Market Cap USDT Dominance, %Updated USDT DOMINANCE UPDATE (4H)
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
When the Dominance Tether hits the red box, we expect a reject. This area seems to cause the cryptocurrency market to take a break for the continuation of the drop
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
When the Dominance Tether hits the red box, we expect a reject. This area seems to cause the cryptocurrency market to take a break for the continuation of the drop
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
The reason why the market turned green was the red zone that we had defined for Dominance Tether.
Dominance Tether was rejected by hitting the red box and the market turned green
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