Major drop about to begin for USDT Dominance
Updated
USDT.D is forming a prominent bearish pattern, the Inverted Cup and Handle, which has been confirmed and is now awaiting a decisive price movement through the neckline of the cup.
Current expectations suggest an initial rejection upon the first test of the neckline, followed by a retracement to the highlighted area on the chart before a major breakout occurs.
This bearish continuation scenario further reinforces the ongoing bullish momentum in the broader market.
Current expectations suggest an initial rejection upon the first test of the neckline, followed by a retracement to the highlighted area on the chart before a major breakout occurs.
This bearish continuation scenario further reinforces the ongoing bullish momentum in the broader market.
Trade active
We are currently observing a bearish flag formation, with the target for this setup expected to break below the critical neckline support level.
Note
Note
Still in progress
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
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.