Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
My previous USDT dominance chart has been invalidated. now USDT dominance got rejected from this 4.71% resistance level but we have 50 ma as local support let's surprise can break the ma or not.
First scenario: If USDT DOMINANCE breaks this local support with confirmation then we can expect a drop up to a 4.50% level.
Second scenario: If USDT dominance got bounced from the local support then we expect a high up to the upper resistance of this big triangle pattern.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
My previous USDT dominance chart has been invalidated. now USDT dominance got rejected from this 4.71% resistance level but we have 50 ma as local support let's surprise can break the ma or not.
First scenario: If USDT DOMINANCE breaks this local support with confirmation then we can expect a drop up to a 4.50% level.
Second scenario: If USDT dominance got bounced from the local support then we expect a high up to the upper resistance of this big triangle pattern.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section
Note
It is going as my second scenario it has closed the 4 hours candle downside the 50 ma.Note
BTC/USDT UPDATE 
Note
BTC has bounced as expected. but it still does not break the $39.5 - $40.5k level.It needs to break the level to remain bullish.
Let's wait and see how the 4-hour candle closes.
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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.
Register on Blofin and trade with me: bit.ly/Mojo1000
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Free TG Daily Futures Signals: bit.ly/CRYPTOMOJO_TA-TG
Related publications
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.