Hello, traders welcome you all to another chart update on USDT DOMINANCE.
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As our last USDT dominance update worked well and it broke above the falling channel and bounced 5.5% already from the break-out point.
In the current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print downfall.
As the majority of coins are already down by 15% - 20% gain above will lead to more red candles at ALTCOINS.
Rejection will bring relief to altcoins or a break above will lead USDT DOMINANCE towards the upper trend line resistance at the 6.7% level which will be unsatisfactory for altcoins.
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This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
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Thank you.