Tether dominance chart breaking its trend diagonal support line, indicating a sell off of USDT (buys flowing into the market) BTC dominance pulling up and the total market 3 dominance chat (altcoin market) breaking down. Indication that Bitcoin is primed for break out up with a neutral or reversal down in altcoins.
USDT Dominance is currently at a level of strong longer term trend SUPPORT (i.e. market resistance level). Red circles represent contact with the current trend support which signals the selling of USDT (i.e. buys in the crypto market), with a current double bottom shown. Green circles represent the current trend resistance hits and USDT sell-offs (crypto...