USDT.D UPDATE! READY TO FALL MORE, ALTS FLY!
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Welcome to this USDT Dominance update. First of all, if you didn't know USDT Dominance is the major indicator to check either Alts pump or dump. If USDT dominance is bearish then Alts (especially in USDT pair) pumps or if USDT dominance is bearish then Alts dumps.
Now let's get to the chart. According to the chart, USDT dominance broke down the symmetrical triangle, and a retest is also done. Now dominance is ready to fall.
The same scenario happened a few days back, that time when USDT dominance break down the triangle pattern it dumped almost 20%. So if this time we will see another 20% dump then Alts fly.
However, we have a major resistance level of 2.82 level. If any 4-hour candle closes above 2.82 then this chart will be invalidated.
Soon I'll share some good altcoins setup with you. Just keep supporting and do not forget to hit the like button if you like this idea.
Also, share your views in the comment section.
Thank You!
Welcome to this USDT Dominance update. First of all, if you didn't know USDT Dominance is the major indicator to check either Alts pump or dump. If USDT dominance is bearish then Alts (especially in USDT pair) pumps or if USDT dominance is bearish then Alts dumps.
Now let's get to the chart. According to the chart, USDT dominance broke down the symmetrical triangle, and a retest is also done. Now dominance is ready to fall.
The same scenario happened a few days back, that time when USDT dominance break down the triangle pattern it dumped almost 20%. So if this time we will see another 20% dump then Alts fly.
However, we have a major resistance level of 2.82 level. If any 4-hour candle closes above 2.82 then this chart will be invalidated.
Soon I'll share some good altcoins setup with you. Just keep supporting and do not forget to hit the like button if you like this idea.
Also, share your views in the comment section.
Thank You!
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