First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
Let's see what is happening on the Dominance Tether chart.
The correction and drop has started from where we have inserted "Strat" on the chart.
From where "Start" is entered, a 9-wave symmetrical pattern has been created, which was wave A of our correction.
Thanks, we have had an ascending triangle that is now complete. This 4-wave triangle was our wave A of B, and now we have entered wave B of B.
From the green area, we expect a C wave from B upwards to form a big B wave.
The condition for the analysis to be true is that we do not have a stabilization below the invalidation level with the daily candle. (one daily candle)
For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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