⚡️TETHER/DOMINANCE 1HR UPDATE⚡️Hello, traders welcome you all to another chart update on USDT DOMINANCE.
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As our last USDT dominance update worked well and it broke above the falling channel and bounced 5.5% already from the break-out point.
In the current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print downfall.
As the majority of coins are already down by 15% - 20% gain above will lead to more red candles at ALTCOINS.
Rejection will bring relief to altcoins or a break above will lead USDT DOMINANCE towards the upper trend line resistance at the 6.7% level which will be unsatisfactory for altcoins.
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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.
Btcdomianance
⚡️ETH QUICK UPDATE⚡️Hello everyone welcome you all to this exclusive ETH 4hr chart update.
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Let’s look into the chart,
Nothing changed for ETH Still resting near the resistance level Bulls need to break and close above this resistance level for further bullish movement.
ETH is holding green support well and we can see a sideways market for a few more candles at this level and bounce to break above this channel.
As bulls are holding above the $1500 price level until ETH is able to keep above this level, chances are to gain above towards $1950.
IMO, we should wait for weekly close and monthly close, before close we can see some shake-off at current price levels but we need a close above local green support to climb above this channel pattern.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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.