Tether Dominance AnalysisHello
We see Usdt Dominance:
The short-term downtrend has been halted by the already prevailing uptrend.
The short-term downtrend is broken and the back ceiling is also broken.
Expect up to: 4.50%
To climb.
The next goals can be numbers:
4.60%
4.66%
Important Note: If Dominance rises, Bitcoin will also decline.
Be sure to see my next post (it is about Bitcoin)
Thanks, Analyst:
@mahdiaghdam00
Tetherdominance
USDT.DGuys this is USDT.D Chart, this chart indicates a ViceVersa movement with the overall crypto currency market! That means whenever USDT.D drops the market is Bullish, and whenever it moves up the market turns Bearish!
So right now we can see that USDT.D is in an important area, Keep an eye on the support trendline maybe it get supported and the market turn Bearish for short term! so then we can open Short positions with a good risk management! or if the support trend line got broken, then we will wait for a pullback for a confirmation for a extreme Bullish market!
Please check my previous technical Analysis ideas link below!
Bitcoin Daily Analysis Update🟢🟢#BTC on daily TF looks messy as it more looks like the price is ranging more. Currently, the price faces strong physiological resistance at 40,000$ and holds the 39,000$ area as support. If the daily candle closes above 40000$ then Expect a strong breakout this weekend. It is so important to keep 36800$ Support By next week we can see some clear direction in it. Use proper stop in all your trades.
⚠ This Analysis will be updated.
✍ Analyzed by AmirHossein.
📆0.3.12.2022
Bitcoin Straight Up But Why? $47K Followed by $55KAt this spot it generally hard to figure if a retrace is coming after hitting resistance for BTCUSD or if it will continue straight up...
I say straight up.
Feel free to hit LIKE now and let's get started.
Other than the obvious and strong bullish bias that has developed on the Bitcoin chart, we also have a new tool.
( Thanks to @CryptoSoap who mentioned this chart in the comments section... )
Tether Dominance (USDT.D) has an inverse relation to Bitcoin (BTCUSD).
The USDT.D chart is looking pretty crapy and the signals are clear, it is aiming lower...
As this index aims lower, Bitcoins aims higher.
(My classic bullish signals are also showing on the BTCUSD chart.)
We are going for $47,200 followed by $55,100.
Leave us a comment with your opinion on this one.
Thanks for all the support lately, it is truly appreciated.
Namaste.
P.S. The "Stock Market" (SPX, NDX, DJI) is detaching from Bitcoin (BTC, Crypto) as anticipated...
Does the Crypto market bottom confirm?
USDT dominance shows some weakness on the important price action level and volume divergence is obvious.
USDT dominance show weakness in the weekly time frame. It means people inside the market are buying the dip.
RSI: Close to the overbought area.
📌DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment. I’m only recording my personal Technical Analysis (TA) for educational purposes.
I📌’m researching on crypto-economy and sharing my understanding with others, therefore these are results of my research NOT financial advice.
📌In case you find it interesting please feel free to share with others.
Are you ready for any scenario!? btc/usd(previous analysis) 📈📉unfortunately we usually cant predict the market , but we should prepare ourself for any possible scenario, specially worst case scenarios as much as best one !
take care!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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Warning: Forecast Last bearish momentum BitcoinWarning: Forecast Last bearish momentum Bitcoin
Tether Damynns index in a pattern symmetrical triangle is located. It is expected to move to the ceiling of its long-term channel after the failure. At the same time, bitcoins will be falling.
Note: According to this strategy, the best time to buy Bitcoin is when the Tetris Dominance Index is at its long-term ceiling and we see a reversal pattern.