Hello, traders welcome you all to another USDT DOMINANCE update,
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
in this chart, it’s evident that USDT DOMINANCE broke below the triangle pattern and meltdown by 6.72% to the support zone.
In the current scenario, USDT DOMINANCE bounced from the support Zone and moved upside.
A short-term bounce is likely in the upcoming hours to retest the bottom of this triangle pattern to melt down towards 6.12% which will bring consecutive green candles in USDT pair ALT coins.
MACD also prints a bullish cross which comes out as bearish mode in ALT coins.
Break above the triangle or candle close above the lower trend line resistance will be the invalidation point for this chart analysis.
Let’s see how it prints the upcoming candles.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
in this chart, it’s evident that USDT DOMINANCE broke below the triangle pattern and meltdown by 6.72% to the support zone.
In the current scenario, USDT DOMINANCE bounced from the support Zone and moved upside.
A short-term bounce is likely in the upcoming hours to retest the bottom of this triangle pattern to melt down towards 6.12% which will bring consecutive green candles in USDT pair ALT coins.
MACD also prints a bullish cross which comes out as bearish mode in ALT coins.
Break above the triangle or candle close above the lower trend line resistance will be the invalidation point for this chart analysis.
Let’s see how it prints the upcoming candles.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
