USDT Dominance update:
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The USDT.D is in a make or break position. Currently the only resistance for an increase is the 21 EMA. Let's hope this resistance remains strong so that Bitcoin & altcoins can continue their rally.
If the 21 EMA does not hold, we will see a double bottom which would mean that the USDT dominance could drift back up to the 4.8% range which would mean the prices of Bitcoin & altcoins would decrease.
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Hi everyone, This is The Unbounded. One of the newest and most active trading view authors and fastest-growing communities. Please consider following me for the latest market updates and mid and long-term Long / Short calls. Let's get to the chart!
The USDT.D is in a make or break position. Currently the only resistance for an increase is the 21 EMA. Let's hope this resistance remains strong so that Bitcoin & altcoins can continue their rally.
If the 21 EMA does not hold, we will see a double bottom which would mean that the USDT dominance could drift back up to the 4.8% range which would mean the prices of Bitcoin & altcoins would decrease.
⭐ 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 🙏
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.
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.