USDT DOMINANCE: A NICE BOUNCE BACK.
USDT Dominance Update:
What a bounce back from the support level! Like I said before, until and unless the 7.9% support is broken down, the market cannot be bullish. The USDT.D was way too close to the breakdown point but the dominance changed its direction in no time and here we are with a nice bounce back. Let's hope that this bounce back will not turn into a breakout and further higher rally because if that happens BTC and other altcoins will land into big trouble.
Be watchful guys. I hope this update was helpful for you all.
Trade safely.
What a bounce back from the support level! Like I said before, until and unless the 7.9% support is broken down, the market cannot be bullish. The USDT.D was way too close to the breakdown point but the dominance changed its direction in no time and here we are with a nice bounce back. Let's hope that this bounce back will not turn into a breakout and further higher rally because if that happens BTC and other altcoins will land into big trouble.
Be watchful guys. I hope this update was helpful for you all.
Trade safely.
