#USDTD 's bounce?#tether dominance chart is now on the ichimoku cloud support. Breaking this support will move #usdt dom. to lower orange box (Retest zone).This move will be good for #bitcoin #eth #sol #bnb #doge and all #altcoins .
If #usdtdom bounces here and continues rally, #btc and all #altcoins will suffer. Not financial advice.
Usdtdominance
USDT DOMINANCE UPDATE (1D)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
Note that the time frame is daily and time consuming.
It has reached a support and reacted.
It is expected to move up to the supply range and then drop again to the low demand.
It is expected that the high liquidity pools will be swept first and then the low liquidity pools. We have shown liquidity pools on the chart in $$$.
(Weekly expected flow) Volatility period: Around April 22Hello traders!
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It appears that the fund flow in the coin market is maintaining an upward trend.
However, BTC dominance and USDT dominance are showing an increase.
The key question is whether BTC dominance can be resisted and decline in the 55.01-62.47 range and whether USDT dominance can be maintained below 4.95 or maintain a downward trend.
If that happens, the coin market is expected to see a major uptrend.
A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH).
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(BTCUSDT 1M chart)
If it closes near the second section, it appears that a new HA-High indicator will be created.
If that happens, the key is whether there will be support near the newly created HA-High indicator.
(1W chart)
This drop shows that a new HA-High indicator is about to be created.
Accordingly, if a new HA-High indicator is created, the key is whether it can be supported and rise around it.
59053.55, the 64K point is the box-top point of the HA-High indicator on the 1M chart.
Therefore, if possible, it is important to be able to support and rise around 59053.55-64K.
If this is not the case and it falls below 56K, the selling force is expected to intensify.
I think the reason the current fluctuation range is greater than the section your finger is pointing at is because it is located in the section where the new high (ATH) was updated.
Therefore, if these sideways continue, it will eventually touch an important upward channel.
At this time, it seems likely that this year's trend will be determined by whether or not it can rise along an important upward channel.
Therefore, the movement starting from the week of April 29th through the week of July 29th is expected to be very significant.
In terms of the overall flow, the 42K-43K section is an important section.
However, if it falls below 53256.64, there is a high possibility that it will turn into a downward trend, so you need to think about a response plan.
(1D chart)
The key is whether it can receive support above the newly formed downward trend line and above 64K and rise above 70231.38.
However, if it falls along the newly created downward trend line, a new HA-Low indicator is expected to be created in the near future.
If a new HA-Low indicator is created, an important factor is whether it receives support around it.
The time to buy is when the BW indicator levels out and then rises, and when the StochRSI indicator rises from the oversold range and forms StochRSI > StochRSI EMA.
thus,
1. When the BW indicator is level and moves sideways,
2. When the StochRSI indicator rises from the oversold range and shows StochRSI > StochRSI EMA,
Buying when only one of the conditions 1 and 2 above are satisfied is an aggressive purchase and requires a quick response, so caution is required when trading.
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(BTCUSDT.P 1D chart)
I think it showed more fluctuations than the movement on the BTCUSDT chart.
As such, it is believed that the current market leadership is achieved through futures trading.
Therefore, you need a trading strategy to maintain the number of coins (tokens) you own.
Since the rebound is more than 8%, it is likely that forced liquidation will occur in both directions, so it is considered an awkward position to start trading.
Therefore, as mentioned earlier on the BTCUSDT 1D chart, I think it is necessary to check the movement of the BW indicator and StochRSI indicator and the movement at the support and resistance points drawn on the chart.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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When Will "Real" Bullish Run Is Starting?This parameters basically shows you the cash money investors holding in their pockets right now.
Currently, Total Blockchain market has 2.28 Trillions of dollars inside.
USDT and USDC are most commonly used stable coins if we don't include FUSD which is not going to be mentioned in this section.
Let's assume that all Bitcoin investors and traders holding their dollars and whatever currency they're using in stable coins.
According to this hypothesis, all USDT Dominance level (approximately) currently is; %4.81
Also approximately all USDC Dominance Level currently is; %1.45
When you check the major addresses on chain data that holding bitcoin right now, you'll notice that their breakeven levels is coming closer. So it's basically means that they are buying more and more whenever the price goes lower. Especially, Coinbase whales and major addresses helped us to recover on Bitcoin after the last crash. Historically, it's a good idea to follow this guys before invest. They are the ones who simply runs the market.
Let's go back to the chart and examine the Red Key Levels on the chart.
First Key Level that broke below through %8 gave us a minor bullish run. Not all coins that you trade all day maybe but Bitcoin consumed most of the money that comes with the benefits of ETF's. It will happen again, Bitcoin will dominate the entire market ones more. Bitcoin mostly will rise all alone and the other altcoins (especially top 100) will watch from behind. It's simply because of ETF's. EMA 100 is about the broke (Daily) while I'm writing this which is an important indicator that I'm using in parameters like this.
All short term price action basics and indicators simply telling me that Bitcoin may see another drop for a week or more but it won't matter if you can resist against it. Just hold on for a couple of more days and wait.
Hong Kong and London are about to start an ETF' run (London is a little bit different but doesn't matter).
Halving is about to come within a few hours which is the most bullish thing this market will ever see in its entire life.
When the Red Key Level is broken (Let's say closing a week below %3.74) you will see Bitcoin in a level which you probably never expected. I expect Bitcoin to reach at least 200.000 $ until this real bullish run ends. When the 3.74 broke, Bitcoin will rise but ALTs may not due to ETF's and Bitcoin Dominance. If you are a trader, just focus on the chart, if you are an investor read below carefully.
Basically, it doesn't matter if the price goes low or lower anymore. When you see the price is dropping, DO NOT be the ones who scare and run away. They are the ones we need to keep this market alive. Do not be market's liquidity, be the one who consumes it.
If you see the price low, you BUY.
If you see the price is going lower, you BUY AGAIN, and again, and again, and again.
This is where the real bullish run begins.
Good Luck to us all.
USDT.D% Can Go Up by Falling Wedge Pattern✈️💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status.
📚What is Market Cap USDT Dominance% (USDT.D%)❗️❓
🔸Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance.
🔸The first is that investors put cash on the market from the outside, which is due to the unfavorable weather in the market. And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT. In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed.
🚀If USDT.D% increases, we can expect a correction in the cryptocurrency market .
🏃♂️USDT.D% is currently moving in an important 🟡 Potential Reversal Zone(PRZ) 🟡.
💡If you look at my chart, when USDT.D% first entered the PRZ, it formed a Falling Wedge Pattern and performed well. USDT.D% seems to have once again succeeded in forming a Falling Wedge Pattern in PRZ ( although this time, the pattern seems to be even more standard than the previous one ).
🔔I expect USDT.D% to rise to at least the 🔴 Resistance zone(4.72%-4.53%) 🔴 after breaking the upper line of the falling wedge pattern .
Market Cap USDT Dominance% Analyze (USDT.D%), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
USDT dominance analysis in daily time frame
Due to the lack of price action area in the price ceiling of Bitcoin, I am forced to do dominance analysis to check the behavior of the market
The green areas are my main support area for the start of sharp upward movement for Dominance, and the price action patterns at the ceiling of the Dominance number indicate for me the registration of new ETH in Dominance.
For now, the good days of the market are over
BTCUSD Analysis. i will long.Hello everyone. i want share my idea about Bitcoin price action.
We all saw Bitcoin bull run after ETF approval that means institutional are still in this game. at the moment last all time high we have at 73800, after that we saw rejection from sellers which tested well the strongest daily support.
If we we look at the picture from far we will see some technical signal which is head and shoulders, this technical movement gives me short signal but ill tell you some reasons why i think at bitcoin long.
First - Bitcoin has pretty bullish movement and this fall after all time high was logic, all market need correction after strong movement.
Second - Bitcoin touch to daily support at 61000$ where buyers long and we saw 8000$ movement in only one day. Yeah that's right bitcoin price came back to that zone but buyers are still active
Third - USDT dominance (index of Tether dominance on market) is still pretty bearish, USDT dominance after strong fall, came into 1 week Fibonacci high volume buy zone, got rejection from buyers but that rejection was not enough and for me it was correction of that index after strong fall.
Fourth - Bitcoin has still bull run, the last movement, what was today, for me that is continuation of trend and daily candle which closed 8000$ upside movement, after touch Strong daily support.
Here is my reasons why i will try to find low for open my long position. i will update that post with trading signal.
Always make your research!!!!
#USDT Dominance: When AltSeason?My previous chart was hidden by tradingview because of some mistakes. So posting this again with a little change!
Tether broke the long-term support of almost 2184 days. This is an amazing development in the price action. The current level is the point for reversal. If there's any big correction happening, it should be around the halving.
TBH, this chart gives me chills. Imagine if this keeps dumping, you'll see $100k in the EOY! Of course, the road will be bumpy, but sooner or later, it's coming.
Alts will have their time after the halving, Possibly June -July to September 2024!
We could see some massive Alt Rallies!
Invalidation: This chart will be invalidated if we break and close above 4.81% in a weekly candle.
Do your own research, no financial advice.
I hope this chart gives you some clarity over your trade decisions.
Please hit the like button if you found it helpful and share your views in the comment section.
Thank you
#PEACE
USDT Dominance The USDT Dominance analysis with which we confirmed the growth of the market. It reached the target range of 4%, indicating market growth. The next key area to watch is below 3%, where reactions need to be observed. The 4% level isn't significant, but rather a point where the market structure continues.
When USDT dominance goes down, it means that fewer people are using USDT (a type of stablecoin) compared to other cryptocurrencies like Bitcoin and altcoins. This usually happens when investors feel more confident in the cryptocurrency market and want to invest in different digital currencies. As more money flows into Bitcoin and altcoins, their prices tend to go up because of increased demand.
Need to check in which direction it deviates based on 66.4K-69KHello traders!
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(BTCUSDT 1M chart)
Since the 67K-69K section is located as shown in the picture, I believe it corresponds to the psychological resistance section.
Therefore, if support is reached around 67K-69K, it is expected to lead to a further rise.
If not, and it falls, you should check for support around 56K-61K.
The HA RSI indicator is an indicator created based on the closing price of Heikin Ashi.
Therefore, when the price falls, the HA RSI indicator may fall from the overbought range and a new HA-HIgh indicator may be created.
If a new HA-High indicator is created, the important thing is whether it can be supported around it.
(1W chart)
The key is whether the price can be maintained by rising above 69K.
If that happens, it is expected to rise to the next target of 1.618 (88913.24).
(1D chart)
In order to continue the upward trend, it must eventually rise above 70231.38.
Accordingly, the key is whether it can receive support and rise around 69K-70.2K.
Because the MS-Signal indicator was touching and rising, the area around 66.4K was the first buying period.
The second buying time is when it shows support around 70.2K, as mentioned above.
It was expected that we would be able to find out what direction the trend would take from March 16th to 18th.
Accordingly, you need to check in which direction it deviates based on the 66.4K-69K section.
The next period of volatility is around March 31st.
Therefore, it is expected that the trend created will accelerate or a major reversal will occur around March 17th.
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I think it is risky to forecast the coin market trend only through BTC charts.
Therefore, I think we should also know the movement of coin market funds.
As an individual trader, it is quite difficult to know the financial situation of the coin market.
I think you can refer to the USDT and USDC charts to understand the trend of funds, even if it is limited.
(USDT chart)
(USDC chart)
Funds flow into or out of the coin market through USDT or USDC.
This is because in order to trade in the coin market, you need funds to form a trading pair.
I think most trading is taking place in the USDT market.
Therefore, it can be said that USDT's movement has a great influence on the coin market.
If you interpret the USDT chart or USDC chart considering this situation,
- The occurrence of a gap can be seen as the basis for funds flowing into or out of the coin market.
- Candlesticks on the USDT chart or USDC chart can be seen as expressing increases and decreases due to trading.
Therefore, if USDT does not show a downward trend in the gap, it is highly likely that the coin market will maintain an upward trend due to the funds flowing into the coin market.
(USDT.D chart)
In that sense, I think the movement of USDT dominance is a chart that shows the funding trend in the actual coin market.
As long as USDT dominance does not rise above 4.97, I think the coin market is likely to remain bullish.
Therefore, if USDT dominance rises above 4.97 and USDT begins to show a downward trend, I think it is highly likely that the coin market is in a downward trend.
If you think you have found such an important point or section, you need a trading strategy that matches the current trend until you break away from that point or section.
(BTC.D chart)
I think this bull market is centered around BTC or ETH.
Accordingly, I believe that most altcoins are not showing a significant increase.
Although, I believe that BTC dominance is currently maintained at the current level due to the rise of several coins (tokens).
If BTC dominance does not fall below 50, there is a high possibility that there will be a large decline due to the decline of BTC, so caution is required when trading.
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In summary, the decline in BTC provides a buying opportunity until USDT switches to a gap decline.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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Others.D v USDT.d --- Shitcoinz v Stablecoin ratio inv H&SPretty simple ratio to keep an eye.
Others is the crypto index minus the top 10
So our blessed Shitcoins
Pulled up this ratio today and what do you know
we have a inverse Head & shoulders that will help us for profit taking levels.
Best of Luck
ALTs to run hard into April / May is what I have been calling for.
So maybe we get to the linear target
.... Pause....
And then finish the job end of the year.
best of luck.
Money talks - bull@#$% walkzOkay Okay, its almost on thy edge :)
I ment money talkz bullz are walks if u dont get it (or Im not? ;)_
ANYWAY
tell me, do u like rarities? I do. Az madness az well, BUT its a different story.
Look at thy chart friend and tell me - do u see what I see? In the reserve it would be listed in the red book. THY LEADIN' EXPAND!
Yes u may disagree and say kinda "thats a rare rarity in rare case in thy sauce of rareness" and u will be right,
BUT TELL ME: what is the probability of meeting a dinosaur on the street?!
I say: 50%. U may, or u may not. With nuances
Scratch your heads, wise men-sagez :) Time will judge us
and PS: ROCKet if u UNDERSTAND, if not - just stand. still. and dont move. and make a brain groove
Legacy market volatility might boost crypto marketVIX is too low and USDT.D is at median value + almost flat for few months.
I expect huge volatility on legacy market. Rising VIX get this chart's value into around 4.
If USDT.D drops in the meantime this will be faster.
Anyhow, I expect crypto market will be more profitable or cause less damage to your wallet in the coming months.
This is just my idea and not trading advice.
Complete analysis of Bitcoin (time and price analysis)Hello dear friends
I hope you have used Bitcoin and Tether Dominance analysis (I informed the exact date of the previous 2 corrections)
We are at a stage of the market where it is very difficult to overcome greed, be sure that if the market was going to make more profit than this, I would have opened a long leverage position of 3 or 5 right now, but it is not the case.
Some friends say that Tether has minted 9 billion dollars during this period, this is a bullish sign, well, in the history of crypto, Tether has minted almost another 90 billion dollars, but it has never been able to break its long-term support line (Tether Dominance Analysis).
So from the psychological point of view, it has a strong impact on the price.
2 simple technical tips to prove the weakening of the Bitcoin trend:
1- After breaking the resistance of 53,000 to 54,000, in the 4-hour or daily time frame, the price moved without a pullback, and as you can see, a FOMO wave was formed.
2- This Fomo wave has formed 3 FVG (price gap) in a row, which technically closes sooner or later when the price reaches this area.
Taking into account Bitcoin charts, Bitcoin Dominance, Tether, and proximity to halving, the probability of price correction is higher than increase, so I open a short position with leverage of 3-5% and place stop loss 2-3% higher than time limit, in order to manage capital and risk. I will place it from the historical ceiling (target range of 53-54 thousand)
Friends, pay attention, maybe a pattern will form in the lower time frame (1 hour or 30 minutes) and its ceiling will break, but this movement is nothing but a bullish trap.
Time analysis: I think the time range from March 11th to 25th, is the golden 14 days of the market to enter the corrective phase, note that the market maker is in control of the media and will do anything to make people excited.
I suggest you read the previous 2 analyzes.
I would be happy if you share your opinion with me.
Give me energy by liking and following me.
Updating Channel for my Pervious Idea USDT.D + USDC.D I have updated my idea about CRYPTOCAP:USDT.D & CRYPTOCAP:USDC.D ...
We still didn't breakdown this bullish channel....
***Dollar's Dominance is opposite of CRYPTOCAP:BTC which means if USDT & USDC's dominance are up BTC will be down.***
Check it below in related ideas
Good luck