USDT Dominance Update
USDT.D is likely to drop 11% from its current level. On the daily timeframe, USDT.D has formed a bearish flag pattern and has already been rejected from the resistance trendline.
If USDT.D drops as expected, be ready for some greens in the market.
However, if dominance makes a pump, the resistance trendline could still hold the price.
Note: Trade with a proper stop-loss and use low leverage to stay on the safer side.
Make sure you do your own research and analysis before investing.
Trade safely.
Regards,
Team Dexter.
#USDT #Tether #cryptocurrency
USDT.D is likely to drop 11% from its current level. On the daily timeframe, USDT.D has formed a bearish flag pattern and has already been rejected from the resistance trendline.
If USDT.D drops as expected, be ready for some greens in the market.
However, if dominance makes a pump, the resistance trendline could still hold the price.
Note: Trade with a proper stop-loss and use low leverage to stay on the safer side.
Make sure you do your own research and analysis before investing.
Trade safely.
Regards,
Team Dexter.
#USDT #Tether #cryptocurrency
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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.
Related publications
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.