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Tetherdollar

Market update: Relief or more Dump?USDT dominance is currently hitting three major resistance levels: 1. 100 EMA (blue) 2. 50 SMA (red) 3. 8-month-old trendline resistance (blue) This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally. Invalidation:- Close above the red zone. dyor, nfa Do hit the like button if you like it and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:USDT.DShort
by Cryptorphic
5
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.
COINBASE:USDTUSD
by MetaShackle
#USDT Dominance signalling a Buy Signal, EXIT ALTCOINS OR WAIT?Tether Dominance Analysis: ☑️ A slight rejection is visible; historically, rejection leads to continuation, while a breakout triggers an exit from the market. ☑️ G-Trend has already triggered a buy signal, implying a shift to selling altcoins for USDT. ☑️ For confirmation, altcoins might dip a bit more. ☑️ The blue trendline and the 6% level are crucial points to observe. I exited 40% of my altcoins which had vertical moves on the 4th Jan right before the bleeding started. I have plans to buy back lower but not unless I see some confirmation! Do hit the like button if you like my updates and share your views in the comment section. If you do, I will let you know when the sentiment changes! #PEACE
CRYPTOCAP:USDT.D
by Cryptorphic
4
#USDTether Your Altcoins are Dumping? What to do? Let's analyze: Dominance Update: Even though Altcoins aren't reacting as expected while BTC remains relatively stable, Tether (USDT) is in a tricky spot. The uncertain situation, often called the "grey area," is holding things together for now to some extent. If the dominance goes above 6%, it could signal a trend reversal. Keep a close eye on this chart – it's like your crystal ball for market insights. For the current trend to continue, we need a rejection at this level. Breaking through won't be easy, but it's possible. Stay alert for signs that support or challenge this analysis. DYOR, NFA #BitcoinETFs #Bitcoin Do hit the like button to support my content/ Thank you #PEACE
CRYPTOCAP:USDT.D
by Cryptorphic
1
#USDT dominance giving us a hit to our Bitcoin's Local TOP!#USDT Update: Tether has shattered every support, mirroring Bitcoin's breakthrough of resistance. The 5.26% area emerges as a potential next target, hinting at further upside for Bitcoin. While Bitcoin's chart signals a local top near $40.2k, this breakthrough could spark a rally to $42.8k, a significant long-term support turned resistance level. So, our $40k+ target remains plausible as long as $35k holds. Cheers! 🚀
CRYPTOCAP:USDT.DShort
by Cryptorphic
7