VectorAlgo

Understanding the Downturn: What's Happening with USDT Dominance

Short
VectorAlgo Mis à jour   
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
- USDT.D's current trend reflects weakening dominance in the market.
- The breakdown signals potential changes in market sentiment.
- Loss of support at MA 100 suggests a long-term bearish outlook.
- The retest below horizontal support is a critical phase to monitor.
- Future market trends may be influenced by USDT.D's movement.
- The inverse relationship with crypto markets can impact altcoin performance.
- Traders might use USDT.D's movement to gauge risk in the crypto space.
- A continued bearish trend could signal a shift towards other cryptocurrencies.

Yours!
Commentaire:
Heading in the right direction
Commentaire:
Exactly as i predicted. Dominance is at dumped

Enhance. Trade. Grow

🖥 Website: www.vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo

Join for latest signals/updates/advice.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.