USDT DOMINANCE: WAITING FOR A BOUNCE.
The USDT Dominance has experienced a significant -9% drop and is currently finding strong support at 5.6%. This support level raises concerns and warrants attention within the crypto market.
Key considerations include:
1. A mere 8% rebound could potentially bring Bitcoin down to the $40,000 support level.
2. Positive momentum is observed in the Relative Strength Index (RSI), signaling a favorable aspect.
3. For a sustained bullish sentiment in the market, it is crucial for the USDT dominance to close below the support level within the daily timeframe.
In light of these factors, exercising caution and awaiting the weekly close is a prudent approach.
Best regards,
Team Dexter.
Key considerations include:
1. A mere 8% rebound could potentially bring Bitcoin down to the $40,000 support level.
2. Positive momentum is observed in the Relative Strength Index (RSI), signaling a favorable aspect.
3. For a sustained bullish sentiment in the market, it is crucial for the USDT dominance to close below the support level within the daily timeframe.
In light of these factors, exercising caution and awaiting the weekly close is a prudent approach.
Best regards,
Team Dexter.
coincall.com/r/43438887
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
Trade crypto options and futures on Coincall for great onboarding bonuses and a premium trading experience.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。