This analysis is an update of the analysis you see in the "Related publications" section
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 doesn’t 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.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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 doesn’t 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.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade ativo
It did not hit our supply zone exactly, but it has dropped more than 37% from the highest point of the previous upward move.We expect the price to fluctuate and reach the green zone in the coming weeks
✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.