Welcome to this short update on USDT Dominance.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
USDT Dominance is looking weak atm, trading inside a symmetrical triangle.
Break and close below this triangle will trigger a rally across the market.
For now, this initial rejection will result in the bounce in many altcoins and even BTC.
The chart shows the possibility of a retracement towards the 4.47% level which also happens to be the lower support trendlline.
Taking some positions into alts could be a good idea as the risk is low here and rewards better.
DYOR before taking any trades.
If you like this useful info, do hit the like button and share your views in the comment section.
Thank you
#PEACE
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
USDT Dominance is looking weak atm, trading inside a symmetrical triangle.
Break and close below this triangle will trigger a rally across the market.
For now, this initial rejection will result in the bounce in many altcoins and even BTC.
The chart shows the possibility of a retracement towards the 4.47% level which also happens to be the lower support trendlline.
Taking some positions into alts could be a good idea as the risk is low here and rewards better.
DYOR before taking any trades.
If you like this useful info, do hit the like button and share your views in the comment section.
Thank you
#PEACE
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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.