Market Cap USDT Dominance, %
āļĨāļ”āļĨāļ‡

📈 Tether Dominance Bullish vs Bearish Potential

The Tether Dominance Index (USDT.D) is now bullish as it continues trading above EMA10.

Let's look at the potential for a reversal; early bearish signals.

- Lower high mid-term. June vs November.
- Decreasing bullish volume. As USDT.D continues to move higher the weekly trading volume goes lower, giving us an early signal of weakness.
- RSI bearish divergence. Divergences tend to happen between tops and bottoms.

These are just early signals and the trend is still bullish but we are looking for a potential reversal.

Tether Dominance moves inverse to bitcoin.

- If USDT.D goes up, BTCUSD goes down.
- If USDT.D goes down, BTCUSD goes up.

That's why we track this index in search for confirmation/additional information to support what we see on the bitcoin and Altcoins charts.

Namaste.
altcoinsBeyond Technical AnalysiscryptoCryptocurrencyTechnical IndicatorstethertetherdominanceTrend Analysisusdtusdtd

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

ðŸ”Ĩ PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

ðŸšĻ Free PREMIUM Trade-Numbers
alansantanatrades.com
āđāļĨāļ°āđƒāļ™:

āļāļēāļĢāļ™āļģāđ€āļŠāļ™āļ­āļ—āļĩāđˆāđ€āļāļĩāđˆāļĒāļ§āļ‚āđ‰āļ­āļ‡

āļ„āļģāļˆāļģāļāļąāļ”āļŠāļīāļ—āļ˜āļīāđŒāļ„āļ§āļēāļĄāļĢāļąāļšāļœāļīāļ”āļŠāļ­āļš