USDT.D Important update - Oct 14 2024
In the previous analysis we were expecting #USDT dominance to reach 5.99% level and above. But after hitting 5.92% level, it has been dropping.
Crucial moments are drawing near as 5.21% - 5.31% support zone is indeed the decisive zone for the entire market.
A daily close below the mentioned zone shall result in a heavy pump in the market. (given the fact that it means the long term ascending trendline (yellow) gets broken in that case.)
If the support zone stops USDT.D from further drop, BTC and the market shall dump again.
Crucial moments are drawing near as 5.21% - 5.31% support zone is indeed the decisive zone for the entire market.
A daily close below the mentioned zone shall result in a heavy pump in the market. (given the fact that it means the long term ascending trendline (yellow) gets broken in that case.)
If the support zone stops USDT.D from further drop, BTC and the market shall dump again.
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