USDT.D moved upwards breaking multiple resistance levels. It is currently sitting on the support on 3.49%. If it bounces back up it would be heading towards the resistance at 3.67% overall, else it would fall back to 3.38%.
Hello Eveyone. I want to explain my idea about USDT.D
Dominance has broken above the bearish trendline and has been rising since then. Today, it broke above its resistance and is trying to stay above it. I believe that, After a pullback , It will raise again targeting 4.2
Please have a look at my other ideas.
USDT.D got rejected multiple times from the S/R flip failing to hold above it. Currently we see a potential double top that is formed which is a bearish pattern so we should be expecting USDT.D to drop. However if bearish movements are expected on BTC then USDT.D will most likely reach the resistance at 3.38%.
could go either way, but looks bullish to me (bad for BTC)
its been respecting that up channel since sept 6th after a falling wedge break out
getting close to the tip of a symm triangle, near the bottom area of the up channel
consolidating in a rectangle channel (a bullish pattern) but doesn't look that strong, as it had already dipped out of it, and back...
USDT.D is forming a potential head and shoulders pattern which is a bearish pattern. If price manages to break the 3.1% support and no rejection is seen on the daily demand, we would expect it at 3.01% and 2.92% respectively.
After breaking the downtrend, USDT.D broke the S/R flip at 3.2% as it is moving opposite to BTC. If USDT.D fails to break the level again and trade below it, we would expect it to reach 3.3% first and 3.38% second.
USDT.D broke the resistance line as it failed to close below the support at 3.1%. Currently, it is being rejected from the S/R flip at 3.2%. If it manages to break through it we would see USDT.D ranging between 3.2% and 3.38%, however if it breaks through the support st 3.1% then we would expect it at 3.01%.
USDT.D broke the support at 3.2% after struggling a bit and is still moving downwards respecting the resistance line. It is close to the support at 3.1% and if broken we could expect it to reach the 2h demand zone overall.
USDT.D ranging perfectly between the support at 3.2% at the resistance at 3.38% (both levels were mentioned previously). USDT.D was moving in a downtrend but currently broke the resistance line after getting rejected from this support area again. If is trades over EMA ribbon again we would expect it to reach 3.38%. We are still waiting for a breakout from either level.
After bouncing up from the S/R flip, USDT.D failed to hold above 3.35% and this level is now working as resistance. If it successfully breaks through this level again, we will see it at the resistance at 3.49%, however a break through the S/R flip would mean USDT.D will be reaching 3.1%. Future moves will be affected by BTC's behavior.
"Losing is the part of the game."
- said the loser and kept losing.
Are you a loser?
Or do you open your mind?
Losers lose because they BELIEVE in their loss.
They refuse to comprehend reality.
In reality, you can't learn from failures.
A loss is a loss.
In truth, you can learn only from successes.
But what if you only lost so far?
USDT.D broke the S/R flip after ranging between 3.22% and 3.35%. It is currently testing it again before moving back down reaching 3.1%. As long as BTC is moving upwards USDT.D will keep moving downwards.