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USDT DOMINANCE ANALYSIS USDT.D perfectly got rejected from the trendline of the symmetrical triangle. Currently, it is moving toward the support trendline of the triangle, where MA 50 and the Ichimoku cloud are acting as support. Bulls need a solid breakdown of the symmetrical triangle for a strong bearish confirmation and if it happens, that would be a bullish sign for the market as it works inversely proportional to it. #BTC #crypto2023 $BTC $USDC $FDUSD

USDT DOMINANCE ANALYSIS

USDT.D perfectly got rejected from the trendline of the symmetrical triangle. Currently, it is moving toward the support trendline of the triangle, where MA 50 and the Ichimoku cloud are acting as support.

Bulls need a solid breakdown of the symmetrical triangle for a strong bearish confirmation and if it happens, that would be a bullish sign for the market as it works inversely proportional to it.

#BTC #crypto2023 $BTC $USDC $FDUSD

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#BTC/USDT ANALYSIS BTC is currently retesting above the descending channel, followed by a bullish move. The Ichimoku cloud indicates a bullish trend. A successful retest above the channel would confirm the bullish trend, while a failed retest would suggest a potential retracement before the next upward move. BTC is currently retesting above the descending channel, followed by a bullish move. The Ichimoku cloud indicates a bullish trend. A successful retest above the channel would confirm the bullish trend, while a failed retest would suggest a potential retracement before the next upward move. #pizzaday #Write2Earn $BTC $ETH $BNB
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#BTC/USDT ANALYSIS BTC is currently retesting above the descending channel, followed by a bullish move. The Ichimoku cloud indicates a bullish trend. A successful retest above the channel would confirm the bullish trend, while a failed retest would suggest a potential retracement before the next upward move. BTC is currently retesting above the descending channel, followed by a bullish move. The Ichimoku cloud indicates a bullish trend. A successful retest above the channel would confirm the bullish trend, while a failed retest would suggest a potential retracement before the next upward move. #pizzaday #Write2Earn $BTC $ETH $BNB
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#USDT DOMINANCE ANALYSIS USDT.D declined after breaking down and successfully retesting below the rising wedge. The Ichimoku Cloud indicates a bearish trend. Additionally, it broke down below the 200-day moving average (MA 200), suggesting a further downward move is expected. However, a retest of the MA 200 is also possible. It's important to note that USDT dominance works inversely proportional to the crypto market. $BTC $ETH $BNB #write2Earn #BTC #btc70k
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