USDT DOMINANCE BREAKING DOWN!!!

17 мар. 2022 г.

Welcome members to this update on USDT Dominance.

If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.

Let's get back to the chart.

The USDT.D is recently breaking down towards the lower trendline which is at 9% away. But before dropping up to that level, we have slight support at 4.33% which could be a stumbling block and the dominance could bounce back. In both scenarios, I am expecting BTC and the other altcoins to grow.

So, for the USDT dominance, the keep levels to keep an eye on will be 4.33% and 4.05%.

Tell me what you think about the USDT dominance? Will it drop or rally higher?

Let me know in the comments.

I'll see you on my next update.

Thank you.