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Currently, USDT.D (USDT Dominance) is dictating the crypto markets and it is approaching a key level of support.
USDT.D is currently approaching the 4% level which has been a historical level of resistance. Similar to the DXY, when USDT.D goes down, crypto goes up. So if USDT.D falls through 4%, BTC and altcoins will do well. If USDT.D is rejected off 4% and starts increasing again, then look for a major dump.
Stay nimble...either look to enter/add to trades or exit and book some profits depending on what USDT.D does around the 4% level.
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Namaste 🙏
Currently, USDT.D (USDT Dominance) is dictating the crypto markets and it is approaching a key level of support.
USDT.D is currently approaching the 4% level which has been a historical level of resistance. Similar to the DXY, when USDT.D goes down, crypto goes up. So if USDT.D falls through 4%, BTC and altcoins will do well. If USDT.D is rejected off 4% and starts increasing again, then look for a major dump.
Stay nimble...either look to enter/add to trades or exit and book some profits depending on what USDT.D does around the 4% level.
⭐ If you liked this content, please consider subscribing and giving it a Thumbs Up 👍. If you have any feedback or suggestions, please leave a comment below as I answer each comment.
Namaste 🙏
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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.
İlgili yayınlar
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.