We see Tether Dominance (USDT.D) declining slowly since 18-June... But, is it over?
Not likely.
The downtrend is only getting started and the chart signals and indicators continue pointing to lower prices.
USDT.D just hit a support level recently around ~7.10%.
After a small bounce, we are likely to test EMA300/MA200 at 6.66% - 6.75%.
Followed by 5.70% as the final target short-term.
Conditions for change
If USDT.D moves and closes above 7.56% the short-term bullish bias is compromised but not all is lost.
It needs time to develop.
Namaste.
Not likely.
The downtrend is only getting started and the chart signals and indicators continue pointing to lower prices.
USDT.D just hit a support level recently around ~7.10%.
After a small bounce, we are likely to test EMA300/MA200 at 6.66% - 6.75%.
Followed by 5.70% as the final target short-term.
Conditions for change
If USDT.D moves and closes above 7.56% the short-term bullish bias is compromised but not all is lost.
It needs time to develop.
Namaste.
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🚨 Get the FULL (6-in-1) PREMIUM PACKAGE
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
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🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
