USDT.D% Can Go Up by Falling Wedge Pattern✈️💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status.
📚What is Market Cap USDT Dominance% (USDT.D%)❗️❓
🔸Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance.
🔸The first is that investors put cash on the market from the outside, which is due to the unfavorable weather in the market. And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT. In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed.
🚀If USDT.D% increases, we can expect a correction in the cryptocurrency market .
🏃♂️USDT.D% is currently moving in an important 🟡 Potential Reversal Zone(PRZ) 🟡.
💡If you look at my chart, when USDT.D% first entered the PRZ, it formed a Falling Wedge Pattern and performed well. USDT.D% seems to have once again succeeded in forming a Falling Wedge Pattern in PRZ ( although this time, the pattern seems to be even more standard than the previous one ).
🔔I expect USDT.D% to rise to at least the 🔴 Resistance zone(4.72%-4.53%) 🔴 after breaking the upper line of the falling wedge pattern .
Market Cap USDT Dominance% Analyze (USDT.D%), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Tether
TETHER (USDT) COLLAPSE IS IMMINENT! With the United States about to pass strict regulation regarding stablecoins, which includes a measure to insure "Robust transparency, audit and reporting requirements," Tether is absolutely doomed, as they have consistently refused to confirm a 1:1 peg to the USD through an independent, third-party audit, which in my book, is because they're not doing it.
Something is fishy with Tether, and I would not be surprised if it has not maintained the 1:1 peg as it has claimed, but will soon be exposed as a fraud, and a ponzi scheme designed to benefit its owners at the expense of the general public.
On April 9th, Senator Kirsten Gillibrand (D-N.Y.) announced that:
"This legislation develops two paths for stablecoin issuers.
1- The first path would be for depository institutions that would allow for both federal and state bank charter depository institutions to become stablecoin issuers after an approval process.
2- The other path would be for nondepository institutions that would give the federal government supervisory authority over the state nonbank institutions while preserving states as the primary functional regulator."
This spells the end for Tether, and certain doom for any company whose business model relies upon it, such as: Exchanges, OTC desks, Trading Platforms and Wallets, Remittance Services and DEFI Platforms.
You were warned! Don't get caught holding the bag!
USDT dominance analysis in daily time frame
Due to the lack of price action area in the price ceiling of Bitcoin, I am forced to do dominance analysis to check the behavior of the market
The green areas are my main support area for the start of sharp upward movement for Dominance, and the price action patterns at the ceiling of the Dominance number indicate for me the registration of new ETH in Dominance.
For now, the good days of the market are over
INJUSDTINJUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
LINKUSDT|Important areas and roadmapHi guys
You can see the popular currency chart link in the daily time frame.
I have identified the important areas of supply and demand for you.
Although we have crossed the range area and we have a close candle above this area, but it is placed on an important daily supply area and also the return candle has stabilized.
To ensure the continuation of the uptrend, we need to wait for the daily supply area to break.
In the second scenario, we can enter selling positions in small time frames by seeing reversal patterns.
For the growth of the link, if he gives us a confirmation, we can expect to go up to the target (25.6-2703).
SUPPLY ZONE (17.2-18.2) - (17.8-18.8) - (25.6-27.3)
DEMAND ZONE (15-15.5) - (13.5-14.5) - (11.7-12.3)
VGXUSDT 1W LONG📈Hi all. VGX is a cryptocurrency token associated with the Voyager trading platform. It is used as a utility token on the platform, providing benefits such as cashback, interest on assets, and reduced trading fees for users. Timeframe 1 week. Currently trading at minus 97% of the 21 year high, it has been in accumulation for almost a year with increased volumes. I am considering entering the spot from current ones, as well as going long on futures upon a breakdown/retest of the triangle. Marked goals and levels on the chart.
HTRUSDTHTRUSDT is trading in descending parallel channel . The price was reacting well the support and resistance of channel.
Currently the price has given the massive breakout from descending channel and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.0920
What you guys think of this idea
ALGOUSDTALGOUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
STETHUSDTIs STETHUSDT exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence, suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 2720.
What you guys think of it?
#USDTD #Update "C" #USDT #Tether #Market #Cap #Dominance#USDTD #Update "C" #USDT #Tether #Market #Cap #Dominance
#AltCoins & #Crypto #Market #DUMP #Soon (( #Eddy ))
(( Everything is progressing as per the last analysis sent to you, I have updated the areas and path for you. be profitable. ))
Related Tether Market Cap USDT Dominance Analysis : (( USDT.D )) : Check Link :
Related Relevant Analysis of Bitcoin : (( BTC/USD )) : Check Link :
Rounding Bottom Pattern will Make Correction on Crypto market🚨🥳I hope you have a Great weekend.
📈Today, I want to analyze the Market Cap USDT Dominance% (USDT.D%) for you, which greatly impacts the cryptocurrency market trend.
📚 What is Market Cap USDT Dominance% (USDT.D%)❗️❓
🔸 Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance.
🔸The first is that investors put cash on the market from the outside, which is due to the unfavorable weather in the market. And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT. In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed.
🏃♂️What is Market Cap USDT Dominance% (USDT.D%) is currently moving in a 🟢 Heavy Support zone(5.35%-4.90%) 🟢near the Support lines and 200_SMA(Weekly) .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
✅In addition, USDT.D% has managed to form a standard Rounding Bottom Pattern , which can be a sign of the end of the downward trend of USDT.D% .
📚What is the Rounding Bottom Pattern❗️❓
🔸 The Rounding Bottom Pattern is a Reversal Pattern. It is also referred to as a saucer bottom pattern. It is a trend reversal pattern used in technical analysis to identify the end of a downward trend and the gradual price shift from a bearish to a bullish trend.
🔔I expect USDT.D% to be bullish in the coming hours and at least rise to the 🔴 Resistance zone(5.50%-5.43%) 🔴, which could cause the cryptocurrency market to a correction .
Market Cap USDT Dominance% Analyze (USDT.D%), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#USDTD #Update "B" #USDT #Tether #Market #Cap #Dominance#USDTD #Update "B" #USDT #Tether #Market #Cap #Dominance
#AltCoins & #Crypto #Market #DUMP #Soon (( #Eddy ))
(( Everything is progressing as per the last analysis sent to you, I have updated the areas and path for you. be profitable. ))
Related Tether Market Cap USDT Dominance Analysis : (( USDT.D )) : Check Link :
(( BTC/USD )) latest update link :
ELFUSDTELFUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
GTCUSDTGTCUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.3400
What you guys think of this idea?
📊💹 Tether (USDT) Market Insights 🌐📈📈 Market Cap Growth:
Tether's market cap increased by 4.7% in 2024, equivalent to $4.3 billion.
Indicates significant inflows of capital into Tether.
📉 Notable Observations:
Consistent spikes during New York sessions, specifically at 07:00 NY Local Time.
💹 Recent Inflow:
In the last two days alone, Tether experienced an inflow of just above $1 billion.
📈 Market Outlook:
The crypto market in 2024 appears poised for growth to new levels.
📣 Conclusion:
Tether's market cap growth and consistent inflows during specific sessions suggest increased market activity and potential positive sentiment.
Stay tuned for further market developments! 📰💹 #Tether #USDT #CryptoMarket 🌐📊
AVAXUSDTAVAXUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 25
What you guys think of this idea?
WorkX new Gem looking goodHello Guys,
I have not shared an idea in a while.
This new project has me feeling Verasity early vibes all over again, read my tagged idea and click on the play button of the chart.
Will this gem see the same price action? This is of course a guess.
Only a few months from the first listing, on Kucoin. Well-established staking program with the WorkX genesis NFT. Hard-working team. WorkX is listing on Gate.io tomorrow 30-01-24. Let's go!
On the chart, everything seems good. We have seen a break out of the downward channel. A symmetrical triangle formed and broke upwards, after a short bear trap. I am expecting a small retest of previous resistance, but it could also break free without a retest like these small market-cap gems can do generally.
As always: Trade safe and do your due diligence, please.
Greetings, Corné
TETHER is becoming increasingly more unstable.Tether is the biggest Ponzi scheme in the history of crypto and is becoming increasingly more unstable every day. USDT is subject to many factors, such as the rising and falling value of the dollar and the constant increase of Tether into Infinium to manipulate the price of other cryptocurrencies that are solely reliant upon USDT for purchase.
I do believe that we will see a day in the very near future when Tether (USDT) will collapse and lose the vast majority of its value overnight, much like the TerraUSD/LUNA collapse, except it will be orders of magnitude more extreme as Tether has a market cap that TerraUSD could only dream of, even in its heyday.
If you hold large amounts of TETHER on any blockchain, you're taking massive, unseen risk.
SOLUSDTSOLUSDT is trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price is trading at the apex of the triangle and is about to give the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 126.
What you guys think of this idea?