USDT Dominance Analysis. Short Bitcoin its time!
Hello everyone i want share my idea about USDT Dominance.
After strong fall of USDT Dominance we see bitcoin huge upside movement which broke weekly strong resistance and stopped to monthly resistance. Bitcoin is still bullish but for new buyers we need price correction which i think has stared.
At USDT Dominance we see trend change movement after touch to monthly support zone, at 4h timeframe buyers of USDT Dominance trying to change trend upside its close to brake some resistance area which is at 6.70%, from that point we saw rejection but bot longer this rejection and the fall going weaker. after touch Fibonacci 50% LVL price stopped downside movement and we have some trend continue signals.
I am bullish at USDT Dominance which means Bitcoin will fall and the fall will be correction.
BE PATIENT!!! ALWAYS MAKE YOUR OWN RESEARCH!!!
After strong fall of USDT Dominance we see bitcoin huge upside movement which broke weekly strong resistance and stopped to monthly resistance. Bitcoin is still bullish but for new buyers we need price correction which i think has stared.
At USDT Dominance we see trend change movement after touch to monthly support zone, at 4h timeframe buyers of USDT Dominance trying to change trend upside its close to brake some resistance area which is at 6.70%, from that point we saw rejection but bot longer this rejection and the fall going weaker. after touch Fibonacci 50% LVL price stopped downside movement and we have some trend continue signals.
I am bullish at USDT Dominance which means Bitcoin will fall and the fall will be correction.
BE PATIENT!!! ALWAYS MAKE YOUR OWN RESEARCH!!!
Comment:
It need to brake 6.70 LVL and we will see BTC at 31000
