After flash dumps so fast that the market has not changed hands, let's look back at the trend of Bitcoin by analyzing one of the most important Altcoin in the market is TUSD (Previously USDT)
As you know, TUSD always tends to go against Bitcoin, so the TUSD analysis is similar to BTC analysis.
Currently TUSD is entering the correction phase in H4 from 13500 to 16000 or higher. In this wave, we expect TUSD to run abnormally with regression, continuing to fluctuate between 14400 and 16000 from now until the end of this week. The required area is not the PO of 16000 to 16300. We mark this area as A-B-C wave.
We are seeing overall, the Elliott wave that TUSD is shaping is a big downside wave in the medium term, targeting the price below 10000, we see this is an opportunity for Bitcoin prices to rise.
We believe the TUSD peak area is BTC buying, and you can buy Altcoin at this time. As with previous reports, we are always reminded of time. In the first half of 9.2018 crypto formed the bottom, and then entered the mid-term increase in most of the cryptography. This is our chance to make a profit. But first, keep an eye on the top areas of TUSD.
Do you think like us, tell us your thoughts? Wish you successful trading!