Hello !!
Welcome to the quick update of USDT.D. It is currently, moving inside a channel and may soon get rejected from 4.80. It has been rejected multiple times from the trend line as shown in the chart. This will be the 5th time it is going to get rejected and if it happens we may see a green market. The altcoins may pump around 10 to 15 % if it gets rejected.
USDT.D and BTC go in the opposite direction. If USDT.D gets rejected, BTC will soon see a pump until the first resistance of 39300 then 40800 along with a rally in the altcoins as well.
On the other hand, I can see a Cup and Handle pattern and if USDT.D breaks this pattern and retests, then BTC will break 38200 mark and we may see 37000 levels and also 33000 if the worst happens. Let's wait for the right time to enter any trade and wait for confirmations rather than speculations.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
Please like and share and comment on this idea if you liked it.
Welcome to the quick update of USDT.D. It is currently, moving inside a channel and may soon get rejected from 4.80. It has been rejected multiple times from the trend line as shown in the chart. This will be the 5th time it is going to get rejected and if it happens we may see a green market. The altcoins may pump around 10 to 15 % if it gets rejected.
USDT.D and BTC go in the opposite direction. If USDT.D gets rejected, BTC will soon see a pump until the first resistance of 39300 then 40800 along with a rally in the altcoins as well.
On the other hand, I can see a Cup and Handle pattern and if USDT.D breaks this pattern and retests, then BTC will break 38200 mark and we may see 37000 levels and also 33000 if the worst happens. Let's wait for the right time to enter any trade and wait for confirmations rather than speculations.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
Please like and share and comment on this idea if you liked it.
Comment:
USDT.D got rejected and is currently at 4.60. It has support at 4.5 and from there onwards it can reverse.
BTC touched 37300 and took support. As of now USDT.D might retest the 4.8 mark and pump but it needs to break down below 4.8 in order for us to stay bullish on BTC.