Hello, community members welcome to this USDT.D 2hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see in the above-mentioned chart that USDT DOMINANCE was trading inside the triangle pattern and broke below retested and moved down almost 4% from the lower trend line.
In the current scenario, USDT DOMINANCE is trading 2% below the lower trend line.
Here I am expecting a bounce towards the lower trend line a retest and then rejection which will be the best entry for USDT pair altcoins.
INVALIDATION: candle close above the upper trend line support in the 2hr time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.