Others.D/USDT.D (1H): NeoWave Analysis Wave 5 Completion Signal

This 1-hour chart of Others.D vs. USDT.D shows a 5-wave impulsive rise, with Wave 5 peaking at 1.97% on August 13, 2025, signaling the end of the advance and an imminent correction. Altcoin dominance may decline, hinting at a risk-off phase in crypto.
Wave Count (NeoWave):

Wave 1: From 1.60% (late July) to 1.77% (A).
Wave 2: Retraced to 1.61% (2), ~61.8% of Wave 1.
Wave 3: Extended to 1.85% (3), ~161.8% of Wave 1.
Wave 4: Corrected to 1.77% (C), ~38.2% of Wave 3.
Wave 5: Reached 1.97% (5), ~61.8% of Wave 1, showing exhaustion.

Channel & Fib Confirmation:

Channel touched at Waves 2, 4 (lower), and 3, 5 (upper), fitting NeoWave's 3-5 touch rule. Resistance at 1.96%-1.97% (0.618 extension) held. Correction targets: 1.80% (38.2%), 1.75% (50%), 1.70% (61.8%).

Why Correction Now?

Wave 5’s short duration (vs. Wave 3) and potential divergence indicate exhaustion. A break below 1.80% confirms the drop; invalidation above 2.00% suggests extension (low probability).

Trade Idea (Short):

Entry: Short below 1.93% on CHoCH/BOS in 1H.
Targets: 1.80%, 1.75%, 1.70%.
Stop Loss: Above 1.98% (R:R ~1:3).
Sizing: 1-2% capital, trail stops at midline.