readCrypto

USDT Dominance (USDT.D)

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CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
Now you need to get support at point 7060.
And, at point 6946, you have to be absolutely supportive.

A gap was created when the USDT was newly issued on March 31st.
You can see that it has been published tremendously.

Then, USDT dominance continues to decline.

I think this is about buying coins with USDT.

2.97: A point that must be breached downward.
2.72: The point that should be broken down as far as possible.
2.41: Too good a point if it breaks down.

I think it's always a good idea to check how far you can go down.

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It is time to focus on selling rather than buying to preserve profits.

All my charts can be shared.
We are trying to provide a more accurate and good charting environment.
We ask for your support.

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Comment:

You must get resistance at point 3.21.

The 3.21 point can be converted to an upward trend if it rises to the point where it is subject to resistance.

Also, the 3.31 point is where the coins must be resisted in order to rise.

Accordingly, if you need an aggressive stop-loss in a short-term investment, you can rise above the 3.12 point to see and execute the situation after the closing price is generated.

The 3.31 point rises to the stop-loss point, where you can view and execute the situation after the closing price is created.
Comment:
A new short-term downtrend line (2) was formed.
We need to see if this trend line will act as a resistance.

3.18 is the middle of the gap.

Simply put, you can think that half of the newly issued USDT is exhausted.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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