#USDT Dominance is at resistance...But Don't buy now...

Welcome to this short update on USDT Dominance.

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Let's get to the chart!
USDT Dominance broke below the Ascending triangular pattern.
The current PA looks like a retest to me.
A rejection is likely around the 4.34% level.
Also hitting the upper BB line.
Rejection around the 4.34% level will be the best time to load ALTS on spot IMO.

Invalidation:-
Any break and close inside the channel will invalidate this chart.
To be precise, closing above and maintaining the 4.34%+ level would ruin this rally.

Let me know what you think in the comment section.

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#PEACE

Trade active:

NOTE:- I am not an expert in Elliot, I just tried it out...
I could be wrong and would love to learn from you.
So do your own research before taking any trade based on my charts.

Thank you

Comment:

Two possible scenarios in the short term have been shown in this chart.
Pay attention if you are scalping...

Comment:

It broke above the 4.40% level and unfortunately this chart is invalidated.