I was wondering, does the Tether Dominance (USDT.D) index chart supports a bullish Bitcoin and a bullish Altcoins market? It does. Let's look at this chart together.
Bullish volume has been dropping steadily. Bearish volume is very high.
Tether Dominance has been in a downtrend, lower highs, since August 2024. Obviously, when Bitcoin hit bottom, USDT.D peaked. This index has been producing lower highs since. There is a clear downtrend on the chart.
A bearish hammer came on the 28-Feb. session. This is followed by another bearish signal 4-March. A continuation. Lower highs long-term and lower highs short-term.
The chart is pointing lower, has been going lower and will continue lower. This means that Bitcoin is going up.
Thank you for reading.
The signals are everywhere.
Namaste.
Bullish volume has been dropping steadily. Bearish volume is very high.
Tether Dominance has been in a downtrend, lower highs, since August 2024. Obviously, when Bitcoin hit bottom, USDT.D peaked. This index has been producing lower highs since. There is a clear downtrend on the chart.
A bearish hammer came on the 28-Feb. session. This is followed by another bearish signal 4-March. A continuation. Lower highs long-term and lower highs short-term.
The chart is pointing lower, has been going lower and will continue lower. This means that Bitcoin is going up.
Thank you for reading.
The signals are everywhere.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.