USDT.D ANALYS
The daily chart of Tether dominance indicates that it has been moving within a long-term descending channel. Recently, it has broken above the mid-line of the channel and is now attempting to reach the upper boundary. It is expected to touch the 5.3% level, after which further analysis will be required to determine whether it will break above the channel's resistance or retrace toward the lower boundary. A move toward the lower boundary could serve as a strong signal for the beginning of an alt-season.
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.
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.