đ $USDT Dominance Analysis | D 10/18/2024 đ§
#USDT â Itâs been a while since I shared an update on this chart, but even though I havenât posted, Iâve been watching it daily to fine-tune my next moves with #BTC and #altcoins. âĄïž
Years ago, many traders relied on this chart, but today, only the OGs of crypto seem to understand its power. And letâs be honest â thatâs why so many newer traders are struggling.
Hereâs the deal:
USDT dominance is falling, and although the decline is slower than we'd like, itâs a bullish signal for altcoins. Once we break through this red zone on the chart, weâll see a flood of USDT flowing into altcoins â sparking a major rally, especially in the lagging ones. đ„
đ I expect weâll be around the 4.69% region next week, which will lift altcoins past their lower resistance levels, kicking off the first real altcoin rally. Pair this with the #BTC.D chart, and it's clear that altcoins are gearing up for their moment.
Weâre still in a bearish continuation, but if youâre not BULLISH on altcoins right now, youâre missing out! đ
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