USDT.D Retesting Previous Support as New Resistance
USDT.D Bullish Divergence and Double Bottom Signal a Trendline Retest
USDT dominance (
USDT.D) has formed a bullish divergence on the 4-hour chart, along with a double bottom pattern.
These signals suggest that USDT.D is gearing up to retest the trendline. Meanwhile, Bitcoin and altcoins are likely to undergo a retracement, offering another healthy opportunity to enter long positions.
This setup indicates potential strength in USDT.D, which may lead to a temporary pullback in the broader crypto market before resuming the uptrend.
USDT dominance (
USDT.D) has formed a bullish divergence on the 4-hour chart, along with a double bottom pattern.These signals suggest that USDT.D is gearing up to retest the trendline. Meanwhile, Bitcoin and altcoins are likely to undergo a retracement, offering another healthy opportunity to enter long positions.
This setup indicates potential strength in USDT.D, which may lead to a temporary pullback in the broader crypto market before resuming the uptrend.
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