% USDT Dominance is giving us the bigger picture.
I have been trying to scalp trade crypto profitable since 2017. After looking at all the wrong places I concluded that TA in USDT Dom chart is the best way to go. Just keeping everything clean and understandable with Price Action in DOM chart you can see the big picture for the market, even on lower TF.
At 1H TF Dom will retest the 5.70% level leading to a market dump the following 10-12 days before it starts to drop and lead the bullish cycle mid/end of October.
At 1H TF Dom will retest the 5.70% level leading to a market dump the following 10-12 days before it starts to drop and lead the bullish cycle mid/end of October.
Note
Everything is going to plan as we reach the 5.70% resistance level. (Please excuse me for wrongfully adding the SHORT label to the DOM chart since it should go for the BTCUSDT chart. ) Note
Dom is following the path without resistance. There is a big possibility cause of the war news with Iran and Israel to reach 5.90% before starting to drop.
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