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Usdtdominancce

Let me explain the "USDT DOMINANCE" impulse wave perspectiveHello, friends. Nice to meet you I'm going to tell you about the USDT domination that shows the direction of Bitcoin and Altcoin Based on the impulse wave, we expect to be making 5 waves now, and we expect the target to reach 3.35% to 3%. The waves look very pretty, and you can now trade by referring to this chart Bitcoin and altcoins fall as usdt.d rises Bitcoin and altcoins rise when usdt.d falls. Make sure you remember
CRYPTOCAP:USDT.DShort
by EAGLE_S_S
#USDT DOMINANCE UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. 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 to this chart, Do not consider financial advice. USDT DOMINANCE UPDATE USDT DOMINANCE is trading under this symmetrical triangle pattern now we need a confirmed breakout or breakdown of this pattern As per the chart Still Waiting for Confirmation If dominance breakdown this symmetrical triangle then we see some good bounce on ALT. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
CRYPTOCAP:USDT.DShort
by CRYPTOMOJO_TA
5
#BTC AND USDT DOMINANCE COMPARISON!!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 FINANCIAL ADVICE. I always emphasize that time in the market beats timing the market, but I want to share an interesting approach that you can consider taking when timing the cryptocurrency market, especially when it comes to Bitcoin's overall direction. Tether Dominance - Just as Bitcoin dominance refers to Bitcoin's market cap relative to that of the entire market cap, Tether dominance is no different. - It refers to how much capital is parked in stablecoins, specifically Tether, at any point in time. - Since Tether (USDT) is a stablecoin that tracks the USD, an increase in Tether's dominance suggests a pullback or correction in cryptocurrencies. - A simple way to understand it is to think of USD flowing in and out of the market. - On the other hand, if Tether's dominance drops, it means that more capital is being deployed to purchase cryptocurrencies, which is bullish overall for the market. - If you look at the graph above, you'll clearly see the inverse correlation between Bitcoin (orange) and Tether dominance (black). - Key support and resistance zones for Tether dominance are marked as well. - As we're currently trading slightly above local support, marked in green, if we see Tether Dominance fall below those levels, we could expect Bitcoin to continue rallying upwards. This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
Education
by CRYPTOMOJO_TA
3
⚡️BTC/USDT QUICK UPDATE⚡️Hello, traders welcome you all to this BTC quick chart update. If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly. Let’s look into the chart, BTC broke above the falling expanding channel for one more time and printing a bullish picture here. BTC needs to hold this level to print upside movement towards its upper resistance level of $24.4k level. Candle close below or move down back inside channel can lead it towards its lower price level for one more time. Let’s see how price performs in upcoming hours. NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update. If you have anything to ask about this analysis you can ask in the comment section. This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments. DO YOUR RESEARCH BEFORE MAKING ANY TRADES. Thank you.
by Domino_Crypto