USDT Dominance Update
Hello Traders,
Quick update on USDT Dominance over a 2-day period.
USDT Dominance broke below the previous support (6.45%), now acting as resistance. This breakdown spurred the crypto market to rally higher. There's a possibility it could dip further to 5.8%, a strong support level. However, before that, I anticipate USDT.D might attempt to break the resistance at 6.45%. If unsuccessful, a rejection is likely.
Note: The crypto market hasn't signaled a correction yet, so trade cautiously. The trend is bullish, offering profit potential. To safeguard your earnings, always use a Stop Loss. NEVER TRADE WITHOUT IT.
Hope this update proves helpful. Please like, share, and follow for more.
Best regards,
Team Dexter.
Quick update on USDT Dominance over a 2-day period.
USDT Dominance broke below the previous support (6.45%), now acting as resistance. This breakdown spurred the crypto market to rally higher. There's a possibility it could dip further to 5.8%, a strong support level. However, before that, I anticipate USDT.D might attempt to break the resistance at 6.45%. If unsuccessful, a rejection is likely.
Note: The crypto market hasn't signaled a correction yet, so trade cautiously. The trend is bullish, offering profit potential. To safeguard your earnings, always use a Stop Loss. NEVER TRADE WITHOUT IT.
Hope this update proves helpful. Please like, share, and follow for more.
Best regards,
Team Dexter.
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Publications connexes
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.