Dexter_The_Trader

USDT DOMINANCE: I AM STILL STICKING WITH THE PLAN.

שורט
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
Hello traders, I hope your weekend is going well. Here's a quick update on USDT dominance.

Timeframe: 1 Day.

Recap: In my previous update, I mentioned the H&S pattern in USDT.D. It was going all good but the FED news happened.

Update: The USDT.D showed an 11% spike after the FED news, technically dropping the entire market. Yet, it hasn't managed to break through the resistance level of 7.15% which makes this chart still valid. Things will possibly go negative if the USDT.D breaks out and closes above the 7.15% resistance level. So, until and unless, the USDT.D stays below this level, the H&S pattern will remain valid. It may sound crazy but I am sticking with my plan.

Key level: 7.15% resistance level.

What do you think about the USDT Dominance current move?

Do let me know in the comments.

Trade safe.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.