The most important chart in crypto
USDT dominance continues to be the most important chart in crypto to look at. Its is so good and calling tops and bottoms and general moves in the market.
April 5th 2022 i posted this TA
The most important triangle of the year! guess what date the USDT dominance started its parabolic move April 5th 2022!
Bitcoin was 48k at the time, this is the most important chart to be looking at because it will call the exact time the relief rally will start or atleast a breakout into a higher range for Bitcoin maybe 22-30k range.
As it stands USDT seems to be hitting a wall of resistance , since July it has failed to break this level time and time again which is a very good sign that we are in fact bottoming out.
If USDT fails to break this resistance by 28th of July 2022 it will officially break the ascending channel which could trigger some sort of rally.
It is important to note that this ascending channel is within a much larger marco channel that I cover on other TAs.
April 5th 2022 i posted this TA
The most important triangle of the year! guess what date the USDT dominance started its parabolic move April 5th 2022!
Bitcoin was 48k at the time, this is the most important chart to be looking at because it will call the exact time the relief rally will start or atleast a breakout into a higher range for Bitcoin maybe 22-30k range.
As it stands USDT seems to be hitting a wall of resistance , since July it has failed to break this level time and time again which is a very good sign that we are in fact bottoming out.
If USDT fails to break this resistance by 28th of July 2022 it will officially break the ascending channel which could trigger some sort of rally.
It is important to note that this ascending channel is within a much larger marco channel that I cover on other TAs.
Comment:
colintalkscrypto.com/cbbi/
Comment:
Closing in to bottom of trendline!
will it break!
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