Not Much More Room for Tether To RunTether dominance is sitting around 8.5%, it tops around 9.5%. That's it, that's the most tether dominance can be without the token unraveling.
We get another sell-off tomorrow and bitcoin is around $14,000 and tether dominance around 9.5% that's almost a guaranteed bottom. Unless, the tether ecosystem melts-down, which is possible. Max-fear right now.
Tether
Bitcoin and cryptos - time to bail? too late? safe haven?This custom chart that I post periodically continues to have excellent TA.
Right now it's reflecting the volatility from recent crypto events, and less obviously but more importantly, that gold has bottomed.
The spike upwards is showing us where things are headed - bullish for precious metals compared to cryptos.
BTC *may* have found it's bottom (for now, though I see it headed lower still in 2023), regardless gold and especially silver will be bringing this ratio much much higher in the coming weeks, months, and years.
So if you really want to maximize your crypto gains (this is not financial advice), it might be prudent (and for some, counterintuitive) to pull out of crypto (no, it's not "too late") and dip in to something that CANNOT go to zero: precious metals.
But how you ask? There is a platform that does this reliably that I have done my own due diligence around (please do your own DD too), however trading view does not like me to tell you about it here. (Maybe check the comments ;)
Good luck out there everyone!
The world’s biggest stablecoin has dropped below its $1 peg.Tether's USDT Stablecoin Slips From $1 Peg.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
USDT.D 4H Analysis Tether Dominance Analysis
This index has now entered the falling structure, but one thing you should note is that this index must reach the orange ranges (Supply) to continue this movement, and from these ranges, confirm the indicators or see the candlestick patterns. which will be in the process of falling. Of course, this index can confirm this movement in two supply ranges of 7.20%-7.40% with price action patterns such as head and top or double top. Otherwise, the correction of this index will mean the end of the falling process and the beginning of a new upward cycle for that domain.
So, for now, you should wait for the reaction of this index to the orange supply ranges in the 4-hour time frame.
BITCOIN Daily 11.7.2022
Bitcoin in the green boxes of order blocks can be suitable for buying by observing the stop loss.
These ranges are actually mid-term demands. If you trade in futures, you can place limit orders in these ranges.
Do not trade in the middle of the trend.
In the weekly trend, Bitcoin has not yet risen with certainty, so don't always forget about capital management
USDT Dominance on Track. More Blood Ahead??Hope you followed, The market is a little red today.
Expecting more blood in the next few Days.
Opportunistic times are ahead so there's nothing to panic tbh.
The horizontal support has been respected by the index.
My plan is to accumulate BTC and some altcoins on spot.
For leverage, I will wait for the reversal in LTF.
I will keep you posted.
Also, I will post some altcoins that I am thinking of accumulating in the first 2 weeks of November.
So follow me if you haven't yet.
Stay tuned
Do hit the link button if you like these short updates.
Thank you
#PEACE
#USDT Dominance, Bounce Ahead. BE CAREFUL!!Welcome to this important update on Tether Dominance!
Reasons to Follow me?
*10 Years in Trading!
*8 years in Crypto (Full Time Trader)
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias, Long Term Premium Updates for possible BTC Top and Bottom.
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Markets
Let's get to the chart!
Tether has been following our plans perfect for the last few months.
Keeping an eye on this chart keeps you one step ahead of others.
As you can observe in this chart, Dominance has reached a mid-term demand zone where we can expect a little bounce. This will result in some profit-taking by the leverage traders.
The time perfectly matches with FOMC Dates beginning this week.
It will be volatile, this bounce will give us some good opportunities to position ourselves in BTC and Alts.
MY PLAN:- The plan is to avoid the FOMO and enter in the red market, possibly Tuesday and Wednesday.
I will post more trade setups in the next few days SO FOLLOW ME IF YOU HAVEN'T YET!
Disclaimer:- This is not financial advice Do your own research.
If you like this chart, hit the like button and share your views in the comment section.
Thank you
#PEACE
BTC Short ScalpNew Free Scalp Signal
====================
#BTC/USDT
Exchanges :Binance & Kucoin Futures
SELL LIMIT
Leverage : 10X - 15X
Spot& Future
Entry : 20850$- 20800$
Target 1 : 20700$
Target 2 : 20.650$
Target 3 : 20.550$
Stop loss: 20.950$
Analysis Method: Order Blocks+ Volume profile
Risk/Reward Ratio: 6
SATAN (Desert Eagle)
10.30.2022
Doge Short setup💸New Free Signal💸
====================
⚡️#DOGE/USDT
🏛Exchanges :Binance & Kucoin Futures
📈 Sell Limit
💎Leverage : 10X - 15X
▶️ Spot& Future
🟡 Entry : 0.086$-0.0835$
🟢 Target 1 : 0.075$
🟢 Target 2 : 0.072$
🟢 Target 3 : 0.059$
🔴 Stop loss: 0.089$
📊Analysis Method: Order Blocks+ Volume profile
🆚Risk/Reward Ratio: 7
➖➖➖➖➖➖➖➖
👤 Desert Eagle🦅
📅 10.28.2022
⚠️ (DYOR)
Good Luck Traders📉📊
BITCOIN Analysis 10.25.2022#BTCUSD (BTC)
Time Frame : 6H (Update)
ENGLISH : Exactly according to the analysis of the previous week, Bitcoin has been felt to $18,670! (the important Demand Zone that was mentioned before) after that, it was accompanied by demand pressure and managed to grow up to $19,690! As you can see, this was an important supply range that I mentioned last week (related analysis) ! (The overall view is still bearish). The demand ranges will be $18,470 and $17,700 respectively!
Analysis Method: ICT+ Supply&Demand
SATAN
10.25.2022
(DYOR)
This is bitcoin with out tether printing I’ve said it many many times - this is bitcoin with out tether printing and manipulated exchanges who are in on the act
$USDT with bitmex and Bitfinex, and others have robbed most of you who leverage blind
Now sec know this tether and it’s criminal financing have gone very quiet with their billions in thr bank
You where warned by many non maximalists along time ago
Bitcoin 4H Analysis UpdateBitcoin continues its downfall because of global market pressure. The US stock market wiped out $930 billion yesterday. BTC needs to hold above the $18,000 support otherwise we see a heavy sell-off and stop-loss trigger in the market that will start a chain of selling and dump the market. Keep tight stop loss in all trades.
USDT Dominance at decisive point. Here's what to expect Next!!Understanding Dominance:-
USDT Dominance is inversely proportional to market movements.
If it dumps the market will pump and vice versa.
Technical Analysis:-
As we speak the dominance is approaching the resistance zone consisting of two trendlines intersecting each other.
This happens to be an important point for the market.
Remember if you zoom out, a break and close above this channel will result in more dumps in the market.
Whereas if we break the lower support, the green zone. BTC can rally towards $22k again.
Keep in mind we are stuck in the range of $18.5k to $20k.
CONCLUSION:- This last quarter is likely to be bullish IMO so sooner or later, am expecting this range to break to the downside.
Do your own research, this is not financial advice.
If you find this update helpful, Hit the like button and share your views in the comment section.
Thank you
#PEACE