This is USDT.D, a reverse indication to how BTC will perform based on money flow concepts. It looks like USDT.D is starting to form a bullish harmonic pattern and if it does and plays out, BTC will dump. Now only that, the PRZ (potential reversal zone) on the harmonic pattern has weight being based on both yearly VWAP as well as a trend line that is based on Fib levels. Therefore, I am looking for quick short scalps today as I believe a retrace is coming.

Analysis can always be wrong based on these, so no matter what or how much you trust me, trade safely and have back up plans! nate Alert
btctechnicalanalysisbtcupdatebtcusdanalysisChart PatternsdailyanalysisHarmonic PatternsscalpingshortsetupTrend Analysisusdtdominance

Penafian