Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned char that USDT.D broke its local resistance levels and moved upside.
It’s currently trading below the resistance level of 7.74%, as USDT dominance printing a bearish divergence in lower time frame charts which are mentioned in the above chart.
Rejection is likely from the current level and we can see a short-term meltdown at stable dominance in the upcoming hours.
A candle that closes above the resistance level will lead USDT pair altcoins towards a blood bath.
So, keep an eye on it to track in which direction it’s moving.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned char that USDT.D broke its local resistance levels and moved upside.
It’s currently trading below the resistance level of 7.74%, as USDT dominance printing a bearish divergence in lower time frame charts which are mentioned in the above chart.
Rejection is likely from the current level and we can see a short-term meltdown at stable dominance in the upcoming hours.
A candle that closes above the resistance level will lead USDT pair altcoins towards a blood bath.
So, keep an eye on it to track in which direction it’s moving.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
