First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
In this analysis, we want to examine this index on lower timeframes. It has reached a support zone and a trendline.
Ideally, we should see a pullback from the green box toward the red box.
There is a high chance of price rejection from the red box to the downside, which could lead to a bullish move in the market.
Let’s see how the price reacts to the red box.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
In this analysis, we want to examine this index on lower timeframes. It has reached a support zone and a trendline.
Ideally, we should see a pullback from the green box toward the red box.
There is a high chance of price rejection from the red box to the downside, which could lead to a bullish move in the market.
Let’s see how the price reacts to the red box.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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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.
🔆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.