Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTC moved in the ascending channel. the price pattern looked like an ending channel and I waited for downside breakout.
Also we see a divergence between the price and MACD. that is another proof for expected downside movement.
the price of Bitcoin breaks the parallel channel and I think it is a good opportunity to short BTC.
I want to support the idea with USDT.D analysis.
USDT dominance shows us investors inclination to change their coins to USDT, and vice versa.
As you can see, USDT dominance breaks the descending channel upside and I expect for further rise.
this means people change their coins to USDT.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
BTC moved in the ascending channel. the price pattern looked like an ending channel and I waited for downside breakout.
Also we see a divergence between the price and MACD. that is another proof for expected downside movement.
the price of Bitcoin breaks the parallel channel and I think it is a good opportunity to short BTC.
I want to support the idea with USDT.D analysis.
As you can see, USDT dominance breaks the descending channel upside and I expect for further rise.
this means people change their coins to USDT.
