Wykoff's pattern clearly defines the trend and we realize that correction is ahead
According to the analysis last night that I shared in the roof of the triangle, we are facing a collapse, and this collapse fell and the bottom of the triangle was broken. I hope I was able to help my fellow traders!
I did the USDT.D analysis, according to the USDT market cap analysis, I expect the market to grow
In the one-hour time frame, due to the negative divergence
When the uptrend line is broken in black color, a pullback is formed at the point where the break happened, which I marked with the yellow box, and now the trend is in progress inside the pattern like
It is quite clear that the trend has changed and considering the resistance of the midline of the trading range as well as the volumes consumed in the first and third ceilings and the bottom of the trading range, I must say that we must witness the fall of USDT dominance.
Formed Harmonic Pattern: It is impossible for it to rise, until a correction occurs to the 0.618 Fibo area of the last wave of the harmonic pattern, which is the bottom of the channel.
Falling up to 5% , It is in my mind. I hope you can get your profit from the market. Consider Chart TOTAL3
All the signs indicate the fall of this chart, I recommend you make the right decision and think about the bull market
CHOCH structure formed.. There is also the desired base resistance Pay attention to the air blue that I optimized
In the daily frame, the trend is below the EMA200 and this resistance is very valid, the short-term future trend of crypto will be positive with the fall of USDT.D.
I strongly recommend you to stay away from short positions
We will definitely see pump altcoins And divergence (—)
Twin bottoms are formed Also, he has responded professionally to the second base and is very, very prone to growth
Because it has a lot of touches from the floor, it is more likely to fail from the floor
All the evidence points to the upside, I hope you act rationally
If the $400 billion range is broken, the alt season will happen The Wyckoff pattern shows the rise
Existing resistance: A fog box drawn on the basis of the last non-same color candle is an important resistance and makes the falling pattern complete.