USDT DOMINANCE: STILL UNDER THE SUPPORT.
Hello traders, here's a quick update on USDT dominance.
We saw how the USDT.D made a sudden move lately and now it is dropping down again which means BTC and other altcoins are in green. Things may look good as the market is rallying up but let us not ignore the support that the dominance is holding. If the USDT.D breaks below the 8.18% support level, we may consider some good moves in the market.
If you are scalping this current market then it is better to book the profits as much as possible.
That's it for now. I will update more on it according to the market trend.
Trade safely.
We saw how the USDT.D made a sudden move lately and now it is dropping down again which means BTC and other altcoins are in green. Things may look good as the market is rallying up but let us not ignore the support that the dominance is holding. If the USDT.D breaks below the 8.18% support level, we may consider some good moves in the market.
If you are scalping this current market then it is better to book the profits as much as possible.
That's it for now. I will update more on it according to the market trend.
Trade safely.
