Yesterday, we anticipated a bullish reaction from the 4.20%–4.22% support zone, and the market followed through perfectly. The current structure is forming a contracting triangle (ABCDE), and we are now likely heading into wave E.
🔹 Wave Structure (NeoWave View):
Wave D has reacted sharply from the expected support.
Wave E is now in progress, targeting the 4.42%–4.44% resistance zone.
This could complete the triangle structure and signal a potential trend reversal.
🔸 From ICT/Smart Money Perspective:
The market tapped into a clean bullish Order Block.
Below the support zone, there was clear liquidity sweep followed by a strong BOS (Break of Structure) upward.
All signs point to short-term strength in USDT.D.
📌 Scenarios:
Bullish case (primary): Wave E completes around 4.43%–4.44%, followed by possible reversal.
Invalidation: A break below 4.20% with no bullish defense would invalidate this triangle and require reassessment.
🧠 Takeaway:
This structure could mark a temporary market top for altcoins as USDT.D pushes higher. Keep an eye on the 4.43% level.
📡 Analysis by CryptoPilot – navigating the market with precision.
#CryptoPilot #USDT.D #Elliot #NeoWave #MarketStructure #TrendChannel #BOS #Altcoins #CryptoTrading
🔹 Wave Structure (NeoWave View):
Wave D has reacted sharply from the expected support.
Wave E is now in progress, targeting the 4.42%–4.44% resistance zone.
This could complete the triangle structure and signal a potential trend reversal.
🔸 From ICT/Smart Money Perspective:
The market tapped into a clean bullish Order Block.
Below the support zone, there was clear liquidity sweep followed by a strong BOS (Break of Structure) upward.
All signs point to short-term strength in USDT.D.
📌 Scenarios:
Bullish case (primary): Wave E completes around 4.43%–4.44%, followed by possible reversal.
Invalidation: A break below 4.20% with no bullish defense would invalidate this triangle and require reassessment.
🧠 Takeaway:
This structure could mark a temporary market top for altcoins as USDT.D pushes higher. Keep an eye on the 4.43% level.
📡 Analysis by CryptoPilot – navigating the market with precision.
#CryptoPilot #USDT.D #Elliot #NeoWave #MarketStructure #TrendChannel #BOS #Altcoins #CryptoTrading
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 CryptoPilot – Advanced Technical Analysis for BTC & Altcoins
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
🔎 Smart Money • Price Action • NeoWave • Multi-Timeframe Context
📩 Contact: @CryptoPilot_1 (Telegram)
📥 Telegram Chanell : @CryptoPilot_Trading
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.