USDT.D Wyckoff Distribution Profile - Bullish Q4 Upon UsUSDT.D Distributing as BTC accumulates.... The Perfect Storm and great times ahead in Q4 are upon us!
As BTC sets up in its accumulation range near perfectly aligned to the accumulation schematic i shared prior.
USDT.D is setting up near perfectly according to the Wyckoff distribution schematic too, which is no surprise as their relationship is inverse.
A pullback is needed and forming in the market, forming phase 3 of the profile into last points of support and last points of supply.
Phase D to follow - The expansion out of the range, leading us into a beautiful Q4!
Just as BTC looks to be in an accumulation range, USDT.D looks like its forming a local distribution range as expected at these levels and as ive said plenty of times prior.
When I delve into the daily TF it becomes more apparent and easier to see, just like it is on the BTC accumulation range.
USDT.D has pushed into the FVG i was looking at and come lower into the range lows and closed bearish on the daily below the prior swing low indicating weakness.
USDT.D is naturally having a pullback now after taking SSL and filling all the FVGs in the range, and BTC and the market is also having a pullback as this trends up with it being inverse.
As im seeing this as a distribution range, i expect this to push back into the upper bound of the range into supply and form a last point of supply in a distribution profile, before continuing bearish pro trend and truly breaking to the downside throughout Q4. This is the same as my BTC analysis where im looking for a BTC pullback into a LPS before continued upside into new ATHs.
This in turn sets us up for a bullish Q4 in the market as USDT.D breaks down bearish pro trend and into the HTF targets around 3.73%, whilst BTC pushes into new ATHs alongside a bullish market.
We are not prepared enough for whats to follow 🚀
