USDT DOMINANCE Update (8H)
Wave G extended, and the market maker executed the worst-case scenario.
As it hit the resistance zone, a very heavy rejection is expected. Keep in mind that reaching the lower green zone will take several months, with significant fluctuations along the way, but it seems to be following the yellow circle.
Both Tether dominance and Bitcoin dominance have reached important levels. For now, the focus should be on looking for buy/long setups on altcoins over the coming months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
As it hit the resistance zone, a very heavy rejection is expected. Keep in mind that reaching the lower green zone will take several months, with significant fluctuations along the way, but it seems to be following the yellow circle.
Both Tether dominance and Bitcoin dominance have reached important levels. For now, the focus should be on looking for buy/long setups on altcoins over the coming months.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.