#USDT Dominance is at resistance...But Don't buy now...

7 thg 4, 2022

Welcome to this short update on USDT Dominance.

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Let's get to the chart!
USDT Dominance broke below the Ascending triangular pattern.
The current PA looks like a retest to me.
A rejection is likely around the 4.34% level.
Also hitting the upper BB line.
Rejection around the 4.34% level will be the best time to load ALTS on spot IMO.

Invalidation:-
Any break and close inside the channel will invalidate this chart.
To be precise, closing above and maintaining the 4.34%+ level would ruin this rally.

Let me know what you think in the comment section.

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Thank you

#PEACE

7 thg 4, 2022

Giao dịch đang hoạt động

NOTE:- I am not an expert in Elliot, I just tried it out...
I could be wrong and would love to learn from you.
So do your own research before taking any trade based on my charts.

Thank you

7 thg 4, 2022

Ghi chú

Two possible scenarios in the short term have been shown in this chart.
Pay attention if you are scalping...

13 thg 4, 2022

Ghi chú

It broke above the 4.40% level and unfortunately this chart is invalidated.