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Market Cap USDT Dominance, %
Short

Tether Dominance Weekly Turns Full Bearish

482
When looking at the weekly chart for USDT.D (Tether Dominance Index), we can notice a full red/bearish candle.

We have a rising channel also breaking bearish: snapshot

Together with a bearish harmonic pattern.

The RSI is pointing straight down: snapshot

One last signal is MA200, the black line on the chart.

We can see it rising and we know that prices tend to gravitate towards this line.

As MA200 trends up, USDT.D trends down.

Namaste.
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altcoinsBeyond Technical AnalysisChart PatternscryptoCryptocurrencyindextethertetherdominanceTrend Analysisusdtusdtd
MasterAnanda
🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350

🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499

🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Also on:

Related publications

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.