AlgoBotTrading

USDT Dominance (1H) and possibility of a rise

Short
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
Analysis on USDT.D chart (1H) suggests that a falling wedge pattern is being formed(other confluences such as divergence also hint at this pattern). if confirmed (breakout from above the pattern), market can dump for a day or two. Remember that a rise in USDT.D means a dump in the BTC and the crypto market. if the pattern fails, the current pump in coins shall continue with a stronger momentum. possible tp levels: 4.74% - 4.84% - 4.88% - 4.94%
Comment:
USDT.D exactly followed analysis .
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