I was looking at USDT dominance (1D time-frame), and just found interesting signals 🌞
1. USDT.D has broken the green bullish trend-line and now is on a bearish move.
2. It is being rejected after it has reached the red trend-line as a dynamic resistance area .
3. The static resistance above is a strong long-term resistance area that is rejecting the USDT.D
What I personally conclude from these 3 signals, is that there is a high possibility that USDT.D will start a strong down-trend. And as the Bitcoin is on a strong support area as well, it can help the Bitcoin PUMP!
Feel free to let me know about your ideas or any questions you got in comment section.
1. USDT.D has broken the green bullish trend-line and now is on a bearish move.
2. It is being rejected after it has reached the red trend-line as a dynamic resistance area .
3. The static resistance above is a strong long-term resistance area that is rejecting the USDT.D
What I personally conclude from these 3 signals, is that there is a high possibility that USDT.D will start a strong down-trend. And as the Bitcoin is on a strong support area as well, it can help the Bitcoin PUMP!
Feel free to let me know about your ideas or any questions you got in comment section.
Nota
Time is running our for USDT. 12H.The bulls are getting weaker and weaker. When the yellow trend-line is broken, there is high chance for BTC to pump.
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This is another view in 1H time-frame
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Penerbitan berkaitan
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.