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📈 Tether Dominance Trading Below MA200 Favors The Bears
Market Cap USDT Dominance, %
Short
📈 Tether Dominance Trading Below MA200 Favors The Bears
By AlanSantana
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Jan 20, 2023
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Jan 20, 2023
This is a long-term chart for USDT.D (Tether Dominance)... Notice the black line, MA200.
Back in late December 2021, Tether Dominance moved above MA200, this signaled the beginning of a long upwards trend.
This also confirms MA200 as a long-term indicator.
Recently, 13-January-2023, Tether Dominance moved decidedly below MA200, signaling a long-term potential going lower.
As USDT.D goes lower, Bitcoin/Cryptocurrency goes higher.
If it goes lower long-term, crypto goes higher long-term.
Thank you for reading.
Namaste.
altcoins
Chart Patterns
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AlanSantana
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