👋🏻 Hey everyone! How’s it going? Hope you’re all doing well.
❄️ Welcome to Crypto Winter.
⏰ Today, we’ll be analyzing USDT.D and exploring its potential opportunities.
👀 On the 1H timeframe of USDT dominance, we noticed that after touching the support zone, we were expecting a breakdown. However, with a fake-out, it reversed and is now correcting upwards. The next resistance for USDT dominance could be around 4.34%.
🧮 The RSI oscillator is approaching the key level around 70 (overbuy zone). If USDT dominance enters this area, it could trigger a deeper correction in the market.
🕯 The green candles in USDT dominance (profit-taking and closing of long contracts) are gradually increasing. We should watch closely how these candles react as we approach the 4.34% resistance level.
🧠 Since we don’t want to open shorts here, the best strategy is to wait and see how USDT dominance reacts before entering any positions. This is very important. In the meantime, we can build a watchlist and focus on other setups.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
❄️ Welcome to Crypto Winter.
⏰ Today, we’ll be analyzing USDT.D and exploring its potential opportunities.
👀 On the 1H timeframe of USDT dominance, we noticed that after touching the support zone, we were expecting a breakdown. However, with a fake-out, it reversed and is now correcting upwards. The next resistance for USDT dominance could be around 4.34%.
🧮 The RSI oscillator is approaching the key level around 70 (overbuy zone). If USDT dominance enters this area, it could trigger a deeper correction in the market.
🕯 The green candles in USDT dominance (profit-taking and closing of long contracts) are gradually increasing. We should watch closely how these candles react as we approach the 4.34% resistance level.
🧠 Since we don’t want to open shorts here, the best strategy is to wait and see how USDT dominance reacts before entering any positions. This is very important. In the meantime, we can build a watchlist and focus on other setups.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
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t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
☄️ Telegram
t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
🔥 Join the Action Now 🔥
☄️ Telegram
t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
☄️ Telegram
t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.