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Tetherdominance

#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
ETH Leads the AltsTraders, Sorry for the infrequent posts lately. I have been feeling under the weather. But TBH, it was good timing. As stated in my previous post, I expected alts to draw back 10-15% or more pending indications. So far, I think it's safe to say we've had our 10-15% pullback. Now, the question remains, will that steep ascending TL I talked about seeing on all of the altcoin charts hold. For ETH (as well as some other alts) it has not. And if Eth leads the alts, which it does, we can still expect more pullback. But how much? There are a couple of things to look at here on this chart: #1 Will our support at 2120 hold? If that 50 day SMA comes up to help, it just might. However, to gain a broader context and therefore, a more accurate current scenario, it helps to visit some other charts to understand what's going on here. First, let's take a look at Tether Dominance: You will observe most importantly that Tether dom has broken an import TL on the RSI to the upside. This most likely means that traders are currently selling mostly BTC and also large cap alts but are NOT going back into mid to low-cap alts. They are staying in stable and will probably continue to do so for a short time. Total2 is also giving us possible clues here: You can see that though Total2 has not yet broken that steep ascending TL, it's now looking more probably that it will. Why? Well because it is more probably that we retest previous major resistance (that big red Level of support) than that we hold current support. From a technical perspective, a retest of our previous resistance is highly probable and quite honestly, needed, for further continuation to the upside. #2 That level on the RSI is starting to be broken. Now, it may hold by the time the candle closes today, but this is something we must watch closely. Remember what I said in the last video? These levels on my RSI charts are currently acting as lead indicators for the price levels on my charts. We saw that several major levels had been broken in my video, and that is why I was so certain we'd get this 10-15% pull back. Here again a good support level is current being tested and may break. So, it is possible that if it does our 2120 support would also then break. This would domino into alts for an even deeper retreat where we could start to look to buy long again. So far, this has been a healthy little pullback. And I think we could see a little more before it's time to re-enter longs. Stewdamus
COINBASE:ETHUSDShort
by stewdamus
#USDT Dominance :- This move will push BTC to $42k+Tether is retesting the support-turned-resistance trendline below the mid-support of the channel. This is good news. A move to the lower side range of 5.65% will trigger a rally throughout the market. this move seems highly likely to complete the pattern. Invalidation will be a close above 6.75% in the Daily chart. So far it looks ready for a FREE FALL. Let me know what you think in the comment section and do hit the boost button to support my content. Thank you #PEACE
CRYPTOCAP:USDT.DShort
by Cryptorphic
3
#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
#usdt dominance #usdtd is preparing a bounce assault?After losing the bullish triangle and #btc pump, #usdt dominance lose weight. But, now USDT.D formed a falling channel that would possibly break out upwards. If #usdtdom breaks up, this will be a blood bath for #cryptocurrencies. If, #tether dominance breaks down and dumps out of channel this will be a rally for market (the invalidation scenario). First one is more probable for now, we' ll see. NOT FINANCIAL ADVICE. Don' t take positions due to my posts.
CRYPTOCAP:USDT.DLong
by naphyse
Tether's dominance will soon be bullishFirst of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT. Tether's dominance has reached key support, but don't rush to sell your assets! But be careful. Some altcoins have not yet touched their bullish target, each chart should be checked individually. Probably, after a few weekly candles in this area, Tether's dominance will return to the top to complete the g wave. As Tether's dominance returns to the upside, Bitcoin will probably reject towards the 31000-32000 range.
CRYPTOCAP:USDT.DLong
by behdark
2
BTD.D & USDT.D -----> What's Happening?As I said before, I will say again that the market will always give you another chance to buy and there seem to be signs for this second chance. Possible scenario for me: Pullback to the broken levels of dominance by Tether and Bitcoin in the coming days and try to collect liquidity from the market and stop hunting small traders like me! Then the return of dominance and the price of Bitcoin to the upward trend of the past . and activating stop losses of positions in the opposite direction and possible shorts again! What do you Guys Think about Btc.d and Usdt.d?
CRYPTOCAP:USDT.D
by thegreatoneinthemetaverse
USDT.D looks bearish!Hello . Today we have an analysis of USDT.D First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT. Through my investigations, I found out that Dominance Tether is constantly in descending CHs and has recently formed a resistance OB. It can have up to two lower green areas. I also specified the invalidation level, closing 1 daily candle above this level will violate the analysis. Be careful, the fall of Dominance Tether may not cause the pump of some altcoins, so every position you open on any altcoin, examine the chart of that altcoin and pay attention to the details.
CRYPTOCAP:USDT.DShort
by behdark
10
Tether's Dominance Aanalysis (4H)Tether's Dominance, after creating a bullish CH and the BOS it had, climbed and ran into a fresh Order Block and has now reacted to it. Inside this OB, we also have a QM Level that has increased the power of this supply area. Also, a liquidity pool that I have shown in $$$ has been collected According to the movement of Sharp (ifc) and the lack of trading liquidity, it is expected that the price will move towards the swap support area after settling down a bit. As you know Tether Dominance moves inverse of BTCUSDT. This means that Bitcoin and some altcoins may go a little higher.
CRYPTOCAP:USDT.DShort
by behdark
4
📈 A Year Long Head & Shoulders Pattern & Volume SignalLooking at USDT.D short-term we can see lots of weakness. Looking at USDT.D long-term we can see a pattern of decreasing volume. We have a year long Head & Shoulders pattern, a huge pattern, that will lead to a massive crash on this index, money will flow from this and other stablecoins to Bitcoin and the Altcoins as the Cryptocurrency market grows. This long-term volume dropping pattern tends to precede a massive crash. If you notice Bitcoin and many Altcoins, their volume lately has been up to All-Time Highs. Since these are growing, their volume hits new highs and continues to go up (in 2023). Since Tether Dominance is set to shrink, its volume continues to go lower and lower until there is a breakout and the bearish volume has a strong increase. Let me show you three examples using some of the biggest exchanges. Here is Bitcoin's volume long-term on Binance | BTCUSDT (see the increase) Volume is going up, while USDT.D volume has been going down. On KuCoin volume has been growing since 2020 Coinbase is the same... Just some examples, because the dropping volume on the USDT.D chart is pretty obvious. Namaste.
CRYPTOCAP:USDT.DShort
by AlanSantana
4
BTC mining in South America for Tether adds to the longAre you ready to take your mining game to the next level? Look no further than Tether's latest venture in Uruguay. With its stablecoin technology and top-notch infrastructure, Tether is poised to revolutionize the mining industry. Join us as we explore this exciting opportunity and discover how you can reap the rewards of this cutting-edge technology. Also , Tether's recent $1B USDT mint on Ethereum is for chain swaps! This clarification comes straight from the Tether CTO, so you can rest easy knowing this is a positive development for the crypto community. For more information, check out the official statement from Tether. Happy trading!
CRYPTOCAP:USDTLong
by bryandowningqln
📈 Tether Dominance | Long-Term Lower Highs Bearish ConfirmationTether Dominance has been fighting to stay above EMA50 weekly since the year started, January 2023 and things aren't looking good for this index. ✔️ When Tether Dominance (USDT.D) goes down, everything Crypto (Bitcoin + Altcoins) goes up. Tether Dominance closed last week above EMA10/21 just to be pushed lower once more, EMA50 working as support. The longer a support level is challenged, the weaker it becomes. Four and a half month EMA50 becoming weaker and weaker... Since June 2022 we get lower high after lower high... Confirming the bears have the upper hand or else we would be seeing higher highs instead. There are more bearish signals: Trading volume keeps going lower and lower. The RSI continues moving lower and lower, now below 50. Bitcoin has one more bullish wave to give and we have an inverse relation between these... It is the same chart, the same pattern we've been looking at now for many months... USDT.D peaking and consolidating before the next drop (distribution). The longer it takes to break down, the stronger the drop when it comes. It is very hard to invalidate this chart setup... We would need to see a weekly close above 8.25%... So far it continues looking red. This is confirmation. A bullish signal for Bitcoin and the Altcoins. Thanks a lot for your continued support. Namaste.
CRYPTOCAP:USDT.DShort
by AlanSantana
📈 Tether Dominance Monthly & The End Of The WorldWe looked at this timeframe once in the past and this is a very important one. Tether Dominance closed last month on a strongly bearish candle, this month it is moving again below EMA10... USDT.D has been below EMA10 monthly only a few sessions in its entire existence... This is a major development and ultra-bullish for the Cryptocurrency market; Bitcoin & Altcoins growth. It is really hard to belief because the world is ending for the 1 millionth time and as the world ends it is impossible to imagine anything positive happening but remember, the world has been ending ever since the day it was borne. Listen, when something, somewhere goes down, something else in some other place goes up. For example, the end of the world was Covid or the 2008 financial crisis, or 1929, or the revolution, or the World War, etc... It continues, it never really ends... Back to my point, when Covid was launched, a huge portion of the world was hit very, very baldly but at the same time an entire portion that was suffering for a long time started to thrive. My point is that energy cannot be created or destroyed it changes from one state to another. ✔️ If one industry goes down, another goes up. ✔️ If one country is going down, another one is rising up. ✔️ If a system is dying, a new one is being born. Yes, there is negative in this world but look at the positive... The positive is us, LIFE! The world is not over... It is never ending, it is ETERNAL! Get back to work! Namaste.
CRYPTOCAP:USDT.DShort
by AlanSantana
2
📈 Tether Dominance Replete Of Bearish SignalsSince everything I share is bullish, it is good to read the Tether Dominance chart to look at some of the bearish signals, for learning and entertainment. We have the lower highs mixed with candlestick reading. 1) The inverted hammer as a lower high (double strength). 2) Doji after lower high inverted hammer (triple strength bearish signal). 3) Rejection at EMA10 and EMA21 (additional confirmation more strength to previously noted bearish signals). 4) MACD moves below 0 trading below signal line. 5) RSI trending lower and downtrend since June 2022. We want to see the action... Let it drop! Let the entire Cryptocurrency (Bitcoin + Altcoins) market go up. Namaste.
CRYPTOCAP:USDT.DShort
by AlanSantana
4