Sök
Products
Community
Markets
News
Brokers
More
SV
Kom igång
Community
/
Idéer
/
USDT DOMINANCE: DO NOT SKIP THIS UPDATE!
Market Cap USDT Dominance, %
USDT DOMINANCE: DO NOT SKIP THIS UPDATE!
By Dexter_The_Trader
Följ
Följ
17 juli
1
6
Heja
Heja
4
4
17 juli
The USDT Dominance indicates something important; if you are a trader, you must look at this.
In this 12-hour chart, the USDT.D has been in a downtrend since early July. It has yet to test the support level ranging between 4.58% to 4.64%.
If the dominance reaches down to the support level, we are likely to see BTC hitting 70k and a decent rally in altcoins.
Here's the scary part: if the USDT.D rebounds from anywhere close to the support level, be prepared for a heavy crash.
I am hoping for a further breakdown rather than a rebound, but time will tell. For now, let's aim for a continuous downtrend toward 4.58%.
I hope this helps. Not financial advice.
Trade safely.
Team Dexter.
#USDT #BTC #Crypto
Chart Patterns
dominance
Technical Indicators
Trend Analysis
usdt
usdtdominance
Dexter_The_Trader
Följ
Följ
t.me/DexterLembard
t.me/DexterLembard
t.me/DexterLembard
t.me/DexterLembard
Related publications
Can you spot the difference?
av Dexter_The_Trader
BTC: Gearing up for $65k
av Dexter_The_Trader
GROK: Holding potential for a decent rally
av Dexter_The_Trader
Frånsägelse av ansvar
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i
Användarvillkoren
.