USDT Dominance Update (4H)

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The large bullish pattern appears to be a symmetrical one, and we are currently in wave I of this structure.

Wave I seems to need a bit more time to complete. The candles are expected to reject from the red zone down to the SS (Static Support) line.

If the candles attack the red zone once again, it could be a good opportunity to buy Bitcoin and altcoins.

Let’s follow the market step by step instead of making predictions. Let’s see what happens.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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It pumped over 7% further from the green box. This perspective on Tether Dominance was accurate.

We expect a price rejection from the red box