USDT.D is moving in a symmetrical triangle. Currently, it is rejecting from the resistance trendline. RSI is in the overbought region.
A rejection from this point could lead to further consolidation within the triangle pattern. Conversely, a strong breakout would serve as a bullish confirmation. It's important to note that it works inversely proportional to the crypto market.
A rejection from this point could lead to further consolidation within the triangle pattern. Conversely, a strong breakout would serve as a bullish confirmation. It's important to note that it works inversely proportional to the crypto market.
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.
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.