MtGoxFX

Bearish BTC:: Broadening bottom into Bull Harm

Long
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
USDT has formed a broadening bottom on the D1 that look poised to take us back to around the fib 786 (8.4%). Candle bodies may not be as extreme and might stop around the 8-8.2% range, correlating to the orange TL. I do not expect to see the Harm 1.0 tgt met on this one. This is very bearish for BTC & $Total, of course.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.