USDT DOMINANCE: A DROP LONG PENDING.
Hello guys, welcome to this USDT dominance update. This will be a continuation of the previous update.
Preview: In our previous update, we talked about the rejection of dominance. It did get rejected but the same thing happened again, the 21 MA held the distinction to drop any further.
Update: In the recent move, it looks like the USDT.D is serging to rally higher. As I said, rejection is long pending and if this bounce is good to be true then the dominance may possibly reach the 8% range and then get rejected. Another possibility could be a rejection from the present price level but only if the dominance shows some weak hands.
Impact: If the USDT.D rallies, the market will drop and vice versa.
That's it from my end. I hope this update will help you with your trades.
Thank you for supporting. God bless and trade safely.
Preview: In our previous update, we talked about the rejection of dominance. It did get rejected but the same thing happened again, the 21 MA held the distinction to drop any further.
Update: In the recent move, it looks like the USDT.D is serging to rally higher. As I said, rejection is long pending and if this bounce is good to be true then the dominance may possibly reach the 8% range and then get rejected. Another possibility could be a rejection from the present price level but only if the dominance shows some weak hands.
Impact: If the USDT.D rallies, the market will drop and vice versa.
That's it from my end. I hope this update will help you with your trades.
Thank you for supporting. God bless and trade safely.
