USDT.D DOMINANCE CHART: CRUCIAL TIME FOR A BREAKDOWN OR BOUNCE

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Hello everyone,

Here is a quick update of USDT.D in shorter TF.

USDT.D seems to be trading inside this bearish triangle. A strong rejection from the upper resistance could be seen from the chart. Daily chart confirms the candle close below 200MA which has certainly triggered BTCUSDT to $65k.

Also, we have seen a pullback to $62k as a retest. Further retest could be if USDT.D tends to touch 200MA or a bounce from the support trend line. And if there is a further breakdown from this triangle, we could possibly witness a rally.

Happy Trading!!

Penafian

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