In our latest analysis, we pointed out the bullish movement in Tether dominance and warned to be cautious | and eventually, that move played out.
The bullish movement in Tether dominance started from the point where we placed the green arrow on the chart. It appears to be an ABC pattern, and we are currently in wave C.
Now, after the drop, the price is approaching a support zone that could potentially push it back to higher levels, so we need to stay alert.
The bullish wave C could complete in one of the marked zones.
Let’s see what happens.
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 bullish movement in Tether dominance started from the point where we placed the green arrow on the chart. It appears to be an ABC pattern, and we are currently in wave C.
Now, after the drop, the price is approaching a support zone that could potentially push it back to higher levels, so we need to stay alert.
The bullish wave C could complete in one of the marked zones.
Let’s see what happens.
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
🔆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.
🔆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.