All Eyes On USDT.D 👀

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

USDT.D has been bearish for the past 2 weeks. However, it is currently approaching support zone (7.9% - 8.1%)

For the bears to remain in control, we need a daily candle close below the 7.9%

In this case, further bearish movement would be expecting till the next support 7% and lower orange trendline. Thus further bullish movements would be expected for the crypto market.

Meanwhile, until the bears take over, the 7.9% is acting as support and hold the price upward.

If any bullish reversal setup is activated and/or if we break above the upper red trendline, then expect further bullish movement.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich