USDT Dominance Update:
USDT.D is rejecting from resistance and holding above support. This is the same resistance level where USDT.D was previously rejected, which was followed by a new all-time high in BTC.
If dominance stays below 5.40%, we could see more upside in BTC and altcoins. A drop below 5.02% would be even more bullish for the market.
Regards,
Dexter.
USDT.D is rejecting from resistance and holding above support. This is the same resistance level where USDT.D was previously rejected, which was followed by a new all-time high in BTC.
If dominance stays below 5.40%, we could see more upside in BTC and altcoins. A drop below 5.02% would be even more bullish for the market.
Regards,
Dexter.
Trade active
USDT Dominance Update:
The weekly close is 21 hours away, and USDT.D is still holding above the 21 MA. For the market to rally further, USDT.D must break down below the 21 MA and the 5% support line.
Regards,
Dexter.
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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.