Hello traders,
Here's a quick update on USDT Dominance in 4 hours timeframe.
The USDT.D dropped as expected. The dominance has been continuously getting rejected from the resistance trendline and then finally after the weekly close, it dropped making a long red candle. According to the T.A, the dominance can still drop up to the 5.7% level which could be a good area for BTC to reach the $32.2k resistance level.
What's your thought on this? Do let me know.
Like and follow for more.
Thank you.
Here's a quick update on USDT Dominance in 4 hours timeframe.
The USDT.D dropped as expected. The dominance has been continuously getting rejected from the resistance trendline and then finally after the weekly close, it dropped making a long red candle. According to the T.A, the dominance can still drop up to the 5.7% level which could be a good area for BTC to reach the $32.2k resistance level.
What's your thought on this? Do let me know.
Like and follow for more.
Thank you.
Nota
I am sorry guys. The Dominance didn't play out as expected. It jumped straight up out of nowhere breaking the resistance level. Things look pretty sick here.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.