CRYPTOMOJO_TA

#DOMINANCE AT DO OR DIE CONDITION!

Kort
CRYPTOMOJO_TA Uppdaterad   
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
DAILY TIME-FRAME UPDATE FOR #DOMINANCE

As shown in the graphic, dominance is creating two patterns, one of which is a rising channel pattern and the other a symmetrical triangular pattern.

Dominance is up against the 300D strong resistance, so ideally we can anticipate a rejection from here. However, if dominance breaks this level, it will rebound to the channel's upper level, or about 8.77%.

We have support from 8% to 7.80% and 7.50%.

Disclaimer: This analysis is not financial advice. Trading cryptocurrencies involves risk, and past performance is not indicative of future results. Always conduct your research and consult with a professional advisor before making investment decisions.

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Kommentera:
#DOMINANCE appears to be good
A bearish diversion move is being displayed by dominance.
Hopefully, there will be a rally on ALTS.
Kommentera:
Over the past 23 days, dominance has caused RSI to diverge in a bearish direction, but right now, RSI is breaking above the resistance, which isn't good.

Watch how the market responds!
Kommentera:
#dominance Keeping it simple, we need a daily candle close below this level.

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