Market Cap USDT Dominance, %
Pembelian
Diupdate

USDT Dominance Breakdown Ahead?

2221
USDT Dominance (USDT.D) has formed a bearish inverted cup and handle pattern, pointing to a big move soon!

The weekly chart of USDT dominance shows a clear bearish inverted cup and handle pattern, with a significant breakdown below the neckline. The projected target suggests a potential 60% decline, which could take the dominance to the 1.6-2% range.

This might indicate a shift in market dynamics, with capital rotating from stablecoins into altcoins or Bitcoin. A key moment to watch for crypto traders.

What’s your take on this? Could this spark an altcoin rally?
Trade aktif
Currently, #Dominance is facing this horizontal resistance. In my opinion, we may see a rejection here. However, in the worst case, if Dominance breaks this resistance, we could see a bounce toward the blue resistance level.

Stay tuned and follow me for more updates.
DYOR, NFA
#Crypto
cuplikan
Trading ditutup: target tercapai
USDT #Dominance is below the descending trendline, with the 200 MA also serving as a strong resistance level.
A rejection is expected, but if these resistance levels are broken, it could signal a significant shift for #Altcoins

Stay tuned and follow for more updates.
#Crypto

cuplikan

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.