Tether Dominance Aims Down At 7.12% (10% Drop)

30 בנוב׳ 2022

Yesterday Tether Dominance (USDT.D) closed below EMA10 and today we have a full bearish candle.

The drop is about to speed up.

We see EMA50 as the next support line at 7.94%, but looking back this line is always pierced and MA200 has been the main support.

MA200 is sitting at 7.12%, this is where we think stands the first/main support.

As Tether Dominance goes down, Bitcoin goes up.

We can see at least 1 week bearish, 7 days, to start...
As this move develop, we can gain more data and figure out for how much longer this correction will go.

Namaste.