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USDT-M

HelenP. I Bitcoin will continue to move up to resistance levelHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some time ago rebounded from the resistance level and dropped lower than the support level, which coincided with the support zone. After this, BTC turned around and in a short time rose higher than the 53900 level, breaking it, and then continued to grow to the resistance level. When the price reached this level, it some time traded near it, after which made the correction and later backed up to the 61200 level. Soon, BTC broke this level and then reached a trend line, after which the price turned around and dropped lower 61200 level, breaking it one more time and continuing to decline. Price declined near the trend line to the support zone, after which the price turned around and made an impulse up, breaking the trend line. At the moment, BTC continues to move up, so, I expect that price will continue to move up to 61200 resistance level. For this case, my goal is this level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
BITCOIN - Price can start to decline inside rising channelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few moments ago price entered to rising channel, where it reached $61800 level, broke it, and continued to move up. Price reached resistance line, then it turned around and started to decline and soon exited from channel. Next, price continued to decline in wedge, where it declined lower than $61800 and $55700 levels, breaking its. Then BTC reached support line of wedge and then started to grow inside another rising channel. In this channel, price broke $55700 level and at the moment it trades near resistance line of channel. Possible, BTC can reach resistance line of channel and then start to decline to $55500 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
LINK Long-Term Entry OpportunityLINK has recently touched the bottom purple support again. After 4 touches, this support seems to be an important level for traders. To optimize our entry, we're going to wait for the price to touch the support again in the coming weeks. With a stop below the recent fear-low and a target around the current all-time high we can construct a very decently bullish trade. Keep in mind that it's a risky bet. BTC is slowly bleeding and alts overall look bad. However, a R/R over 20 when trading from an established long-term support is worth a bit of risk.
Long
by FieryTrading
1
Stablecoin liquidity is king - Bitcoin bullish thesisAn increase in stablecoin market cap often signals more money entering the crypto space, indicating bullish sentiment as investors prepare to deploy capital. This increased liquidity can lead to smoother trading and attract more participants, potentially driving up Bitcoin's price. The chart clearly illustrates this relationship: • Blue line (USDT+USDC+DAI market cap) shows steady growth • Orange line (Bitcoin price) follows with more volatile increases This correlation can serve as a leading indicator for Bitcoin price movements. During downturns, investors might sell Bitcoin for stablecoins, but as sentiment shifts, this "dry powder" can quickly flow back, driving Bitcoin's price up. According to my views on the stablecoin liquidity, the Bitcoin price should target the $72k level. Let me know your thoughts! BITSTAMP:BTCUSD CRYPTOCAP:USDT CRYPTOCAP:BTC
BITSTAMP:BTCUSDLong
by HenriqueCentieiro
1
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!
CRYPTOCAP:USDT.D
by MetaShackle
ATOM: Signaling Further Market Decline?In this analysis I want to take a closer look at the state of the market. ATOM Was a decent performing token in the previous cycle, but it sadly failed to impress investors this cycle. Most striking is that ATOM is one of the few alts which has actually made a new bear-market low. This token has never entered a bullish phase like most tokens did and has basically made lower-lows throughout. This token had a 5B marketcap just a few months ago, so we're seeing some serious money leaving this token. Naturally, there's something going on in the background which amplifies the sell-off, but I'm looking at it as a potential signal that the alt market is currently in a bad spot. There's a lot of alts that are currently not far away from their bear-market lows. If we see more and more making fresh lows it could be an indication that more selling is yet to come.
Short
by FieryTrading
6
BITCOIN USDT PAIR - CUP AND HANDLE PATTERN SPOTTEDCup and Handle Pattern: The Cup: The chart shows a rounded bottom formation that resembles a cup, often indicative of a longer consolidation period before a breakout. The Handle: After the cup formation, the price appears to be forming a handle, which is a short-term downtrend before the breakout. The handle often slopes downwards slightly, and once the price breaks out of the handle's resistance line, a significant move upwards can follow. Key Resistance Level: The resistance seems to be around the $65,000 - $70,000 level. A breakout above this area would likely indicate a continuation of the previous bullish trend. Volume Analysis: The chart shows increasing volume during the cup formation, which is a healthy sign for the bullish pattern. However, it looks like volume has decreased slightly in the handle phase, which is normal for this pattern. An increase in volume during a breakout from the handle would confirm the strength of the upward move. RSI (Relative Strength Index): The RSI is currently at 57.21, which is neutral. It indicates there is still room for upward movement before entering overbought territory (above 70). This supports the bullish view if the price breaks out. Stochastic Oscillator: The Stochastic indicator shows a value of 61.68 (blue), which is also relatively neutral but trending upward. If the stochastic continues its upward movement, it may suggest a potential entry point for buyers before hitting overbought conditions. VM Candle Divergences: The chart uses a custom indicator (VMC Cipher Divergences), which might show some bullish divergence, but it requires confirmation through volume and momentum changes. Prognosis: If the handle breakout occurs above the resistance line (~$65,000), the next bullish target would be near previous all-time highs, around $75,000 or higher. A failure to break the handle's resistance could lead to a short-term pullback to test lower support levels around $50,000. Market Outlook: Bullish Case: A successful breakout would lead to a continuation of the uptrend, and the price could target $75,000 - $80,000 in the next phase. Bearish Case: Failure to break resistance at around $65,000 may lead to a correction back to $50,000 - $45,000, where stronger support lies. This analysis leans toward a bullish outlook, as the technical pattern suggests a breakout might be imminent. However, monitoring volume and momentum indicators will be key for confirming the next move.
Long
by elfabiiani
TON: The Perfect Entry For Those Who Missed The Pump!TON has seen some serious volatility as of late. The founder, the CEO of Telegram, recently got arrested in France, which send the token down. For investors who missed the boat before, this is a great chance to step in. TON has arguably the biggest app for communication behind it, so there's still room for growth once Telegram incorporates TON into it's application on a deeper level. Looking at the chart, the most logical place to buy would be from the bottom diagonal support. I put the entry at 4$ as a guide, but feel free to move it up or down depending on where the price touches the support level.
Long
by FieryTrading
1
BTC Eyes 55K, Red Zone in Sight?GM crypto bro's, it seems the happy weekend is still far away 🗿 with BTC still at risk of another drop. This morning, the Fear and Greed Index is at 29 (Fear), finally moving up a bit after two days in Extreme Fear territory. The Stochastic RSI remains in the oversold area, but a slight uptick might begin tomorrow. From a price action perspective, BTC might test the nearest level at 55K. However, if it fails to break through, there’s a high chance of a deeper drop. The closest possible red zone is 50K - 48K, and if that breaks too, next station: BTC 44K 💀. Always hope for the best but prepare for the worst. Let's hope BTC doesn’t dump to 44K 🗿. As always, maintain your risk. That's it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
USDT Dominance: A Major Move is on the Horizon!Guys! Get Ready!!! The USDT Dominance is indicating something important, and you all need to pay attention to this. USDT.D has reached the resistance trendline and is likely to be rejected down to 5.20% — a 20% drop. This would be great for BTC and the altcoins. The RSI is forming a bearish divergence, suggesting a rejection of the dominance is coming soon. If this rejection happens, it will present some good opportunities for us to enter long positions. Stay cautious and trade safely. More updates coming soon. If you find this post helpful, show your support with a like, share, and comment. Regards, Team Dexter. #cryptocurrency #USDT
CRYPTOCAP:USDT.DShort
by Dexter_The_Trader
2
BITCOIN - Price can bounce up from pennant to $61600 pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose until to resistance line, breaking $64400 level. Next, price turned around and made downward impulse to $49000 points, breaking two levels and exiting from rising channel. After this, price started to trades inside pennant, where it at once bounced up from support line. Price broke $55300 level and later rose to resistance line of pennant, which coincided with resistance level. But a not long time ago BTC bounced and fell to support line, where at the moment continues to trades near. Now, I think price can bounce from this line to $61600, exiting from pennant pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
BTC Dumps to 56K - Extreme Fear in the Market!GM crypto bro's! This morning, BTC has dumped again to 56K. The Fear and Greed Index is in the extreme fear zone at 22, and it looks like the Stochastic RSI won't be leaving the oversold area anytime soon. That's why I always remind you to stay cautious in this highly volatile crypto market, because anything can happen. Based on the current price action, the probability of dropping below 54K seems low, as mentioned in the market update on 02/09/2024. But remember, this is just my personal analysis and only a probability. As always, maintain your risk management, and that's all for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
Bitcoin In DANGER: Price Band ReversalIn this analysis I want to come back to an analysis I made back in March and June this year. I talked about my Logarithmic Price Bands indicator and how it has successfully predicted a BTC top around in the yellow band. Over two months after the analysis, the price has fallen through the yellow price band again. It's looking like BTC is losing upward momentum quickly. The final nail to the coffin of the bullish trend would be some sort of -10% or larger drop in a single day. Stocks are also eyeballing a recession risk with the bond yield inversion un-inversing, so it's not far-fetched that BTC can drop 30%-40% from its current value. The long-term trend is still relatively bullish, but we can't have too many weeks more of this slow bleeding, it's killing momentum and interest, which is bearish. Ideally, one would start scaling in once the price reached the green area, which is currently located between 18k - 41k. I highly doubt BTC will go below 30k again (looking at the BTC dominance), but you never know. Bulls have to really start showing some force. Not just a few days of +1% or +2%, but a real >10% break out to stop this 6-month pattern of bleeding. Share your thoughts!
INDEX:BTCUSDShort
by FieryTrading
11
USDT Dominance: The Rejection Is Near!USDT dominance is approaching the resistance trendline. The current movement resembles a double-top pattern, and we might see a slight push before a potential rejection. The RSI is losing momentum, indicating a significant bearish move for dominance. If USDT.D drops, it could be a positive sign for BTC and altcoins. I’ll be analyzing altcoins accordingly, so if you have any preferences, feel free to let me know. Trade safely. Regards, Team Dexter #USDT #cryptomarket
CRYPTOCAP:USDT.DShort
by Dexter_The_Trader
HelenP. I Bitcoin can break trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. Not long ago, the price made impulse up to the resistance level, which coincided with the resistance zone, thereby breaking the 56700 support level. After this, the price some time tried near this level and later dropped to the 56700 level, after which it turned around and started to move up. In a short time, BTC reached the 61800 level again and even broke it, after which rose higher than the resistance zone to the trend line. Next, the price started to decline between the trend line and firstly quickly fell to the 61800 level and broke it one more time. Then price fell more, but later turned around and rose to the trend line and continued to decline near this line. At the moment, the price is trying to break this line, so, in my mind, BTCUSDT will decline below the trend line and then rebound up, breaking finally this line. For this case, I set my goal at 60500 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
11
Spicy Wednesday: Share Your Most UNPOPULAR Crypto OpinionToday I want to try something different. I want to talk about your most unpopular opinion, the kind of opinion that will get you a lot of 🤡 emoji's on here and other forums. This is your chance to share your widely unaccepted opinion. Most might disagree, but deep down you still know that you're right. Here are a few of mine that might rustle some leaves: - 99.9% of alts are vaporware. - The previous cycle top was in April '21. The November top was 'faked' by FTX. - Nearly all investors are better off to dollar-cost-average into BTC or ETH and should stay away from day-trading. - Exchanges will actively trade against you if you trade with larger amounts. - NFT's are useless and a scam. Are the opinions above spicy enough? Hit me with your worst and let's have a sensible discussion.
COINBASE:BTCUSD
by FieryTrading
21
#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
CRYPTOCAP:USDT.D
by Cryptorphic
1
Technical Analysis of Holo (HOT) 4H TIMEFRAME ON BINANCEHOT/USDT TECHNICAL ANALYSIS BY BLAŽ FABJAN: Bullish Falling Wedge Pattern: The price action indicates the formation of a falling wedge, which is a bullish reversal pattern. The wedge is marked by converging trendlines (resistance line and support line), with the price gradually tightening within the pattern. The breakout from this wedge has occurred with a slight increase in price and volume, suggesting the start of an upward movement. Momentum Indicators: RSI (Relative Strength Index): The RSI is currently around 47.17, indicating neutral momentum. However, there is a slight upward slope, which suggests that momentum is shifting towards the bulls. Stochastic RSI: The Stochastic RSI is at 78.15, near the overbought region, but not yet fully overbought. This could indicate a short-term pullback or consolidation before another upward move. VMC Cipher Indicator: The VMC Cipher B divergences indicator shows bullish divergence, further confirming the potential for upward movement. The histogram is turning positive, which is a bullish sign. Trading Plan: Intraday Trading: Entry: Consider entering a long position around the current price levels or upon a slight pullback, ideally around the 0.001580 - 0.001600 support zone. Target: Target short-term resistance levels around 0.001750 - 0.001800. Stop-Loss: Place a stop-loss just below the recent low or support level, around 0.001550. Strategy: Focus on quick scalps and close positions if there is a lack of momentum. Scalping: Entry: Enter on minor dips or consolidation phases, particularly around the 0.001600 - 0.001610 range. Target: Target small profit levels within 0.001630 - 0.001650 range. Stop-Loss: Keep a tight stop-loss below the 0.001580 level. Strategy: Utilize tight risk management and be prepared to exit quickly if the price does not move as expected. Swing Trading: Entry: Consider entering a long position on the breakout confirmation or upon a retracement back to the breakout zone (around 0.001600). Target: Aim for higher resistance levels around 0.001900 - 0.002000 based on the measured move of the wedge pattern. Stop-Loss: Place a stop-loss below the lower boundary of the wedge, ideally around 0.001500. Strategy: Hold the position over a few days to weeks, depending on the price action and momentum. Conclusion and Trading Advice for Long Position: Bullish Outlook: The breakout from the falling wedge pattern suggests a bullish reversal. However, the RSI and Stochastic RSI indicators are neutral to slightly overbought, suggesting caution for overextension in the short term. Trading Advice: For Intraday and Scalping: Be prepared for quick trades and potential pullbacks. Ensure tight risk management due to the current levels of momentum indicators. For Swing Trading: The breakout is promising for a larger upward move. It is advisable to enter on a pullback to minimize risk and target higher resistance levels. This analysis suggests a cautiously optimistic outlook for HOT/USDT, with the potential for further gains, especially in a swing trading strategy. Always use proper risk management and adjust your strategy according to market conditions.
Long
by elfabiiani
Ethereum 8-Year Rising Wedge: Bearish Break Out!In previous ETH analyses I talked about this huge 8 year wedge pattern on the ETH chart. Where my initial takes were bullish, we've seen a bearish break out as of last week. From a neutral point of view, this is 100% bad news. ETH will likely fall more and move towards the 1000$-1500$ area (yellow). Might be a hot take, but most alts have been performing extremely poor recently and are down 60%-80% from their 2024 tops. Bitcoin is holding up relatively well, but that's because the BTC dominance increased by a factor of ~1.4x this year. Money is flowing out of alts (including ETH) and moving to stables and BTC. What do you think? Will ETH drop more, or go back up?
KRAKEN:ETHUSDShort
by FieryTrading
12