Tether's Dominance Analysis (1D)
Updated
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
One of the indexes that helps our risk management is Tether Dominance.
As you can see, this index can go up to the yellow circle and then it will not be rejected.
For risk management, until Tether's dominance reaches the yellow circle, we enter the symbols we analyzed with small volumes or we do not enter.
When this index reaches the range of the yellow circle, we will look for buy/long positions on Bitcoin and some altcoins.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
One of the indexes that helps our risk management is Tether Dominance.
As you can see, this index can go up to the yellow circle and then it will not be rejected.
For risk management, until Tether's dominance reaches the yellow circle, we enter the symbols we analyzed with small volumes or we do not enter.
When this index reaches the range of the yellow circle, we will look for buy/long positions on Bitcoin and some altcoins.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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According to the previous analysis, it was pumped and caused the market to turn red.
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