This massive trend line on USDT dominance coming all the way from 2018 has been a key metric for identifying major 
BTCUSD reversals into downtrends. Historically, when the 
USDT.D bounced on that trend line, we saw significant downtrends start to form.
The current level required byUSDT.D to hit the trend line is between 3.65% and 3.85%. Currently, we are at 4% and moving to target slowly.
Will this time be different and we break the trend?
BTCUSD reversals into downtrends. Historically, when the USDT.D bounced on that trend line, we saw significant downtrends start to form.The current level required by
USDT.D to hit the trend line is between 3.65% and 3.85%. Currently, we are at 4% and moving to target slowly.Will this time be different and we break the trend?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.