Hello, Skyrexians!
Yesterday we shared the analysis when told you that the first confirmation of altcoin season has been received. For sure, Bitcoin dominance still has not confirmed reversal. Today we will show the third important chart. USDT also can help us to predict altseason.
Let's take a look at the weekly chart. Tether dominance has been in the large uptrend wave and now it's in the major correction. Wave A has been finished, wave B has the flat shape and it's also almost done. Fibonacci target area has been almost reached. We want to see the red dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] as a huge confirmation, but it's not obligatory.
Best regards,
Skyrexio Team
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