Theter
USDT Waves UpdateHello Traders, Base on technical and wave analysis we see this scenario for #USDT.D for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDT dominance: possible upcoming shortAs y'all know, in general short signal for USDT.d means uptrend of BTC and then, growth of major altcoins.
Time analysis: tomorrow and the day after are time pivots for USDT.d. We have not seen such a compact cluster since Dec 29. Look out for possible trend reversal... as a short-term correction since Jan 9th has formed, we might be approaching another big shake out in one to two days!
Price Analysis: I strongly believe that 3.95 - 4% is a very good resistance. It might be our last barricade against BTC sellers. Weekly timeframe shows price reaction to fibo channel and mid-term down-trend. As per Cypher harmonic pattern, 2.8% might be the next low, if no major high is seen beforehand.
Long position Ecomi / Theter.This is a time frame of 3h, and we are looking into a long position which will continue and reach the target of 4929, it's better to buy in this time.
IOTA/USDT 4,89$ targetAs you se we're witnessing the next impulse break up to wave 5 (the longest)
In my chart I took the theter usdt pair, which is lacking behind but giving a nice 4,89 dollar target.
What do you think of this analysis, it's conservative but maths don't lie compared to the ABCD.
Like and share your thoughts.