exe393

USDT.D - Critical time for a dump/pump for BTC ?

CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
could go either way, but looks bullish to me (bad for BTC)
its been respecting that up channel since sept 6th after a falling wedge break out
getting close to the tip of a symm triangle, near the bottom area of the up channel
consolidating in a rectangle channel (a bullish pattern) but doesn't look that strong, as it had already dipped out of it, and back in.

symm triangles are 60% bullish
a strong consolidating rectangles are bullish, and usually breaks upward eventually
a respected up channel is bullish as well, as long as it respects the top & bottom trend lines, but could break downwards.

this week, could get ugly, or be good for BTC as we were on the way to recovery from the recent sept 7th dip. I suspect sept 21st -24th could be key areas to pay very close attention to.

This data isn't 100% accurate just my idea and thoughts based on charting. Good luck !

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