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COIN: #ARBUSDT
SIGNAL IS : SHORT !
As we can see, there was a good degree of selling pressure when the price was rejected from the barrier. The RSI and MACD charts show that the market was overbought and bending downward, and the MACD is opening short, both of which are signs of bearishness. And because Bitcoin pumped yesterday night, causing open trades and causing liquidity to decline, we are all aware that it is bearish. The market will now decline, causing the ALTS coin to plummet.
The USDT domination is surging, as we can see, which indicates that the cryptocurrency market will plummet. I've noted my analysis of the USDT dominance chart below.
The market is declining, as can be seen from the liquidation heatmap, because there is a lot of liquidity left below. A slight increase in the market can generate a large number of long positions, after which it will decline to reach their SL or liquidity price.
SIGNAL -
ENTRY -0.3740
TP - 0.3454
$ARB