#USDT Dominance Bearish! ALTCOIN Pump Incoming?

First of all this is the first time I am sharing a chart on USDT.D
I finally decided to share this strategy with you all:-

USDT Dominance is a good index to keep track of Altcoin trades.
It's inversely proportional to the growth in ALTCOINS and BTC in general.

If USDT.D Pumps it literally means all the money from BTC and ALTCOINS are moving into USDT which eventually leads to corrections in the market.
IMHO you must always use this indicator for trading altcoins for the short-mid or long-term trades.


Let's get to this Chart:-

In this chart, you can see USDT.D is broken down and had a pump to retest the bearish flag.
Which leads to some bleed in the market.
I am sharing this secret with you because you are a member of this beautiful Cryptorphic Family!
I want you to become a better trader and save yourself next time from getting rekt!!

Hope you liked it, if you did do hit that like button and share your views in the comment section!


Thank you

#PEACE

Dagangan aktif:

Based on the above USDT Chart, MANA could be a good trade here with less risk and high reward.

Dagangan aktif:

The chart is still on track. Every retest to the support turned resistance is an opportunity to scalp in Altcoins.