📈 Tether Dominance Bearish Confirmation Now, Continuation Next

30 jun 2023

Most likely you've been with me, this is a chart that we've been tracking now for more than a year with a bearish bias and today we get a strong bearish confirmation, the last step is the bearish continuation which should come up on this chart as a very strong red candle next week or in the weeks to come.

Let's dive in. (Consider hitting like/boost & comment!)

Ever since the All-Time High June 2022, Tether Dominance (USDT.D) has been printing lower highs, this is the main and most important signal.

All bounces and swings to the upside can be consider noise, corrections and short-term moves... This has been confirmed.

Ever since last year USDT.D has broken below EMA10 and EMA21 only three times and the last one happened last week.

Last weak Tether Dominance moved and closed below EMA10/21 giving us a very strong bearish confirmation, the confirmation of the downtrend, of the lower highs and confirmation of the expected Altcoins and Bitcoin major bullish wave.

This week is expected to close red and what comes next is the bearish continuation as we saw back in July/August 2022... As USDT.D goes down, BTCUSD & ALTS move up.

This is it... The entire Cryptocurrency market is set to grow.

Welcome to the everything grows phase.

It is here as promised... Enjoy the profits and make sure to secure some earnings for the inevitable correction that will follow.

I would like to thank you for your trust and continued support.

Namaste.