Kryptochristian

#USDT Dominance looking strong

Long
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
#USDT Dominance looking strong

#USDT DOMINANCE

Keep an eye here as we are in a very bullish pattern atm. Just a reminder that this is very bearish for BTC is USDT dominance increases and even more so for ALT's.

That being said it does mean if there is not a decrease in overall market cap then money is remaining in Crypto so essentially there will be a sentiment of waiting to buy the dip and not complete exodus from the Crypto market.

So this usually means short term pain, long term gain when it pumps.

Key Factors:
- Bullish descending wedge
- Testing upper trendline line
- Can argue a cup and handle formation appearing
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.