Market Cap USDT Dominance, %Updated USDT Dominance Nears Critical Point: Impulse Completion or Final
https://www.tradingview.com/x/EQ15zxU2/
The movement ofUSDT.D starting from December 30th appears to resemble an impulsive wave structure. Currently, the dominance of USDT is at a critical juncture, where:
Scenario 1: The impulsive wave may have already completed, which could lead to a correction phase for
BTCUSDT 
ETHUSD and 
OTHERS .
Scenario 2: The impulse is still in the process of completing, and we may witness one last push before a correction sets in.
In either scenario, a correction seems imminent in the near future.
The movement of
USDT.D starting from December 30th appears to resemble an impulsive wave structure. Currently, the dominance of USDT is at a critical juncture, where:Scenario 1: The impulsive wave may have already completed, which could lead to a correction phase for
BTCUSDT ETHUSD and OTHERS .Scenario 2: The impulse is still in the process of completing, and we may witness one last push before a correction sets in.
In either scenario, a correction seems imminent in the near future.
Note
Trade closed: target reached
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🥷🏼 My Telegram
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🇺🇸 t.me/shakatrade1_618
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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.