, it pumped more than 36%
Stay tuned for the next analyses on USDT dominance.
This analysis was forwarded from the VIP channel, and it was a VIP analysis!
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Forwarded from BehDark (VIP)
π΄ sell/short signal #DEGOUSDT
Entry range: 0.705
Targets: 0.620 _ 0.535
Stop: 0.790
Leverage: 3X
Balance: 4% of capital
Entry range: 0.705
Targets: 0.620 _ 0.535
Stop: 0.790
Leverage: 3X
Balance: 4% of capital
Forwarded from BehDark (VIP)
BehDark (VIP)
π΄ sell/short signal #DEGOUSDT Entry range: 0.705 Targets: 0.620 _ 0.535 Stop: 0.790 Leverage: 3X Balance: 4% of capital
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BehDark (EN)
It has dropped more than 15% since the time of analysis.
Itβs better to get confirmation before buying.
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BehDark (EN)
After hitting the swap zone, it dropped more than 23%, which is a very large move for this index.
If it reaches the green zone, we expect a reaction.
We will update this index soon in the bigger picture and higher timeframes.
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Before anything else, pay close attention to the timeframe. This analysis is based on the 3-hour timeframe, and it naturally takes time to unfold.
From the point where we placed the red arrow on the chart, it seems that the correction of USDT dominance has begun. This correction is forming a Diametric pattern, and we are currently at the end of wave F.
From the red zone, we expect a rejection to the downside, because wave F ends in this area and we will enter wave G, which is a bearish wave. During this bearish wave, Bitcoin and altcoins will experience some degree of recovery.
However, based on NeoWave wave-counting principles, in the green zone either:
or
We have to see which scenario plays out!
What do you think?
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Dogecoin has entered the correction phase from the point we marked on the chart.
Based on the structure, an ABC pattern has been identified on the chart, and after wave C is completed, we expect retracement movements to the upside.
Wave C still needs more time to complete, and it is expected to finish between the two vertical time lines drawn on the chart.
Within the time lines and the green zone, one can consider buy/long positions.
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BehDark (EN)
It tapped the green zone and was supported.
If the price returns to the green box again, we will increase the long position size once more so that wave D can complete.
This analysis is still valid
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This coin is completing a bullish structure. The pattern is a bow-tie diametric, and we are currently in its G wave.
In the red zone, the G wave is expected to finish, and we anticipate a drop.
In the red zone, we will be looking for sell/short positions.
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 pumped more than 82% after hitting the entry zone!
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β€6
Let's take a look at Ripple to see what fluctuations it may experience over the next month or two.
We considered the upward move in 2024 as Wave A, the following correction as Wave B, and the third rise as a terminal 5-wave structure.
The sharp downward move is considered a post-pattern terminal, and now the waves we are in are regarded as a bearish cycle, forming an expanding/diametric/symmetrical triangle.
Whatever the larger pattern is, in aggregation it seems that the price will move downward from the red zone to the short-term targets marked on the chart.
The targets are marked on the chart.
A daily candle closing above the invalidation level will invalidate this analysis
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β€3π1
BehDark (EN)
In the end, after a lot of volatility on the daily timeframe, it reached our entry zone and pumped more than 117%
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The YALA coin appears to be forming a diametric/symmetrical pattern on the hourly timeframes.
It seems we are currently in Wave F. The red zone is an appropriate area for Wave F to complete. In the red zone, we will look for sell/short positions.
The targets for Wave G are marked on the chart.
A daily candle closing above the invalidation level will invalidate this analysis and outlook
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BehDark (EN)
In the end, this setup although it took a while did its job.
After our entry,
it reached our first target without touching the invalidation level, and pumped more than 10%
Here is where the importance of choosing the right invalidation level becomes clear!
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BehDark (EN)
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Based on the structure we previously shared for AVAX (in this post), it seems the same structure is being followed.
The price appears to be in a large ABC, where wave B is a major diametric, and wave G of this diametric is still remaining.
Wave G could complete within the green zone
After this diametric finishes, we expect the price to enter the large wave C
Touching the invalidating level would negate this view.
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as you know, We previously captured a good swing from this coin (in this post).
Based on the data we have from SQD , we can analyze this coin.
It seems that we are currently in the Diametric/Symmetrical pattern, wave D | specifically inside wave F of this structure.
In the red zone, you can look for sell/short positions.
In the green entry zones, we can look for buy/long positions.
Letβs see what will happen next
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