👋🏻 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
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bitunix.com/register?inviteCode=28r21f
☄️ Telegram
t.me/FireHoseReel
☄️ Trade & Earn
bitunix.com/register?inviteCode=28r21f
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
🔥 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
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.