TETHER/DOMINANCE 1HR CHART UPDATE BY Domino Crypto!!
Hello, community members welcome to this USDT.D 1hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see from the above mentioned it is evident that USDT.D is currently trading inside the falling channel pattern and facing the resistance of green MA.
Now as we can see that whenever USDT.D faces the green MA as resistance USDT.D moves downside.
According to the past price action, I‘m expecting a rejection from the green MA and a breakdown of this channel pattern, which will indicate upcoming green candles in USDT PAIR ALT coins.
Here we should wait for the right time, candle close below the lower trend line to get into long positions in different ALTCOINS.
INVALIDATION: candle close above the upper trend line support in the hourly time frame will be the invalidation point of this chart analysis.
NOTE: 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.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see from the above mentioned it is evident that USDT.D is currently trading inside the falling channel pattern and facing the resistance of green MA.
Now as we can see that whenever USDT.D faces the green MA as resistance USDT.D moves downside.
According to the past price action, I‘m expecting a rejection from the green MA and a breakdown of this channel pattern, which will indicate upcoming green candles in USDT PAIR ALT coins.
Here we should wait for the right time, candle close below the lower trend line to get into long positions in different ALTCOINS.
INVALIDATION: candle close above the upper trend line support in the hourly time frame will be the invalidation point of this chart analysis.
NOTE: 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.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
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