Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As our last USDT dominance update worked well and it broke above the falling channel and bounced 5.5% already from the break-out point.
In the current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print downfall.
As the majority of coins are already down by 15% - 20% gain above will lead to more red candles at ALTCOINS.
Rejection will bring relief to altcoins or a break above will lead USDT DOMINANCE towards the upper trend line resistance at the 6.7% level which will be unsatisfactory for altcoins.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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 comment in the comment section if you find this analysis helpful.
As our last USDT dominance update worked well and it broke above the falling channel and bounced 5.5% already from the break-out point.
In the current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print downfall.
As the majority of coins are already down by 15% - 20% gain above will lead to more red candles at ALTCOINS.
Rejection will bring relief to altcoins or a break above will lead USDT DOMINANCE towards the upper trend line resistance at the 6.7% level which will be unsatisfactory for altcoins.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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.
