USDT.D BREAKING DOWN! READY TO FALL....
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. USDT.D looks bearish here. It means BTC and Alts can pump well.
USDT DOminace breaks down from a symmetrical triangle in 2hr time frame and a retest is also done. According to the pattern, it can go to 4.02 level which means BTC can go to 47k-
48K
It also breaks below 200ma which is a bearish sign. So I'm expecting a bullish rally in the market this week.
Invalidation level:- If USDT Dominance again breaks above 200ma and enters into the triangle then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this USDT Dominance update. USDT.D looks bearish here. It means BTC and Alts can pump well.
USDT DOminace breaks down from a symmetrical triangle in 2hr time frame and a retest is also done. According to the pattern, it can go to 4.02 level which means BTC can go to 47k-
48KIt also breaks below 200ma which is a bearish sign. So I'm expecting a bullish rally in the market this week.
Invalidation level:- If USDT Dominance again breaks above 200ma and enters into the triangle then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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.