Cryptorphic

#USDT Dominance is at resistance...But Don't buy now...

Cryptorphic Aggiornato   
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
Welcome to this short update on USDT Dominance.

Reasons to Follow me?

*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market


Let's get to the chart!
USDT Dominance broke below the Ascending triangular pattern.
The current PA looks like a retest to me.
A rejection is likely around the 4.34% level.
Also hitting the upper BB line.
Rejection around the 4.34% level will be the best time to load ALTS on spot IMO.

Invalidation:-
Any break and close inside the channel will invalidate this chart.
To be precise, closing above and maintaining the 4.34%+ level would ruin this rally.

Let me know what you think in the comment section.

If you find it helpful, do not forget to hit the like button.

Thank you

#PEACE
Trade attivo:
NOTE:- I am not an expert in Elliot, I just tried it out...
I could be wrong and would love to learn from you.
So do your own research before taking any trade based on my charts.

Thank you
Commento:
Two possible scenarios in the short term have been shown in this chart.
Pay attention if you are scalping...

Commento:
It broke above the 4.40% level and unfortunately this chart is invalidated.

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

$4000 USDT Bonus and Premium Discord for free:- bit.ly/4000USDTBonus

Join My ELITE CLUB:- bit.ly/Join_elite

Idee correlate

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.