We see Tether Dominance (USDT.D) declining slowly since 18-June... But, is it over?
Not likely.
The downtrend is only getting started and the chart signals and indicators continue pointing to lower prices.
USDT.D just hit a support level recently around ~7.10%.
After a small bounce, we are likely to test EMA300/MA200 at 6.66% - 6.75%.
Followed by 5.70% as the final target short-term.
Conditions for change
If USDT.D moves and closes above 7.56% the short-term bullish bias is compromised but not all is lost.
It needs time to develop.
Namaste.
Not likely.
The downtrend is only getting started and the chart signals and indicators continue pointing to lower prices.
USDT.D just hit a support level recently around ~7.10%.
After a small bounce, we are likely to test EMA300/MA200 at 6.66% - 6.75%.
Followed by 5.70% as the final target short-term.
Conditions for change
If USDT.D moves and closes above 7.56% the short-term bullish bias is compromised but not all is lost.
It needs time to develop.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
🎯 LIFETIME Results: t.me/anandatrades/1183
Penerbitan berkaitan
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.