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.
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Thank you.
Usdtd
#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.
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Bitcoin To Continue Higher as Tether Dominance Goes LowerWe continue seeing bearish signals on the Tether Dominance Index (USDT.D) chart.
Yesterday we looked at the long-term chart and the RSI (weekly), the signals were clear there.
Looking at it closer today, our view remains the same.
- We can see prices moving below EMA10 on a full bearish candle.
- The RSI is trending down strong.
These signals are pointing lower.
The blue space on the chart is the main target/support.
Namaste.
Tether Dominance Overbought | Long-Term RSI AnalysisHere we have a pretty clear as well as strong signal coming out of the weekly RSI for the Tether Dominance Index (USDT.D) chart.
Each time the RSI went to overbought, or just got close to it, Tether Dominance would enter a correction phase.
We have now USDT.D overbought which can signal that it is about to move lower based on past history.
With the inverse correlation between Bitcoin (BTCUSD) and Tether Dominance (USDT.D), we can see BTC rise while USDT.D falls.
Thank you for reading.
Thanks a lot for your continued support.
Namaste.
USDT DOMINANCE: IS IT TIME FOR THE DOMINANCE TO FALL???Hey there members. Welcome to this important update on USDT Dominance in 3 days timeframe. This update is going to be a crucial one as it will decide whether the market will make a bullish move or whether it will break down further.
So, let us analyze this chart.
Ever since the September 2020 rejection of USDT.D, the dominance has been maintaining the support and resistance trendline in a very healthy manner. Back in September 2020 when the USDT.D got rejected, it dumped from 4.89% to 1.91% which was around a 60.6% drop. The 2nd rejection was on June 2021 when the dominance reached 5.5% making a new ATH. It dropped from 5.5% all the way to 2.45% and it was around a 55% drop.
Coming to the current scenario, the USDT.D has made a new ATH at 7.27% and after reaching this level, we can clearly see a rejection taking place. But, will this rejection be strong enough to drop the price all the way down to the 3% level? Or whether the USDT.D will rally higher than its ATH?
The answer lies within the chart. From my analysis, the USDT.D has strong support at 5.9% and another support at 5.2%. If the USDT.D breaks down below these two support levels then we can expect the dominance to drop down towards the 3% level.
I will update more on this in the coming days.
Do let me know what you think about the USDT Dominance.
Like and follow if you agree with this idea.
Thank you.
USDT.DOMINANCE 4HOUR 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.
I have tried my best to get the best possible results in this chart.
Hello, dear traders welcome to this USDT.DOMINANCE 4hr chart analysis.
As we can see from the above chart, USDT.D is currently trading inside a symmetrical triangle pattern created, and the upper side brake and retest and usdt dominance
is bounce sand target 7.08.
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.
USDT DOMINANCE: A RALLY TOWARDS A NEW ALL TIME HIGH???Once again welcome traders, to today's USDT Dominance update.
The USDT Dominance is moving as analyzed in my previous update. BTC and other altcoins dropped to the support zone and some went down below the support level. I personally had my entries in ETH, RUNE, and BTC and I am still holding it with close SL cause all my long positions are on spot.
The USDT.D has its resistance at 6.5%, 6.6%, and then 7.1%. If the USDT.D breaks the 6.6% resistance then 7.1% could be the last hope for the dominance to get rejected making a double top in a longer timeframe. If not then it is possible that we will witness another new all time high in the USDT dominance.
If you agree with this idea then do like and follow for more updates.
Thank you for your support.
USDT DOMINANCE UPDATE.Hello traders, welcome to this update on USDT.D.
This is the chart that is not allowing me to trade. This is making me skeptical to enter into any trade apart from my spot holdings.
The USDT.D clearly broke out, did the retest, and bounced back. Looks like it can rally higher up to 6.48% to 6.8%. I am not entering into any leveraged trading as per the current scenario but I will surely post some possible altcoins which can rally higher if the market is in the bull's favor.
Make sure to like and follow for more updates.
Trade safely.
#USDT.DOMINANCE 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 inside a symmetrical triangle pattern created, and the upper side brake and retest and usdt dominance
is bounce sand target 7.08.
A break below the upper trend line level would trigger the USDT pair altcoin is pump
Here if USDT.D breaks down it may move towards the 5.20% level.
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.
Tether Dominance Still MixedTether Dominance (USDT.D) hit an All-Time High this very month, just as Bitcoin (BTCUSD) went through the worst drop in several years.
This chart is not weak but a high has been hit.
Each time the upper trendline is hit, we tend to have a correction.
This is a mixed situation... But the volume is lower now compared to June 2021.
So USDT.D is likely to correct...
Still, this is a difficult chart.
Namaste.
USDT DOMINANCE: SHOULD WE BE WORRIED???Hey guys, welcome to this USDT.D update in 6 hours timeframe.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
The USDT.D is still above the 5.5% resistance trendline in a longer TF which is now technically acting as support for the dominance. If you view the same chart in a longer TF then you'll notice that the USDT.D has actually retested and getting ready to bounce back.
In this 6-hour TF, the dominance is breaking out of the triangle which looks like a descending triangle to me. Usually, the descending triangle is a bearish pattern but in some cases, it could be bullish too and we call it a 'Reversal Pattern'. If the dominance has to bounce then it may reach all the way to 6.5% to 7.2%. This means that BTC and other altcoins will drop. A breakdown on the other hand could drop the dominance up to 5.5%.
We still have roughly 4 hours for the candle to close so let's see what will happen next.
Until then, trade safely.
#USDT.DOMINANCE 2HOUR UPDATE BY CRYPTOSANDERS !!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 inside a symmetrical triangle downside brack the candle and bullish usdt pair coin.
A break below the lower trend line level would trigger the USDT pair altcoin is pump
Here if USDT.D breaks down it may move towards the 5.20% level.
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.
Tether Dominance Going Down, Bitcoin Going Up!I just shared a trade idea for Bitcoin mentioning a "relief rally"... See it here !
Here we can see USDT.D closing below EMA10 after an inverse cup pattern.
This signals lower prices.
With BTCUSD and USDT.D having an inverse correlation, we can see BTC's price rise while a drop happens in USDT.
I am keeping it simple for now...
I will go into more details later on.
Welcome back!
Thanks a lot for reading and for your continued support.
Namaste.
#USDT.DOMINANCE 2HOUR UPDATE BY CRYPTOSANDERS !! 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 inside a symmetrical triangle pattern.
A break below the lower trend line level would trigger the USDT pair altcoin is pump
Here if USDT.D breaks down it may move towards the 5.20% level.
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.