USDT DOMINANCE: A RALLY TOWARDS A NEW ALL TIME HIGH???
Once again welcome traders, to today's USDT Dominance update.
The USDT Dominance is moving as analyzed in my previous update. BTC and other altcoins dropped to the support zone and some went down below the support level. I personally had my entries in ETH, RUNE, and BTC and I am still holding it with close SL cause all my long positions are on spot.
The USDT.D has its resistance at 6.5%, 6.6%, and then 7.1%. If the USDT.D breaks the 6.6% resistance then 7.1% could be the last hope for the dominance to get rejected making a double top in a longer timeframe. If not then it is possible that we will witness another new all time high in the USDT dominance.
If you agree with this idea then do like and follow for more updates.
Thank you for your support.
The USDT Dominance is moving as analyzed in my previous update. BTC and other altcoins dropped to the support zone and some went down below the support level. I personally had my entries in ETH, RUNE, and BTC and I am still holding it with close SL cause all my long positions are on spot.
The USDT.D has its resistance at 6.5%, 6.6%, and then 7.1%. If the USDT.D breaks the 6.6% resistance then 7.1% could be the last hope for the dominance to get rejected making a double top in a longer timeframe. If not then it is possible that we will witness another new all time high in the USDT dominance.
If you agree with this idea then do like and follow for more updates.
Thank you for your support.
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