Neo Wave
Alt season is coming!The symbol "OTHERS.D" refers to the "Crypto Total Market Cap Excluding Top 10 Dominance, %" index. This metric is used to track the performance of the cryptocurrency market, excluding the dominance of the top 10 cryptocurrencies by market capitalization. Essentially, it provides insights into how the rest of the market (i.e., cryptocurrencies beyond the top 10) is performing relative to the overall crypto marke
The Altcoin Index appears to be nearing the completion of a major bearish leg. It has reached a crucial level, and if it revisits the optimized zone, there could be a significant rejection to the downside.
For the medium term, however, this index looks bullish, showing potential for upward movement if it holds above key support levels.
Alt season is coming!
For risk management, please don't forget stop loss and capital management
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AVAX buy/long setup (8H)From the point we marked on the chart, it seems that AVAX has started its correction.
An ABC pattern is nearing completion. The green zone is a fresh support level.
In this area, we can look for buy setups to enter a new pattern or wave D.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
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VINE Looks Bearish (2H)We previously provided a bullish analysis of VINE, but it failed. However, we had warned that this meme coin was risky and had already seen significant gains.
Now, the structure has turned bearish. It is currently moving orders downward toward the green zone.
Successive order blocks are forming, and the price has created a bearish CH.
As long as the lower supply is maintained, the price may continue moving toward the green box.
A daily candle close above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
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SONIC Update (2H)This analysis is an update of the analysis you see in the "Related publications" section
Since the previous analysis, it has dropped by over 21%.
There is limited data available for this symbol. Considering the time gaps, it seems the waves of this diametric are expanding.
Currently, it appears that we are in the middle of wave C.
We are still within the green zone of the previous analysis. It is better to shift the buy zone to the green area of this update.
For risk management, please don't forget stop loss and capital management
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Tether Dominance Update (8H)This analysis is an update of the analysis you see in the "Related publications" section
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
According to the previous analysis, wave G has formed, and the price is now dropping.
For the next move, there is a possibility of a pullback toward the red box, followed by a deeper correction.
Overall, the price could drop further.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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