- bottoming formation on USDT d. that has been forming for more than 100 days
- with a break out of this structure now confirmed it is very likely usdt dominance trades higher which of course implies downside for bitcoin & altcoins
- with a break out of this structure now confirmed it is very likely usdt dominance trades higher which of course implies downside for bitcoin & altcoins
Note
Severe weakness present, looking like it is going to be a failed breakout.
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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.