💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status.
💡If USDT.D% falls, we can expect the cryptocurrency market to start rising (not all tokens, of course).
📈From the point of view of Classical Technical Analysis, USDT.D% looks like. It has succeeded in breaking the lower line of the Rising Wedge Pattern.
🌊According to the theory of Elliott waves, USDT.D% has successfully completed the Zigzag(ABC) correction, and we have to wait for the next 5 falling waves.
🔔I expect USDT.D% to at least fall to the 🟢Support zone(4.72%-4.53%)🟢.
Market Cap USDT Dominance% Analyze (USDT.D%), 1-hour time frame ⏰.
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