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USDT-D

The Coin Market is Different from the Stock Market Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- The coin market discloses a lot of information compared to the stock market. Among them, it discloses the flow of funds. Most of the funds in the coin market are flowing in through USDT, and it can be said that it currently manages the largest amount of funds. Therefore, unlike the stock market, individual investors can also roughly know the flow of funds. Therefore, you can see that it is more transparent than other investment markets. - USDT continues to update its ATH. You can see that funds are continuously flowing into the coin market through USDT. USDC has been falling since July 22 and has not yet recovered. The important support and resistance level of USDC is 26.525B. Therefore, if it is maintained above 26.525B, I think there is a high possibility that funds will flow in. If you look at the fund size of USDT and USDC, you can see that USDT is more than twice as high. Therefore, it can be said that USDT is the fund that has a big influence on the coin market. USDC is likely to be composed of US funds. Therefore, if more funds flow in through USDC, I think the coin market is likely to develop into a clearer investment market. But it is not all good. This is because the more the coin market develops into a clearer investment market, the more likely it is to be affected by the existing investment market, that is, the watch market. This is because large investment companies are working to link the coin market with the coin market in order to make the coin market an investment product that they can operate. In order for the coin market to be swayed by the coin-related investment product launched in the stock market, more funds must flow into the coin market through USDC. Otherwise, it is highly likely that it will eventually be swayed by the flow of USDT funds. Therefore, USDC is likely to have a short-term influence on the coin market at present. - As mentioned above, the most important thing in the investment market is the flow of funds. The flow of funds in the coin market can be seen as maintaining an upward trend. Therefore, there are more and more people who say that there are signs of a major bear market these days, but their position seems to be judging the situation from a global perspective and political perspective. As mentioned above, the funds that still dominate the coin market are USDT funds, which are an unspecified number of funds. Therefore, I think that the coin market should not be predicted based on global perspectives and political situations. The start of the major bear market in the coin market is when USDT starts to show a gap downtrend. Until then, I dare say that the coin market is likely to maintain its current uptrend. ------------------------------------ (BTCUSDT 1D chart) The StochRSI indicator is approaching its highest point (100), and the uptrend is reaching its peak. Accordingly, the pressure to decline will increase over time. - (1W chart) The StochRSI indicator is also in the overbought zone on the 1W chart. - (1M chart) On the 1M chart, the StochRSI indicator is showing signs of entering the overbought zone, but it is not expected to enter the oversold zone due to the current rise. The movement of the 1M chart should be checked again when a new candle is created. - You can see that the StochRSI indicator on the 1M chart is the most unusual among the three charts above. In the finger area on the 1M chart, the StochRSI indicator was in the overbought zone, but it is currently showing signs of entering the oversold zone. Therefore, you can see that the current movement is different from the past movement. Therefore, I think it is not right to predict the current flow by substituting past dates. ------------------------------------------ I wrote down my thoughts on the recent comments from famous people who say that the coin market will enter a major bear market along with the stock market. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
CRYPTOCAP:USDTEducation
by readCrypto
Domination of USDT + USDC and lows/maxims of BTC. CorrelationIn the graph, combined into one graph of the dominance of such stablecoins as USDT and USDC. Orange color—chart of the bitcoin price against the dollar. The time interval is 1 week. The graph is logarithmic. The same chart and the same parameters on the candlestick chart . All BTC price lows and highs are specially shown. Compare what the capitalization of stablecoins was at the time. At an earlier time, the dominant stablecoin was one USDT, later USDC was added. They occupy a significant capitalization. BUSD and DAI are less capitalized. They too can be added to this “indicator” of the Pumps/Dumps market. I think the dominance history and the bitcoin overlay chart illustrate well which market phase and in which areas to buy and sell bitcoins and other speculative crypto coins. Centralized Stablecoin capitalization of a decentralized market . Sounds crazy, doesn't it? The dominance of centralized in a decentralized market. The 3rd,4th,6th places are naturally occupied by centralized stablecoins such as: #USDT #USDC #BUSD. This kind of decentralized cryptocurrency financial world (freedom from the dictatorship of banks, power states, and so on) did you imagine, for example, in 2015-2017? Is it good or bad? What will happen after a while? What trend will develop further after the community bait has been swallowed? 3rd place . USDT ( .... "Reds" .... ) $67,562,687,657 4th place . USDC (Circle, Coinbase, JPMorgan, Blackrock .... ) $51,726,419,583 6th place . BUSD (Binance) $20,003,320,692 13th place DAI ETH (!) BTC and ETH dominance. Continuing on this “democracy” theme of crypto sandbox capitalization. Today 14 09 2022. Market Cap: $989,560,104,72 Dominance: #BTC: 38.9% #ETH: 19.9% Total 2 assets: 58,7% Also add 3,4,6,13 top stablecoins to this. Stablecoins over 20%. Almost 60% of the market is 2 assets. Over 80% of the market is 6 assets. So much for the true mythology of decentralization ))). How to look for a “live chart” for yourself and combine the dominance of USDT and USDC: 1) Look for the MARKET CAP USDT DOMINANCE, % 2) On the right side of the chart in the search field, press the + button 3) Write MARKET CAP USDC DOMINANCE, %. For the analysis, it will also be useful to track at the same time: 1) BTC dominance 2) US dollar index (DXY, USDX) BTC dominance BTC to altcoin dominance. Stablecoin dominance and market pamp. US Dollar Index (Fed)with prices of BTC lows/maxims. Correlation of assets. DXY and PampDump BTCMarkets Cycles. This is what it looks like on a line chart to illustrate simple correlation things. Preparedness for force majeure. I would also like to say that all stabelcoins are focused on the "stability" of the U.S. dollar. Think about what would happen if, for some reason, that stability were to be undermined in the blink of an eye. Then you are faced with a very difficult choice. What to do? Sell/buy cryptocurrency/shares? Just think ahead "What do you do" if, purely hypothetically, for some fantastic, hard-to-imagine reasons this happens. Think ahead in today's calm time (are you sure it's not calm now?), so you won't be caught off guard in a turbulent time.
CRYPTOCAP:USDT.DEducation
by SpartaBTC
24
How To Use Total Market Cap ✨We can use Total Market Cap to analyse when it's best to go bullish or bearish on the crypto market. A growing market cap can indicate investors' interest and their positive evaluation of the current market state = bullish whereas a stagnant market cap would indicate that investors are taking their money away from the crypto market = bearish. By analyzing the Total Crypto Market Cap weekly chart, we can see 5 clear waves to the downside, which means we are either in motive wave 1 or in wave A of a zigzag pattern. For both cases, we are expecting an ABC correction opposite to the recent 5 waves. we have already completed subwave A and finishing now subwave B, expecting subwave C higher. In a zigzag pattern ( 5-3-5) we have: Wave A= 5 waves Wave B = 3 waves Wave C = 5 waves Therefore, our mission for the long term is to catch the impulsive waves of wave C after wave B. But for now will be focusing on catching subwave C of wave B. We will be using this chart as a guide for the other cryptocurrencies charts. Stay tuned for more Crypto analysis!
CRYPTOCAP:TOTALEducation
by WicktatorFX
3
Box sections, support and resistance, breakout tradinghello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- When trading, I always think about when the price will rise. And, by buying just before it goes up, you want to be in the profit zone as soon as you buy. To make these trades, you must be familiar with day trading. However, most people do not like to engage in day trading. This is where problems always arise. If you buy at a price that is too low and there is no sign of it going up, you will get tired and lose interest in trading. If this situation continues, you will eventually leave all investment markets and will not even be able to get opportunities. Therefore, even if you incur losses, you must continue to engage in day trading whenever you have time to maintain your sense of day trading. Additionally, you need to develop the know-how necessary for day trading. Some people may be thinking that there is no need for day trading since they will be investing with the goal of short-term trading. However, if you do not have an eye for day trading, 1. The average unit price is formed at a higher price than expected due to poor timing of purchase. 2. Buy at a price that is too low and miss out on higher opportunities. Cases like 1 and 2 may occur. Then, I started trading because the market seemed to be on the upswing, but I think it only amplified my negative thoughts about trading as I entered a pullback period. Therefore, depending on the market atmosphere, there are separate periods for day trading, short-term trading, and mid- to long-term trading. The current period is a period of day trading and short-term trading. In order to transition from this period to a mid- to long-term trading period, one must go through a period of great volatility. Therefore, as mentioned earlier, if you start trading when the current market atmosphere is more heightened, you may suffer large losses when a period of great volatility begins. Fortunately, if large volatility leads to an uptick, there is potential for profit from short-term trading. However, we cannot rule out the possibility that it will eventually turn into a loss because there is a possibility that the price will not respond due to expectations that it will rise further in the future. In any case, as the current day trading period is likely to continue for a while, it is highly likely that more individual investors will begin trading in the future. Since this is the time when companies or whales that operate large capital realize profits, once profit realization ends, it is likely to lead to great volatility, that is, a large decline. At the same time, companies and whales that were unable to buy during the period of great volatility will buy, and eventually a full-fledged upward trend will begin. Therefore, we need to be careful when trading to survive this trend. Because you never know when and how the market will change, you should always make profits or prevent increased losses through short trading, or day trading. So, the current period corresponds to the period of day trading. (USDT 1D chart) Currently, the flow of USDT is not very good. This is because large candles on the USDT chart mean that there is a large flow of funds, which means that many transactions are taking place or there is a lot of movement of funds. When these candles change to the previous candles, it is expected that the coin market will end the day trading period and enter a period of great volatility. -------------------------------------------------- --------------- As I mentioned earlier, in order to buy right before it rises and be in the profit zone as soon as you buy, you must eventually make a breakout trade. In order to make a breakout trade, you need to know how support and resistance points and sections are formed at the current price position. Then, if support is confirmed in the formed sideways section, you should start buying from then on until it breaks upward through the high point of the sideways section or box section. Otherwise, if you buy after seeing support after an upward breakout, it may be too late for day trading. A big rise often begins after a decline. This movement is commonly called a pull back. Even though the price has fallen, the number of people selling decreases, which means that there are not many people willing to sell anymore, so when the price rises, the number of people selling decreases, so this type of movement is often seen. There are prerequisites for this. Before the above movement can be seen, there must be a certain number of candles with long upper tails. This is because a candle with a long upper tail can be formed to confirm the movement of people trying to sell. Well, I won't go into more detail because I've heard this story often elsewhere. (BTCUSD 1D chart) As mentioned earlier, in order to make a breakout trade, there must be a certain section or point of support and resistance. Looking at the 1D chart in the example, can you see a certain range or support and resistance lows? If so, you need to check whether you receive support or resistance at that section or at the support and resistance lows. thus, You can think of a box section like the chart above. These box sections or sideways sections are different for each person, so it is impossible to say which is right or wrong. All you have to do is create a trading strategy that suits you within the set range and trade accordingly to earn profits. The box section I decided on is as follows. HA-Low and HA-High indicators are indicators created for trading. Therefore, it is utilized when starting or ending a transaction. Use this to form a box section, start buying when support appears in this box section, and continue buying until the box section breaks upward. Therefore, as shown above, candles that pass the HA-Low and HA-High indicators form a box consisting of low and high points. If you look at the chart in the current example, you can see that the base of the box is toward the bottom of the box. Therefore, in order to turn upward, it is expected that the movement will begin as the HA-Low or HA-High indicator moves and forms a new one by shaking it up and down. The key to breakout trading is at what point must the breakout trade begin. However, these points vary depending on your investment style, that is, your trading strategy. Therefore, in order to apply your own trading strategy to a box section created by someone else, you must know the criteria for selecting the box section. However, most of the time, such information is not provided. However, this can only be inferred from the pictures drawn on the chart. You need to be careful because making the inferences your own and creating a trading strategy based on them is like building a castle on sand. Therefore, in order to make a breakout trade, you must check the following: 1. Is there a certain range or support and resistance range visible at the point where the current price is located? 2. If case 1 applies, how far are the other support and resistance areas from that box range? If there are support and resistance points or sections within the box section or just above the box section, you must check them because even if you break above the box section, you may not make much profit or may even incur a loss. The section in the chart box above is 25120.76-28184.89. And above that, there is support and resistance at 28809.72. Therefore, if you are satisfied with the profit in the 28184.89-28809.72 range, you can proceed with the transaction. If not, it is recommended to hold the transaction. Ultimately, trading is done to make a profit, so if the visible profit range is small, it is better not to proceed with the trade at all. 3. Is it possible to take a stop loss when there is no support at the support and resistance points within the box section and the price falls below the bottom of the box section? You should think that falling below the box range means you have provisionally defined that a further decline, that is, a sharp decline, may occur. Therefore, you should be able to take a stop loss when the price falls below the bottom of the box section. If you think the stop loss amount is too large and you cannot stop the loss, it is better not to trade at all. Check conditions 1-3 above, and if everything is satisfactory, you can check whether you are supported at the support and resistance points, create a buying strategy, and proceed with the purchase. Otherwise, if you buy immediately when the box section breaks upward, the psychological burden will increase and it may turn into a wrong transaction, so you need to build up know-how through a lot of experience. The most important thing in my chart is the MS-Signal indicator. If the price stays above this indicator and the MS-Signal indicator turns into a bullish sign, it means that there is a high possibility of an uptrend and an upward move. Therefore, in order to trade more safely, you can start buying when the MS-Signal indicator rises above the MS-Signal indicator and the MS-Signal indicator switches to an upward sign and shows support. However, it is not easy to actually proceed like this. You need to think about how you will proceed with the purchase. I will take the time to explain this when I have the chance next time. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
COINBASE:BTCUSDEducation
by readCrypto
This Breakout Trading Strategy will create MILLIONAIRES...Attention, traders, Breakout trading stands as one of the most widely used trading strategies, offering a seemingly simple concept that becomes intricate and convoluted in practice. In this article, we will explore seven essential steps that every breakout trader should adhere to. 📚To provide a brief overview of breakout trading, this approach revolves around identifying significant levels such as horizontal support/resistance or trend lines, anticipating their potential breakthrough, and capitalizing on the resulting substantial market movement. 1️⃣Without surprise, the first responsibility of a breakout trader involves identifying key levels, preferably on weekly or daily timeframes. 2️⃣Once these key levels have been recognized, a breakout trader must exercise patience and await the confirmation of a breakout. This is where many traders stumble. The challenge lies in having clear and dependable rules to validate a confirmed breakout. I personally employ the following rule: a breakout will be deemed confirmed when the candle closes above/below the structure on the highest timeframe where the structure is identifiable. 3️⃣After confirming the breakout, the subsequent step entails waiting for a retest of the broken level. Retesting is crucial as it provides a more favorable risk-to-reward ratio for the trade. While there is no guarantee that the price will retest the broken level, resulting in missed trading opportunities, retest trading generally yields higher gains in the long run. 4️⃣When initiating a trade on a retest, it is imperative to establish precise target levels—levels at which profits will be taken. Novice traders often make numerous errors at this stage. Remember that your targets should be realistic and based on the nearest strong structure levels rather than your desired returns. 5️⃣Additionally, a breakout trader must set a stop loss—a level of protection set below/above a previous minor structure to safeguard against stop-hunting. The stop loss represents the point at which the trader's predictions are proven incorrect and renders the trading setup invalid. 6️⃣Once a trading position has been opened and stop loss and take profit levels are set, patience becomes paramount. There is no guarantee that the price will experience a sharp rise or fall immediately after the breakout. The market may coil and consolidate for an extended period before exhibiting significant movement. A breakout trader must exercise patience and refrain from allowing emotions to interfere. 7️⃣Finally, it is crucial to remember that exit points are determined by stop loss and take profit levels. Adjusting the stop loss in the event of a drawdown, prematurely taking profits, or extending targets can be detrimental to your trading. Remain disciplined, avoid greed, and keep emotions in check. Naturally, this seven-step trading plan alone is not sufficient for profitable breakout trading. Each step of the plan requires careful consideration of various nuances. Nevertheless, let this plan serve as your initial guideline: learn and adhere to it, while continuously refining its rules over time until you become a consistently profitable trader. Are you engaged in breakout trading? ❤️Please show your support for this idea with likes and comments!❤️
Education
by FortuneAI
Winning or losing a trade depends on your state of mind (2)Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT chart) Looking at the 1D chart, you can see that after a short but long uptrend, it recorded a pullback, creating the first gap. In the meantime, the HA-High indicator on the 1D chart rose and was created. Accordingly, it is necessary to ensure that funds are maintained at 81.839B or higher. Falling while creating a gap means that funds were outflowed through USDT, so we need to check the future situation. ---------------------------------------- (USDC chart) USDC is currently in a downtrend. Therefore, it is necessary to check whether the trend turns upside down. If not, and if it continues to show a downward trend, the coin market will not be able to maintain its upward trend and will likely fall sharply. Currently, it is judged that the funds that have flowed into the coin market through USDT are defending the price, but if USDT shows a decline, it is necessary to be careful because the withdrawal of funds from the coin market can occur quickly. The first thing to check is to see if USDC holds above the HA-Low indicator on the 1D chart. ------------------------------------------------ (BTC.D chart) BTC dominance is good to look at to see if funds are concentrated towards BTC or towards altcoins. This is because any other method of interpretation will rather complicate your thinking. ------------------------------------------------- (USDT.D chart) An increase in USDT dominance can be interpreted as a high possibility of a downward trend in the coin market. Therefore, it is highly likely that BTC, the number one coin market by market cap, will show a downward trend. The reason is that when trading on coin exchanges, the USDT market is as large as the BTC market. Because various coins (tokens) can be directly traded with USDT, changes in USDT dominance can be interpreted as reflecting the overall trend of the coin market. Therefore, support and resistance points formed on the USDT dominance chart cannot be used to directly trade coins (tokens). However, since you can know the flow of money in the coin market, you will eventually be able to see the chart of the coin (token) you want to trade and use it as a reference for creating a trading strategy. This is because you can figure out whether the flow of funds is moving toward buying or selling, so you can find the timing of your trade accordingly. -------------------------------------------------- Following the DXY chart description, the same explanation is given to the USDT Dominance chart. If you think these two explanations are different, we recommend that you read them several times in more detail. The fact that your psychological state is starting to fluctuate due to price fluctuations means that the flow of funds is changing. That's why, without knowing it, your own psychology starts to fluctuate. In order to stabilize this psychological state, it can be stabilized through appropriate transactions. Therefore, if you hold a coin (token), you can get some psychological stability by checking the movement at the support and resistance point and confirming the profit or loss by selling a certain amount. If you do not own any coins (tokens), you can take your own psychological stability by purchasing a certain amount. In order to trade, you must make your psychological state stable. If you proceed with a transaction without achieving this, there is a very high possibility that the transaction will eventually fail. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
CRYPTOCAP:USDT.DEducation
by readCrypto
Market Cap Chart: Money MovementHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT chart) (USDC chart) Looking at the USDT chart, it can be seen that a lot of money is flowing into the coin market, rising above the previous high of 82.467B. However, if you look at the USDC chart, you can see that there is a constant outflow of funds. I think this movement can be interpreted as individual investors' funds are constantly flowing into the coin market, but institutional investors are leaving their funds out of the coin market. The reason why USDT is interpreted as an individual investor is that it is used as a channel through which individual investors can easily move funds because USDT supports trading pairs on exchanges around the world. In particular, the main power of this USDT is expected to be Chinese funds. USDC is still a stablecoin that has limited support for trading pairs on exchanges around the world. Therefore, I think it is highly likely that the forces that move funds through this USDC are American funds. I think the leadership of the coin market has shifted from Chinese capital to American capital. This move is expected to make the coin market a transparent investment market. However, as the possibility of being affected by movements in the capital market increases, the volatility is expected to gradually decrease. -------------------------------------------------- ------ (BTC.D chart) Looking at the BTC dominance chart, a volume profile is formed in the 47.64-48.80 section and the 56.78-61.73 section. So, if it rises above 48.80, I would expect it to rise around 56.78-61.73. I think that the reason why it starts to be affected by the movements of the world economy is because, as explained in USDT and USDC, American capital is leading the coin market. The variable for this movement is that funds from individual investors are continuously flowing into the coin market. This influx of funds is expected to drive the upward trend of the explosive coin market at some point. This explosive rise will drive the rise in BTC price, which is expected to increase BTC dominance. Therefore, I think we should observe the flow under the premise that BTC dominance will rise around 56.78-61.73. It is actually unknown whether the price of BTC will rise or fall due to the rise in BTC dominance. This is because BTC dominance can tell whether funds are concentrated in BTC or altcoins. This is because the concentration of funds is relative, so if a lot of funds are withdrawn from the altcoin, BTC dominance may rise. Therefore, I do not think it is correct to interpret that BTC price will rise as BTC dominance rises. -------------------------------------------------- -------------- (USDT chart) I think the first chart you should come across to understand the Coin Market Cap chart is the USDT chart. This is because USDT has the highest market cap among stablecoins and has become an important stablecoin that supports trading pairs on exchanges around the world. Therefore, I think that the change in USDT dominance can be used to understand the overall trend of the coin market. When USDT dominance declines, the coin market is likely to show an uptrend. Thus, USDT dominance allows you to know how to proceed with a trade depending on whether it is a rising or falling candle. Since these movements are likely to move against the BTC price chart, they can help interpret BTC price fluctuations. If USDT dominance rises above the 7.86-8.25 range, the coin market is likely to plunge. This is because the current section is an important section. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
CRYPTOCAP:USDT.DEducation
by readCrypto
2
Identify the size or flow of funds in the coin marketHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- In order to find out the size or flow of funds in the coin market, I think you should pay attention to the movement of the four charts below. Check the size of your funds: USDT, USDC Check the flow of funds: BTC.D, USDT.D It is best to view all four charts together if possible because you can find out the size or flow of funds from limited information. If it is difficult to see all four charts, it is recommended to view at least the USDT.D chart, which shows the flow of funds best. ------------------------------------------ (USDT chart) (USDC chart) It is important to check the USDT and USDC charts to find out the flow of funds in the current coin market. USDT is a stablecoin backed by exchanges around the world. Therefore, it is indispensable for most coin (token) transactions. Therefore, the fact that USDT maintains an upward trend can be interpreted as meaning that funds are continuously flowing into the coin market. However, the size of the candlestick is not very important because it is thought that new funds will flow in only when a gap occurs and rises on the USDT and USDC charts. Although USDC maintains a high market cap, it is one of the stablecoins with little support for trading pairs on exchanges around the world. However, since the market capitalization is maintained at a high level, it is less than USDT, but I think it exerts some influence on the coin market. In particular, since USDC is likely to be composed of US investment capital, it is understood that it is being used as a fund warehouse by institutional investors. Therefore, it is highly likely that USDC funds will be moved according to stock market fluctuations. In that sense, if you look at the flow of the current USDC chart, you can see that a lot of money is flowing out of the coin market. I think it is a disprove that funds are moving from the coin market to the stock market. So, if the stock market shows a clear uptrend, the USDC chart is predicting a trend reversal. Therefore, USDC's downtrend has the potential to limit or plunge the coin market's uptrend caused by USDT's uptrend. We expect this move to act as an opportunity to increase new buying. -------------------------------------------------- -------- (BTC.D chart) (USDT.D chart) It is recommended to look at the BTC.D chart and the USDT.D chart together, but if it is difficult, it is better to look at the USDT.D chart alone. However, since the BTC.D and USDT.D charts show the overall flow of funds in the coin market, it is not possible to know the flow of funds for individual coins (tokens). To see the individual money flow of a coin (token), it is recommended to look at the BTC market chart of the coin (token). Since BTC is used as the key currency of the coin market, I think the BTC market chart best reflects the price fluctuations of coins (tokens) according to BTC price fluctuations. However, coins (tokens) with too low market capitalization are the same regardless of whether they are on the same BTC market chart or USDT market chart. Coming back to the BTC.D and USDT.D charts, Since BTC is the number one market capitalization in the coin market, I think most of the fund size or flow in the coin market is related to BTC price fluctuations. in that sense The BTC.D chart and the BTC dominance chart are charts that allow you to see whether funds are concentrated toward BTC or altcoins. Therefore, rising BTC dominance can be interpreted as meaning that funds are concentrated towards BTC. Just because funds are concentrated towards BTC does not mean that the BTC price will rise. If you don't understand this point, you should be careful because you can interpret it in the wrong direction. When funds are concentrated towards BTC, if USDT dominance rises, the coin market is likely to show a downward trend. The reason is that USDT is a stablecoin that supports trading on exchanges around the world. This is because the increase in USDT dominance means that USDT is increasing through trading, which means that selling in the coin market is increasing. Therefore, as a condition for trading altcoins, you must show a drop in BTC dominance and a drop in USDT dominance. If not, it is because most altcoins are unlikely to make significant gains. BTC dominance is expected to continue to rise. The reason is that there is a BTC halving next year. This is because as the BTC halving approaches, a lot of people will flock to the coin market. And, if the BTC price starts to rise in earnest, funds will inevitably be concentrated towards BTC for the time being. If you don't buy it now, it's because you will buy BTC with the thought that you can't. This will cause altcoins to gradually lose their strength and move sideways or decline, despite the upward trend in BTC price. I think this trend is likely to continue until the BTC price nears 43K. As USDT dominance falls below the uptrend line (1), it becomes important whether it can touch around 6.21. The important divergence of USDT dominance is in the 4.97-5.53 range, and if it falls below this range, the coin market is expected to start such an uptrend in which any coin (token) can be bought and profit will be made. Before that, the question is whether it can fall below the 5.89-6.21 range. I think the coin market must fall below the 5.89-6.21 range to go to a big bull market. So, the next period of volatility on the USDT.D chart is around April 22nd. After this period of volatility, we need to see if it stays below the downtrend line (2). -------------------------------------------------- - I think that the coin market is open to many things that are different from the stock market. In particular, I think it is attractive to be able to know the size and flow of funds. Therefore, it is important to first check the four charts mentioned above rather than relying on all kinds of information to predict the prospects and trends of the investment market, that is, the coin market. After that, I think checking the information going around reduces the possibility of making a wrong decision. When CDBC becomes active, there is a possibility that the influence of existing stablecoins will be weakened. The reason for this is that it is highly likely that direct transactions will be possible with CDBC, i.e. fiat currency. In that case, the size or flow of funds in the coin market may not be known with the above four. Then, an investment environment like the existing stock market will be created, and more individual investors than now will suffer losses. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
CRYPTOCAP:USDT.DEducation
by readCrypto
2
What is Tether and why I am staying far away from itNow Tether is not your usual crypto currency. It’s not something you buy low and sell high. What you’ll notice is that the price oscillates around the 1.000 mark. It’s not your usual crypto currency. It’s what’s known as a stable coin. So its main goal is to track the US dollar’s price 1:1 And tether is not a long-term investment that will grow your money by itself because it stays pegged to the U.S. dollar. So, investors use this crypto coin to hedge against the US dollar . Investors use this crypto coin to gain exposure to the US dollar but in crypto form. Tether also sometimes acts as a “bridge” between the fiat and crypto world – as in people often buy stable coins to then buy other cryptos It’s for the investors who want to invest and diversify their money in a non-government measure and to control their own finances instead of putting the money in banks. Sounds good and safe right? The problem is that Tether (USDT) always denies an audit. They have also been investigated by the NY Attorney General’s office for lying about their reserves. Also there is major volatility and uncertainty with crypto exchanges since the FTX and Alameda debacle. Binance (One of the largest Crypto currency exchange) even paused customer deposits of stable coins USD Coin and Tether on Thursday morning without explanation. This is not safe as a hedge in my opinion. Hence, it’s another reason to stay away from even stable coins like Tether…
COINBASE:USDTUSDEducation
by Timonrosso
1
I wouldn't buy Tether with a Barge Pole here's whyI absolutely agree that Tether is yet another Penny crypto that should not be touched with a 10 foot pole. Now Tether is not your usual crypto currency. It’s not something you buy low and sell high. Take a look at the chart before I continue. Tether is not one I would consider buying. What you’ll notice is that the price oscillates around the 1.000 mark. It’s not your usual crypto currency. It’s what’s known as a stable coin. So its main goal is to track the US dollar’s price 1:1 And tether is not a long-term investment that will grow your money by itself because it stays pegged to the U.S. dollar. So, investors use this crypto coin to hedge against the US dollar. Investors use this crypto coin to gain exposure to the US dollar but in crypto form. Tether also sometimes acts as a “bridge” between the fiat and crypto world – as in people often buy stable coins to then buy other cryptos It’s for the investors who want to invest and diversify their money in a non-government measure and to control their own finances instead of putting the money in banks. Sounds good and safe right? The problem is that Tether (USDT) always denies an audit. They have also been investigated by the NY Attorney General’s office for lying about their reserves. Also there is major volatility and uncertainty with crypto exchanges since the FTX and Alameda debacle. Binance (One of the largest Crypto currency exchange) even paused customer deposits of stable coins USD Coin and Tether on Thursday morning without explanation. This is not safe as a hedge in my opinion. Hence, it’s another reason to stay away from even stable coins like Tether…
COINBASE:USDTUSDEducation
by Timonrosso
BITCOIN IS THIS BOTTOM OR JUST STARTING At the outset, I would like to inform you that I have been a big fan of the wave theory in the last five years, but in science there are no feelings and biases, as well as in markets, and also the theory has not reached the limit of idealism and some critics say that it did not reach the limits of theory, it is only a hypothesis and It has been going on for such a long time because of its many possibilities. anyway , this discussion will be as simple as possible and easy for the public to understand, even non-specialists, and from them I will present some scenarios that I see as possible to happen on the Bitcoin chart. # The first scenario: Have we finished the FLAT and are heading to ATH ???!!!! I wish if the answer to this question was clear and certain , this perception takes the third place out of four, and the reason for this is the downward wave from the top of 69 to the current levels not clear five wave . Well, according to this scenario, the end of the correction is expected at the 23k, from which we start a new bull market (remember this scenario takes the third place among the possibilities) The second scenario: It is a rare but possible pattern, like what happened in the Dow Jones Index in 1966, which is the expanding triangle In the wave principle, there are four triangular patterns(Without counting the irregular top) , and the below chart shows the expanding pattern, and it may develop and change into a second type of the family of triangles. One must be careful that the triangle is one of the most difficult patterns to anticipate early, and its volatility is very high. There may be some intellectual fanaticism on the part of some wave analyzers regarding the internal structure of waves. they assert that they be from the zigzag family, and this condition is not true The third and fourth scenarios: They are the most important and most likely, which is that the wave from 69 to the current price is the first corrective wave of the model and it is formed with a 3 waves structure that is very satisfactory to the rules and guidelines, anyway, the main reason for my preference for this scenario is to study time cycles (note that time cycles are more scientific and have been worked on a lot), so since we are in the A wave of the structure and this wave was 3 waves , so the possibilities will be limited to that the pattern It evolves and takes a flat or develops and takes a triangular shape and the balance tends to the triangular model due to the economic and global conditions I know that this perception of the next movement is boring and takes the sideway character (and sorry, but your Lamborghini will be delayed this time ) and the correction may end in the first quarter of 2024, but remember the markets are not devoid of opportunities Well, what do we gain after all this talk showing charts ?? It is very simple and here lies the strength of the wave theory, so that all the mentioned scenarios agree in the upcoming movement, which is the rise to the levels of 48-50 thousand. This wave at least gives twice the profit without using the leverage, and what do you expect to happen to the rest of the alt coins in this rally : ) I wanted to post some mysterious Fibonacci sequences for Fibonacci fans but it might take a lot of time Anyway, a little advice from me Life is more beautiful than the trading markets, do not be addicted to the price movement and lose the most valuable thing you have (your time) I wish luck to everyone My greetings
INDEX:BTCUSDEducation
by DARKMEX
8
Will the crypto market recover? ❇️Hello guys, Some of you have texted me asking if this market will stay this way? What happened to LUNA? What happened to Tether and Terra? Well, I will keep this short. You do not need to worry! People always do this. They always panic and sell RANDOMLY, without reading and investigating the situation. There will be no time until all intelligent investors realize that it is a significant opportunity for buying. And as soon as the buy volumes start to increase and the fundamental news starts to spread about what a great chance it is to buy crypto, people worldwide will begin to follow and buy more and more out of FOMO, which is not a bad thing. Of course, we have to be careful. There have been regulations and apparent reasons behind this big crash. And indeed, there will be more regulations. So If you are waiting for this buying opportunity, do not jump ahead. Wait for some signals, read the news, analyze the market and make sure before jumping on the recovery train. Until then, have these items in mind in heavy dumps: 1. Do not do leverage trading 2. Do not buy coins in FOMO 3. Do not stick to the screen all-day 4. Do not do revenge trading 5. Do not average out every dip 6. Do not go all in one coin Let me know your ideas. Good luck. Source and Reference: www.forbes.com
Education
by ShawnMCR
2
❗Black Swan by stablecoins. Threat or opportunity for traders?Hi friends! If it heppen to one UST is it heppen to another stablecoins? Next trigger for BTC dump can be caused by stablecoins instability. In this idea i`ll show you some facts about it! 🦢Black Swan. The last Black Swan in all financial markets happened in 2020 because of Covid-19. The crypto market fell by 64%. After the bull market, the Fed Reserve started raising the interest rate, BTC fell by 56%. What if all the stabelcoins are not secured by anything? If previously the fall of cryptocurrencies was caused by global cataclysms, now we can expect the first black swan only for the cryptocurrency market. With a EXTREME fear in the market and panic sales of retail traders, BTC could fall to $22k or lower. 📊Stablecoins by Market Capitalization: 1. Tether (USDT) - $83B 2. USD Coin (USDC) - $48.5B 3. Binance USD (BUSD) - $17.1B 4. Dai (DAI) - $6.9B 5. TerraUSD (UST) - $6.9B Total: $169.4B ❗It`s almost 10% of TOTAL Crypto market Capitalization (169.4/1400). 💱We all know what happened to Luna and UST stabelcoin. US Treasury Secretary Janet Yellen pushes for stablecoin regulation by end of year. Even if the LUNA and UST recover to their previous price, a lot of attention will be focused on other stablecoins as well. On the other hand, this is positive for the crypto market and market players, as crypto security will increase. ✅Friends, if you don`t know what to do when BTC fall by 60-75%, check this idea! I made an educational idea for you when BTC was $39k. It describes 3 ways how you can identify the bottom of the market for BTC and Altcoins! Friends, where will Bitcoin bottom price? $20-22k or lower? Or BTC already find the dip and go to renew ATH? Share your ideas in comments! Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
Education
by Yuriy_Bishko
10
Cryptodollars Tether USDT - instructions for beginnersIn 2015, an unknown company, Tether Limited, issued its own token, undertaking to exchange it for real US dollars at a rate of 1 to 1. At that time, this crypto asset was profitable to use: Cryptocurrency exchanges in order to avoid the requirements of the Regulators for the verification of traders depositing accounts in traditional currency (fiat); American investors, so as not to pay taxes on every exchange of cryptocurrencies for fiat. Traders can now safely use Tether USD without worrying about a possible scam. Moreover, USDT issuance tracking allows traders to see when big capital cryptocurrencies enter the market. The release of any token is public information available through the blockchain explorer programs, whose statistics are analyzed by various specialized services. Notification about large tranches of Tether USD, as well as other cryptocurrencies, can be received, for example, through the notifications of the @Whale Alert channel. The extent to which the USDT emission is related to the Bitcoin rate is demonstrated by the historical graph of stablecoin capitalization. So these tokens began to be called at the end of 2018, when the first competitors appeared, repeating the economic model of Tether. Tether USD can be used to pay for goods, replenish bank cards, get a loan, or invest in DeFi services in order to receive interest on a deposit. Moreover, the USDT token is ideal for Forex traders to deposit and withdraw funds. Choose Token and Wallet Before replenishing an account or withdrawing a deposit in USDT cryptodollars, a trader needs to decide on the type of token format. Behind each of them is a blockchain, where the size of the commission is determined by miners who collect transactions into blocks. The fees are floating, depending on the load and bandwidth of the network blocks, the amount of the transaction does not matter. A trader can transfer one dollar or a billion for the same amount of deductions to miners. At the time of writing, the average translation costs are: In the OMNI protocol - $28; Ethereum blockchain - $12; Blockchain Tron and Binance - about $1. Tether, for its part, makes an equal bet on Ethereum and Tron, placing about $24 billion of USDT emission there. The Omni protocol is practically abandoned. The list of wallets must be taken on the website of the developers of the cryptocurrency that the trader has chosen. The crypto wallet has a seed phrase - a set of words that helps the user regain access to his deposit from any device. Knowing this phrase of 12 words, you can not be afraid of any force majeure, because the cryptocurrency is not stored in the wallet, but in the blockchain. A seed phrase is a list of random words (12, 18, or 24 words) used to recover your funds in case you lose your password to your wallet application or the device on which your wallet is installed. The seed phrase is usually generated when you set up your crypto wallet By the way, the first Tether USD transaction can only be seen in the browser; in order for this balance to be displayed in the wallet, USDT will have to be added manually, this feature is explained by thousands of types of digital currencies on the Ethereum blockchain. Upon receipt of tokens from a broker, they can be withdrawn to any popular electronic wallet or bank card, if the account has: ETH cryptocurrencies for the ERC-20 format; TRX cryptocurrencies for the TRX-20 format. The last very important point is the network commission. The purchase of ETH and TRX is necessary just to pay for it. USDT tokens, like any other asset in the ERC-20 format, cannot be withdrawn from the wallet without a fee to miners, which is charged in gas. The only problem is that when exchanging USDT for fiat, the trader will have to pay a commission to the miners. Many wallets set it to the maximum bar. We check the average fee here and fix it manually in the wallet, this applies to the ERC-20 token. In the case of TRC, the commission is almost always quite low, up to $1. Deposit in USDT The account replenishment operation is no different from the above procedures. Having decided on the stablecoin format from the list supported by the forex broker, the trader must start by choosing and opening a crypto wallet. Some beginners aim to simplify this process by sending USDT directly to the broker's address via an exchange. It is worth remembering that the broker requires the deposit address to match the withdrawal address, which in the case of an exchange will be random. Similar problems will arise when trying to replenish a deposit in the Forex market directly from a cryptocurrency exchange. She also uses random addresses for output. Address permanence can only be guaranteed by these companies for accepting payments, not for withdrawals. Having opened his own wallet, the trader must receive USDT on it, and then transfer it from his address to a brokerage account. The problem is that the last operation will require payment of gas, therefore, you will have to replenish your wallet in two cryptocurrencies - ETH (TRX) and USDT. So, to work with Tether ERC-20, we first need to buy Ethereum, and then exchange part of Ethereum for Tether USDT. Sincerely, R Linda!
CRYPTOCAP:USDTEducation
by RLinda
BAT/USDTYesterday I published an Idea to buy BAT in deep I don't know how many of you guys got it, Our first target was filled yesterday now we are waiting for the second one What do you guys think after the second target we should sell or hold? I was checking the holders of BAT it is increasing and it's 443,370 less than 1 million Let me know your opinion guys. Good luck Dizoor be dostan rajebe arze BAT goftam nemidonam chan nafareton kharidin / target avalemon anjam shod montazere target dovom hastim. be nazareton bayad in arzo hold kard ya forokht bade residan be atrget ? holderhash zire 1 million hastesh va 443,370 hold kardan in arzo. baram nazareton benevisid . movafagh bashid
Education
by tradingwizardtw
2
USDT.D has breakout! what's next?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as an USDT DOMINANCE has broken out this symmetrical triangle pattern but for confirmation, we should wait for one more candle to close above the downer support level of this symmetrical triangle. Then we can expect a drop of up to 23%. 4.25% level is a very strong support level needed to break this level for more further move. let's see how the market reacts in a few hours This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
CRYPTOCAP:USDT.DEducation
by CRYPTOMOJO_TA
The dominance of stablecoins as a divergence tool in BTCOn the top chart we have the BTC/USD index, and on the bottom chart we have the sum of the dominance of the main stablescoins: USDT, USDC, DAI and UST. As a rule, when the dominance of stablecoins rises, the price of BTC falls. Just look at the respective numbered arrows. The only exception was arrow number 3, which had a more lateral movement in the dollar's dominance. Now looking at this exact moment, we have a rise in stablecoin dominance. The next resistance is at 7.75% (if dominance continues to rise).
INDEX:BTCUSDEducation
by andre_007
BTCUSDTHey everyone, I'm not trying to predict next movement. I can say neither it goes up nor it fall down. So, please consider this as a tutorial : 1st question : what is an uptrend exactly ? Uptrends occur when we see higher high and higher low. 2nd question : when can we say an uptrend is getting stronger ? When we see upward movements which are larger than their previous movements. For example, in a 12345, 23 should be equal or larger than 1 and 45 should be equal or larger than 23. 3rd question : when can we say an uptrend is getting weaker ? Of course when it's upward movements getting smaller and weaker continuously. So, as we can see in the chart, as the time passes, we see weaker and weaker upward movements which is a sign of forming falling trends in the future. BC = 0.78A, DE = 0.618BC and guess the question mark! XY = ?????DE If XY can not reach DE's height, we will presumably see a price correction in the future. Furthermore, on daily chart, we can see divergence in RSI which is a sign of future bearish trends. Also, you can see easily a downtrend in the volume indicators. An increase in price along with a decrease in volume is a bad sign for the bull market.
Education
by mohammadshams33
1
BTC USDT correlationHello traders, I think those two charts are useful when used alongside each other in correlation. It is logical that decline in BTC price leads to inflow in USDT and vice versa. So we could say (and the chart shows, that the correlation between the price BTC and market cap of USDT is inversely proportional). For further simple explanation there are some events marked on the chart: Red Flag - A gap in USDT inflow probably shows that institutions are selling before BTC price declines. It is actually only the third candle on USDT when the selloff of the bitcoin occurs. Blue flag - USDT cap fails to pick up momentum and start going down significantly while BTC surges. Orange flag - USDT market cap is flatting out, fails to go lower low and starts forming local higher lows. BTC is still pushing higher, but the trend is converting to the broad bull channel/Trading range as more and more bears are buying into the shorts and more and more bulls are taking profits. Purple flag - BTC - huge rising wedge formed and wedges tend to break to the lower side. Lower high also formed and after. 3rd higher low formed and money starts to flow into USDT. Green flag - wedge top in USDT, while wedge bottom in BTC. Reversal on both charts. At the moment USDT market cap is in sharp decline, which might signal that BTC will be going much higher
Editors' picks
Education
by Sharkethics
23