USDT.D New Update (8H)
Read the text carefully
It seems that Tether dominance is completing a Diametric pattern instead of an Expanding Triangle. This is because if it were an Expanding Triangle, the movement following wave E should not have occurred with such speed and strength
Currently, we can expect an upward movement from the green zone
Let's see if wave G is normal or truncated. If it is normal, it can move upward to the yellow zone but
If wave G becomes truncated, it may not create a significant high
Overall, the structure of Tether dominance appears bearish in larger timeframes
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It seems that Tether dominance is completing a Diametric pattern instead of an Expanding Triangle. This is because if it were an Expanding Triangle, the movement following wave E should not have occurred with such speed and strength
Currently, we can expect an upward movement from the green zone
Let's see if wave G is normal or truncated. If it is normal, it can move upward to the yellow zone but
If wave G becomes truncated, it may not create a significant high
Overall, the structure of Tether dominance appears bearish in larger timeframes
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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