#TETHER/DOMINANCE AT LOCAL RESISTANCE!!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 follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned chart USDT DOMINANCE currently facing the resistance of red MA after a short bounce from the green support zone and it needs to reject from this level to meltdown towards the lower levels which will bring consecutive green candles in altcoins.
Break above will again turn altcoins into the red.
MACD also prints slightly light colors bar and about print a bullish crossover.
So, for now, be cautious with your long trades and keep your so tight.
Let’s see how it moves in the upcoming hours.
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If you have anything to ask relating to 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.
