USDT DOMINANCE UPDATE! A BULLISH RETEST!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. USDT Dominance works opposite to the BTC and Alts. It means when USDT Dominance pumps, BTC, and Alts dumps, and vice versa.
Now let's get to the chart.
According to this daily time frame chart, USDT dominance breaks out from the descending triangle and currently looks like it is retesting the triangle. After this successful retest, we can expect a bounce in dominance and a dump in the crypto market.
Invalidation:- Daily candle close below the 6.30 level will invalidate this chart.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this USDT Dominance update. USDT Dominance works opposite to the BTC and Alts. It means when USDT Dominance pumps, BTC, and Alts dumps, and vice versa.
Now let's get to the chart.
According to this daily time frame chart, USDT dominance breaks out from the descending triangle and currently looks like it is retesting the triangle. After this successful retest, we can expect a bounce in dominance and a dump in the crypto market.
Invalidation:- Daily candle close below the 6.30 level will invalidate this chart.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Related Ideas
