Hello . Today we have an analysis of USDT.D
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT.
Through my investigations, I found out that Dominance Tether is constantly in descending CHs and has recently formed a resistance OB. It can have up to two lower green areas.
I also specified the invalidation level, closing 1 daily candle above this level will violate the analysis.
Be careful, the fall of Dominance Tether may not cause the pump of some altcoins, so every position you open on any altcoin, examine the chart of that altcoin and pay attention to the details.
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT.
Through my investigations, I found out that Dominance Tether is constantly in descending CHs and has recently formed a resistance OB. It can have up to two lower green areas.
I also specified the invalidation level, closing 1 daily candle above this level will violate the analysis.
Be careful, the fall of Dominance Tether may not cause the pump of some altcoins, so every position you open on any altcoin, examine the chart of that altcoin and pay attention to the details.
Note
🔷 First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .It is rejecting from the red range. It moved to the tip of this range and cleared the area. We have updated demand (tp). Be careful when you reach the green box.
Trade closed: target reached
🔷 First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .The move was made and Bitcoin was pumped
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.