#USDT Dominance falling and BTC pumping but for how long?

16 במרץ 2022

Welcome to this short update on the USDT Dominance update.
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Let's get to the chart!
USDT Dominance broke down of this triangle as expected in the last chart.
Currently, it's sitting right above the 200D MA on this 3-hour chart. Once we close with a confirmation candle below this MA. BTC and other altcoins will pump for till the weekend.
The reason I am posting this chart, again and again, is you must be aware of this index all the time. No matter if you are a long-term trader or a scalper.

Invalidation:- If the index gets back inside the pattern as it does sometimes the chart will get invalidated.

What do you think?
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Thank you

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