Tether Dominance Continues Bullish, Hits Another Resistance... USDT.D (Tether Dominance Index) did not drop and continues higher...
But this is possible of course.
We are seeing the "last hoorah", the last jump, the peak, the top, the All-Time High... After the All-Time High comes a new low.
Bitcoin hit an All-Time High back in November 2021, it has been dropping since.
Technically the ATH was hit back in April 2021... So Bitcoin has been dropping for more than a year based on this one.
This is exactly what will happen to the Tether Dominance Index (USDT.D).
After the next peak price, it will have a long-term bear market...
Why are we interested in this?
Bitcoin's price based on BTCUSD and the USDT.D index have an inverse correlation.
The fact that this index is massively overbought and reaching new highs tells us that Bitcoin is massively oversold and hitting new lows.
Bitcoin is at the bottom, USDT.D is at the top.
This will reverse and that's our call.
Namaste.
Usdtd
Tether Dominance Moved Higher But Bears Are ComingSince our last analysis, Tether Dominance Index (USDT.D) has broken the last resistance and gone higher... This is a "last hoorah" based on the chart candles and signals.
We have shooting stars, Dojis and hammers all at new highs/resistance.
Seeing these candles at new high prices can signal that the top is in.
What follows after a new top is a strong correction.
The MACD is also at new highs but trending lower after a bearish cross.
Sooner or later, rather very soon... USDT.D will drop strong and inversely Bitcoin will go up.
Namaste.
USDT DOMINANCE: ARE WE DONE WITH THE RALLY?Hello traders, welcome to this USDT Dominance weekly update.
The USDT.D might be dropping down in a lower timeframe but in a higher timeframe, it is yet to reach the resistance level which is at 11.43%. It is also possible that the USDT.D may get rejected from here as it did in the past (July 2021). I hope you can relate all this to my BTC, ETH, and USDC.DOM updates. If you have paid attention then you will notice that in a higher timeframe, everything is indicating the beginning of the 3rd quarter (July) to be positive for the market.
I may be right, or I may be wrong but I trust my instinct and my T.A. We are still at the end of the 2nd quarter and even now the market can move in any direction. The upcoming weekly close will be important so be extra cautious with your trades.
If there are any scalping opportunities then I'll update until then take care.
USDT Dominance may now go up, may fall below 7.66% Looks like!!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
USD dominance 4 hours update looks like dominance may once be on the way and rejection from 7.66% should be considered as BTC is yet to dump around 13% so this is my view
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.
Thank you
usdt dominance Well, the story that I was expecting was touched by friends of Trend Line, but it is possible that it will hit the ceiling again. (Beat will touch Channel 26 once again)
I look forward to returning from this area.
If the trend line is broken, it is very unlikely that I will give you a new analysis
This is just a personal view, not a buy or sell
USDT DOMINANCE: CAN WE CALL THIS A DOUBLE TOP???Hello fellas, we have seen something interesting happening in the market. In my previous BTC update, I discussed the crucial support levels and how BTC is still not showing any bullish confirmation. Well, here I am with an interesting update on USDT.D. I bet this will be worth reading.
In this chart let us try to connect all the dots and analyze the future outcome of BTC and other altcoins.
1. BTC and altcoins: BTC and other altcoins are in a bearish mode right now and it is hard for the bulls to trade in this current market situation. As we are in the bearish zone right now, the next phase will be a bullish phase.
2. BTC Dominance: We all know how the BTC dominance plays off. Currently, BTC Dominance is increasing and BTC is dumping, which means altcoins are dumping as well. So, in the next scenario, if BTC dominance gets rejected and BTC will pump, altcoins will have some massive pump as well.
3. RSI: The RSI radar in BTC and other altcoins are at the oversold range whereas, in both BTC & USDT Dominance, the RSI is at the overbought range. This clearly means that soon we will see the RSI on BTC and other altcoins rallying up and the RSI on the dominance dropping down.
Lastly, 4. USDT Dominance: As you can see in the chart, the USDT.D is making a double top pattern in a daily timeframe. If that's the case then we may see the USDT.D rallying close to the 7% range or a new ATH followed by a rejection. This rejection could be either a 15% drop or even a 30% drop depending on how the market will rally.
Conclusion: We may be witnessing some drops right now but soon we will witness some pumps as well. So, be prepared cause the charts say it all. I hope all the will play off accordingly.
Take good care of yourself.
Like and follow will be highly appreciated.
Thank you.
#USDT dominance may come now. Looks like it?Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
USDT dominance trading in its red zone area and using rejection from here is a force in dominance, so from here USDT dominance is down around 13% to 16%, which could see bullish momentum in the altcoin.
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.
Thank you
#USDT.DOMINANCE 2HOUR UPDATE BY CRYPTOSANDERS !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
As we can see in the chart mentioned above that USDT.D broke the upper trend line and pumped almost 6% which moved down n the altcoins 10% - 12%.
The current scenario is heading towards the resistance level and bull traders expect rejection.
Rejection from the resistance is the cure to recover from red to green in altcoins.
A candle close above the resistance will turn the scenario into the worst case.
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.
Thank you
USDT Dominance Breakout and Retesting. USDT.D Update Hello my friends, This is an update of previous analysis (blow link). Consider USDT market cap to help identify market movement, Everything is marked on the chart. Good luck.
If its useful please like it as a support and follow me for next analysis :)
#USDT.DOMINANCE 4Hr UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
Hello, dear traders welcome to this USDT.DOMINANCE 4hr chart analysis.
I have tried my best to get the best possible results in this chart.
Welcome friend I think you guys are doing good business. The dominance is broken and the 100MA rejection and altcoin pump the USDT pair! good profit.
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.
Thank you
#USDT.DOMINANCE 4Hr UPDATE !!Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Welcome friend I think you guys are doing good business. The dominance is broken and the 21MA rejection and altcoin pump the USDT pair! good profit.
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.
Thank you
USDT DOMINANCE: A BREAKOUT OR FAKE OUT?USDT Dominance at present.
I don't know what you guys think about the USDT.D present chart but this little breakout looks scary. If the USDT starts to rally from this range then BTC and other altcoins are gonna dump pretty bad. Keep an eye on it and trade carefully. Until and unless the USDT.D breaks down, it will be a risky business to completely go long on altcoins. If the current or next candle bounces back then it will clearly be an exit sign for time being and we can plan for re-entry later. Let's hope that this will turn out to be a fake-out.
Do share your views regarding the market.
Thank you.
USDT DOMINANCE: STILL MORE TO DROP.Hello traders,
Here's a quick update on USDT Dominance in 4 hours timeframe.
The USDT.D dropped as expected. The dominance has been continuously getting rejected from the resistance trendline and then finally after the weekly close, it dropped making a long red candle. According to the T.A, the dominance can still drop up to the 5.7% level which could be a good area for BTC to reach the $32.2k resistance level.
What's your thought on this? Do let me know.
Like and follow for more.
Thank you.
#USDT.DOMINANCE 2Hr UPDATE !!Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
welcome mate I think you guys are doing good trading. DOMINANCE is break and pumps altcoin usdt pair! good profit.
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.
Thank you
#USDT.DOMINANCE 2Hr UPDATE !!Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
READY DOMINANCE is break and pumps altcoin usdt pair!
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.
Thank you
#USDT.DOMINANCE 2Hr UPDATE !!Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
As we can see at the above-mentioned chat that USDT.D again gained some % and currently trading below the resistance level here, it needs to reject from the thighs level to move downside which will be the right time to enter long positions.
Break above will lead USDT pair coin to bleed more.
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.
Thank you
#USDT.DOMINANCE 2Hr UPDATE !!Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
As we can see from the above chart, USDT.D is currently trading on an upside momentum from the formed triangle pattern,
and downside retest and 5.87% and altcoin is the pump and usdt pair coin.
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.
Thank you
USDT DOMINANCE: AT THE VERGE OF DROPPING DOWN.Hello traders, I hope you guys are doing great.
The USDT dominance is showing a sign of rejection after making a quick bounce back from 5.77% to 6.31%. We can clearly see that the dominance got rejected, and if it continues to do so then 5.77% could be the possible level. In a meantime, we can see some bounce in between.
What's your thought of USDT.D? Let me know in the comments.
Do like, and follow for more ideas.
Thank you.