#Stable Dominance giving us a hint for a green weekend!!

٥ أغسطس ٢٠٢٢

USDT Dominance is in play.
Testing the blue EMA right now after the breakdown.Although this is a 4 hour chart but most of the people trade on leverage so keep in mind an hourly full candle close above the 6.28% followed by a confirmation candle would mean I will close my long positions manually and this chart will be invalidated.

Unlikely, but you never know. Always be prepared for the worst.
I am holding Long positions right now.

Let me know what you think. Do hit the like button and share your views in the comment section.

Thank you

#PEACE

٥ أغسطس ٢٠٢٢

تم فتح الصفقة

There's a slight change here, due to the rise in blue MA level has moved from 6.28% to 6.33% so to invalidate this chart we will need a close back inside the channel.
And, although the price is above the blue MA in the hourly chart it is still getting rejected from the channel.

٥ أغسطس ٢٠٢٢

تم فتح الصفقة

4 Hour chart shows rejection so far.