USDT.D may keep going down. There are some bullish signals coming from RSI and MACD which may trigger a pull back and then maintain bearish trend. Based on Fibonacci analysis, it is showing a possible trend to 2.40, after possible pull back up to 3.08 resistance line.
Note
USDT.D hit 3.00 and now is descending again, according to the analysis, it is behaving as expected.Note
Pullback is evolving as described in the analysis. It is important to keep monitoring for reversal, which may confirm a continuation of the bullish trend.Note
Updated analysis below, on related ideas link.
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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.