Hi dear traders
According to the previous analysis you saw, the price reached the supply area and touched the 3050$.
There is now a resistance of 3000$ ahead.
For another upward move, we must wait for the complete breakout of this resistance and turn it into support.
BTC should also break 43K and turn into support to reach 45K, 46K.
market status :
I analyze the USDT DOMINANCE, as you can see the daily trend line is broken, I expect the price to pullback to the trend line up to 4.36% and then return to 4.10% support.
In this case, BTC and ETH first return to the support area and then one can expect a strong uptrend for the market and BTC, ETH.
This is not financial advice ( DYOR )
Good luck.
According to the previous analysis you saw, the price reached the supply area and touched the 3050$.
There is now a resistance of 3000$ ahead.
For another upward move, we must wait for the complete breakout of this resistance and turn it into support.
BTC should also break 43K and turn into support to reach 45K, 46K.
market status :
I analyze the USDT DOMINANCE, as you can see the daily trend line is broken, I expect the price to pullback to the trend line up to 4.36% and then return to 4.10% support.
In this case, BTC and ETH first return to the support area and then one can expect a strong uptrend for the market and BTC, ETH.
This is not financial advice ( DYOR )
Good luck.
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USDT DOMINANCE ANALYSIS
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