Hello, Skyrexians!
Despite most of traders now already do not believe in correction for Bitcoin,
USDT.D is showing the potential warning sign. For sure my global forecast for this chart that Tether dominance will go below 2% is still actual. You can find it here. By the way it's playing out great. But in the short term shakeout is likely.
12 hours time frame Awesome Oscillator shows that wave 1 of global C has been finished. Now it's time for reactive wave 2. The most likely target is 5.3% at 0.5 Fibonacci. Only from there I expect crypto bull run continuation (for BTC) and start (for altcoins).
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Despite most of traders now already do not believe in correction for Bitcoin,
USDT.D is showing the potential warning sign. For sure my global forecast for this chart that Tether dominance will go below 2% is still actual. You can find it here. By the way it's playing out great. But in the short term shakeout is likely.12 hours time frame Awesome Oscillator shows that wave 1 of global C has been finished. Now it's time for reactive wave 2. The most likely target is 5.3% at 0.5 Fibonacci. Only from there I expect crypto bull run continuation (for BTC) and start (for altcoins).
Best regards,
Ivan Skyrexio
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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Claim up to 600 USDT in welcome rewards & compete for a share of 5,000 USDT in BitMart Futures Contest!
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➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
Related publications
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.