This might get a little tricky, guys!
On the weekly timeframe, USDT.D has broken below the 100 MA. The last time this happened, it dropped by 33%, which was enough to trigger a solid rally in BTC and the broader market.
Currently, we may see dominance attempt to retest the 100 MA, which is now acting as resistance after the breakdown. This slight rebound could bring some correction to the market — so brace yourselves and stay cautious. ⚠️
In the long run, BTC still looks strong and is likely to go parabolic. Remember, consolidation is a natural part of the market cycle — and if you know how to navigate it, you’ll be just fine. 💪
Regards,
Dexter
On the weekly timeframe, USDT.D has broken below the 100 MA. The last time this happened, it dropped by 33%, which was enough to trigger a solid rally in BTC and the broader market.
Currently, we may see dominance attempt to retest the 100 MA, which is now acting as resistance after the breakdown. This slight rebound could bring some correction to the market — so brace yourselves and stay cautious. ⚠️
In the long run, BTC still looks strong and is likely to go parabolic. Remember, consolidation is a natural part of the market cycle — and if you know how to navigate it, you’ll be just fine. 💪
Regards,
Dexter
交易進行
USDT Dominance is moving as expected. Expecting a rejection in the following weeks.
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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。