USDT DOMINANCE AT THE RESISTANCE!!!
PERFECT!!! PERFECT!!! PERFECT!!!
Welcome to this USDT Dominance update in 2 days timeframe. If you haven't checked out my previous USDT dominance update then don't worry, I have all covered for you. I have attached the link below so you can go through it.
Well, the USDT dominance perfectly followed the rally towards 5%, and currently, it is at 4.85%. This rally dumped the entire market and guess what, for those of you who followed my ideas knew from before about the current market scenario. Ok, so, what's next? The USDT dominance has not shown any sign of a bearish move here except the RSI. I know I have been talking about RSI a lot but this is something that I can't avoid. The USDT.D is green and pumping but the RSI volume is decreasing and this is completely opposite with Bitcoin.
We may see a spike in USDT.D but ultimately it is going to fall which means BTC and other altcoins will rally. I am expecting a drop soon on the USDT dominance. We will see how high it will go.
Do you view the USDT dominance the way I am viewing it?
Share your ideas in the comments.
Like and follow for more updates.
Thank you.
Welcome to this USDT Dominance update in 2 days timeframe. If you haven't checked out my previous USDT dominance update then don't worry, I have all covered for you. I have attached the link below so you can go through it.
Well, the USDT dominance perfectly followed the rally towards 5%, and currently, it is at 4.85%. This rally dumped the entire market and guess what, for those of you who followed my ideas knew from before about the current market scenario. Ok, so, what's next? The USDT dominance has not shown any sign of a bearish move here except the RSI. I know I have been talking about RSI a lot but this is something that I can't avoid. The USDT.D is green and pumping but the RSI volume is decreasing and this is completely opposite with Bitcoin.
We may see a spike in USDT.D but ultimately it is going to fall which means BTC and other altcoins will rally. I am expecting a drop soon on the USDT dominance. We will see how high it will go.
Do you view the USDT dominance the way I am viewing it?
Share your ideas in the comments.
Like and follow for more updates.
Thank you.
What more can I say?
The USDT dominance got rejected exactly from the trendline drawn in the chart.