USDT DOMINANCE is bearish (4H)

May 13

It is currently in a bearish power move, and if a pullback occurs to the red zone, the price could get rejected again toward the green area.

During this drop, altcoins are expected to perform well since Bitcoin dominance is also bearish. When both Bitcoin dominance and Tether dominance are bearish, altcoins tend to deliver the best returns.

Now that Bitcoin has seen significant upward moves, many might think it’s time to consider sell/short positions. But hold on | this is exactly when market makers want to create the illusion that the bullish phase is nearing its end. However, the charts tell a different story, especially for altcoins!

What better time for altcoins to turn bullish than now | when everyone is expecting a rejection and fearing a price drop

A daily candle close above the invalidation level will invalidate this outlook.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

May 18

Trade active

Still Valid