USDT DOMINANCE FACING A SLIGHT RESISTANCE
Welcome folks to this new update on USDT dominance.
We saw some correction in the market which was much needed. The current scenario is paused as the USDT dominance is facing a slight resistance. The USDT dominance has already got rejected from the upper trendline at 5% and I am expecting a rejection from the current resistance level as well.
If the dominance manages to break out above the resistance level then be prepared for some more dump in the market. 3.77% is still a valid support level for USDT dominance. BTC will rally higher once the USDT dominance breaks down below 3.77%.
Keep an eye on the current. Let's expect a rejection here.
What do you guys think about the USDT dominance? Do you think it will fall or rise?
Share your views in the comments. I will be happy to know your ideas.
Do like and follow for more updates.
Thank you.
We saw some correction in the market which was much needed. The current scenario is paused as the USDT dominance is facing a slight resistance. The USDT dominance has already got rejected from the upper trendline at 5% and I am expecting a rejection from the current resistance level as well.
If the dominance manages to break out above the resistance level then be prepared for some more dump in the market. 3.77% is still a valid support level for USDT dominance. BTC will rally higher once the USDT dominance breaks down below 3.77%.
Keep an eye on the current. Let's expect a rejection here.
What do you guys think about the USDT dominance? Do you think it will fall or rise?
Share your views in the comments. I will be happy to know your ideas.
Do like and follow for more updates.
Thank you.
