AlanSantana

📈 Tether Dominance Update, Bears Reinforced

āļĨāļ”āļĨāļ‡
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
We had a strong rejection at EMA10 yesterday, the previous trade idea becomes less relevant right now.

We looked at the possiblity of a bounce that would meet "strong resistance" but this is less likely.

With the long upper wick rejection at EMA10 from yesterday's candle, it seems that USDT.D will move straight to the next support level with no bounce.

Basically a bearish flag.

USDT.D set to go lower.
Everything crypto set to grow.

Namaste.

P.S. Looks like January 30-31 Bitcoin does the next jump.
Enjoy your weekend.

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