CryptOpus
#USDT DOMINANCE ANALYSIS
$USDT Dominance is consolidating within a descending triangle #pattern # and is currently rebounding from the horizontal demand zone.
The Ichimoku Cloud is acting as a resistance barrier above the price action. A breakout or breakdown from the #pattern # is needed to confirm the next directional move.
Given $USDT Dominance’s inverse correlation with the broader #crypto market, a decline here may indicate strengthening bullish momentum across the #crypto space
$USDT Dominance is consolidating within a descending triangle #pattern # and is currently rebounding from the horizontal demand zone.
The Ichimoku Cloud is acting as a resistance barrier above the price action. A breakout or breakdown from the #pattern # is needed to confirm the next directional move.
Given $USDT Dominance’s inverse correlation with the broader #crypto market, a decline here may indicate strengthening bullish momentum across the #crypto space
