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Welcome to this USDT DOMINANCE update. USDT Dominance does not look good here.
USDT.D breakout from the inverse head&shoulder pattern in an 8hr time frame which is a bullish pattern. And you know when USDT Dominanc pumps all the crypto market BTC and Alts starts dumping. This is not a good sign for a cryptocurrency market.
Although still, we have two resistance levels 4.90 and 5.22 from there we can expect a reversal. If USDT.D breaks the 5.22 level then it's really really bad for BTC. Stay cautious with your trades and keep your stop losses tight until we get any bullish confirmation.
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