Hello Everyone! I want share my idea about USDT Dominance.
When Bitcoin price stuck middle of consolidation USD Dominance is at support LVL. Here we need to be careful because we don't know what will be next move.
In my opinion This support is not strong enough for rise dominance from here. I think USDT.D will brake that support and if it will brake support we will see Bitcoin price another bullish scene.
BUT MY I WILL FIND ONLY POINT FOR ENTER SHORT POSITION BECAUSE TREND IS BEARISH!!!
Here is my 2 scene what we will see.
1 Bullish scene - price brake 7.42% level retest it and going again up with brake another resistances.
2 Bearish scene - Price brake support at 7.10% which in my opinion is weak, then coming back for retest it and going strong down.
Be Patient!!!
We will see soon what can Bitcoin!!!
When Bitcoin price stuck middle of consolidation USD Dominance is at support LVL. Here we need to be careful because we don't know what will be next move.
In my opinion This support is not strong enough for rise dominance from here. I think USDT.D will brake that support and if it will brake support we will see Bitcoin price another bullish scene.
BUT MY I WILL FIND ONLY POINT FOR ENTER SHORT POSITION BECAUSE TREND IS BEARISH!!!
Here is my 2 scene what we will see.
1 Bullish scene - price brake 7.42% level retest it and going again up with brake another resistances.
2 Bearish scene - Price brake support at 7.10% which in my opinion is weak, then coming back for retest it and going strong down.
Be Patient!!!
We will see soon what can Bitcoin!!!
