$USDT Dominance is facing rejection from the resistance trendline of the symmetrical triangle pattern. Currently, it is #trading below the horizontal supply zone and moving inside the Ichimoku Cloud. Further correction is possible from this level. however, a confirmed breakout above the triangle would signal a #bullish trend. It’s important to note that USDT.D often exhibits an inverse correlation with the broader #cryptocurrency market. #crypto
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#USDT DOMINANCE ANALYSIS
$USDT Dominance is facing rejection from the resistance trendline of the symmetrical triangle pattern. Currently, it is #trading below the horizontal supply zone and moving inside the Ichimoku Cloud. Further correction is possible from this level. however, a confirmed breakout above the triangle would signal a #bullish trend. It’s important to note that USDT.D often exhibits an inverse correlation with the broader #cryptocurrency market. #crypto