I was looking at USDT.D's chart and noticed that a big move is coming soon.
We got a strong rejection from the resistance of the bearish flag. After hitting this big resistance, we reached consolidation. This consolidation is nothing but an H&S (Head and Shoulders) pattern if we zoom out ๐คซ
If this consolidation is successful and we don't see any major move upwards, then a nice dump in the usdt dominance coming in the upcoming week. Usdt.d downtrend is good for BTC and altcoins.
This dump would be considered a relief rally, which could be a teaser for the upcoming bull run.