USDT DOMINANCE NEW UPDATE (4H)

Updated
By analyzing the chart with the latest data, we observed that after the diametric and upward movements of USDT dominance, this index is now forming a descending triangle.

We are currently in wave d of this triangle.

The green zone is where you should be cautious with your buy/long futures positions.

For wave e of this triangle, it remains to be seen how strong wave e will be. If wave e behaves normally, it should end in the red box, leading to a significant drop in USDT dominance, which could trigger the main altcoin season.

We will follow the market step by step.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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You can see the reaction of Tether dominance to the green zone which has turned the market red
snapshot
Neo WaveSupply and DemandtetherdominanceusdtdominanceWave Analysis

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