USDT.D due for short term retrace... Then what??
Chart is pretty self explanatory. Notice the bearish cross on Stoch RSI, indicating we should see a short term pullback & some relief for BTC/Alts.
However, If USDT.D continues it's reversal by breaking out from the current descending channel, BTC/Alts will continue to bleed.
If USDT.D continues to trend downward, expect upside for crypto to resume.
happy trades,
CD
However, If USDT.D continues it's reversal by breaking out from the current descending channel, BTC/Alts will continue to bleed.
If USDT.D continues to trend downward, expect upside for crypto to resume.
happy trades,
CD
Comment:
Called this! Lets see which path it follows...