USDT DOMINANCE UPDATE (4H)

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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 .
It seems that Tether Dominance has entered a large C wave.

There are numerous requests to determine the market direction in this situation.

Based on our analyses, it seems that Tether dominance will move as follows.

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After hitting the green zone, it has pumped more than 5% so far.

Note: Be cautious; it is not necessarily required to move along the red lines. There are many resistances ahead of and surrounding the Tether dominance. If the green zone is lost, Tether dominance will decline again.
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Upon reaching the green zone, it pumped over 21%.

It has hit a significant supply zone. It might consolidate slightly within the upper red box, experiencing some pumps and dumps in this supply area, and then the main drop could occur.

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Neo WaveSupply and DemandtetherdominanceusdtdominanceWave Analysis

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