Forwarded from BehDark (VIP)
π΄ sell/short signal #CAKEUSDT
Entry range: 1.4195 _ 1.4458
Targets: 1.3748 _ 13310 _ 1.2628
Stop: 1.4852
Leverage: 2X _ 3X
Balance: 4% of capital.
Entry range: 1.4195 _ 1.4458
Targets: 1.3748 _ 13310 _ 1.2628
Stop: 1.4852
Leverage: 2X _ 3X
Balance: 4% of capital.
π4
Forwarded from BehDark (VIP)
BehDark (VIP)
π΄ sell/short signal #CAKEUSDT Entry range: 1.4195 _ 1.4458 Targets: 1.3748 _ 13310 _ 1.2628 Stop: 1.4852 Leverage: 2X _ 3X Balance: 4% of capital.
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π4
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π4
BehDark (Crypto)
The second pump on GMT also played out exactly as indicated by the drawn arrow
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β€7π€―2
From the point where the red arrow was placed, the GIGGLE asset appears to have entered a complex and time consuming higher-degree corrective phase.
We are observing an expanding pattern, and price action currently seems to be in wave C of this structure. Wave C itself appears to be forming a diametric pattern, and at this stage we are likely in wave E of this formation.
We are looking for supply zones to enter and to participate in the final wave E of C.
Targets are marked on the chart; once TP1 is reached, move the position to breakeven.
A daily candle closing above the invalidation level would invalidate this analysis.
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π₯4β€2π2
BehDark (Crypto)
This index still appears bullish. The yellow trigger lines have been broken to the upside, and price now seems to be pulling back toward those yellow trigger lines.
It may reject from the TP1 zone, but the second scenario is the dangerous one. If this index reaches the second target the yellow circled area a full scale bloodbath could unfold.
So be careful, and do not trade without proper triggers and confirmation.
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π9β€8π₯4π2
BehDark (Crypto)
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π₯9π8β€5π³3
BehDark (Crypto)
After hitting the marked supply zone, the price dropped more than 15%, and the first target was reached.
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β€6π₯2
BehDark (Crypto)
After hitting the marked supply zone, the price dropped more than 10%, and the first target was reached.
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β€8π2π₯1
BehDark (Crypto)
After hitting the marked supply zone, the price dropped more than 12% without touching the invalidation level, and the first target was reached.
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β€6π₯2π―2π1
BehDark (Crypto)
After pumping into our supply zone, the price dropped more than 6%, and our first target was hit.
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β€7π₯2π2π1
BehDark (Crypto)
Regardless of the news and market hype, it looks like PLAN B is currently playing out for TOTAL3.
There doesnβt appear to be enough momentum to break through the supply zone (key level), and the probability of sweeping the previous low before seeing a bullish move on TOTAL3 is very high.
We have marked the supply zone in blue on the chart, along with the expected price movement and a liquidity pool that has already been swept, illustrating the short-term path for TOTAL3.
The likelihood of price moving down toward the lows and then rallying higher after hunting the previous low is much greater than the scenario where price directly breaks the red resistance zone and continues upward.
We will only see a direct move to the upside if the supply zone (key level) highlighted on the chart is broken with a valid breakout.
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π₯7π4π2β€1
BehDark (Crypto)
Bitcoin was rejected strongly from the previous supply zone and has dropped more than 10% so far.
Now letβs get into more detail. According to the previous analysis, Bitcoin still appears to be moving inside a large Diametric pattern.
Wave F of this Diametric is not expected to finish anytime soon, since Wave E has only recently been completed. Moving forward, Bitcoin is expected to enter another corrective phase either from the current area or after tapping the marked supply zone again, allowing Wave F enough time to fully develop.
Wave F could be completed within the time ranges highlighted on the chart.
In our supply zone model, we have an βoptimizedβ area, which is considered a strong supply zone.
The target for Wave F could be the 71K region.
A daily candle close above the invalidation level would invalidate this bearish outlook.
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π₯9π―4β€3π3