#USDT DOMINANCE UPDATE!!

18 нояб. 2022 г.

Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I post short mid and long-term trade setups too.
Let’s get to the chart!

I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.

Currently, the market is so crazy that many traders have booked a huge loss or liquidated their entire portfolio by buying every fake dip.
IMO I will advise you guys to yeah stay out of this market because everyone is trying to predict the bottom but actually no one will be able to tell you the bottom by using TA.

So one thing we can do we can accumulate BTC instant of buying ones as I already mentioned in my BTC chat the buying range of BTC.

In my opinion, accumulation is the best option

Let’s get to the chat

Here we can see in the three-day time frame dominance is trending inside this long-term channel and also forming this ascending triangle pattern currently expecting some Bounce towards 9.45%.

In case we break out this ascending triangle pattern, then that will be the confirmation for the bull run.

Stay tuned I will keep updating.

This chart is likely to help you make better trade decisions if it does consider upvoting it.

I would also love to know your charts and views in the comment section.

Thank you

18 нояб. 2022 г.

Заметка

In this hourly time frame dominance does not look good, USDT dominance breaks out of this symmetrical triangle pattern. According to the pattern we can bounce up to 15% from here which is not good for ALT and BTC, bulls need to invalidate this pattern by closing a candle inside this pattern.