All Eyes On USDT.D 👀
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
USDT.D has been bearish for the past 2 weeks. However, it is currently approaching support zone (7.9% - 8.1%)
For the bears to remain in control, we need a daily candle close below the 7.9%
In this case, further bearish movement would be expecting till the next support 7% and lower orange trendline. Thus further bullish movements would be expected for the crypto market.
Meanwhile, until the bears take over, the 7.9% is acting as support and hold the price upward.
If any bullish reversal setup is activated and/or if we break above the upper red trendline, then expect further bullish movement.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDT.D has been bearish for the past 2 weeks. However, it is currently approaching support zone (7.9% - 8.1%)
For the bears to remain in control, we need a daily candle close below the 7.9%
In this case, further bearish movement would be expecting till the next support 7% and lower orange trendline. Thus further bullish movements would be expected for the crypto market.
Meanwhile, until the bears take over, the 7.9% is acting as support and hold the price upward.
If any bullish reversal setup is activated and/or if we break above the upper red trendline, then expect further bullish movement.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram:
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
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