Tether
Short

USDT/USD Hidden Bearish Divergence Deathcross Setup

USDT, the so-called stable coin, is now below the Bullish Control Zone on the RSI and is showing MACD Hidden Bearish Divergence on multiple Intraday Timeframes at this level after failing to take back the 55 and 89 EMAs. If this goes as any other chart normally would, I would expect it to go back down to the lows of the range, which in this case would take us down to around 94 cents, but I wouldn't be surprised if it went lower.
BTCbtcdominancecryptoTechnical IndicatorsstablecoinstotalmarketcapTrend AnalysisDJ FXCM IndexusdtusdtdominanceusdtmarketcapWave Analysis

Also on:

Disclaimer