USDT dominance weekly RSI new record!
The weekly RSI on USDT chart has hit a new record!
We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind.
I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this chart I predicted moves in May and where it would bottom.
This chart is backing up my other trade at the moment check it out .
The chances are we will get a rally coming from this zone and this is a cycle bottom.
We now more overbought on the RSI than the covid crash of March 2020 , as you can see whenever we peak above the 70 zone we normally get a major bottom of some kind.
I use this chart alot infact I use it to trade with Bitcoin side by side it gives you amazing confirmation , check out the TA below , using this chart I predicted moves in May and where it would bottom.
This chart is backing up my other trade at the moment check it out .
The chances are we will get a rally coming from this zone and this is a cycle bottom.
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Sorry about the text labels , running ultrawide 5k monitor and there is no preview for publishing always comes out messed up
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This stuff is getting ridiculous now , blow off top incoming at one point!