Bitcoin To Continue Higher as Tether Dominance Goes Lower

2022年5月30日

We continue seeing bearish signals on the Tether Dominance Index (USDT.D) chart.

Yesterday we looked at the long-term chart and the RSI (weekly), the signals were clear there.

Looking at it closer today, our view remains the same.

- We can see prices moving below EMA10 on a full bearish candle.
- The RSI is trending down strong.

These signals are pointing lower.

The blue space on the chart is the main target/support.

Namaste.