While BTC grows towards last lower high its Dominance over the market is pumping. Majority of alts are falling although their USDT value doesn't change much.
That is why I always stress out that USDT charts alone are useless when you trade crypto. First thing you want to do is check spot chart vs BTC. And only if coin has a trend or a strong support for a bounce you may go to USDT chart and plan your entries. Otherwise stick to BTC.
Now BTC.D reached 44 resistance level that may stop the pump for a while. If not - next is at 44.55.
@CryptoTrades #Dominance
That is why I always stress out that USDT charts alone are useless when you trade crypto. First thing you want to do is check spot chart vs BTC. And only if coin has a trend or a strong support for a bounce you may go to USDT chart and plan your entries. Otherwise stick to BTC.
Now BTC.D reached 44 resistance level that may stop the pump for a while. If not - next is at 44.55.
@CryptoTrades #Dominance