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Usdtdominance

DOMINANCE IS ON HISTORICAL LONG-TERM SUPPORT WHAT'S NEXT?🧐MARKET CAP DOMINANCE TECHNICAL ANALYSIS 🚨 In the weekly time frame, dominance is currently bouncing off a crucial support level that has been in place since January 2018. This level holds historical significance and is critical for the market. The market's proximity to this support suggests the possibility of a local top, although predicting Bitcoin's movements can be challenging. Some investors anticipate significant losses, which could lead to capital inflows into altcoins. However, many remain optimistic about a breakdown beyond this trendline, given the deviation in current price action from previous rallies. It is crucial to monitor investments and manage portfolios cautiously. While our market entry guidance was helpful, it is prudent to heed this warning. The weekly close will provide clearer signals for confirmation. An interim shake-off before or after the halving seems inevitable, and preserving profits is paramount. The current bull run could lead to BTC reaching $140k to $190k, but a shake-off before that may be necessary. This chart serves as a valuable aid in making informed trade decisions and is intended solely for educational purposes. Your insights and perspectives on the charts are highly appreciated and can be shared in the comment section. Thank you for your contribution. AMEX:USD CRYPTOCAP:USDT.D #DYOR #NFA
CRYPTOCAP:USDT.D
by CRYPTOMOJO_TA
5
Movement needs to be confirmed by around March 17thHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- The overall picture is as follows. (BTCUSD 1M chart) Looking at the TradingView INDEX chart, it appears that the new high (ATH) has been updated. To date, the StochRSI indicator on the 1M chart has been maintained at the highest point of the overbought zone for up to 2 months. Accordingly, the key question is whether the StochRSI indicator can maintain its peak in April. If not, I'll have to prepare for a decline. (BTCUSDT 1M chart) If the decline begins, the key is whether support can be found around 59053.55 (56090.42-61202.17). If it falls below this range, it is expected to fall to around 42K-47K (44200-47600). If there is support near 69000, the next target is expected to be around 1.618 (88913.24). --------------------------- The reason why there are expectations that BTC will rise again even if it falls is because USDT and USDC continue to maintain a rising gap. This is because we believe that the fact that USDT or USDC shows a rising gap is evidence that funds are flowing into the coin market. I believe that the increase in USDT or USDC through transactions is expressed through candles. (USDT chart) (USDC chart) Therefore, I think that for the coin market to show a downward trend, USDT must show a gap decline. Therefore, I believe that the decline of BTC in these fund flows will actually increase buying power. (BTC.D 1M chart) In order for the altcoin trend to begin, I believe BTC dominance must fall below 50 and remain there. However, if possible, I think BTC dominance should rise in the 55.01-62.47 range or higher and then decline. Otherwise, if BTC shows signs of falling at a critical point, the fall in altcoins is expected to be large. Accordingly, when trading altcoins, it is necessary to recover the purchase price as quickly as possible from a day trading perspective. (USDT.D 1M chart) As USDT dominance falls below 4.97, the coin market is expected to enter a bull market. Accordingly, if USDT Dominus rises above 4.97, the coin market is expected to see a significant decline. In order for this downtrend to become a full-fledged downtrend, USDT must show a gap decline. -------------------------------------------------- ------- (BTCUSDT 1W chart) As BTC renews its new all-time high (ATH), I think the likelihood of increased selling is increasing. Accordingly, it is important to determine where the key support and resistance points are within the current price position. Currently, the 66401.82-69000 area is considered to be an important support and resistance area. To confirm this, you can check the movement of altcoins when BTC falls to the 66401.82-69000 range. The StochRSI indicator is expected to touch the top of the overbought zone. Accordingly, the 66401.82-69000 section is expected to be an important section. (1D chart) If the new high (ATH) is renewed and the upward trend is maintained, there is no way to know what will happen in the future. Accordingly, a predictable picture is drawn using the chart tool. A representative charting tool is the Fibonacci ratio. The 1.27 (73308.95) and 1.414 (79765.89) points indicated by the Trend-Based Fib Extension tool are likely to serve as resistance zones. However, since the ratio that has an important meaning in the Fibonacci ratio is 0.618, it is believed that if the price surges, it is highly likely to touch around 1.618 (88913.24). To maintain this upward trend, we need to see if we can find support near the previous high point of 69000 and rise further. This volatility period lasts until March 11th. Therefore, the key is whether the price can be maintained above 66401.82. The next period of volatility is around March 31st. However, it is necessary to check the movement around March 17 (March 16-18). This is because there is a possibility that a trend will slowly form around March 17th (March 16th-18th). As of now, the short-term downtrend turning point is 1 (61202.17). Accordingly, it is important whether there is support or resistance around 56150.01-61202.17. ---------------------------------------- The gist of the above is - If USDT maintains its gap upward trend, it is expected to eventually maintain its upward trend even if BTC falls. - In order to see a major uptrend in altcoins, BTC dominance must fall below 50. However, it is thought that it is highly likely that the altcoin bull market will be maintained only if BTC dominance rises in the 55.01-65.47 range or higher and then falls. If not, you need to be careful when trading as altcoins are likely to see a large decline when BTC appears to be falling at a critical point. - If BTC falls below 61202.17, it is highly likely to turn into a short-term downtrend. Accordingly, it is important whether support or resistance is received around 56150.01-61202.17. Have a good time. thank you -------------------------------------------------- - 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 -----------------
by readCrypto
weekly outlookHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) It appears to be breaking upward through the 0.886 (56227.18) to 1 (61338.93) range, which was considered a resistance range. Accordingly, it has become important to be able to maintain the price above 1 (61338.93). The next target is around 1.618 (89050.0). The key is whether it will rise like this and touch, or whether it will create a pull back pattern and rise. To date, the maximum period for which the StochRSI indicator remained at the top of the overbought zone was two months. (1W chart) Looking at the 1W chart, the maximum resistance area is around 66401.82. Therefore, it is judged that the upward trend will continue only when it breaks above 66401.82. If it fails to break above 66401.82 and falls below 59035.55, it is likely to turn into a downtrend. However, there is a possibility that the downtrend will continue only if it falls further below 53256.64, so you should think about a response plan for the 53256.64-59035.55 range. If the downtrend that started like this is truly a downtrend, it is expected to fall below 44200-47600 and show resistance. Otherwise, if it receives support around 44200-47600 and rises, it is expected to create a pull back pattern and continue the upward trend. -------------------------------------------- (BTC.D 1M chart) In order to achieve a big bull market, BTC dominance must show a decline. Otherwise, if it becomes a bull market in which only BTC and ETH rise, or if BTC appears to be about to fall slightly, altcoins will see a large decline. Therefore, it is believed that BTC dominance must fall below 50 and be maintained to create a stable bull market. (USDT.D 1M chart) USDT dominance is expected to remain below 4.97 for the coin market to remain bullish. However, if it falls below 4.16 and then rises above 4.16 to around 4.97, the coin market as a whole is expected to see a large decline. At this time, you need to check whether BTC dominance has risen to the 55.01-62.47 range or higher, or is maintained around 50. This is because it is thought that if BTC rises in the 55.01-62.47 range or higher and is supported around 44200-47600 and rises, there is a high possibility that a major bull market will begin. If BTC dominance remains around 50 and then declines, the coin market will also see a large increase. Unlike previous BTC halvings, this time BTC and ETH are maintaining an upward trend alternately. Accordingly, it is believed that BTC dominance shows no direction and shows sideways movements. However, it is thought that it is unlikely that the bull market will continue while maintaining the current level of BTC dominance, so it is necessary to check the direction of BTC dominance. ---------------------------------------------- (BTCUSDT 1D chart) We talked about the mid- to long-term perspective with the 1M chart and 1W chart, but the immediate movement, that is, the short-term perspective, may be more important. The reason is that it rose near the new high (ATH). It is currently supported around 1 (61338.93) and is showing an upward trend. However, since StochRSI < StochRSI EMA, I think we need to hold the price above 63660.11 to break out of this situation. If it shows resistance around 63660.11, it will fall back to around 1 (61338.93). Therefore, from a short-term perspective, the key is which direction it deviates from the 1 (61338.93) to 63660.11 range and maintains it. If it breaks above 63660.11, it can be purchased through day trading and the target is around 66401.82. If it falls below 1 (61338.93), you should check for support around 59053.55. The next period of volatility will be around March 10 (March 9-11). Have a good time. thank you -------------------------------------------------- - 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 -----------------
by readCrypto
2
BTC Incoming Reversal Based on USDT DominanceThis massive trend line on USDT dominance coming all the way from 2018 has been a key metric for identifying major INDEX:BTCUSD reversals into downtrends. Historically, when the CRYPTOCAP:USDT.D bounced on that trend line, we saw significant downtrends start to form. The current level required by CRYPTOCAP:USDT.D to hit the trend line is between 3.65% and 3.85%. Currently, we are at 4% and moving to target slowly. Will this time be different and we break the trend?
CRYPTOCAP:USDT.DShort
by zkdev
2
USDT.D Analysis: $ Dominance Dips, Opening Doors for Crypto?Hey traders, Let's dive into Tether Dominance CRYPTOCAP:USDT.D and see what it might mean for the crypto market. Channel Cracked: USDT.D used to chill in a monthly channel for a while. But recently, it decided to break free, potentially paving the way for a continued decline in dollar dominance, reaching the next weekly resistance level. RSI Bouncing Back (Maybe): The Relative Strength Index (RSI) just stepped out of the oversold zone. This could signal a potential price bounce or a period of consolidation (think of it as the market taking a breather). Crypto on the Rise? As long as dollar dominance keeps falling, more money might flow into cryptocurrencies, potentially pushing their prices up. Bitcoin's Buddies: If this dollar decline happens alongside Bitcoin price fluctuations and a dip in its own dominance, we could see altcoins surge in an epic way! The US Dollar Factor: One big question mark: how will US policies affect the dollar's value and, in turn, crypto prices? Only time will tell. Time to Take Profits? If the RSI exits the oversold zone, it might be a good time to consider closing out your long positions (selling your crypto) or taking some profits off the table. Remember: This analysis is for educational purposes only, not financial advice. Do your own research and use proper risk management before making any trades.
CRYPTOCAP:USDT.DLong
by solinash1
IOTA prediction, Price target ---> 0.57$?BINANCE:IOTAUSDT Hello dear traders. As you can see, the price has jumped higher after attracting support in the indicated area, contrary to the bearish scenario predicted by some traders. The price is now in an upward rally and there is no specific price resistance up to the $0.57 level. If USDT.D continues its neutral or bearish trend, Bitcoin and other altcoins can rise further. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Long
by CrazyS
Alikze → USDT.D | Major ceiling supportTimeFrame: 1W Dominance Tether has taken a corrective path after breaking the neck line and the dynamic trigger line, as well as the pullback. Currently, it is placed in the ceiling of the previous major, which is an important support zone for the continuation of the path. Two scenarios can be considered for it. Scenario 1 : It should probably have a return to the range of 5.40 to 5.45 and after taking into account the downward momentum, this support should be broken, which can continue to correct after the pullback to the green gap box area. Second scenario : If this return is broken up to 5.40 to 5.45, it should probably have a retest to the neckline, and then in case of a negative reaction, we will witness the continuation of the correction. Note that this analysis is on a weekly basis and should be paid attention to in the medium term. Of course, we will try to carry out the necessary investigations in case of changes in behavior and structure. Note that Dominance Tether's movements are opposite to Bitcoin's price movements. That is, every rise of Tether's dominance will correct Bitcoin and the market, and vice versa ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
CRYPTOCAP:USDT.DShort
by alikze
5
SPX: Could this occur in our lifetime? The breakout of an era.AI advancement, geopolitical turmoil and power grabs, inflation, structural societal changes. What could possibly be driving us fatefully into this new era. Something in the macro is brewing. Could we really be this close to testing the top of this almost 100 year channel for the S&P 500 (roughly 15% from today) ? Do we break out or fall back down? What happens if we break out? What are your thoughts? Where do you think we go from here?
SP:SPX
by HassiOnTheMoon
4
BTC.D : ALT SEASON = Dominance Hi Guys , Bitcoin dominance chart shows that it has been in an ascending channel for a long time and after hitting the ceiling of the channel, it is now ready to fall with the change of structure. We can expect a good altcoin season. SecondChanceCrypto ⏰ 19/FEB /24 ⛔️DYOR Always do your research. If you have any questions, you can write them in the comments below and I will answer them. And please don't forget to support this idea with your likes and comments.
CRYPTOCAP:BTC.DShort
by Secondchancecrypto
1
USDT.D 3D : Most Important chart in CRYPTOMARKETHi Guys Hope you well. Well, we all know that this chart is against the market trend and from this chart you can observe the whole crypto market. We have reached an important range where we can see the market move in a range for some time, but take a look at the low time for trading in crypto. SecondChanceCrypto ⏰ 19/FEB /24 ⛔️DYOR Always do your research. If you have any questions, you can write them in the comments below and I will answer them. And please don't forget to support this idea with your likes and comments.
CRYPTOCAP:USDT.D
by Secondchancecrypto
Rounding Bottom Pattern will Make Correction on Crypto market🚨🥳I hope you have a Great weekend. 📈Today, I want to analyze the Market Cap USDT Dominance% (USDT.D%) for you, which greatly impacts the cryptocurrency market trend. 📚 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. 🏃‍♂️What is Market Cap USDT Dominance% (USDT.D%) is currently moving in a 🟢 Heavy Support zone(5.35%-4.90%) 🟢near the Support lines and 200_SMA(Weekly) . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . ✅In addition, USDT.D% has managed to form a standard Rounding Bottom Pattern , which can be a sign of the end of the downward trend of USDT.D% . 📚What is the Rounding Bottom Pattern❗️❓ 🔸 The Rounding Bottom Pattern is a Reversal Pattern. It is also referred to as a saucer bottom pattern. It is a trend reversal pattern used in technical analysis to identify the end of a downward trend and the gradual price shift from a bearish to a bullish trend. 🔔I expect USDT.D% to be bullish in the coming hours and at least rise to the 🔴 Resistance zone(5.50%-5.43%) 🔴, which could cause the cryptocurrency market to a correction . Market Cap USDT Dominance% Analyze (USDT.D%), 1-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.
CRYPTOCAP:USDT.DLong
by pejman_zwin
5
BITCOIN-2024Hello guys, Since USDT dominance reached to an important support zone of 5%, looks like Bitcoin is in topping process only if USDT holds this support zone and makes some kind of bullish Divergences. For short term looks like UDST dominance bounces back from support zone, so Bitcoin can correct from 52k to 53k zone. Case1: If USDT.D holds 5% zone n forms Bullish Divergences, than Bitcoin can still make higher highs, tops inbetween 50k to 58K something. Case2: If USDT.D keeps falling Bitcoin can go to new all time highs. Case3: Or if USDT.D keeps making higher highs and Higher Lows below the current parallel Trend same like the previous Parallel Trend as in the chart, than Bitcoin can be in a slow upTrend Formation with higher highs and higher Lows. something like from 2015 to 2018. Not a financial advice though. thank you.
CRYPTOCAP:USDT.D
by nmchary