USDT Dominance showing possible continuation for BTC for now
USDT.D closing a monthly candle at 3,95% shows that Bitcoin could go to higher prices, broking an ascending broadening wedge that is forming since 2017 and could lead the dominance to reach the all time history point of control with confluence of 0,786% fibonacci between 2,56% and 2%. If the dominance reach theses levels it will probably be at the same time as bitcoin would be forming the cycle top.
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.