• OTHERS forms a clear double bottom that supports the idea of a strong base as the five wave move completes.
• The chart displays a large impulsive structure that reaches a finish near a zone where buyers returned in past cycles.
• The analyst notes that OTHERS outpaced BTC after QT ended in 2019 and now watches for a similar outcome here.

OTHERS shows a completed five-wave structure while also sitting on a strong support zone that forms a clear double-bottom pattern. The analyst states that this level played a major role in past cycles and now appears again as a key turning point. The chart also shows that OTHERS gained strength after QT ended in 2019, which raises interest in a similar path.

Five Wave Completion Marks a Key Technical Phase

The analyst explains that OTHERS has reached the end of an impulsive wave. The structure shows five parts, which match a classic waveform. Each part moves within a measured range that aligns with the final point near a deep support zone.

The chart displays the full wave sequence in red lines. Wave one forms the first downward leg. Wave two rises sharply but ends below the prior high. Wave three drops deeper and forms the largest decline in the series. Wave four rises but fails to break prior resistance. Wave five completes the structure and touches the lower range where strong support sits.

This area shows a clear double bottom. The candles show two strong reactions at the same level. This supports the idea that buyers hold interest in this zone. The analyst marks this level with a bright label that states “double bottom” and “strong support.”

The pattern repeats a history seen in earlier cycles. It gives traders a zone that they can measure. It also sets a point from which the new trend may rise.

Strong Support Zone Aligns With the Next Chart Target

The chart shows the next target at a level near 5M. The analyst uses a bright marker to show that the distance from the support line to this target equals about 112 percent. The move would return OTHERS to a long-range resistance from prior cycles.

The analyst notes that price action sits inside a wide monthly formation. This structure spans several years. It began after an earlier high in 2018 and now tests the same region again.

The support zone now matches that earlier reaction. The chart shows this with a large yellow block that sits across the base. This region acted as the floor for past rallies in OTHERS. It also held firm during large market downturns. The repetition of this behavior draws attention to the idea that history may echo again.

This zone links well with the next projected rise. It creates a clean route toward the upper target area. It also gives analysts a structure that fits with long-term readings.

Historical QT Pattern Raises a Single Forward-Looking Question

In the analyst’s view, OTHERS outperformed BTC after QT ended in 2019. The chart marks that period with a clear upward move. This historical pattern gives traders a reference that fits today’s structure. The key question now becomes simple. Will OTHERS repeat its past pattern and deliver another strong rise once QT ends again?

This question stands at the center of the new analysis. The structure is clear. The support is strong. The five-wave move is complete. The next window now approaches.