USDT DOMININCE 4HOUR UPDATE

Updated
Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.

I have tried my best to bring the best possible outcome in this chart.

My previous USDT dominance chart has been invalidated. now USDT dominance got rejected from this 4.71% resistance level but we have 50 ma as local support let's surprise can break the ma or not.

First scenario: If USDT DOMINANCE breaks this local support with confirmation then we can expect a drop up to a 4.50% level.

Second scenario: If USDT dominance got bounced from the local support then we expect a high up to the upper resistance of this big triangle pattern.


What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section
Note
It is going as my second scenario it has closed the 4 hours candle downside the 50 ma.
snapshot
Note
BTC/USDT UPDATE
BTC/USDT 2 HOUR ANALYSIS
Note
BTC has bounced as expected. but it still does not break the $39.5 - 40.5k level.
It needs to break the level to remain bullish.
Let's wait and see how the 4-hour candle closes.
snapshot
BTCUSDTbtcusdtlongBTCUSDTPERPChart PatternsTechnical IndicatorsTrend Analysisusdtdomiusdtdominanceusdtdominancebuyusdtdominaneusdtdominans

Register on Bingx and trade with me: bingx.com/en/invite/B63M4M/?ref=B63


Register on CoinW and trade with me: coinw.com/front/affiliate?agentKey=CryptoMOJO&lang=en_US


Free TG Daily Futures Signals: t.me/CRYPTOMOJO_TA
Also on:

Related publications

Disclaimer