đ Marketupdate about USDT.D đAcha gee, so we do have that bull div on weekly, then we have a C-fork on this daily timeframe⌠đ Now the flip of this C-Fork leads to its targets of the Main GP(6.93%-7.03%) đŻIn my opinion the flip of the upper trendline on the price is gonna happen in 2 phases, It just tapped the upper trendline so Iâm proposing that itâs gonna retracement down now, thatâs phase 1. Below is the chart where I talk about the lower timeframe retracement of this move. đ Then in phase 2 itâs gonna move and flip the trendline with a proper retest, and then move to the GP targets. đŻWhile this happens, I believe a slow bleed for alt coins is on the way, this can change with a little bit of news but for now, this is what it looks like đŹHere's the 4h chart of USDT.D đNow we got two serious supports for this phase 1 retracement. đĄď¸ One support is at obvious 200sma(5.70%), and the other one is below that, where the OB and GP are at confluence (5.46%-5.49%). đI believe the better drop os till the OB confluence. So better watch for that⌠đTill this retracement happens, we may create bearish OBs on many altcoins to trap some new longers/late buyers etc đFollow for more
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