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crypto_vulture_signals

Impending Drop: USDT.D Faces Significant Decline

Long
Market Cap USDT Dominance, % (CRYPTOCAP:USDT.D)  
crypto_vulture_signals  
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
Trend Analysis Chart Patterns Technical Indicators usdtdominance usdt bearishdivergence Double Top cryptobullmarket
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trendanalysis chartpattern indicator usdtdominance usdt bearishdivergence doubletop cryptobullmarket
Hi friends,

If you observe the recent behavior of USDT dominance (USDT.D), it bounced back and touched 5%, but now it has clearly formed a double top pattern, which is a bearish sign. Additionally, the RSI is declining, supporting our bearish scenario. Whenever USDT.D falls, the crypto market tends to rise, and BTC often rallies. These two are inversely related.


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