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USDT DOMINANCE ANALYSIS USDT.D is retesting below the symmetrical triangle. MA 200 and the Ichimoku cloud are acting as resistance. A successful retest would be a sign of a downward move. As #USDT.D works inversely proportional to the crypto market, if it rejects then that is a bullish sign for the market. #USDTdominance

USDT DOMINANCE ANALYSIS

USDT.D is retesting below the symmetrical triangle. MA 200 and the Ichimoku cloud are acting as resistance. A successful retest would be a sign of a downward move.

As #USDT.D works inversely proportional to the crypto market, if it rejects then that is a bullish sign for the market.

#USDTdominance

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Wygasa o 2023-07-31 04:58:17
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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 / #USDT update 🤔 #Bitcoin 1D: BTC price is trading within Bullish symmetric triangle from last 2 weeks. Point to remember is that BTC closed its last weekly candle above $69k and if BTC closes this weekly candle above $69k, than it will be very bullish. Support: At Daily MA 50 $64,437 Resistance: $70k-$71k Event: US CPI: April 10 (Forecast 3.4% vs Previous 3.2%) Halving : April 19 $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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#BTC / #USDT update 🤔 #Bitcoin Price is trading within Symmetric Triangle. Yesterday Bitcoin Price touched $69,000 but after FED's statement about no rate cut in 2024, BTC price dropped back to $67,000. Bullish part is that we are seeing continuos inflow in Bitcoin ETF. Yesterday $106.8 million inflow entered via Bitcoin #ETF Apart from it, nearly $3 Billion USDT mint in last 3 days which shows that new money coming in Crypto Market. Support on 4 hr: $66500 and $63700(DAILY MA 50) Resistance: $69k #HALVING : April 19 $BTC
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