USDT DOMINANCE BEARISH IN LTF! BTC MIGHT PUMP FROM HERE!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT DOMINANCE update. USDT.D looks bearish here.
USDT Dominance forming a head & shoulder pattern in a 1hr time frame. Head&Shoulder are generally a bearish pattern. So when USDT Dominance is bearish, it means that BTC and other Alts might pump from here. So IMO it's an excellent opportunity to long some Alts and BTC here but does not forget to put SL.
USDT Dominance breaks the neckline of the Head & shoulder pattern and currently retesting it. After this retest, we expect a dump.
Invalidation level:- If USDT Dominance again closes above the neckline (Close above 6.44 level close the long positions)
If you like this idea then do not support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this USDT DOMINANCE update. USDT.D looks bearish here.
USDT Dominance forming a head & shoulder pattern in a 1hr time frame. Head&Shoulder are generally a bearish pattern. So when USDT Dominance is bearish, it means that BTC and other Alts might pump from here. So IMO it's an excellent opportunity to long some Alts and BTC here but does not forget to put SL.
USDT Dominance breaks the neckline of the Head & shoulder pattern and currently retesting it. After this retest, we expect a dump.
Invalidation level:- If USDT Dominance again closes above the neckline (Close above 6.44 level close the long positions)
If you like this idea then do not support it with like and follow.
Also, share your views in the comment section.
Thank You!
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.