Stablecoin dominance testing important level
Updated
Note: the chart scale for the stablecoin dominance indicator is inverted so that down means down for crypto (up in % for stablecoin dom), and vice versa.
Stablecoin dominance is testing the 11.3% to 11.5% inverted-chart support, as shown here:
We can watch these levels for indications of which direction the next impulse will go to.
The colored arrows are examples of potential price action with would-be important pivot points circled in white.
Stablecoin dominance is testing the 11.3% to 11.5% inverted-chart support, as shown here:
We can watch these levels for indications of which direction the next impulse will go to.
The colored arrows are examples of potential price action with would-be important pivot points circled in white.
Comment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.