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#ETH/USDT ANALYSIS ETH is currently trading within a descending triangle pattern and is being rejected at the resistance trendline. The Ichimoku Cloud above the current price action is acting as resistance, indicating bearish momentum. It is important to wait for a decisive breakout or breakdown for confirmation. $ETH
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#USDT DOMINANCE ANALYSIS USDT.D is bouncing off the support trendline of a rising wedge pattern. The 100-day moving average and the Ichimoku cloud are indicating bullish momentum, suggesting a potential bounce from the trendline. However, a breakdown of the pattern would signal a bearish trend. It's important to note that USDT.D typically moves inversely to the broader crypto market.
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