USDT DOMINANCE: HOLDING THE SUPPORT.
Hello traders, I hope you guys are keeping up well with your health and doing some good trades.
Lately, I have been undergoing an eye treatment due to which I was inactive with my trades and updates. I thank all my well-wishers who DM me, it meant a lot to me.
Anyways, now I am all good and back in action. So, here's a quick update on USDT Dominance in a higher timeframe.
Timeframe: 2 Days.
Recap: In my previous 4 hours update, we expected a bounce towards 7% in the dominance but 6.45% was the highest it went.
Update: In this 2-day TF, the USDT.D is at the 6% support level. We can either expect a bounce back from this level or we may see the USDT.D reaching down to support 2 at 4.8% to 3%.
RSI: The RSI is making a hidden bullish divergence which is quite interesting to see.
Conclusion: Things are pretty tight and trading in this kind of situation is quite risky. Please note that this chart is in a higher TF so shorter TF scalping is better caused the market will be volatile.
I hope this update was helpful for you.
Happy trading.
Lately, I have been undergoing an eye treatment due to which I was inactive with my trades and updates. I thank all my well-wishers who DM me, it meant a lot to me.
Anyways, now I am all good and back in action. So, here's a quick update on USDT Dominance in a higher timeframe.
Timeframe: 2 Days.
Recap: In my previous 4 hours update, we expected a bounce towards 7% in the dominance but 6.45% was the highest it went.
Update: In this 2-day TF, the USDT.D is at the 6% support level. We can either expect a bounce back from this level or we may see the USDT.D reaching down to support 2 at 4.8% to 3%.
RSI: The RSI is making a hidden bullish divergence which is quite interesting to see.
Conclusion: Things are pretty tight and trading in this kind of situation is quite risky. Please note that this chart is in a higher TF so shorter TF scalping is better caused the market will be volatile.
I hope this update was helpful for you.
Happy trading.
coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.