USDT.D UPDATE! What's my strategy now?
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Welcome to this USDT DOMINANCE update. USDT.D is continuously bouncing that's why BTC and Alts continuously falling.
Currently, USDT.D is trading near the 4.60 level. As you see in the chart, USDT.D once again trying to reach its major resistance line. We have seen multiple times in the past that after touching this resistance line USDT.D is rejected and starts falling.
Now the question is this time it rejects or breaks out?
Look as of now no one knows. I'll tell you what's my plan now. My simple strategy is when USDT.D reaches near the resistance line (4.75-4.85 level) I start taking entry in many Alts and hold. If in any HTF chart (Daily or weekly) USDT.D closes above this resistance line (4.80 level precisely) then I close all my longs and convert all my holdings into USDT.
Until USDT.D does not reach my levels I do not open any positions and wait patiently.
This is my strategy.
Maybe your's is different.
Share your strategy in the comment section so we all take benefit from it and learn.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this USDT DOMINANCE update. USDT.D is continuously bouncing that's why BTC and Alts continuously falling.
Currently, USDT.D is trading near the 4.60 level. As you see in the chart, USDT.D once again trying to reach its major resistance line. We have seen multiple times in the past that after touching this resistance line USDT.D is rejected and starts falling.
Now the question is this time it rejects or breaks out?
Look as of now no one knows. I'll tell you what's my plan now. My simple strategy is when USDT.D reaches near the resistance line (4.75-4.85 level) I start taking entry in many Alts and hold. If in any HTF chart (Daily or weekly) USDT.D closes above this resistance line (4.80 level precisely) then I close all my longs and convert all my holdings into USDT.
Until USDT.D does not reach my levels I do not open any positions and wait patiently.
This is my strategy.
Maybe your's is different.
Share your strategy in the comment section so we all take benefit from it and learn.
If you like this idea then do support it with like and follow.
Thank You!
