USDT.D ALSO INDICATES THAT BTC RALLY STARTS AFTER 28th MARCH!!
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Welcome to this USDT DOMINANCE analysis. First of all, I would tell you that if you follow me that you must read my previous BTC 2days analysis. According to that analysis, BTC breakout will occur on 28th March. If you haven't read that update then the link is given below.
Now, let's get to the chart.
According to the chart from the last three years USDT dominance flirting with the upper trendline of the channel. This accumulation going on for 30 days.
After this accumulation, we have seen a huge drop in USDT dominance which lead the bitcoin and altcoins to the upside.
So I'm expecting after 28th March a breakdown will occur in USDT dominance and a good pump in BTC and Alts.
As of now, try to accumulate some good altcoins on spot. I have shared many altcoins in recent days (Links given below) and also try to share some more.
Invalidation level:- If USDT Dominance breaks and closes above the upper trendline of the channel then this chart becomes invalid.
What do you think about this?
Do you think we might see soon breakdown in USDT Dominance and a breakout in BTC?
Or do you think that this time USDT Dominance breaks out and a bear market starts?
Share your views in the comment section.
If you like this idea then do show your support and hit the like button.
Thank You!
Welcome to this USDT DOMINANCE analysis. First of all, I would tell you that if you follow me that you must read my previous BTC 2days analysis. According to that analysis, BTC breakout will occur on 28th March. If you haven't read that update then the link is given below.
Now, let's get to the chart.
According to the chart from the last three years USDT dominance flirting with the upper trendline of the channel. This accumulation going on for 30 days.
After this accumulation, we have seen a huge drop in USDT dominance which lead the bitcoin and altcoins to the upside.
So I'm expecting after 28th March a breakdown will occur in USDT dominance and a good pump in BTC and Alts.
As of now, try to accumulate some good altcoins on spot. I have shared many altcoins in recent days (Links given below) and also try to share some more.
Invalidation level:- If USDT Dominance breaks and closes above the upper trendline of the channel then this chart becomes invalid.
What do you think about this?
Do you think we might see soon breakdown in USDT Dominance and a breakout in BTC?
Or do you think that this time USDT Dominance breaks out and a bear market starts?
Share your views in the comment section.
If you like this idea then do show your support and hit the like button.
Thank You!
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