Hello traders, a quick daily update on USDT dominance.
The USDT.D has outrageously rallied in the last couple of weeks. From a fakedown all the way up to the breakout was no less than a horror movie. Currently, the USDT.D is making another rally toward the resistance. If by any means, the USDT.D breaks beyond the resistance zone then there will be chaos in the market. I really wish that USDT.D gets rejected right from the resistance level and then gives room for BTC and other altcoins to grow. The daily close is just a few hours away. So, let's see where the USDT dominance will head next.
Trade safely, guys.