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Tether Dominance Multiple Timeframes
Market Cap USDT Dominance, %
Short
Tether Dominance Multiple Timeframes
By AlanSantana
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Jun 12, 2022
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Jun 12, 2022
First, this is the daily chart and look at the candle... It is yet to close though but it is bearish (lower high after ATH):
Notice that the 6.66% resistance couldn't be taken out.
The 4H timeframe gives it away for sure...
We can see a clear peak/top pattern/candlestick:
We looked at the weekly timeframe before.
It is giving out bearish signals long-term.
We say Tether Dominance (USDT.D) goes much, much lower while Bitcoin + Altcoins move higher.
Namaste.
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