USDT.D Chart & Bitcoin Update - 31 May
#Bitcoin Evening Update
As per this USDT.D chart, it is currently still in Level 1 area, crossing down from that bottom support trend line is safe for re-entry on alts. If that happens it reaches up to Level 2 area that will helps Bitcoin to reach 35K to 37.5K USD.
If the USDT.D takes a support from the bottom support trend line and moves up means it affects Bitcoin badly to reach again under 30K USD price level.
So, for now its a this or that situation, if any changes happen I'll update via my channels.
As per this USDT.D chart, it is currently still in Level 1 area, crossing down from that bottom support trend line is safe for re-entry on alts. If that happens it reaches up to Level 2 area that will helps Bitcoin to reach 35K to 37.5K USD.
If the USDT.D takes a support from the bottom support trend line and moves up means it affects Bitcoin badly to reach again under 30K USD price level.
So, for now its a this or that situation, if any changes happen I'll update via my channels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.