#USDT.DOMINANCE 6HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this USDT.D 6hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
According to the above-mentioned chart, we can see that every time the bull trend starts USDT.D rejects from the 4.68% to 4.94% area which is a strong resistance level.
Now I am expecting a bounce from the current % level to the strong resistance level and rejection which will trigger the bull rally in the upcoming weeks.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
Usdtd
USDT DOMINANCE CLOSE TO THE RESISTANCE LEVEL.Welcome members to this update on USDT Dominance.
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 once again close to the resistance level. In a 3 days timeframe, this resistance trendline has worked perfectly. Now, the interesting thing we need to notice is the RSI. Even though the USDT.D bounced back from the 3.77% support level, it failed to bring enough volume. This could be one of the signs projecting a drop in the USDT dominance.
To further understand the dominance upcoming scenario here are some key points we need to be aware of.
1. The 21 MA support: The 21 MA is acting as a support for the dominance right now. If the dominance bounces back from this level then we can expect the dominance to hit the resistance level soon. A rejection on the other hand will confirm a good rally incoming on BTC and other altcoins.
2. The resistance level (4.7% to 4.8%): If the USDT.D intends to climb up to this level then we will see some correction in BTC and other altcoins.
Honestly, the USDT Dominance looks bearish in a longer timeframe and soon we will see a big drop incoming. The only invalidation point will be the 5% resistance level. If the dominance breaks out of this level then the direction of the entire market will change.
What do you think about the dominance? Let me know your thought.
Thank you.
#USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERS Hello members, welcome to USDT.D 4-hour update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
In the current scenario, in the 4hr chart, it broke the lower trend line and we are expecting a retest and downfall from this level in the upcoming days.
We should wait for the retest which will be the zone for going long on ALTCOINS in usdt pair.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
INDEED, IT WAS A RETEST. 4.8% TO 5% IS THE NEXT TARGET.Hello members,
Here's a quick update on USDT.D. The USDT dominance followed scenario 1 (The dominance will bounce back hard up to a 5% resistance level) from the previous update. The dominance is at 4.5% level and looks like 4.8% to 5% is an imminant level where the USDT.D can reach in few days. This means BTC and altcoins may still continue to dump.
Well, whatever goes up, must come down . This line is applicable here so trade wisely and wait for the right moment.
USDT DOMINANCE: IS IT A RETEST???Welcome members to this update on USDT DOMINANCE.
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 at the zone where you get a mixed feeling in your mind. THe USDT.D is still above the 4.14% support level and the current price movement looks like a retest. It is a decisive zone for dominance right now and it is clearly creating two scenarios.
1. The USDT.D will bounce back hard up to a 5% resistance level.
2. Further rejection, back to the 3.77% support level.
These two scenarios are fully dependent on that one single support line. It will be wise enough to wait for the weekly close and see where the market is heading.
Some coins to keep an eye on will be C98, GALA, ALPHA, and TOMO.
I will update more on it so do follow and like my ideas.
Thank you.
#USDT.DOMINANCE DAILY UPDATE BY CRYPTOSANDERSHello, members welcome to the USDT.D 1D chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart that USDT.D is trading below the resistance on the daily chart which is a decisive point for ALT coins.
According to the current scenario if usdt.d rejects from the current level then it will be great for the ALT coins in usdt pair.
In another scenario, if it brakes the resistance then the ALT coins in usdt pairs will bleed.
IMO it's better to stay aside from taking trades currently and we should wait for the confirmation.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
USDT DOMINANCE UPDATEHi 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
Financial advice.
The dominance has retested these 4% resistance levels. We need to be extra careful here as this is a decisive moment for the entire market. The chart is pretty simple and clear on what could happen next.
We just need to close one more daily candle below this resistance.
let's see how the daily candle closes.
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
USDT.D BOUNCING BACK.Hey guys,
Let me keep this short and simple.
The USDT.D broke above the 21 MA. If the dominance continues to rally higher the 4% level will be a good resistance that might hold USDT.D. Breaking above 4% resistance will bring chaos to the market.
If you have any open positions then use SL accordingly. More updates coming in.
THE USDT DOMINANCE BACK TO THE 3.77% SUPPORT LEVEL.Welcome to this USDT Dominance update.
Let me keep it short and simple.
Guess what? The USDT.D got rejected exactly from the 21 MA and it is currently testing the 3.77% support level. If this support level is broken for USDT.D then wala! Welcome to the bullish rally.
Let's be extra careful here cause if the dominance bounces back from this level then it's a gone case for BTC and other altcoins. Moreover, we are on the weekend and the major impact happens either during the weekend or after the weekend.
So keep your eyes wide open.
Like and follow for more updates.
See you around.
USDT DOMINANCE BOUNCING BACK!!!Welcome members to this update on USDT Dominance.
Okay, let me keep this short and simple.
The USDT.D holds important support at the 3.77% level. If you remember my previous update from March 10 then in that post I mentioned the 3.77% as an important support for USDT.D. This is the exact same level from where the USDT.D bounced last time.
For now, we need to keep track of the 21 MA. If the USDT.D breaks above the 21 MA then there is a higher possibility that USDT.D will rally higher which clearly indicates that BTC and other altcoins will dump pretty bad.
Note: The 3.77% is no joke here and the rise in RSI from the oversold level is giving an extra boost to it.
Let us be extra cautious here and trade safely.
I will update you about the market time and again so do follow up and keep in touch.
Thank you.
Tether Dominance Long-Term AnalysisWe looked at this index on the short-term, ultra bearish yesterday we said.
Now, I would like to look again at Tether Dominance (USDT.D) but long-term.
Doubt can creep in anytime as the market can always turn...
We can be bullish today and tomorrow everything is red.
But things can go from red to green as well.
We see the Tether Dominance chart as bearish on the long-term... We will get into the details.
EMA10 is working as support on this weekly chart.
EMA10 is at 4.17%.
Last week we have a high wave candle after a lower high.
We also have a lower high long-term compared to June last year... This is very bad when it comes to TA.
I changed my mind... I don't want to go into details anymore.
This thing is bearish and if the inverse correction between BTCUSD and USDT.D continues, then Bitcoin is set to move higher as the Tether Dominance drops.
This is also a famous pattern:
I will do better next time.
Thanks a lot for the support.
Namaste.
USDT DOMINANCE DECISION TIME!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
As per, my previous USDT DOMINANCE chart is going good now we have a 4% level as support so we have broke and close below this level.
Then we can expect a drop of up to 23%.
4% 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
Pump or Dump: USDT.D chartUSDT.D is at a lower support, we could expect a bounce back to the higher pink rectactle, so cryptos will start dumping a bit.
If price closes below the lower pink rectacgle, cryptos will start pumping. I would start buying, I have sold all my cryptos at this point.
Right now, I wouldn't buy any crypto and will wait for the break of the lower pink rectactle.
Cheers!
USDT DOMINANCE UPDATE: BE CAREFUL!!!Hello guys, welcome to the USDT.D update.
The dominance has dropped to the 4% support level as expected. We need to be extra careful here as this is the decisive moment for the entire market. The chart is pretty simple and clear on what could happen next.
Here are the two scenarios that could possibly take place.
Scenario 1: The USDT.D could bounce back like it did in the past and can rally back to 4.85%. This would mean that BTC and the entire market will dump once again.
Scenario 2: The USDT.D could break down further towards 3.8% to 3.6% which will surely give enough room for BTC and other altcoins to rally higher.
Okay, but which scenario suits the best?
Well, in order to get a clear confirmation we need to pay attention to the following things:
1. Support level: 4% is strong support for the USDT.D and I have already explained this in my previous update.
2. BTC and other Altcoins: BTC and almost every altcoins are on the bullish side of the market. It must calm down in order to maintain a good balance in the market.
3. RSI: If you pay close attention to the RSI then for USDT.D, it is already at the oversold range but for BTC and other altcoins, the RSI is at the overbought range.
What do you think about the USDT.D and the market? Do share your thoughts. I will be happy to read them.
More updates coming in.
USDT DOMINANCE UPDATE: WILL IT HOLD THE SUPPORT???Welcome members to this update on USDT Dominance.
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 in 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 it or use it to understand the market.
Let's get back to the chart.
The USDT.D has been rejected as expected and if it continues to dip then 4% support is not far away. This will be an important area where we need to be extra careful. 4% is a strong support level for USDT.D and ever since this lower trendline has been created at the beginning of the year, the USDT.D has always respected this trendline. So, there are chances that the USDT.D will once again respect this trendline and bounce back.
What interesting can happen is if the USDT.D breaks down below the 4% support level. That will be a disaster for the dominance but a boom for BTC and other altcoins. Now, we also need to keep in mind that a bounce is expected anytime soon and if that happens, BTC and other altcoins (which are at resistance level) will possibly fall.
So, be careful with your trade setups. If USDT.D shows any sign of long green candles, that would mean that the dominance is trying to bounce back and we can possibly short some coins. I will update more on that later but for now, let's stay extra alert.
Let me know what you guys think.
Do like and comment.
Thank you.
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this USDT.DOMINANCE analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to USDT.D 4 hour update by CRYPTOSANDERS.
If you have gone through with our yesterday's usdt.d 3-day chart then you will remember in that chart we mentioned that usdt.d is looking bearish in long term.
In the current scenario, in 4hr chart, it broke the lower trend line and we are expecting a retest and downfall from this level in upcoming days.
We should wait for the retest which will be the zone for to go long on ALTCOINS in usdt pair.
If it moves back inside the triangle pattern then our this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.