USDT dominance is bearishIt 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 trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
Tetherdominance
#USDT Important update , Must Read!🚨 Key Alert for #USDT 📈 : Keep this chart in your sights!
A sustained break above this crucial level could signal extended bearish trends in the market.
Expect red in the coming weeks, perhaps even months if this happens.
Regardless of the current altcoin trends you're observing, the data on this chart could significantly alter almost any bullish interpretation you encounter.
It's crucial to remain vigilant and always seek confirmation before executing any trades.
While my previous charts suggest a potential for further upward movement, the extended timeframe for this development is leading me to reconsider—perhaps a correction is looming.
However, a false breakout followed by a breakdown is all people are wishing for a green market!
I know I've been posting this USDT chart more often so you understand the significance of this chart. I hope you appreciate that with a simple like!
Please Do your own research (DYOR); this is not financial advice.
Stay tuned for more updates!
#Crypto #Bitcoin
Stay safe
#PEACE
#USDT Tether Update and Altcoins!#USDtether Considering this scenario plays out, you'll see green across the market, especially Altcoins!
I am working on a list of Altcoins you must consider adding to your portfolio with charts and deep fundamental analysis.
Previously the Alts like CREO ML ORAI AITECH did 5x to even 40x!
If you want me to make it public, like this post and retweet.
200 likes, and I'll consider posting the private list of gems!
#Crypto #Bitcoin #USDT
#USDTD 's bounce?#tether dominance chart is now on the ichimoku cloud support. Breaking this support will move #usdt dom. to lower orange box (Retest zone).This move will be good for #bitcoin #eth #sol #bnb #doge and all #altcoins .
If #usdtdom bounces here and continues rally, #btc and all #altcoins will suffer. Not financial advice.
USDT DOMINANCE UPDATE (1D)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
Note that the time frame is daily and time consuming.
It has reached a support and reacted.
It is expected to move up to the supply range and then drop again to the low demand.
It is expected that the high liquidity pools will be swept first and then the low liquidity pools. We have shown liquidity pools on the chart in $$$.
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.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#USDT Dominance: When AltSeason?My previous chart was hidden by tradingview because of some mistakes. So posting this again with a little change!
Tether broke the long-term support of almost 2184 days. This is an amazing development in the price action. The current level is the point for reversal. If there's any big correction happening, it should be around the halving.
TBH, this chart gives me chills. Imagine if this keeps dumping, you'll see $100k in the EOY! Of course, the road will be bumpy, but sooner or later, it's coming.
Alts will have their time after the halving, Possibly June -July to September 2024!
We could see some massive Alt Rallies!
Invalidation: This chart will be invalidated if we break and close above 4.81% in a weekly candle.
Do your own research, no financial advice.
I hope this chart gives you some clarity over your trade decisions.
Please hit the like button if you found it helpful and share your views in the comment section.
Thank you
#PEACE
#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.
Cryptocurrency - At A Crossroads...Reposting this just as the historic Ethereum Merge gets underway. (Original post from July was removed)
Since the March 20 low when the market cap was a measly 91 Billion, the crypto space added a whopping $2.7 Trillion before topping out in November 2021, an impressive 2700% jump.
The market has since corrected 74% to the tune of $2.25 trillion. We are now testing 2018 highs along with the 0.382 Fibonacci level.
We could also see that the space found support at the 0.382 during the 2018 correction.
The market cap has travelled in this ascending channel for about 5 years, it has now reached the critical red dashed trendline , you will notice that it tends to act aggressively here.
Price initially found some resistance before breaking through in November 2017. In August the following year, it failed as support and a 60% drop followed.
The trendline then proved to be resistance with a firm rejection in July 2019, price finally broke through in January 2021 before going on to make new all time highs.
Another crucial support being testing is the Simple Moving Average (Blue Line), we could see that price found support here during the 2018 bear market low,
& once again during the March 20 sell off. Should the SMA act as resistance, we may tread the bottom channel for some time.
Should the SMA, trendline & the 0.382 hail to hold, the 0.5 Fibonacci lines up nicely with the bottom support trendline, this is about a 50% drop from current levels. (My Ideal Load Up Zone)
If we look at the correction that took place in 2018, a similar 88% plunge will place us right at the 0.618 Fibonacci level. (Reload Zone)
On the flip side, should price action remain in this ascending channel, the bottom trendline will line up with 0.382 in January 2024.
It also marks a similar duration between the 2018 top & March 20 lows.
Over the last 18 months, it has certainly paid to be a US dollar bull, whilst everything else has fallen to pieces (it seems).
With its largest interest-rate increase in 28 years, the hawkish Federal Reserve signalled a strong determination to fight inflation, even if it ultimately takes a toll on the economy.
This has undoubtedly affected cryptocurrency. Despite Bitcoin's inflation hedge narrative, a speculative asset class was never going to be spared.
“Be fearful when others are greedy. Be greedy when others are fearful.”
Back in July, the Fear & Greed Index had broken the record for uninterrupted extreme fear.
The index had been in a range of extremely negative sentiment for a record 72 days.
The extremely negative sentiment had been in place since BTC collapsed from the $38,000 level on May 5.
Today, the Bitcoin Fear & Greed Index sits @ 27/100, narrowly avoiding extreme fear levels.
Are the bulls ready to turn the tide? Or will the bears continue the assault & send us to the abyss?
With PI Cycle theory flashing a bottom, market ripe with fear, miner + retail capitulation, calls for BTC to hit 0, market oversold with RSI+MFI @ record lows, tether dominance showing weakness, in my humble opinion - its time to DCA into positions.
There is no doubt, an interesting few years is upon us.
Good Luck!
Speculative Setup, DYOR.
#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 :
USDT.D ANALYSIS (NEW UPDATE)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
Let's see what is happening on the Dominance Tether chart.
The correction and drop has started from where we have inserted "Strat" on the chart.
From where "Start" is entered, a 9-wave symmetrical pattern has been created, which was wave A of our correction.
Thanks, we have had an ascending triangle that is now complete. This 4-wave triangle was our wave A of B, and now we have entered wave B of B.
From the green area, we expect a C wave from B upwards to form a big B wave.
The condition for the analysis to be true is that we do not have a stabilization below the invalidation level with the daily candle. (one daily candle)
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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.
#Tether Will $48k be the top or $52k is still on the cards?The rejection of USDT Dominance from the grey area recently contributed to the upward movement, pushing the price to $48k.
To sustain the momentum and reach the FWB:52K - FWB:54K level, the index must break below this channel.
In the event of a breach in the grey level area, FWB:48K could become the local top.
Let's hope we break down!
DYOR, NFA
Do hit the like button if you like my updates!
#PEACE