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
Usdtd
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 :)
.
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 :)
USDT.D(based on NEo wave)updatedso if 8.12 breaks we have that confirmation for G wave and I will buy more step by step.
so confirmation for the down trend is after G wave the down trend breaks. after that you can risk it free!
Usdt.d(based on NEo wave)updatesSo I think this diamond diametric is the last corrective wave and it will spend enough time for triangle pattern on weekly cash data. After this corrective wave crypto market should start a good wave to grow , so make yourself ready!
Usdt.d(based on NEo wave)There is 2 possibilities for theter dominance.
In both we are in a big triangle and this is the end wave.
This is a first way of it
It is on aa first branch of wave E and this branch is diamond diametric. This correction can continue for the up trendline of triangle. By crossing the down trend of triangle we have a confirmation for a party on crypto market.
USDT DOMINANCE: A HIGHER MOVE POSSIBLE.The USDT dominance has recently made a jump from 7.7% to 8.4% and this jump could go even higher up to 9.2% according to this 3-day TF analysis. The pattern that USDT dominance is forming here is a typical rising wedge pattern that is technically bearish.
This signifies two major scenarios for BTC-
1. In the short term: We may see another drop in the market from $22k to $23k.
2. In the long term: A breakout above the $30k resistance and then a new rally with new support and resistance.
Conclusion: Be extra cautious with your leverage trading. You can scalp trade but always use SL cause one big dump and all your gains will vanish. For spot holdings, BTC at around $22k will be a sweet spot.
Trade safely.
TETHER DOMINANCE brief gain 💣🚀Hello 🐋
Based on the chart, the price is close to the support area and parallel channel support ✔️👌
if
the price doesn't break the support zone to the downside, we will see brief gain again 💣🚀
and
in long time more correction expected 💣🚀💣
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
USDT DOMINANCE: WHAT WILL HAPPEN NEXT?Hello traders, welcome to this USDT dominance update in a daily timeframe.
If you have followed my previous update then you will know what I was trying to indicate. The USDT.D has reached the resistance level and currently, we can see some signs of rejection. This could end up good for BTC and other altcoins but only if we see a rejection and close below 7.25%.
Key points:
1. Rejection from 7.7% resistance.
2. 21 MA & 7.25% support level.
3. Mid-term rejection up to 6%.
I am expecting rejection in USDT dominance in the upcoming days. Do share your thoughts and ideas in the comment section.
Thank you and trade safely.
TETHER DOMINANCE brief gain 💣🚀Hello 🐋
Based on the chart, the price is close to the support area and parallel channel support ✔️👌
if
the price doesn't break the support zone to the downside, we will see brief gain again 💣🚀
and
in long time more correction expected 💣🚀💣
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
TETHER DOMINANC even more gain expected 💣🚀Hello 🐋
as I mentioned in my previous analysis 💣🕶️💣
the price hit the target, and we saw more gain 💣🕶️💣
and
now we expect brief gain again 🚀
and
in long time more correction expected ❌🧨
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
USDT DOMINANCE: REJECTION EXPECTED.Hello traders, I hope you all are doing well.
Here's a quick update on the USDT dominance update in a daily timeframe. The USDT.D has reached the resistance level and now we can expect a rejection straight down toward 6%. We still have the 7.25% support level which might hold the dominance for some time. If the rejection happens then BTC and other altcoins will have room to rally.
The invalidation point will be the breakout above 7.8%
Trade safely, guys.
