$USDT Dominance is consolidating within a symmetrical triangle #pattern and is currently #trading above the Ichimoku Cloud, which is acting as support. A confirmed breakout or breakdown is needed to determine the next directional move. It’s important to note that $USDT Dominance often exhibits an inverse correlation with the broader #cryptocurrency market. #crypto
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#USDT DOMINANCE ANALYSIS
$USDT Dominance is consolidating within a symmetrical triangle #pattern and is currently #trading above the Ichimoku Cloud, which is acting as support. A confirmed breakout or breakdown is needed to determine the next directional move. It’s important to note that $USDT Dominance often exhibits an inverse correlation with the broader #cryptocurrency market. #crypto