USDT Dominance is at a decisive point. Multiple Rejection candles will lead to a rally across the market. BTC could hit 23K+ and alts will follow, probably a green week. However, a close above the resistance will lead to a correction. Important area, stay vigilant.
CONCLUSION:- Close above 7.28% will trigger short entries across the market. Close below 7.23% enter long position with SL.
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TastyBaozi
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I love how relevant this chart is even today. I keep watching it today and I see all the choppy market moves up and down - all around that upper level of the channel you have charted. This was a very accurate TA.
Cryptorphic
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@TastyBaozi, Yeah but the PA is too choppy. Thanks for your honest feedback.