#USDT.DOMINANCE WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we mentioned in our last update that USDT.D will bounce from the yellow trade line and it bounced right from the yellow trade line and currently moving towards red tradeline or upper trend line. We hope that USDT.D will reject from the red trade line after that we will be able to see some good rally in ALT coins
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Usdtd
USDT DOMINANCE UPDATE IN SHORTER T.F... Welcome folks to my new update on USDT DOMINANCE. I am gonna use 8 hours timeframe to explain to you the current and upcoming possible scenarios.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. 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.
In a higher frame, we saw that USDT.D was close to the resistance area and we are expecting a rejection coming in soon. In the 8 hours timeframe, the current range is at the 21 MA support level (4.64%). As you can see that the USDT.D after bouncing back from the lower supporting trendline is already 20% up and it is yet to hit the upper resistance trendline. Looking into the technical aspect, the RSI, and the chart movement, the USDT.D can possibly rally higher towards the 5% resistance level. This could mean that BTC and other altcoins will drop a little bit more.
On the other hand, if the USDT.D gets rejected from the 21 MA then we can expect the dominance to fall up to the support level. This could mean a good rally in BTC and other altcoins.
In both ways, USDT dominance will reject and this could be a good opportunity to make some profits.
What do you think about the USDT dominance? Do you think it will get rejected or will it make a jump from here?
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REJECTION IN USDT.D WILL LED US TO SEE SOME GREEN CANDLES IN ALTWelcome to this quick USDT.D analysis in the chart !
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Welcome to our USDT.dominance update we can see some rejection from 4.64% to 4.77% range. Till then we should avoide to take tarde because taking trade in this scenario will be bit risky. Always remember good traders never go opposite of market trend. Always try to understand the trend of market and trade with the trend and sentiment of market.
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Sorry for my English it is not my native language.
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USDT DOMINANCE: NOT GIVING UP!!!Hey folks, welcome to my new update on USDT Dominance.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. 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.
'I'm not giving up' I guess that's the song the USDT.D is singing right now and the market is watching. Jokes apart, the USDT.D is holding strong support at the bottom trendline. I guess we are closing down to the edge of the decisive moment and looking into the present scenario I am gonna analyze some valid points for a clear picture.
1. The USDT.D has been rejecting from the 5% resistance level and also it has been bouncing back from the yellow dotted supporting trendline. Comparing both levels, the resistance seems stronger than the support and I am expecting a rejection towards 3.77% soon.
2. If the USDT.D manages to break above the 5% resistance level, still it needs to break through the yellow dotted upper trendline. The 21 MA is also strong support for the USDT.D which isn't good for the market.
So, I have said this before and I am still sticking to these words if the USDT.D breaks the 5% ceiling (resistance) then I am gonna exit my trades and will look for a better entry-level.
What do you guys think about the USDT dominance? Will it get rejected or will it breakout?
Let me know your thoughts in the comments.
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Good hours ahead.
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USDT/DOMINANANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
welcome to our USDT.D update as we can see that USDT.D rejected from the upper yellow zone and that's why we saw some green candles today.
USDT.D is currently trading on the lower support level if it breaks down the 4.46 level then we will see more green market.
If dominance bounces right from the support level then we can take some short calls.
Sorry for my English it is not my native language.
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USDT DOMINANCE: GOT REJECTED ONCE AGAIN!!!Welcome folks to my new update on USDT DOMINANCE.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. 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.
The word 'STRONG' is perfect to define the 5% resistance level on USDT.D. The USDT.D has been continuously getting rejected from this same level. The current candle is at the 21 MA support and if the USDT.D breaks below it then there will be a short-term bullish rally in BTC and other altcoins. A bounce-back will surely not be good. We still have strong support below the 21 MA and in order to confirm a massive rally in the market, the USDT dominance must break down below the 3.77% support level.
In the meantime, I am gonna scalp trade, continue to hold my mid-term and long-term holding.
What's your plan?
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I will see you in my next update.
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USDT DOMINANCE: STILL NOT ENOUGH!!!Welcome folks to my new update on USDT DOMINANCE.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. 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.
Looks like the USDT Dominance hasn't got enough strength to break through the 5% resistance level. Every time the dominance tried to break through it, the end result was a rejection. Well, this time will it get rejected again? Or will it break through? Let us discuss on this chart the possible outcome of USDT Dominance and the entire market.
The USDT.D has been gradually increasing making a higher low pattern but comparing it with the RSI, the RSI is decreasing making a lower high pattern. Whenever we notice such differences between the RSI and the actual chart, it indicates either a dump or a pump, and in this case, we may see a dump coming soon. This means BTC and other altcoins may rally higher.
Flipping the other side of the coin, if the USDT.D denies the dump and breaks through the 5% resistance then we will surely see a major dump in the entire market. So, the 5% resistance is still a valid resistance level and I will stick with it.
My biased is towards rejection. What about you? Do you think the USDT dominance will reject or will it breakthrough?
Share your views in the comments.
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I'll see you in the next update.
Thank you and trade safely.
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As i mentioned in my last update we can see a bounce from here and till now moving in right direction.we hope that soon dominance will reject and will be able to open some long trade.
Its time for short trade, will be posting some short calls after analysing some coins in a while.
As we can see dominance 4-hour update dominance rise from here to 5.07% to 5.24% and when it rejects from there then we can take trade.
Sorry for my English it is not my native language.
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USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we can see dominance 4-hour update dominance rise from here to 5.07% to 5.24% and when it rejects from there then we can take trade.
I think we can take some short calls from here
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.
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IMPORTANT UPDATE ON USDT DOMINANCE. DON'T MISS THIS!!!Welcome folks to my new update on USDT Dominance. To analyze USDT.D, I am gonna use a higher time frame (2 days).
If you are viewing my post for the first time then do hit the like button and graciously follow as well. 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.
The USDT dominance is rallying back to the resistance level at 5% rejecting all the drops. But is it gonna break above the resistance? The dominance has already hit the resistance level twice and if the dominance reaches the level then this will be the third attempt. In the chart, you can clearly see that back in 2021 between June & July, the USDT dominance made a double top and then got rejected. We can expect a similar move here only if the dominance stays below the 5% resistance level. Breaking above this resistance level will be a nightmare for BTC and other altcoins.
Let's take a look at the RSI. The USDT dominance might be rallying higher but there ain't enough strength in the RSI. The RSI is weak which indicates that the USDT dominance will fall sooner or later. I am keeping my eyes on it and waiting for the right opportunity to enter the market.
What do you think about the USDT dominance? Do you think that rejection is near or will it explode higher?
Let me know in the comments.
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USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we can see dominance 1-hour update dominance rise from here to 4.69 and when it rejects from there then we can take trade
Sorry for my English it is not my native language.
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USDT DOMINANCE FACING A SLIGHT RESISTANCEWelcome folks to this new update on USDT dominance.
We saw some correction in the market which was much needed. The current scenario is paused as the USDT dominance is facing a slight resistance. The USDT dominance has already got rejected from the upper trendline at 5% and I am expecting a rejection from the current resistance level as well.
If the dominance manages to break out above the resistance level then be prepared for some more dump in the market. 3.77% is still a valid support level for USDT dominance. BTC will rally higher once the USDT dominance breaks down below 3.77%.
Keep an eye on the current. Let's expect a rejection here.
What do you guys think about the USDT dominance? Do you think it will fall or rise?
Share your views in the comments. I will be happy to know your ideas.
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Bitcoin Straight Up But Why? $47K Followed by $55KAt this spot it generally hard to figure if a retrace is coming after hitting resistance for BTCUSD or if it will continue straight up...
I say straight up.
Feel free to hit LIKE now and let's get started.
Other than the obvious and strong bullish bias that has developed on the Bitcoin chart, we also have a new tool.
( Thanks to @CryptoSoap who mentioned this chart in the comments section... )
Tether Dominance (USDT.D) has an inverse relation to Bitcoin (BTCUSD).
The USDT.D chart is looking pretty crapy and the signals are clear, it is aiming lower...
As this index aims lower, Bitcoins aims higher.
(My classic bullish signals are also showing on the BTCUSD chart.)
We are going for $47,200 followed by $55,100.
Leave us a comment with your opinion on this one.
Thanks for all the support lately, it is truly appreciated.
Namaste.
P.S. The "Stock Market" (SPX, NDX, DJI) is detaching from Bitcoin (BTC, Crypto) as anticipated...
usdtd breaks its own floor ???
Hello dear friends
usdtd breaks its own floor ???
The chart clearly shows us a shoulder and head pattern, and this pattern is a strong sign that the trend may change when it forms at the end of an uptrend.
As we know, in case of breaking the neckline, the pattern is confirmed.
The general situation of the market is such that one can hope to complete this pattern, and if this event is stabilized, it will be a strong sign to change the overall market trend from the current downtrend to a new uptrend.
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
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Be generous and rich.
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Strong Dominance looks Bullish on High Time Frame but Strong Dominance may come closer to 4.32 Only then Dominance will Bullish Bounce
Sorry for my English it is not my native language.
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USDT DOMINANCE: IT WASN'T ENOUGH TO BREAK THROUGH.Welcome members,
Yesterday's market was scary when we saw USDT Dominance breaking through the resistance but looks like the volume wasn't enough to break the ceiling. The USDT dominance failed to break the resistance level at 5% for the fourth time which makes it a very important resistance level. Rejection in USDT dominance is good for the market but if it breaks the resistance then the market is doomed. I strongly believe that we will possibly see some further rejection on the USDT dominance keeping in mind all the odds. Breaking below the 21 MA will confirm a drop towards the 3.77% support level. The RSI on the other hand is still showing weak momentum.
Let's see what comes next.
Share your ideas on USDT dominance. I would be happy to know about it.
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USDT DOMINANCE AT THE RESISTANCE!!!PERFECT!!! PERFECT!!! PERFECT!!!
Welcome to this USDT Dominance update in 2 days timeframe. If you haven't checked out my previous USDT dominance update then don't worry, I have all covered for you. I have attached the link below so you can go through it.
Well, the USDT dominance perfectly followed the rally towards 5%, and currently, it is at 4.85%. This rally dumped the entire market and guess what, for those of you who followed my ideas knew from before about the current market scenario. Ok, so, what's next? The USDT dominance has not shown any sign of a bearish move here except the RSI. I know I have been talking about RSI a lot but this is something that I can't avoid. The USDT.D is green and pumping but the RSI volume is decreasing and this is completely opposite with Bitcoin.
We may see a spike in USDT.D but ultimately it is going to fall which means BTC and other altcoins will rally. I am expecting a drop soon on the USDT dominance. We will see how high it will go.
Do you view the USDT dominance the way I am viewing it?
Share your ideas in the comments.
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USDT.D Check the chartHello, by examining the chart, we come to three different scenarios.
1- The first scenario is to complete the price action and break the pattern inside the image and withdraw the money to the fixed assets of the dollar.
2- The second scenario is that with the withdrawal of bitcoin from the exchange and looting by market whales, more volume of liquidity has entered the market to buy more bits and other cryptocurrencies.
3- Suffering within the same limits for all currency codes.
4- The phase of intense fear and monopoly of most whales in the market for cryptocurrencies and Dominance Tetra reaches 8 to 10, which becomes very interesting.