USDT DOMINANCE GETTING REJECTED FROM THE 21 MA SUPPORT.
Hello folks, welcome to this quick update on USDT Dominance in 2 days TF.
In my previous USDT Dominance update, the dominance was holding good support at 21 MA but now we can clearly see a rejection coming in. This clearly indicates a good rally in coming on BTC and other altcoins. The current level is at 4.06% and we have small support at 3.77%. Rejection towards the 3.77% support will be enough to push BTC up to the 44k level. Imagine what will happen to BTC and other altcoins if the USDT dominance gets rejected all the way to 2.80%.
Anyways, we also need to keep in mind that still 20 hours are left for the 2 days candle to close and these 20 hours are more than enough to push or pull the price in the market.
This recent rejection doesn't give 100% confirmation but my biased is towards the dominance rejection.
What's your opinion? Do you think the USDT dominance will get rejected?
Let me know in the comments.
Like, comments, and follow is highly appreciated.
Thank you and trade safely.
I will see you soon on my next update.
In my previous USDT Dominance update, the dominance was holding good support at 21 MA but now we can clearly see a rejection coming in. This clearly indicates a good rally in coming on BTC and other altcoins. The current level is at 4.06% and we have small support at 3.77%. Rejection towards the 3.77% support will be enough to push BTC up to the 44k level. Imagine what will happen to BTC and other altcoins if the USDT dominance gets rejected all the way to 2.80%.
Anyways, we also need to keep in mind that still 20 hours are left for the 2 days candle to close and these 20 hours are more than enough to push or pull the price in the market.
This recent rejection doesn't give 100% confirmation but my biased is towards the dominance rejection.
What's your opinion? Do you think the USDT dominance will get rejected?
Let me know in the comments.
Like, comments, and follow is highly appreciated.
Thank you and trade safely.
I will see you soon on my next update.
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