Hello, community members welcome to this USDT.D Daily chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see from the above mentioned it is evident that USDT.D is currently trading inside the rising channel pattern and got rejected from the 6.80% level.
After rejection from the upper trend line resistance, dominance moved downside almost 11% from the upper trend line.
Now, USDT.D again moving towards the upper trend line resistance for a retest and I am expecting a rejection again.
It is also evident that whenever USDT.D rejects from the upper trend line resistance it moves down almost 10% and again moves upside to retest the resistance and major downfall stats.
If it rejects successfully then we can be able to see USDT.D falling towards the lower trend line support or mid support of 4.87% which will be the right time to enter the USDT PAIR ALTCOINS.
INVALIDATION: candle close above the upper trend line support in the DAILY time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.