USDT.D AT LOCAL RESISTANCE
Updated
Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follow and comments in the comment section if you find this analysis helpful.
As we saw how dominance bounced from the lower trend support at 7.27% and rallied almost 5%.
In the current frame, usdt dominance is facing a resistance trend line which could be the rejection point, for now, a break above will lead it to rally toward the 7.80% level.
MACD printing a bearish crossover which could be the signal of some drop.
Let’s see how this chart pays out in the upcoming hours.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
Do your research before making any trades.
Thank you.
If you are reading my update for the first time hit the like button follow and comments in the comment section if you find this analysis helpful.
As we saw how dominance bounced from the lower trend support at 7.27% and rallied almost 5%.
In the current frame, usdt dominance is facing a resistance trend line which could be the rejection point, for now, a break above will lead it to rally toward the 7.80% level.
MACD printing a bearish crossover which could be the signal of some drop.
Let’s see how this chart pays out in the upcoming hours.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
Do your research before making any trades.
Thank you.
Note
Our last chart played well, according to the current scenario upcoming move could be like this.
Thank you.
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