USDT dominance on verge of breaking down!!
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Let's analyze USDT dominance :
USDT dominance (USDT.D) recently failed to break below its support level of 3.83%. This failure led to a surge in USDT.D, pushing it up to the 4.28% level. However, it encountered resistance at 4.28% and was subsequently rejected, returning to the 3.83% support level.
A sustained break below this 3.83% support level, confirmed by a daily close below it, could potentially trigger a significant upward movement for Bitcoin (BTC), possibly leading to a price target of $120,000.
Support Levels:
3.82%
Resistance Level:
4.28%
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze USDT dominance :
USDT dominance (USDT.D) recently failed to break below its support level of 3.83%. This failure led to a surge in USDT.D, pushing it up to the 4.28% level. However, it encountered resistance at 4.28% and was subsequently rejected, returning to the 3.83% support level.
A sustained break below this 3.83% support level, confirmed by a daily close below it, could potentially trigger a significant upward movement for Bitcoin (BTC), possibly leading to a price target of $120,000.
Support Levels:
3.82%
Resistance Level:
4.28%
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
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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.
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.