USDT DOMINANCE IN HOURLY TIMEFRAME
USDT Dominance Update:
We have been analyzing the USDT.D in a bigger timeframe. Today, let's bring it down to the hourly timeframe.
In this one-hour TF, the USDT.D is currently trying its best to push the dominance in an upward direction. With the support at 6.74%, it is most likely to see the USDT.D bouncing back but maybe not up to the resistance trendline. At present, BTC and other altcoins are making green rallies, and soon a correction is required to balance off the market.
On the bullish side, in order to continue the green rally, the USDT.D must break down below the supporting trendline.
I hope this information was helpful. Thank you for reading and trade safely.
We have been analyzing the USDT.D in a bigger timeframe. Today, let's bring it down to the hourly timeframe.
In this one-hour TF, the USDT.D is currently trying its best to push the dominance in an upward direction. With the support at 6.74%, it is most likely to see the USDT.D bouncing back but maybe not up to the resistance trendline. At present, BTC and other altcoins are making green rallies, and soon a correction is required to balance off the market.
On the bullish side, in order to continue the green rally, the USDT.D must break down below the supporting trendline.
I hope this information was helpful. Thank you for reading and trade safely.
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