Now trading above the symmetrical triangle, USDT.D has broken through the Ichimoku cloud barrier as well as the symmetrical triangle. We might see an increase in USDT.D if it breaks above the horizontal resistance zone and successfully retests this level.
On the other hand, it is possible that the horizontal resistance zone will reject it. The movement of USDT.D is inversely related to the cryptocurrency market, which means that an increase in USDT.D usually correlates with a fall in the larger cryptocurrency market. This is an important concept to grasp.
For this reason, keeping an eye on these resistance levels and the responses that accompany them is crucial to forecasting future market patterns.
