Understanding the Downturn: What's Happening with USDT Dominance

2023年11月16日

- USDT.D's current trend reflects weakening dominance in the market.
- The breakdown signals potential changes in market sentiment.
- Loss of support at MA 100 suggests a long-term bearish outlook.
- The retest below horizontal support is a critical phase to monitor.
- Future market trends may be influenced by USDT.D's movement.
- The inverse relationship with crypto markets can impact altcoin performance.
- Traders might use USDT.D's movement to gauge risk in the crypto space.
- A continued bearish trend could signal a shift towards other cryptocurrencies.

Yours!

2023年11月18日

注释

Heading in the right direction

2024年2月20日

注释

Exactly as i predicted. Dominance is at dumped