Based on the previous analysis, which you can see in that post (tradingview.com/chart/USDT.D/Qq0g9jOg-USDT-DOMINANCE-Analysis-Altseason-Or-New-Bearish-Cycle-3D/), the price did not move above the defined supply zone and headed downward. We have now analyzed Tether Dominance on the four-hour timeframe.
Now it seems it may have another drop ahead and move toward the green zone. The best area for a rejection is the red zone.
This would make Bitcoin and some altcoins more bullish.
As long as this index has not reached the green zone, look for buy/long positions.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Now it seems it may have another drop ahead and move toward the green zone. The best area for a rejection is the red zone.
This would make Bitcoin and some altcoins more bullish.
As long as this index has not reached the green zone, look for buy/long positions.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Operación activa
It seems the pullback has happened there
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.