Understanding the Downturn: What's Happening with USDT Dominance
Updated
- USDT.D's current trend reflects weakening dominance in the market.
- The breakdown signals potential changes in market sentiment.
- Loss of support at MA 100 suggests a long-term bearish outlook.
- The retest below horizontal support is a critical phase to monitor.
- Future market trends may be influenced by USDT.D's movement.
- The inverse relationship with crypto markets can impact altcoin performance.
- Traders might use USDT.D's movement to gauge risk in the crypto space.
- A continued bearish trend could signal a shift towards other cryptocurrencies.
Yours!
- The breakdown signals potential changes in market sentiment.
- Loss of support at MA 100 suggests a long-term bearish outlook.
- The retest below horizontal support is a critical phase to monitor.
- Future market trends may be influenced by USDT.D's movement.
- The inverse relationship with crypto markets can impact altcoin performance.
- Traders might use USDT.D's movement to gauge risk in the crypto space.
- A continued bearish trend could signal a shift towards other cryptocurrencies.
Yours!
Note
Heading in the right directionNote
Exactly as i predicted. Dominance is at dumped
Enhance. Trade. Grow
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🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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