USDT DOMINANCE is close to a strong support level

2024年11月30日

This analysis is an update of the analysis you see in the "Related publications" section

First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
It seems that Tether Dominance has entered a large C wave.

If we reduce the time frame and want to analyze the movements of Tether (USDT) dominance more precisely, It seems that the asset is forming either a diametric or a triangle pattern.

In this scenario, we are focusing on the diametric pattern. From the green zone, the price could create an upward correction.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

2024年12月9日

交易進行

Still Valid

2024年12月10日

註釋

It was noted that Tether dominance is forming a reversal pattern to the upside.

Altcoins are likely to maintain their recent lows or may still have a 4-7% margin to the bottom.