USDT DOMINANCE UPDATEHello traders, here's a quick update on the USDT dominance in the 3-day timeframe chart. Watch the video until the end to get the complete information.
Thank you,
Regards,
Team Dexter.
Usdtd
USDT.D has just tagged strong support!I'm throwing this out there just to put a little ice on the flames rn. It is worth noting that USDT dominance has tagged strong support today.
What does this mean? Well, it means mostly that reserves are being emptied in favor of hot crypto rn.
What might it mean if support holds? It's really hard to say but I am betting that much of these funds are going into Bitcoin. Now, if BTC starts to cool (which my charts are showing me may strongly be the case), traders may sell, USDT.D would bounce on that support, and then following this traders may begin to look at new trades, specifically ALTs which they know will follow BTC's lead. This theory is supported by my BTC.D chart which looks as if it may double-top here today pending where we close.
Also note that RSI. We are in oversold territory. Last time this happened, ALTs took off.
Best,
Stewdamus
Important update on the USDT Dominance and the US Dollar IndexGreetings, Traders,
We have a brief update on USDT dominance and the US Dollar Index using a 3-day timeframe chart. This video holds significance for analyzing the crypto market, so be sure to watch it through to the end. If you have any questions, concerns, or suggestions, feel free to reach out. I'm here and just a comment away.
Best regards,
Team Dexter.
USDT Dominance UpdateHello Traders,
Quick update on USDT Dominance over a 2-day period.
USDT Dominance broke below the previous support (6.45%), now acting as resistance. This breakdown spurred the crypto market to rally higher. There's a possibility it could dip further to 5.8%, a strong support level. However, before that, I anticipate USDT.D might attempt to break the resistance at 6.45%. If unsuccessful, a rejection is likely.
Note: The crypto market hasn't signaled a correction yet, so trade cautiously. The trend is bullish, offering profit potential. To safeguard your earnings, always use a Stop Loss. NEVER TRADE WITHOUT IT.
Hope this update proves helpful. Please like, share, and follow for more.
Best regards,
Team Dexter.
USDT.D #004 ( Collect your profits , Correction Time ! ) Hello dear traders .
Good days .
Dominance of Tether after broken Monthly Gann Square 0.5 Arc resistance could not broken Gann Box price level resistance and several time rejected .
For continue upward move it was need to get support. Now it is on Gann Square Fan Trend line to get support and continue move upward move . If it could not hold this support it will drop to lower Gann Box support which is about 5.03 % .
What we expect is the first scenario for upward move .
Good luck and safe trades.
Thanks for your support and comments.
USDT.D # 003 ( USDT.D stuck in decreasing Gann Arc channel ) Hello dear traders.
Good days .
USDT.D several time rejected from 0.75 Gann Square Arc Resistance and it stuck in decreasing channel. At important monthly Gann Square time Zone level it expected to within decreasing channel which is dotted reduced up beginning of 2024 .
Downtrend move is plotted with help of Gann Square and Gann box .
Good luck and safe trades.
Thanks for your support and comments.
USDT.D #004 RESULT ( Target reached & next move ) Hello dear traders.
Good days.
USDT.D Target reach to the level and next move will explain .
we expect in previous analysis to move downward with in channel and will not broken Weekly Gann Arc resistance , but after broken Arc resistance it get support from Weekly Gann Square fan trend line . Retest Fan trend line and now ready to try broken Gann Arc resistance.
With increasing USDT in market we can say BTCUSDT will have correction .
Good luck and safe trades.
Thanks for your support and comments.
#usdt dominance #usdtd is preparing a bounce assault?After losing the bullish triangle and #btc pump, #usdt dominance lose weight. But, now USDT.D formed a falling channel that would possibly break out upwards. If #usdtdom breaks up, this will be a blood bath for #cryptocurrencies. If, #tether dominance breaks down and dumps out of channel this will be a rally for market (the invalidation scenario). First one is more probable for now, we' ll see.
NOT FINANCIAL ADVICE. Don' t take positions due to my posts.
USDT DOMINANCE: IMPORTANT UPDATE.USDT Dominance Update:
The USDT.D is struggling to make a bounce back and it is constantly hitting the support line. This is creating a critical situation for the dominance because if it breaks down below the support level then a further fall will follow up. This will lead the market to turn more bullish both in the short and long term.
It will be good to see the dominance breaking down the support level but until and unless it is holding the support, we cannot assure a bullish move in a shorter TF. The best thing will be to wait for the breakdown to go long with leverage. Until then hold your horses.
I hope this update was helpful.
Thank you for reading and trade safely.
BTD.D & USDT.D -----> What's Happening?As I said before, I will say again that the market will always give you another chance to buy and there seem to be signs for this second chance.
Possible scenario for me:
Pullback to the broken levels of dominance by Tether and Bitcoin in the coming days and try to collect liquidity from the market and stop hunting small traders like me!
Then the return of dominance and the price of Bitcoin to the upward trend of the past .
and activating stop losses of positions in the opposite direction and possible shorts again!
What do you Guys Think about Btc.d and Usdt.d?
USDT.DI am of the bias USDT.D will nuke all the way till EOY 2024.
This means stablecoins leaving the market and in theory going into BTC & Altcoins
USDT DOMINANCE IN HOURLY TIMEFRAMEUSDT Dominance Update:
We have been analyzing the USDT.D in a bigger timeframe. Today, let's bring it down to the hourly timeframe.
In this one-hour TF, the USDT.D is currently trying its best to push the dominance in an upward direction. With the support at 6.74%, it is most likely to see the USDT.D bouncing back but maybe not up to the resistance trendline. At present, BTC and other altcoins are making green rallies, and soon a correction is required to balance off the market.
On the bullish side, in order to continue the green rally, the USDT.D must break down below the supporting trendline.
I hope this information was helpful. Thank you for reading and trade safely.
USDT DOMINANCE: A CLOSE CALL.With the market turning green, let us not forget to keep an on the USDT dominance.
As you can say by looking at the chart the USDT.D had some solid reds which helped the market to stay green. This drop-down is getting closer to the supporting trendline which could be a threat for BTC and the market. A bounce back from the support or close to the support could breach the positive momentum of the market.
What do you think about the USDT dominance?
Thank you for reading.
Trade safely.
#usdt #tether dominance is going crazy (Mid/Long Term Strategy)#tetherdollar dominance in market is slightly following uptrend channel since end of 2021. Weeks ago started form a bullish flag. I highlighted the target on the chart. When it reaches the the target (in mid / long term in 2024 I think) the altcoins will already had a long blood bath.
NOT FINANCIAL ADVICE. DYor.
USDT D - will it crash?#USDT.D currently holding on 200 ema support on D TF
I am not sure if it will manage to stay on that level long.
I expect to see another dump towards to orange line that you see on the chart or 7,14% level, where either it will pump or bears will take the control and USDT.D will continue dumping towards to 100 ema support on W TF.
If the dominance will dump fast - it will mean that pretty soon we may expect the bounce of it, which will lead another dump in the market.
Keeping an eye
#Tether accumulating to dominate#usdt dominance chart shows a weakness. It will search a dip , the bullish flag bottom is the probable zone to retreat and then the bounce. After the bounce if #usdtd have a breakout, altcoins will have a blood bath.
NOT FINANCIAL ADVICE.
USDT DOMINANCE UPDATE YOU CANNOT MISS.Greetings, fellow traders,
I'd like to present a significant update regarding USDT dominance within a 2-day timeframe.
Recently, USDT.D has been exhibiting an upward trend, nearing the white resistance trendline at 9.5%. This development could potentially trigger concerns within the cryptocurrency market, affecting both BTC and other altcoins. It's worth noting that this particular resistance trendline has previously rejected USDT.D on three occasions.
Furthermore, there's a yellow dotted trendline where the dominance is encountering resistance. While the weekly trendlines appear somewhat distant, an intriguing observation arises.
USDT.D has the potential to reach 9.5%, which represents an increase of approximately 16% from its current level. However, a deeper analysis of the weekly trendline reveals that USDT dominance has been on a downward trajectory since June 2022, failing to reach the weekly support trendline during this period. Consequently, there remains a possibility that the current level may serve as a point of rejection rather than a sustained rally.
Key Points to Consider:
1. A modest resistance level at 8.2% exists, and a rejection is conceivable.
2. A formidable resistance barrier is situated at 9.5%.
3. The RSI indicator has already entered the overbought zone.
I trust you find this update valuable, and I extend my gratitude for your readership.
Trade with prudence and take care.
Best regards,
Team Dexter
USDT.D(based on NEo wave)This is all of the E wave on daily TF but I am suspicious about the last branch , in the first sight it is triangle but it could be another patterns.the confirmation is breaking down the black line as I drew.
Who Said Trading Gold Isn't Profitable?
Follow the signal and remember to come to the base to contact me. I have always focused on real-time trading signals. Don't blindly follow trends.
USDT DOMINANCE UPDATE.
The current level of USDT dominance stands at the support level of 7.2%. This suggests that there is potential for a rebound in dominance. Upon comparing the charts of BTC and USDT.D, we observe that BTC is currently facing the FWB:31K resistance in the daily timeframe, while USDT.D finds support at 7.2%. This suggests a higher likelihood of BTC experiencing a decline and USDT.D witnessing a bounce back. However, it is important to note that no outcome can be guaranteed with 100% certainty, and it is prudent to await the closure of the candle for confirmation.
Key points to consider are as follows:
Support: USDT dominance at 7.2%.
Invalidation: USDT.D would invalidate the bounce back scenario if it breaks down below the 7.2% support level.
I trust this update has been informative. Wishing you safe and successful trading endeavors.
Best regards.
USDTAccording to this wedge, it will be broken up and the target is drawn so we have to be ready to take short position for others.
📈 A Year Long Head & Shoulders Pattern & Volume SignalLooking at USDT.D short-term we can see lots of weakness.
Looking at USDT.D long-term we can see a pattern of decreasing volume.
We have a year long Head & Shoulders pattern, a huge pattern, that will lead to a massive crash on this index, money will flow from this and other stablecoins to Bitcoin and the Altcoins as the Cryptocurrency market grows.
This long-term volume dropping pattern tends to precede a massive crash.
If you notice Bitcoin and many Altcoins, their volume lately has been up to All-Time Highs.
Since these are growing, their volume hits new highs and continues to go up (in 2023).
Since Tether Dominance is set to shrink, its volume continues to go lower and lower until there is a breakout and the bearish volume has a strong increase.
Let me show you three examples using some of the biggest exchanges.
Here is Bitcoin's volume long-term on Binance | BTCUSDT (see the increase)
Volume is going up, while USDT.D volume has been going down.
On KuCoin volume has been growing since 2020
Coinbase is the same...
Just some examples, because the dropping volume on the USDT.D chart is pretty obvious.
Namaste.
USDT Dominance Downward from supply zones 👀 USDT.D Hello my friends, Consider USDT market cap to help identify crypto market movement, Everything is marked on the chart. Weakness in trend and supply zones ahead.
Good luck.
If its useful please like it as a support and follow me for next analysis :)
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Salam doostan aziz, USDT.D ro baraye komak dar tashkhis jahat harkat market crypto dar nazar begirid. hame chiz rooye chart baraye shoma moshakhas shode. za'f dar ravand darim va 2 nahiye arze dar pishe ro.
moafagh bashid.
like va follow faramoosh nashe :)
