USDT DOMINANCE: REJECTION EXPECTED.
Hello traders, I hope you all are doing well.
Here's a quick update on the USDT dominance update in a daily timeframe. The USDT.D has reached the resistance level and now we can expect a rejection straight down toward 6%. We still have the 7.25% support level which might hold the dominance for some time. If the rejection happens then BTC and other altcoins will have room to rally.
The invalidation point will be the breakout above 7.8%
Trade safely, guys.
Here's a quick update on the USDT dominance update in a daily timeframe. The USDT.D has reached the resistance level and now we can expect a rejection straight down toward 6%. We still have the 7.25% support level which might hold the dominance for some time. If the rejection happens then BTC and other altcoins will have room to rally.
The invalidation point will be the breakout above 7.8%
Trade safely, guys.
