#USDT.DOMINANCE 4HOUR UPDATE BY SANDERS!
Hello, welcome to this USDT.D 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that USDT.D is moving inside the channel pattern on a support line.
Here I am expecting that USDT.D can bounce from the current level and can move upside towards the upper trend line resistance in which the ALT coins will bleed hard
After a bullish move, it can reject from the 5.15% mark which will be great for bull traders to get into a long position.
In other scenarios, USDT.D can go down from this level also after a break to the current support line which will also the zone to go long for bull traders.
IMO, we should wait for the candle close which will be the confirmation that which side we should move.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that USDT.D is moving inside the channel pattern on a support line.
Here I am expecting that USDT.D can bounce from the current level and can move upside towards the upper trend line resistance in which the ALT coins will bleed hard
After a bullish move, it can reject from the 5.15% mark which will be great for bull traders to get into a long position.
In other scenarios, USDT.D can go down from this level also after a break to the current support line which will also the zone to go long for bull traders.
IMO, we should wait for the candle close which will be the confirmation that which side we should move.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
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