USDT.D BREAKING DOWN! READY TO FALL....
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Welcome to this USDT Dominance update. USDT.D looks bearish here. It means BTC and Alts can pump well.
USDT DOminace breaks down from a symmetrical triangle in 2hr time frame and a retest is also done. According to the pattern, it can go to 4.02 level which means BTC can go to $47k-$48k
It also breaks below 200ma which is a bearish sign. So I'm expecting a bullish rally in the market this week.
Invalidation level:- If USDT Dominance again breaks above 200ma and enters into the triangle then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this USDT Dominance update. USDT.D looks bearish here. It means BTC and Alts can pump well.
USDT DOminace breaks down from a symmetrical triangle in 2hr time frame and a retest is also done. According to the pattern, it can go to 4.02 level which means BTC can go to $47k-$48k
It also breaks below 200ma which is a bearish sign. So I'm expecting a bullish rally in the market this week.
Invalidation level:- If USDT Dominance again breaks above 200ma and enters into the triangle then this chart becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
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