Tether's Dominance Aanalysis (4H)

Tether's Dominance, after creating a bullish CH and the BOS it had, climbed and ran into a fresh Order Block and has now reacted to it.

Inside this OB, we also have a QM Level that has increased the power of this supply area.

Also, a liquidity pool that I have shown in $$$ has been collected

According to the movement of Sharp (ifc) and the lack of trading liquidity, it is expected that the price will move towards the swap support area after settling down a bit.

As you know Tether Dominance moves inverse of BTCUSDT. This means that Bitcoin and some altcoins may go a little higher.

Note

First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .

As mentioned, the announcement was rejected from the red box to the green box

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