USDT dominance weekly RSI new record!
Updated
The weekly RSI on USDT chart has hit a new record!
We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind.
I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this chart I predicted moves in May and where it would bottom.
This chart is backing up my other trade at the moment check it out .
The chances are we will get a rally coming from this zone and this is a cycle bottom.
We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind.
I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this chart I predicted moves in May and where it would bottom.
This chart is backing up my other trade at the moment check it out .
The chances are we will get a rally coming from this zone and this is a cycle bottom.
Note
Sorry about the text labels , running ultrawide 5k monitor and there is no preview for publishing always comes out messed upNote
t.me/+8CRZJqXrjwU4ODA0 re-launched telegram group , it is free , just place to chillout talk about crypto bull market , will be posting trades live randomly
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.