USDT DOMINANCE UPDATE (4H)This analysis is an update of the analysis you see in the "Related publications" section
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
It seems that Tether Dominance has entered a large C wave.
There are numerous requests to determine the market direction in this situation.
Based on our analyses, it seems that Tether dominance will move as follows.
For risk management, please don't forget stop loss and capital management
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Tetherdominance
USDT Tether Dominance Overview: Scam Or Altseason?Hello, Skyrexians!
Today we are going to continue observe the charts which can be the evidences of potential altseason. Earlier we pointed out the Bitcoin dominance reversal and the potential impulsive wave 5 for altcoins dominance . Today we are going to look at the another very important chart of CRYPTOCAP:USDT.D to understand if we will see the altseason in the nearest future.
Let's take a look at the weekly time frame. Globally the chart is in huge uptrend, but last 2 years it is decreasing. We can count this dump as a major correction ABC in the super cycle. Waves A and B have been already printed. Wave B reached 0.61 Fibonacci of wave A, it can give us a great confidence that now USDT is in wave C. Moreover at the top of wave B our Bullish/Bearish Reversal Bar Indicator has printed the red dot, the huge bearish signal, as a result it's dumping now. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Wave C has the clear target between 1 and 1.61 Fibonacci extension levels of wave A. Now this zone is located inside the 1.55% and 2.77%. This is significant move which can cause altseason or this dump can be caused by some issues for Tether. Nobody knows, but finally there is a high chance that USDT is going to remain the position of the most popular stable coin.
Best regards,
Skyrexio Team
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USDT UPDATE (4H)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
It seems that Tether Dominance has entered a large C wave.
There are numerous requests to determine the market direction in this situation.
Based on our analyses, it seems that Tether dominance will move as follows.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
USDT DOMINANCE is close to a strong support levelThis analysis is an update of the analysis you see in the "Related publications" section
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
It seems that Tether Dominance has entered a large C wave.
If we reduce the time frame and want to analyze the movements of Tether (USDT) dominance more precisely, It seems that the asset is forming either a diametric or a triangle pattern.
In this scenario, we are focusing on the diametric pattern. From the green zone, the price could create an upward correction.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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USDT DOMINANCE UPDATE (1D)🔷 First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
It seems that Tether Dominance has entered a large C wave.
The Tether dominance is near a support level, which could lead to a correction in its downtrend.
Such a move can be anticipated for Tether dominance.
Let’s wait and see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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$USDT.D Has Fallen Off A CliffTrump's LANDSLIDE victory and Republican's controlling Congress has signaled full RISK-ON across the board in markets.
This has caused everyone to sell their stables for CRYPTOCAP:BTC and Alts.
Expect another 10% worth of CRYPTOCAP:USDT to be dumped into the market before we see a real correction.
This will put CRYPTOCAP:USDT.D ~3.8% which was the local top in March.
The correction should be short-lived as we make our way back down to 2-2.5%
Tether Dominance is very bearish (1D)It seems that Tether Dominance has entered a large C wave.
Any return of Tether Dominance to supply is a buy opportunity in altcoins.
We expect Tether Dominance to be supported from the lower green box.
It is better to forget sell/short positions for a while!
For risk management, please don't forget stop loss and capital management
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Tether Dominance UPDATE (4H)Due to the US election and the heavy decline and rejection, Tether Dominance is expected to reach the lower support range.
Support and resistance ranges are marked on the chart
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
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USDT DOMINANCE UPDATE (4H)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
When the Dominance Tether hits the red box, we expect a reject. This area seems to cause the cryptocurrency market to take a break for the continuation of the drop
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
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USDT Dominance can surprise everyone First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
the signs say that either wave G is not over or we have an X wave, which means that USDT Dominance can drop back to the green box.
If the green box does not support USDT Dominance it could be a deep drop.
Bitcoin's dominance is bullish, so the price of bitcoin can become very bullish in the coming days.
Even the news of the war could not bullish USDT Dominance, which means that the situation of USDT Dominance is bad.
We have shown the new movement of USDT Dominance with an orange arrow on the chart
For risk management, please don't forget stop loss and capital management
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Tether The Trumpet- 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% Dominance in Crypto Markets ?
- it would mean that 35% of peoples would prefer to stay in Stables Fiat and win nothing.
- Just using logic and combine FA + TA :
- This uper trend will be broken down soon or later.
- i just do believe that Tether have to crash at one point ( no matter the reason ).
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- So now a quick comprehensive explanation about Tether.Dom and how it works :
1 - When BTC down = Peoples swap their BTC to USDT (panic)
- USDT.Dom up !
- Tether stop the printing Machine and wait.
2. - When BTC up = Peoples swap their USDT to buy BTC (fomo)
- USDT.Dom Down !
- Tether have to restart the printing machine and issue more USDT to cover BTC demands.
- Yes it's simple as that..
- Tether is not really different than the FED.
- they just print more USDT from thin air when peoples want buy more BTC.
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- Remember that without BTC, Tether would worth 0$ and disappear.
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St4y Safe
Happy Tr4Ding !
$USDT Dominance BREAKS OUT of 232 Day Parallel ChannelCRYPTOCAP:USDT Dominance has broken out and Closed below its 232 Day Parallel Channel.
Expecting a test on the 200DMA.
Once that breaks, and we get the Death-Cross, CRYPTO GOES PARABOLIC
I’ll post a full breakdown of the Weekly Close on Sunday.
End of cycle target will be 2.5%
USDT Dominance UpdateThis analysis is an update of the analysis you see in the "Related publications" section
According to the previous analysis, the pump was done and reached the yellow range and then we saw a drop.
Upon further investigation, we found that the drop may not reach the previously analyzed areas.
Therefore, we have prepared an update.
Due to the strength of the drop, the up move does not look like a triangle and we see an ABC wave, we are now in wave B.
Wave B seems to be a diametric, which we are in the final wave (wave g).
From the green range, it can make a strong retracement upwards. Watch out for the green area.
For risk management, please don't forget stop loss and capital management
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USDT.D Update (1H)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
Due to the news of the war in the Middle East, selling pressure has been very strong in the crypto market for several days.
Tether's dominance has now reached the supply range.
In smaller timeframes, Tether's dominance can be rejected downwards
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Tether's Dominance Analysis (1D)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
One of the indexes that helps our risk management is Tether Dominance.
As you can see, this index can go up to the yellow circle and then it will not be rejected.
For risk management, until Tether's dominance reaches the yellow circle, we enter the symbols we analyzed with small volumes or we do not enter.
When this index reaches the range of the yellow circle, we will look for buy/long positions on Bitcoin and some altcoins.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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USDT Dominance is bearishFrom 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 chart.
Wave B is expected to end this month (September) or October.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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CRACKS ARE FORMING IN USDT DOMINANCE! THE END IS NEAR!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 this market, and companies like Circle (USDC), which are fully audited, as well as newcomers like Ripple's RLUSD, could pose a serious challenge to USDT if it doesn't prove its reserves through regular audits and restore investor confidence.
I personally believe that USDT is a Ponzi scheme, similar to the Federal Reserve, which continuously counterfeits dollars by minting excess tokens, with nothing but faith backing them. I also believe that the time of USDT's dominance is coming to a swift end.
Once RLUSD is released and available for purchase to Wall Street and Main Street, I believe that the majority of stablecoin holders will switch from USDT to RLUSD, as Ripple is one of the most transparent and reputable companies within the crypto space. I am one of these people.
Good luck, and don't put all your eggs in one basket!
#USDT : Your Key to a Beautiful Green Winter!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, but things are about to change quickly.
Thank me later, but for now, bookmark this post.
Big moves are coming!
Based on these two charts, I'll share 10 ALTCOINS with Entry and Exit points for the bull run.
So make sure you like and RT if you want me to post them soon!
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE