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🚨🚨USDT DOMINANCE ANALYSIS 🚨🚨 USDT.D is retesting below the symmetrical triangle. MA 100 and the Ichimoku cloud are also acting as resistance. RSI got rejected from the overbought region and has formed a bearish divergence. A successful retest would be a sign of a bearish move and if it follows the downward path then that would be a bullish sign for the crypto market as they work inversely proportional to each other. #USDT.D #USDTdominance

🚨🚨USDT DOMINANCE ANALYSIS 🚨🚨

USDT.D is retesting below the symmetrical triangle. MA 100 and the Ichimoku cloud are also acting as resistance. RSI got rejected from the overbought region and has formed a bearish divergence.

A successful retest would be a sign of a bearish move and if it follows the downward path then that would be a bullish sign for the crypto market as they work inversely proportional to each other.

#USDT.D #USDTdominance

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Vyprší v(e) 2023-08-06 05:03:57
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BTC / USDT ANALYSIS UPDATE 🤔 BTC has once again broken out of the triangle after hunting stops below it. It bounced from the Ichimoku cloud, indicating a bullish trend. The RSI is currently in the neutral zone. A successful retest of the triangle would confirm the bullish sentiment. As long as it continues trading above the triangle, we can anticipate the continuation of the bullish move. The only bearish scenario would be a sustained breakdown of the Ichimoku cloud. #btc $BTC
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#BTC DOMINANCE ANALYSIS BTC. D is moving in an ascending triangle, with the Ichimoku cloud acting as support. The RSI is currently in the neutral zone. A solid breakout of the triangle would confirm a bullish trend. In the event of rejection, further movement within the triangle is anticipated. It's worth noting that BTC.D often exhibits an inverse relationship with the alts market cap. $BTC
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