USDT has completely dominated the stablecoin market for a long time now, but cracks are beginning to form in its foundation that could cause the whole structure to come crashing down. People are losing trust in USDT, even though the vast majority of trading platforms use it as the sole medium of exchange on their platforms. Competitors are turning up the heat in...
From where we entered "start" on the chart, it seems that the dominance correction has started. It looks like we have an ABC on the chart that we are now at the end of wave B. Wave B seems to be symmetrical, which is symmetrical in wave i. It seems that after the completion of wave B, we have a bearish wave C for dominance. The targets are listed on the...
Is this rational? Absolutely! Is this possible? Without a doubt! BTC Dominance may keep rising for the next few weeks followed by a very strong rejection. You'll see double and even triple-digit gains in a single day in altcoins. Don’t sell your BTC and altcoins for cheap just yet. We may see a bit more of this boring price action and possibly one last shakeout,...
Tether's dominance is near a resistance range that was the origin of a strong drop. In that range, we expect the reaction and the downward trend of the candles. The targets are marked on the chart Closing a daily candle above the invalidation level will violate the analysis. Note that the financial market is risky, so: Do not enter a position without setting a...
From where we placed the green arrow on the chart, it looks like a diametric diamond is formed on the chart. Now it seems that we are in the last wave of this diametric (wave G). It is expected that this wave will end soon and we will see a drop for Dominance Tether. Closing a daily candle above the invalidatio level will violate the analysis. invalidation level...
I think crypto market going to up. This is total1 / USDT.D chart. I draw before bull market cycles. Now we at bull market again and with BoS in full chart. So this bull market will better from previous bull markets.
#usdt #tether dominance rallied too much in June. But it's not over? #usdt may have a Elliott's 3rd minor wave impulsive move to reach the higher red box. Losing current zone is the invalidation.
- On this Chart i use zero indicator and just the trend. - Some basic supports and resistances. - What we can see and deduct ? - Tether jumped from 0.01% to 1% dominance from 2015 to 2018. - from 2019 to 2023 USDT.Dom growed from 1% to 10%. - now the trend is still evolving in a steady broadening trumpet formation. - Do you really believe Tether would reach 35%...
#Tether is facing multiple daily rejections. As long as we stay below the red resistance zone, altcoins will experience some relief while BTC will move within a narrow range. Close above this resistance could push BTC below 64k. Keep an eye on the 5.05% level. Let me know what you think in the comment section and do hit the like button if you like these short...
Teter Dominance Analysis Daily and weekly time frame I expect Dominance Tether to move to the bottom of the daily zone which is 5.88. Bitcoin is going to be dumped?
This divergence may cause #usdtd #usdt dominance to weaken for a short time frame, thus #btc and #altcoins may have some bounces. Not financial advice.
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...
From where we put a green arrow on the chart, it looks like a bearish triangle is forming on the chart. Now we seem to be in wave E of this triangle. In the red box, this E wave can end and we can witness the drop dominance tether. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis. For risk...
#usdt #tether dominance chart about to have a parabola continuation but also made a bearish RSI divergence. If divergence plays out, #btc #eth #sol #bnb #xrp and #altcoins will have some bounces. Parabola continuation suffers the market. Not financial advice.
It has a bear structure. USDT dominance has created a resistance line and a supply range. It was expected to drop from the supply range towards the TPs The TPs are clear in the chart. Closing a 4-hour candle above the invalidation level violates the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and...
While #usdt #tether dominance dumped after #eth news, is now consolidating and formed diamond pattern. This pattern sends the index where it has fallen or bounced. Thus, this may be bullish but market is not weak, yet. Not financial advice.
With bullish news on #eth ETF, #usdt dominance is dumped, but now holding on daily ichimoku support!.. Bounce here may may be deadly. Not financial advice.
#usdt #tether dominance chart is rising after bullish divergences occured. Short term continuation is expected. Not financial advice.