📈 Tether Dominance Update, Bears Reinforced Short

Market Cap USDT Dominance, %CRYPTOCAP

Description

⋅ Jan 28, 2023 3:05 AM

We had a strong rejection at EMA10 yesterday, the previous trade idea becomes less relevant right now.

We looked at the possiblity of a bounce that would meet "strong resistance" but this is less likely.

With the long upper wick rejection at EMA10 from yesterday's candle, it seems that USDT.D will move straight to the next support level with no bounce.

Basically a bearish flag.

USDT.D set to go lower.
Everything crypto set to grow.

Namaste.

P.S. Looks like January 30-31 Bitcoin does the next jump.
Enjoy your weekend.

Comments

xlameee

⋅ Jan 28, 2023 3:18 AM

more like 3.41% :) look deeper

AlanSantana

⋅ Jan 28, 2023 8:49 AM

@xlameee, Of course, surely possible... Here I am not talking about the end target but the current potential move. What is likely to happen next, within days.

xlameee

⋅ Jan 28, 2023 9:07 AM

@AlanSantana, My targets are 6.26%-4.25%-3.41% Exact :)

AlanSantana

⋅ Jan 28, 2023 10:36 PM

@xlameee, I just looked into it and came up with very similar numbers

xlameee

⋅ Jan 29, 2023 7:13 PM

@AlanSantana, Yap. Good luck to all :)