USDT DOMINANCE: HEAD & SHOULDER PATTERN.Hello traders, I hope you guys are doing well. Here is a quick update on USDT dominance.
Timeframe: 1 day.
Recap: In my previous video, I mentioned 7% to 7.13% as resistance levels. According to the chart, the dominance reached 6.9% and then a slight rejection.
Update: To confirm an actual drop in the USDT.D, it has to break below two important levels-
1. The 21 MA at 6.2%, and
2. 5.7% support level.
Now, if the dominance drops to 5.7%, it will be more than enough for BTC and other altcoins to gain a good rally. And if this H&S pattern is so good to be true then we will witness a good rally in the market.
Key levels: 21 MA and 5.7% support level.
I hope this update was helpful. Do like, share, and comment. I would love to know your ideas on this one.
Trade safely and thank you for your support.
Usdtd
#USDT.DOMINANCE UPDATE 1DAYHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis:-
USDT dominance after break of structure is making lower lows and lower highs and it bounced from the previous higher low support after creating a lower low.
Currently it is in the formation of making lower high and a down move is expected from the marked lower high box and that would be a bullish sign for the market as it works inversely proportional to the crypto market.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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.
#ETH/USDT 4HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ETH/USDT UPDATE !!
ETH broke the local support and as expected dumped towards the $1600 support area. This is the key level to hold otherwise we see a heavy sell-off in the market. The next major support is the $1400-$1450 and Ethereum resistance area $1731 -$1832
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
USDT DOMINANCE: WARNING WAS GIVEN.Hello traders, I hope you guys are safe and sound. The market took a major drop as expected and if you have followed my previous USDT dominance update then you are safe.
Here's a quick update on USDT dominance.
Timeframe: 6 hours.
Recap: The USDT.D did break out immensely with a straight 11.8% pump from the breakout point.
Update: The warning was already given in my previous update and if you have actually followed it then you are in profit. The recent gain in the USDT.D is quite impressive but as we all know that nothing goes up or down all the time. The USDT.D is already 11.8% up and as per the analysis, we have the resistance level between 7% to 7.13%. That could possibly be a decent rejection area for the dominance.
RSI: The RSI is in the overbought zone which indicates a rejection to be somewhere around the corner.
Accumulation zone: If the USDT.D assures a rejection then we can start accumulating the market on spot.
I hope this update was helpful to you. Do like, share, and comment to support my ideas.
Thank you.
#USDT.DOMINANCE 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis:-
Dominance has been rejected several times by this resistance, so we expect it to be rejected this time too, but dominance is falling, and the wedge pattern remains. If the upper side is broken, the altcoin dumps
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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: THIS ISN'T GOOD!Welcome traders to this USDT Dominance update.
Timeframe: 6 hours.
Update: This break out right there, isn't looking good to me. It looks scary and if it doesn't drop down leaving a shadow behind, then the market will bleed bad. For the last 30 days, the USDT.D was under a falling wedge pattern and today it has broken above it. This means the market is on the red alert and we the trader should trade safely.
Conclusion: We still have 4 hours and 30 mins left for this candle to close so either we can wait for confirmation or close positions accordingly. For the last couple of weeks, I was out of trades so currently, I am not holding any positions. If you are stuck in any trades with heavy losses then you better be careful. Always use SL to be on the safer side.
I hope this idea was helpful to you.
Trade safely.
#USDT.DOMINANCE 4Hr UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
If USDT dominance follows this then we may see a big dump in the BTC price.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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.D is at critical supportHi Traders,
The USDT dominance is at critical support now.
Two possible scenarios:
1. Crypto DOOM (85% probability)
2. Crypto BOOM (15% probability)
Keep an eye on it, I think the whole crypto market will keep bullish movements until the end of Aug, and we will see a significant correction in all markets in Sep.
Please hit the boost button if you agree.
Thanks.
USDT.DOMINANCE 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
If Dominance does a triangle break down from here then we can see that Dominance almost 8% dump to which Altcoin and Pump will happen
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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 6Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
In current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print down fall.
As majority coins are already down by 15% - 20% gain above will lead more red candles at ALT COINS.
Rejection will bring relief to alt coins or break above will lead USDT DOMINANCE towards the upper trend line resistance at 6.7% level which will be unsatisfactory for alt coins
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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 4HOUR UPDATE !!USDT dominance analysis
As USDT DOMINANCE is trading inside the falling channel pattern on a lower trend line and crucial support zone , here it needs to break below to bring a consecutive green candle in ALT coins.
If we consider MACD is moving upwards and it’s about to print a bullish cross which is an indication for a green candle in STABLE DOMINANCE towards the upper trend resistance.
Bounce from the current level will lead dominance towards its upper trend line resistance.
Break below from current will be great for altcoins to print green candles.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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.
Drops Below EMA100 | Bearish ConfirmedThere is nothing bearish for cryptocurrency in us seeing the Tether Dominance Index go bearish.
This is bullish for the entire cryptocurrency market.
The close below EMA100 is the main red signal we look at today.
Seeing a red candle below this level, blue line on the chart, is the bearish confirmation.
Today is just continuation.
Do not expect any pullbacks this thing is about to speed up.
See you above $26,000 Bitcoin.
See you at $2500 Ethereum...
Let's see how all the Altcoins also grow.
Namaste.
USDT DOMINANCE: A BOUNCE BACK INCOMINGHello traders, here's a quick update on USDT Dominance.
Timeframe: 4 hours.
Update: In my previous update, we discussed how the USDT.D formed a bullish falling wedge pattern but failed to break above the resistance trendline. This clearly showed a rejection and the market pumped.
Current Scenario: Right now the USDT.D is bouncing back precisely from the support level drawn in the chart. If I am not wrong then we can expect the dominance to rally further high towards the 7% resistance level.
Conclusion: I expect a correction in the market which means shorting the market is likely in favor. The USDT.D breaking down below the 5.9% support level will invalidate this chart.
I hope this update is helpful to all. Keep supporting with your likes, comments, and follow.
Thank you.
Bitcoin To $35K, Ethereum To $3K, Ethereum Classic To $140, etc.The week is not early but it still has to close.
We have a shooting star candle line, a strong bearish signal, can lead to a price drop.
With the inverse correlation with Crypto and this one (Tether Dominance Index) chart, we have confirmation of many bullish charts.
Namaste.
USDT DOMINNACE: A BULLISH FALLING WEDGEHello traders, welcome to this USDT Dominance.
Timeframe: 4 hours.
Update: In my previous update, I mentioned the USDT.D entering the 5.7% support line, well, it didn't happen. Rather the dominance bounced back from 6.21% making a new support level. The chart is under a bullish falling wedge pattern and if it successfully breaks and closes above the resistance level, we may see the dominance reaching some higher levels. The only thing that could hold the dominance is the resistance trendline from where the dominance got rejected twice in the past.
Conclusion: With the market turning bearish, upcoming FED news, and the dominance bouncing, things look skeptical. In this present situation, it's better to stay aside and let the market comes to a conclusion. If at all you wanna trade then do some scalping cause the market is most likely to get volatile.
I will update more on it until then trade safely.
Support me with your likes and comments and do follow for more interesting ideas.
Reject50Shooting.DStarUSDT-BearMAThe purple highlighted candlestick line is a shooting star.
We have a rejection here at EMA50.
The next bearish candle works as confirmation.
Closing below EMA10 gives double confirmation.
And the bear flag works as continuation.
I will show you the weekly chart later on...
You will see that it will close below EMA10 for the first time and when that happens, finally, Bitcoin will do its $4,000 to $6,000 price jump.
Hello!
Weekly USDT.D Says All Cryptos Go Full GREEN!This is the chart that I mentioned in a previous trade idea on this index... This is what gives it all away.
Tether Dominance Index (USDT.D) is closing weekly below EMA10 for the first time since March.
This is a strong bearish development after 4 weeks of red/moving lower/distribution...
So not just Bitcoin, EVERYTHING CRYPTO WILL GROW SUPER STRONG!
We will have a full green August, based on these charts.
Namaste.
#USDT.DOMINANCE UPDATE 4HOUR!!USDT dominance analysis
USDT Dominance Resistance Label Red Zone & Breaks USDT Dominance Breaks trend line Downside Then USDT Dominance Will dump and downside 4.88 and 5.84% and Altcoins pump and Pump BTC.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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 4HOUR UPDATE !!USDT DOMINANCE ANALYSIS
USDT dominance support label red zone and brake USDT dominance breaks 21 MA downside then USDT dominance could see 5.84% plus 4.88 altcoins will pump and BTC will pump
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
USDT DOMINANCE: ENTERING THE SUPPORT ZONE.What's up traders?
Here's a quick update on the USDT Dominance.
Timeframe: 4 hours.
Update: The USDT Dominance broke down below the 7.3% support level in the daily timeframe. This breakdown gave relief to BTC and the other altcoins. Currently, in a lower timeframe, the USDT.D is entering the support line of 5.7%. If that happens then it will be close to a -7% drop which means BTC and other altcoins will have more room to grow.
RSI: We need to keep an eye on the RSI level. The dominance is clearly dropping but the RSI recent low is higher than the previous low (a bullish divergence formation). Looks like the green in the market won't last for long (just an assumption).
Conclusion: Comparing BTC and the USDT.D, we can expect a higher rally in BTC in a short term but don't consider this to be a bull run. We are far away from it. Consider this as a short-term gain to balance the market.
Let me know your opinion on this and correct me if I am wrong. Would love to know your ideas.
Thank you.