Tether dominance appears to be forming a large triangular pattern, and according to our analysis, we are currently approaching the end of wave D within this triangle. Wave D has been bullish in nature, and with its completion, we expect the market to transition into wave E, which is anticipated to be a bearish wave.
There are two primary scenarios for the completion of wave D:
Direct Drop from the Red Zone – The price could simply fall from the highlighted red area, marking the immediate end of wave D and the start of wave E.
Red Zone Hunt Before Drop – The market could hunt liquidity in the red zone first, creating false signals or temporary price spikes, before ultimately dropping and entering wave E.
It is important to note that market makers often manipulate price action to finish wave D, as they require liquidity to clear this phase. Traders should remain vigilant for potential shakeouts, false breakouts, or liquidity grabs that could precede the main bearish move.
Wave E has two clearly defined targets, which we have marked on the chart for reference. These levels are critical for managing risk and planning entries or exits.
A significant drop in Tether dominance typically has a direct correlation with a pump in Bitcoin and select altcoins, as capital flows out of stablecoins and into risk assets. Therefore, monitoring dominance behavior at these key levels can provide early signals for potential crypto market rallies.
In summary, we are at a crucial junction: the end of a bullish wave D and the impending bearish wave E. Traders should pay close attention to the red zone, watch for liquidity hunts, and plan their strategies according to the two potential scenarios outlined. Proper risk management and target planning will be key to navigating this phase successfully.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here
There are two primary scenarios for the completion of wave D:
Direct Drop from the Red Zone – The price could simply fall from the highlighted red area, marking the immediate end of wave D and the start of wave E.
Red Zone Hunt Before Drop – The market could hunt liquidity in the red zone first, creating false signals or temporary price spikes, before ultimately dropping and entering wave E.
It is important to note that market makers often manipulate price action to finish wave D, as they require liquidity to clear this phase. Traders should remain vigilant for potential shakeouts, false breakouts, or liquidity grabs that could precede the main bearish move.
Wave E has two clearly defined targets, which we have marked on the chart for reference. These levels are critical for managing risk and planning entries or exits.
A significant drop in Tether dominance typically has a direct correlation with a pump in Bitcoin and select altcoins, as capital flows out of stablecoins and into risk assets. Therefore, monitoring dominance behavior at these key levels can provide early signals for potential crypto market rallies.
In summary, we are at a crucial junction: the end of a bullish wave D and the impending bearish wave E. Traders should pay close attention to the red zone, watch for liquidity hunts, and plan their strategies according to the two potential scenarios outlined. Proper risk management and target planning will be key to navigating this phase successfully.
If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.
This is not a trade setup, as it has no precise stop-loss, stop, or target. I do not publish my trade setups here
✅ Join our Telegram channel to succeed in 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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
✅ Join our Telegram channel to succeed in 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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.