Welcome community members in this post, I’ll be going through with USDT.D 1DAY chart update.
As we can see at the above mentioned chart that USDT.D is trading inside the rising wedge pattern and got rejected from the upper trend line resistance.
As per the past price action it is evident that whenever USDT.D rejects from the upper trend line resistance and prints overbought in RSI level then USDT.D dumps almost 20% from the upper trend line which results in pump in USDT pair ALT coins.
Candle close above the upper trend line resistance will be the invalidation point for this chart analysis.
Thank you.
As we can see at the above mentioned chart that USDT.D is trading inside the rising wedge pattern and got rejected from the upper trend line resistance.
As per the past price action it is evident that whenever USDT.D rejects from the upper trend line resistance and prints overbought in RSI level then USDT.D dumps almost 20% from the upper trend line which results in pump in USDT pair ALT coins.
Candle close above the upper trend line resistance will be the invalidation point for this chart analysis.
Thank you.
