AlanSantana

📈 Tether Dominance Points Lower

Short
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
USDT.D bounced from 2-Feb. to 14-Feb. finding resistance at EMA50 and producing a lower high.

EMA50 has been confirmed as resistance and this lower high will now lead to a lower low.

USDT.D is set to drop based on this MA analysis.

Also, the RSI is below 50 which is bearish.
The MACD below zero while printing a bearish cross.

These additional signals support a lower low.

As USDT.D goes down, Bitcoin and in this case the Altcoins mainly will go up.

Remember that just as the big Altcoins take turns with the smaller Altcoins, Bitcoin takes turn with the market as a whole.

Namaste.

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