USDT Dominance Looking Like a Dump Incoming
USDT looks like it is gettting primed for buying, if this crashes then naturally we should see quite a strong pump in BTC and the ALT market. The ascending broadening wedge is quite a bearish long term pattern although the key driver here is the ascending wedge and the bearish divergence on the RSI - a drop below 7.26% will confirm this.
USDT looks like it is gettting primed for buying, if this crashes then naturally we should see quite a strong pump in BTC and the ALT market. The ascending broadening wedge is quite a bearish long term pattern although the key driver here is the ascending wedge and the bearish divergence on the RSI - a drop below 7.26% will confirm this.
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Related publications
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.