comparison between Bitcoin and USDT dominance
Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
USDT.D :
USDT dominance shows us investors inclination to change their coins to USDT, and vice versa.
here we see a contradiction between BTC chart and USDT.D chart.
USDT dominance shows a strong ascending channel breakout but BTC price still is moving in it's parallel channel .
USDT dominance shows people changing their USDT to coins.
According to week downside moving of BTC , I expect finally BTC breaks upside the descending channel . Also, I think the price in printing wave 5 as ending channel.
if BTC breaks upside the parallel channel , it is a good opportunity to buy Bitcoin .
Please wait until the BTC channel breaks.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
USDT.D :
USDT dominance shows us investors inclination to change their coins to USDT, and vice versa.
here we see a contradiction between BTC chart and USDT.D chart.
USDT dominance shows a strong ascending channel breakout but BTC price still is moving in it's parallel channel .
USDT dominance shows people changing their USDT to coins.
According to week downside moving of BTC , I expect finally BTC breaks upside the descending channel . Also, I think the price in printing wave 5 as ending channel.
if BTC breaks upside the parallel channel , it is a good opportunity to buy Bitcoin .
Please wait until the BTC channel breaks.
Trade closed: target reached:
As I expected, the price of BTC breaks upside its parallel channel.
the price moved up and reached very important resistant zone.
you can close your position.
the price moved up and reached very important resistant zone.
you can close your position.
