📈 Tether Dominance, The Final ConfirmationIncredibly enough, some people still have doubt that Bitcoin and the Altcoins will continue to grow.
Here is the final confirmation in the form of a strongly bearish USDT.D chart.
Remember that one mentioning this thing is about "to speed'...
Well, this "thing" has more down to go before it finds support.
At least one more strong red candle, then a small bounce before more lows.
Namaste.
Tether
📈 Tether Dominance Chart Updated | USDT.D 7.08% = BTC $20.5KNow that we have a clear picture, now that the bearish bias is basically confirmed... Let's update the chart.
Tether Dominance will drop and we have targets at 0.5 Fib. retracement coinciding with MA200, a sure stop, followed by 0.618 Fib. retracement golden ratio coinciding with value area.
Now, how much would bitcoin grow if USDT.D falls to these levels?
Bitcoin is sitting right now at $16,950 and a drop by USDT.D to the first target of 7.53% would put bitcoin in the $18Ks.
The next target, the Fib. retracement golden ratio, sitting at 7.08% of Tether Dominance, would put bitcoin above $20K....
And that is only the beginning, we are looking at a long-term bearish wave for USDT.D based on the long-term lower high.
Which means that bitcoin can do much more... But we go step by step, this is only how things start.
Namaste.
✴️ The Sandbox Also Hits Bottom | Prepare For Bull MarketThe Sandbox (SANDUSDT) hit its All-Time High back in November 2021.
From this high so far we've seen pure red and a total of -95.58%... Isn't that enough?
Well I did mention that altcoins vs tether (ALTSUSDT) pairs tend to correct 93, 95 and to up 98%... But the 98% happen for the unknown altcoins.
Big projects such as this one tend to stop at around what we see now!
The BTC pair, which we will look at next, will have less than 90% as mentioned in the MANABTC trade idea.
The TD Sequential is giving us a signal... Lovely I know.
The perfect negative 8 and 9, shows up when a trend is about to reach its end.
Can you see the magic green arrow?
That's what we can expect in the weeks and months to come.
But what about the FED, Covid, FTX and all the rest?
They will continue living.
The press will continue printing negative headlines.
When it is very late in the cycle, they will start to change their tune.
We are a bit ahead because we are reading charts.
They are reading what other people have to say.
Do not worry about such things as headlines and news from commentators... The charts have all the information you need and we use them to trade.
- If SANDBTC goes below 0.3750, we close whatever buy at a loss. ❌
- If SANDBTC stays above this level, we wait for prices to move up. ✅
- As SANDBTC moves up, we sell and collect profits, that's all. 🏆
If it goes down, it is a loss.
If it goes up, we won.
Low limited/calculated risk (17%) with high potential for rewards (380-620%+).
Disclaimer: This is not financial advice. For this to be financial advice you have to pay me and I would have to be a financial advisor. Unless you pay me for advising you financially, I cannot be providing you with financial advice.
I am just reading the chart and sharing what I see, together with my opinion and experience and I hope you enjoy it! 😅😄
Namaste.
📈 Tether Dominance Speed...The drop here is about to speed up, the one we mentioned in the last update/trade idea, and additional confirmation is coming in.
12H, USDT.D printed a strong rejection while trying to move back above EMA10 and EMA21
This rejection pushed the index down to below EMA50 as well and the RSI is turning weak.
A sudden drop is about to take place... We don't know if it happens within hours or several days.
As soon as it happens though we can see the inverse reaction for bitcoin, the altcoins, to take place.
A nice jump, everything will move up 1 full level... The relief that we've been waiting for.
Thanks a lot for your continued support.
Feel free to Boost 🚀👍 if you like!
Namaste.
📈 USDTD Bearish Wave! +Bitcoin +Altcoins +2023 & Beyond Mapped!The wait is over...
We are getting confirmation from this chart, the Tether Dominance bearish wave is about to start and likely it will go fast.
USDT tokens will be flowing to bitcoin and the altcoins.
Bitcoin and the altcoins will grow together for a while.
Bitcoin will go ahead after a few weeks while the altcoins stay behind.
Bitcoin will steal the show for a while.
While bitcoin moves ahead the altcoins will enter correction mode/retrace.
Once the altcoins stop their correction it will be bitcoin's turn.
The altcoins will print a higher low and grow, money flowing from bitcoin to the altcoins.
This will create momentum, there will be hype and new players will enter the game.
It will be a small bullish breeze but it will stop once again.
Around March, late... We will be back to the energy/feelings we had in 2021 for 3 long months... It will feel like the end of the world but at the end there is always a new start.
My calculations are pointing to 2-3 months bullish followed by 3-4 months bearish...
Then another consolidation phase at low/bottom prices before the next market phase starts.
2023 will be an interesting year...
The year Crypto Recovers.
2024 will be an interesting year...
The year Crypto Grows.
2025 will be an amazing year...
The next Crypto Bull-Run!
Namaste.
Return to the mean HI again and welcome to my new update.
We have seen very weak year ending in stock and crypto market.
So I refresh chart while remaining almost the same.
Trends went sideways, however I personally see more downside in Q1 and maybe Q2 period.
This would lead to achieve my long-term buy zone.
Everything important is matched in my daily chart.
Yours Emvo.
*This is not any financial advice.
tetherus and litecoin making their roundsalt season starts when btcusd goes sideways in a macro bull market, or near bear market reversals. if we get continuation of this downtrend it will lead to wyckoff accumulation in spot btc, and the dollar will probably lose as the stock market gains when that reversal occurs. all of this pushes tether and alts up vs btc and usd, and that should cause reversal in the btcusd downtrend.
Exploring the Near-Term Risks for the Tether (USDT) PegTether isn't looking too hot right now. I haven't calibrated Cycles to work with stablecoins, but I'd assume that the seasonal current (purple) crossing the yearly current (fuchsia) is... problematic.
Maybe don't keep all your funds in $USDT.
The clustering of energy confirmations is also a very poor sign for $USDT. (Not enough historical data to say what comes after, though.)
BITCOIN: A Crash To $13.7k - $11k Is Brewing ! ! Today ( Christmas, 12/25/2022 ), Bitcoin completed a small "buy the rumor, sell the news" event. Expectations of a 'Santa Rally' were the rumor (pump), while Christmas day was the news (dump).
With the completion of this move, Bitcoin is now teetering on the edge of a cliff! I'm short BTC , targeting $13.7k - $11k .
Bearish BTC catalysts include:
Binance insolvency : The recent FTX collapse has spooked cryptocurrency investors with assets on exchanges. Consequently, investors are removing liquidity from exchanges at a record pace. Most of these outflows have come from Binance, which accounts for >50% of the cryptocurrency spot and derivatives market. If Binance declares insolvency, then we can expect the crypto market to fall by another 50%. If Binance fails, we may expect Tether, Tron, Grayscale, and other exchanges to collapse.
Volatility spike : The cryptocurrency volatility index is at historical lows. Volatility slowdowns typically lead to explosive moves. In this case, we can expect an explosive move to the downside.
United States cryptocurrency regulation : On December 23rd, the US Treasury delayed its tax reporting rules. The US intends to enforce these rules 'soon.' The execution of cryptocurrency tax requirements should drastically affect crypto prices, as Defi protocols and Layer-1 networks will soon be required to collect and send user information to the IRS.
SEC vs. Ripple settlement : The SEC vs. Ripple lawsuit is expected to settle between March and June 2023. It is believed that the SEC will win this lawsuit, causing XRP to be officially recognized as an 'implied' security. Following this case, all Proof-Of-Stake cryptocurrencies will become 'implied' securities, while Proof-Of-Work cryptocurrencies will be recognized as commodities.
Long DOT vs USDTWe can see DOT is forming a triple bullish divergence on 1H and that is usually a pretty good sign for a long in crypto.
DON'T RUSH THE TRADE.
For confirmation, first we want to see the price to go back above $4.42 and hold. That will be my trigger.
Stops will be at the last low at $4.37.
This is a short term trade, I believe DOT will go lower in Q1 2023, so take profits if the market gives them to you.
Ethereum Recovery Marked by Higher Low | Bullish SignalsThe last two candles closed green/bullish for Ether (Ethereum's native token)... Let's have a look at some additional bullish signals.
The higher low was set yesterday, 19 Dec 16:00, with a Doji.
This Doji is a lower low compared to 14 Dec but with lower volume.
If prices move lower yet volume decrease this is a sign that the drop is coming to an end.
We have a higher low 19 Dec compared to 22 Nov.
We have an ascending channel.
ETHUSDT moved and closed above EMA10 and EMA21.
Prices bounced before reaching the 0.786 Fib. retracement level.
ETHUSDT is currently trading above the Fib. golden ratio of 0.618.
The RSI is back on the bullish side, above 50.
These are all bullish signals on the short-term.
This analysis is invalidated below 1134.
Thank you for reading.
Remember to boost 🚀
Namaste.
📈 Tether Dominance Bullish vs Bearish PotentialThe Tether Dominance Index (USDT.D) is now bullish as it continues trading above EMA10.
Let's look at the potential for a reversal; early bearish signals.
- Lower high mid-term. June vs November.
- Decreasing bullish volume. As USDT.D continues to move higher the weekly trading volume goes lower, giving us an early signal of weakness.
- RSI bearish divergence. Divergences tend to happen between tops and bottoms.
These are just early signals and the trend is still bullish but we are looking for a potential reversal.
Tether Dominance moves inverse to bitcoin.
- If USDT.D goes up, BTCUSD goes down.
- If USDT.D goes down, BTCUSD goes up.
That's why we track this index in search for confirmation/additional information to support what we see on the bitcoin and Altcoins charts.
Namaste.
Monitoring USDT- Absolutely not a prediction.
- Just doing this chart to observe 1D (smaller timeframe) on USDT Dominance & Sharing.
- I usually like to use larger TF to reduce the noise on charts ( 1W, 2W, 1M, 3M ).
- USDT.D have to break out 8.4% before 13th December.
- if it does, could mean BTC more downward pressure.
- if it fails, BTC could rally up.
- Patience is the key.
Happy Tr4Ding !
EOS Breaks August Downtrend (Can Grow 60%)The downtrend that started for EOSUSDT with the last peak in August 2022 has been broken.
The last two sessions clearly depict a fight between bears and bulls won by the bulls.
EOSUSDT is trading just below EMA50 with a short-term bullish bias.
Additional growth can happen.
We can see a target mapped at 60%.
Easy target can be found at 30% above the current price.
This chart is similar to many other Altcoins, more evidence pointing to a new relief rally for the cryptocurrency market ahead.
Namaste.
Tezos Correction -90% From ATH | Will Grow For 2+ Years After...Tezos (XTZUSDT) has done a massive -90% correction from its All-Time-High and so far hit its November 2019 low levels.
Just a bit lower and XTZ will be trading at All-Time-Lows...
You know what we love to say; Once we hit bottom, the only place left to go is up.
One final drop and the bear market is over for this pair.
It can go lower to a total of -91 to -93%.
After this last move, painful I know, we are very likely to see higher highs and higher lows for years to come.
Over two years of bullish action... All through 2025 and beyond.
Stay strong, the best is yet to come.
Namaste.
Binance Coin Final Shakeout Of 2022 | 2023 RocketShip!We are about to see the final shakeout of the year 2022 for Binance Coin (BNBUSDT).
After this shakeout, we are likely to see green to start positive the year 2023.
We are looking at mainly two scenarios.
#1 | The green arrow if the bears are weak, bulls strong, we get just a small shakeout that ends in a higher low and soon growth.
#2 | The red arrow if the bulls are weak, bears strong, a retest of June's low and then 1960s technology rocket-ship up.
Keep this in mind.
Our phones, TVs, computers and all technology advances very fast, everyday... Floppy, CDs, DVDs, Blue-Rays, USD Sticks.
But the spaceships... Oh wait, rocket-ships because they never moved ahead.
The rockets have the exact same technology as in the 60s... What about that?
Namaste.
Siacoin vs USD Long-Term | 2 ScenariosHere we have two scenarios for Siacoin vs Tether, Long-Term.
Scenario #1 | Another drop before a bullish wave:
Here is an alternative view if a bullish wave were to develop now:
It is too early to say based on chart signals.
The signals are not clear enough.
We will revisit again in the near future.
Namaste.
Elrond vs Tether | Up To 70% Potential Mapped (Early 4U)Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation.
We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential.
We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts.
Cryptocurrencies, Altcoins, grow wild and strong.
There is high volatility but being conservative you can't go wrong.
My job is to give you a great entry.
My job is to call your attention to these pairs BEFORE they breakout.
If you manage to buy before the action starts, the rest becomes easy... You can just sell on the way up.
Once in the green, you've won.
Buy early and hold... Let the market take care of the rest.
Thank you always for your continued support.
Namaste.