USDT DOMINANCE: RISING WEDGE.
Hello traders, let's read a quick update on USDT Dominance in 6 hours TF.
USDT.D has recently formed a rising wedge pattern and currently getting rejected from the resistance. If this resistance is good to be true then we may expect a drop toward 6.62% support level, nearly a 10% drop. This drop will be enough to bring some green rallies to the market.
Keeping a close eye on it. Let us see how it plays out till the daily close.
Trade safely.
USDT.D has recently formed a rising wedge pattern and currently getting rejected from the resistance. If this resistance is good to be true then we may expect a drop toward 6.62% support level, nearly a 10% drop. This drop will be enough to bring some green rallies to the market.
Keeping a close eye on it. Let us see how it plays out till the daily close.
Trade safely.
