Here’s a quick take on the
USDT.D 1H chart: USDT dominance is bumping into a key trendline around 4.28%, right below strong resistance at 4.30%.
If it gets rejected here, we could see a drop toward 4.18%, which would be a healthy sign for altcoins.
But if dominance breaks above 4.30% with a strong candle close, that bearish setup gets invalidated.
Keep an eye on this zone, it’s a make-or-break moment.
DYOR, NFA
If it gets rejected here, we could see a drop toward 4.18%, which would be a healthy sign for altcoins.
But if dominance breaks above 4.30% with a strong candle close, that bearish setup gets invalidated.
Keep an eye on this zone, it’s a make-or-break moment.
DYOR, NFA
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
