Domino_Crypto

#TETHER/DOMINANCE 4HR CHART UPDATE !!

CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
Hello, community members welcome to another USDT DOMINANCE chart update.

If you find this update helpful, shoot the like button follow and share your views in the comment section.

As it is evident from the above-mentioned chart that USDT DOMINANCE got rejected from the upper trend line resistance and moved downside by 18% which is a pretty good downside move.

In the current scenario, USDT DOMINANCE broke downside the upper mid trend line and currently trading below which is a good signal for bull traders to get into some long positions.

USDT DOMINANCE needs to hold this level and lose some more % to print more green candles in ALT coins.

A candle that closes above the mid-dotted trend line will be the reversal point for USDT DOMINANCE.

RSI also trading at 39% and moving downside.
MACD also printed red bars with bearish crossover.

Let’s see how USDT DOMINANCE performs in upcoming hours.

NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.

DO YOUR RESEARCH BEFORE MAKING ANY TRADES.

Thank you.
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