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Cryptorphic
Apr 5, 2024 9:57 AM

#USDT Dominance: When AltSeason? Short

Market Cap USDT Dominance, %CRYPTOCAP

Description

My previous chart was hidden by tradingview because of some mistakes. So posting this again with a little change!
Tether broke the long-term support of almost 2184 days. This is an amazing development in the price action. The current level is the point for reversal. If there's any big correction happening, it should be around the halving.

TBH, this chart gives me chills. Imagine if this keeps dumping, you'll see 100k in the EOY! Of course, the road will be bumpy, but sooner or later, it's coming.
Alts will have their time after the halving, Possibly June -July to September 2024!
We could see some massive Alt Rallies!

Invalidation: This chart will be invalidated if we break and close above 4.81% in a weekly candle.

Do your own research, no financial advice.

I hope this chart gives you some clarity over your trade decisions.

Please hit the like button if you found it helpful and share your views in the comment section.

Thank you

#PEACE
Comments
shimmeringpath
Great chart ! Thank you !
Cryptorphic
@shimmeringpath Thank you for your continuous support :)
Michael_crypto_trading
excellent I think the same from June to September is going to be the explosion.
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