#USDT DOMINANCE ANALYSIS
USDT.D continued its bearish move after the breakdown of the ascending triangle. The Ichimoku cloud is showing a bearish trend. It has bounced from the horizontal support and is trading below the MA 200.
A rejection from the MA 200 could be a possible scenario, while a sustained breakdown of the horizontal support would further confirm bearish sentiment. We have to note that it operates inversely proportional to the crypto market.
USDT.D continued its bearish move after the breakdown of the ascending triangle. The Ichimoku cloud is showing a bearish trend. It has bounced from the horizontal support and is trading below the MA 200.
A rejection from the MA 200 could be a possible scenario, while a sustained breakdown of the horizontal support would further confirm bearish sentiment. We have to note that it operates inversely proportional to the crypto market.