Usdt Dom & Where is the market going on?
Usdt Dom 1D chart;
First of all, we see that it is at the bottom level within the ascending channel.
If it closes below the level I indicated as +OB, the trend direction will change downwards.
However, since this has not happened yet, we cannot say that this chart will fall.
It is exactly this level that makes me think the most.
So what exactly am I waiting for?
If the day closes below +OB, a decline may come down to the white trend line at the bottom. This is exactly the 3.23% level. If this happens, I will not delay my purchases.
However, if it sticks to the trend channel it is in and an upward reaction comes from here, it is possible to rise up to the 6% level first.
Now you know exactly what this means.
First of all, we see that it is at the bottom level within the ascending channel.
If it closes below the level I indicated as +OB, the trend direction will change downwards.
However, since this has not happened yet, we cannot say that this chart will fall.
It is exactly this level that makes me think the most.
So what exactly am I waiting for?
If the day closes below +OB, a decline may come down to the white trend line at the bottom. This is exactly the 3.23% level. If this happens, I will not delay my purchases.
However, if it sticks to the trend channel it is in and an upward reaction comes from here, it is possible to rise up to the 6% level first.
Now you know exactly what this means.
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.