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USDT dominance weekly RSI new record!

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CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
The weekly RSI on USDT chart has hit a new record!

We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind.

I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this chart I predicted moves in May and where it would bottom.


This chart is backing up my other trade at the moment check it out .


The chances are we will get a rally coming from this zone and this is a cycle bottom.
Yorum:
Sorry about the text labels , running ultrawide 5k monitor and there is no preview for publishing always comes out messed up
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This stuff is getting ridiculous now , blow off top incoming at one point!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.