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USDT DOMINANCE: THIS ISN'T GOOD!Welcome traders to this USDT Dominance update. Timeframe: 6 hours. Update: This break out right there, isn't looking good to me. It looks scary and if it doesn't drop down leaving a shadow behind, then the market will bleed bad. For the last 30 days, the USDT.D was under a falling wedge pattern and today it has broken above it. This means the market is on the red alert and we the trader should trade safely. Conclusion: We still have 4 hours and 30 mins left for this candle to close so either we can wait for confirmation or close positions accordingly. For the last couple of weeks, I was out of trades so currently, I am not holding any positions. If you are stuck in any trades with heavy losses then you better be careful. Always use SL to be on the safer side. I hope this idea was helpful to you. Trade safely.
CRYPTOCAP:USDT.DLong
by Dexter_The_Trader
8
#USDT.DOMINANCE 4Hr UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. USDT dominance analysis If USDT dominance follows this then we may see a big dump in the BTC price. This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade. Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits. Thanks.
CRYPTOCAP:USDT.D
by CryptoSanders9563
1
USDT.DOMINANCE 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. USDT dominance analysis If Dominance does a triangle break down from here then we can see that Dominance almost 8% dump to which Altcoin and Pump will happen This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade. Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits. Thanks.
CRYPTOCAP:USDT.D
by CryptoSanders9563
USDT.DOMINANCE 6Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. USDT dominance analysis In current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print down fall. As majority coins are already down by 15% - 20% gain above will lead more red candles at ALT COINS. Rejection will bring relief to alt coins or break above will lead USDT DOMINANCE towards the upper trend line resistance at 6.7% level which will be unsatisfactory for alt coins This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade. Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits. Thanks.
CRYPTOCAP:USDT.D
by CryptoSanders9563
#USDT.DOMINANCE 4HOUR UPDATE !!USDT dominance analysis As USDT DOMINANCE is trading inside the falling channel pattern on a lower trend line and crucial support zone , here it needs to break below to bring a consecutive green candle in ALT coins. If we consider MACD is moving upwards and it’s about to print a bullish cross which is an indication for a green candle in STABLE DOMINANCE towards the upper trend resistance. Bounce from the current level will lead dominance towards its upper trend line resistance. Break below from current will be great for altcoins to print green candles. This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade. Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits. Thanks.
CRYPTOCAP:USDT.D
by CryptoSanders9563
1
Drops Below EMA100 | Bearish ConfirmedThere is nothing bearish for cryptocurrency in us seeing the Tether Dominance Index go bearish. This is bullish for the entire cryptocurrency market. The close below EMA100 is the main red signal we look at today. Seeing a red candle below this level, blue line on the chart, is the bearish confirmation. Today is just continuation. Do not expect any pullbacks this thing is about to speed up. See you above $26,000 Bitcoin. See you at $2500 Ethereum... Let's see how all the Altcoins also grow. Namaste.
CRYPTOCAP:USDT.DShort
by MasterAnanda
2
USDT DOMINANCE: A BOUNCE BACK INCOMINGHello traders, here's a quick update on USDT Dominance. Timeframe: 4 hours. Update: In my previous update, we discussed how the USDT.D formed a bullish falling wedge pattern but failed to break above the resistance trendline. This clearly showed a rejection and the market pumped. Current Scenario: Right now the USDT.D is bouncing back precisely from the support level drawn in the chart. If I am not wrong then we can expect the dominance to rally further high towards the 7% resistance level. Conclusion: I expect a correction in the market which means shorting the market is likely in favor. The USDT.D breaking down below the 5.9% support level will invalidate this chart. I hope this update is helpful to all. Keep supporting with your likes, comments, and follow. Thank you.
CRYPTOCAP:USDT.DLong
by Dexter_The_Trader
6
USDT DOMINNACE: A BULLISH FALLING WEDGEHello traders, welcome to this USDT Dominance. Timeframe: 4 hours. Update: In my previous update, I mentioned the USDT.D entering the 5.7% support line, well, it didn't happen. Rather the dominance bounced back from 6.21% making a new support level. The chart is under a bullish falling wedge pattern and if it successfully breaks and closes above the resistance level, we may see the dominance reaching some higher levels. The only thing that could hold the dominance is the resistance trendline from where the dominance got rejected twice in the past. Conclusion: With the market turning bearish, upcoming FED news, and the dominance bouncing, things look skeptical. In this present situation, it's better to stay aside and let the market comes to a conclusion. If at all you wanna trade then do some scalping cause the market is most likely to get volatile. I will update more on it until then trade safely. Support me with your likes and comments and do follow for more interesting ideas.
CRYPTOCAP:USDT.DLong
by Dexter_The_Trader
1
#USDT.DOMINANCE UPDATE 4HOUR!!USDT dominance analysis USDT Dominance Resistance Label Red Zone & Breaks USDT Dominance Breaks trend line Downside Then USDT Dominance Will dump and downside 4.88 and 5.84% and Altcoins pump and Pump BTC. This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade. Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits. Thanks.
CRYPTOCAP:USDT.D
by CryptoSanders9563
USDT.DOMINANCE 4HOUR UPDATE !!USDT DOMINANCE ANALYSIS USDT dominance support label red zone and brake USDT dominance breaks 21 MA downside then USDT dominance could see 5.84% plus 4.88 altcoins will pump and BTC will pump This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
CRYPTOCAP:USDT.D
by CryptoSanders9563
1
USDT DOMINANCE: ENTERING THE SUPPORT ZONE.What's up traders? Here's a quick update on the USDT Dominance. Timeframe: 4 hours. Update: The USDT Dominance broke down below the 7.3% support level in the daily timeframe. This breakdown gave relief to BTC and the other altcoins. Currently, in a lower timeframe, the USDT.D is entering the support line of 5.7%. If that happens then it will be close to a -7% drop which means BTC and other altcoins will have more room to grow. RSI: We need to keep an eye on the RSI level. The dominance is clearly dropping but the RSI recent low is higher than the previous low (a bullish divergence formation). Looks like the green in the market won't last for long (just an assumption). Conclusion: Comparing BTC and the USDT.D, we can expect a higher rally in BTC in a short term but don't consider this to be a bull run. We are far away from it. Consider this as a short-term gain to balance the market. Let me know your opinion on this and correct me if I am wrong. Would love to know your ideas. Thank you.
CRYPTOCAP:USDT.DShort
by Dexter_The_Trader
Tether Dominance Looses Major Support, Bitcoin To The Moon!USDT.D Gapped down today and after some strugle with EMA100 (blue line on the chart), the bears came out on top... This is good news as Tether Dominance drops Bitcoin grows. We are open to see a $4,000 USD day on Bitcoin maybe this same week. Looking at the bearishness of the USDT.D chart, gives confirmation. The next support that will be challenged will be 5.60% follwod by 5.26/5.05%. With such a huge drop not only Bitcoin will grow but the entire cryptocurrency market is about to enter an impulsive bullish phase. Namaste.
CRYPTOCAP:USDT.DShort
by MasterAnanda
1
USDT DOMINANCE: BROKE DOWN THE SUPPORT LINE.Hello traders, welcome to the USDT Dominance update. This update will be the continuation of the previous one. Timeframe: 1 day. Update: The USDT.D broke down below the support level in the daily timeframe. This time, it didn't follow the past movements. So, is it good for BTC and other altcoins? Yes, it is but at the same time we need to be careful cause any negative news and the dominance will jump straight inside the trendline again making a fakedown move. We can see that BTC and other altcoins are showing some positive moves which is good and until and unless the USDT.D is below the trendline, the market will remain bullish in a short term. I will post more updates on this until then trade safely. Thank you.
CRYPTOCAP:USDT.DShort
by Dexter_The_Trader
Tether Dominance Strong Bearish Signals Bitcoin Soaring!Now we are back to the candlesticks and we have strong bearish signals on this chart. This is the daily timeframe/peridiocity for USDT.D. We have a lower high 13-July compared to 18-June. Prices trading below EMA10 and EMA21. As EMA50 works as support, this level is being weakened the more it is challenged. (USDT.D daily now trades below EMA50) The RSI has gone below 50 (bearish) while USDT.D values are high. Today's candle is already displaying an upper wick, signaling bearish pressure. It looks as if a strong drop can happen within days... This would be equivalent to Bitcoin going through the roof. On the 4H timeframe, we can see bearish momentum building up. A strong rejection at MA200... As USDT.D drops, Bitcoin grows. Namaste.
CRYPTOCAP:USDT.DShort
by MasterAnanda
1