Tether Dominance, Weekly OutlookAs we see USDT.D Bounced from long formed Support / Resistance zone, while tested it with long wicks several times.
- RSI Divergence
- Bounced From Support
- Below 21 Week EMA
Usdtdominance
#Tether Will $48k be the top or $52k is still on the cards?The rejection of USDT Dominance from the grey area recently contributed to the upward movement, pushing the price to $48k.
To sustain the momentum and reach the FWB:52K - FWB:54K level, the index must break below this channel.
In the event of a breach in the grey level area, FWB:48K could become the local top.
Let's hope we break down!
DYOR, NFA
Do hit the like button if you like my updates!
#PEACE
USDT DOMINANCE WEEKLY UPDATE.This might sound crazy, but hear me out.
Following the recent approval of the Bitcoin spot ETF, we observed a notable price momentum in BTC and other altcoins. However, it's not entirely convincing for the sustained bullish rally of BTC in the short term. Just a few days ago, BTC struggled to break the $44k level, but now the price is trending at $46k. From a technical analysis perspective, BTC needs to surpass the $47.3k resistance in both daily and weekly timeframes to reach the FWB:52K target.
Looking at the USDT.D (USDT Dominance), it's evident that it has well-maintained a support level of 5%. With the RSI in the oversold zone, there's a compelling possibility of a significant bounce in USDT Dominance, indicating a potential correction in the crypto market.
It will be interesting to observe whether the USDT Dominance breaks down and closes below the 5% support level.
As someone wisely said, "Always prepare for the worst."
Regards,
Team Dexter.
GBPUSD: THIS RANGE NEED TO BE BRAKE OUTThis range USD USD after break out only enter only executi after the 15 minute nearest break out on your Orkut this is a very significant range price created price momentum price is at does not care about your past performance did the servant scale also Jay Shri Ram
#USDT Dominance signalling a Buy Signal, EXIT ALTCOINS OR WAIT?Tether Dominance Analysis:
☑️ A slight rejection is visible; historically, rejection leads to continuation, while a breakout triggers an exit from the market.
☑️ G-Trend has already triggered a buy signal, implying a shift to selling altcoins for USDT.
☑️ For confirmation, altcoins might dip a bit more.
☑️ The blue trendline and the 6% level are crucial points to observe.
I exited 40% of my altcoins which had vertical moves on the 4th Jan right before the bleeding started.
I have plans to buy back lower but not unless I see some confirmation!
Do hit the like button if you like my updates and share your views in the comment section.
If you do, I will let you know when the sentiment changes!
#PEACE
USDT.D as predicted Bullish triangle eh :)
( check the related ideas down below ) i gave you the bottom of the movement which one of the reasons for me was usdt dominance , as you can see candle arrived to parabolic support which will react sooner or later , my prediction is to reach the top or close to the top of channel before halving and the nuke for a year of gains , so stay safe here as its a dangerous time .
📈USDT.D is close to a bullish scenario📉CRYPTOCAP:USDT.D
GEMINI:USDTUSD
Hello dear traders. Let's make it simple.
USDT.D is close to its stable support level. If there is more outflow from cryptocurrencies, the dominance of USDT.D will increase. At the same time, there are divergences in the price level that can lead to the possibility of a bullish scenario.
✌💥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.🍾
#USDTether Your Altcoins are Dumping? What to do?
Let's analyze:
Dominance Update: Even though Altcoins aren't reacting as expected while BTC remains relatively stable, Tether (USDT) is in a tricky spot.
The uncertain situation, often called the "grey area," is holding things together for now to some extent. If the dominance goes above 6%, it could signal a trend reversal.
Keep a close eye on this chart – it's like your crystal ball for market insights.
For the current trend to continue, we need a rejection at this level.
Breaking through won't be easy, but it's possible.
Stay alert for signs that support or challenge this analysis.
DYOR, NFA
#BitcoinETFs #Bitcoin
Do hit the like button to support my content/
Thank you
#PEACE
Dollar Dominance Dilemma: Bull Run VS Hell RunHello Fellow Traders! 🚀💹
🌐 Dollar Dominance Chart Analysis 📈💵
This chart holds significant implications for the dollar's dominance and the broader market.
📌 Pattern Recognition: Flag Channel 🚩
We're currently observing a crucial pattern known as the flag channel. Typically, this pattern is bullish (confirmed upon breaking out from above).
💡 Key Insight: Channel Position
Presently, we find ourselves at the channel's bottom. For the ongoing mini Bullrun to thrive and expand, a breakout below this channel is essential, validated by a weekly close with at least 2 candles.
🚨 Warning Signal: Breakout Above
Conversely, if the trend reverses and breaks out from above, brace yourself for market turmoil. This chart's dynamics are inversely correlated to BTC and the overall market.
📉 Dollar Up = BTC Down
📈 Dollar Down = BTC Up
Got it? Simple, right?
🔍 Consider this chart as your compass for predicting the next market move. Best of luck on your trades! 🌟💰
Feel free to share your thoughts and happy trading! 🌐📊💼
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
USDT Chart: Maintaining a continuous upward trendHello traders!
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-------------------------------------
(USDT chart)
USDT is a representative fund transfer channel in the coin market.
USDT maintaining its upward trend means that funds are continuously flowing into the coin market.
At this time, it should appear to be rising while creating a gap.
--------------------------------------------
(USDC chart)
The key is whether the downward trend that began in July 2022 can be stopped and turned into an upward trend.
To do so, it is important whether it can rise above 26.525B.
We believe that USDC has less influence on the coin market because there are fewer exchanges or trading pairs supported than the USDT market.
----------------------------------------------
(BTC.D chart)
In order for the coin market to begin a major bull market, I believe that BTC dominance must rise above 61 and then begin to decline.
BTC dominance fails to fall below 51.17 and shows an upward trend.
A rise in BTC dominance means that funds are being concentrated towards BTC.
Therefore, altcoins are likely to exhibit greater volatility than BTC.
I don't think it's a good idea to predict the rise and fall of BTC or altcoins based on the rise and fall of BTC dominance or USDT dominance.
This is because I think it is a chart that shows how the money flow in the coin market is moving.
------------------------------------------------
(USDT.D chart)
If USDT dominance remains below 5.89, I think the coin market is likely to show an upward trend.
Accordingly, it is expected that an altcoin bull market will begin when USDT dominance remains below 5.89 and BTC dominance falls below 50.
An altcoin bull market refers to a bull market in which anyone can make a profit no matter what coin (token) they purchase.
Currently, BTC dominance is showing an upward trend, but USDT dominance is still below 5.89.
Therefore, it can be interpreted that the coin market is still maintaining an upward trend.
If USDT dominance rises above 6.39, the coin market is likely to turn into a downward trend, so caution is required when trading.
-------------------------------------------------- -
BTC's price volatility is bound to have a significant impact on the coin market.
However, it is the funds that make the volatility visible.
Therefore, I believe that if you do not know how money flows, you cannot truly know the BTC price trend.
In that sense, I think individual investors should observe the USDT, USDC, BTC.D, and USDT.D charts, which can provide some insight into the fund flow in the coin market.
You can tell whether funds are flowing into or out of the coin market depending on whether they are rising or falling by creating a gap on the USDT or USDC chart.
The BTC.D chart allows you to see whether the funds flowing into the coin market are concentrated towards BTC or altcoins.
A decline in USDT dominance means that coins are being purchased with USDT, so the coin market is likely to show an upward trend.
However, USDT dominance can only reveal the overall trend of the coin market and should not be used to predict the rise or fall of BTC's price.
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
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
USDT Dominance Breakdown: 20% Potential DropThe breakdown from the descending triangle pattern is indicative of a potential shift in market dynamics. Currently, the dominance is aligning with the established pattern, suggesting a continuation of this trend.
From a technical standpoint, the observed breakdown implies a possible decrease of approximately 20% from the current position. This projection is based on the historical performance of the descending triangle pattern and the associated technical analysis.
Investors and market participants are advised to stay tuned for further updates as the situation unfolds. Monitoring the ongoing developments in USDT dominance will provide valuable insights into the broader cryptocurrency market trends and potential trading opportunities. It's essential to remain vigilant and adapt strategies accordingly in response to market dynamics.
Stay tuned for further updates; I will continue to provide information as the situation develops.
USDT.D | Dominance USDT | BE CAREFUL! What we can expect for the next step is another bearish move! This is USDT dominance rising. An increase in this dominance means more traders converting their cryptocurrencies to USDT, which indicates a bearish trend for the entire market.
Be careful!"
Meaning of buying when falling and selling when risingHello traders!
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Have a good day.
-------------------------------------
#BTC.D 1D
#USDT.D 1D
#BTCUSDT 1D
I think the Renko chart is a chart that can somewhat complement fakes and whipsaws.
This chart allows you to see at a glance which section the trend or current price position is contained in.
Looking at this chart, I think it can be broadly divided into two sections.
The current price is in the 36000-43500 range.
In that range, support and resistance areas are formed between 39000 and 40500.
Therefore, if it fails to rise above 43500, I think there is a possibility of touching the 39000-40500 range.
For signs of decline to appear, it must fall below 42000.
Additionally, the upper line of the Price Channel indicator will be created.
BTC dominance is falling to around 50.
Accordingly, the possibility of fakes or whipsaws occurring in BTC volatility is increasing.
Therefore, I think you should not react sensitively to BTC movements until there is a clear movement.
A decline in BTC dominance means that funds are moving away from BTC and towards altcoins.
Therefore, if you react sensitively to BTC movements, you may proceed with trading in the wrong direction, so caution is required.
#USDT 1D
In order for the coin market to turn into a downward trend, it must be accompanied by an outflow of funds.
Otherwise, I don't think there could ever be a downward trend.
The representative stablecoin for fund inflow and outflow in the coin market is USDT.
Therefore, if the USDT chart begins to show a gap decline, then I think there will be a higher possibility that the coin market will turn into a downward trend.
However, since we need to check the correlation between the movement of USDT dominance and BTC dominance, if there are signs of a downward trend, then we will tell you again.
As it fails to renew the high point on the general candle chart and touches the 42K range, it seems that talk of a gradual decline is starting to emerge.
If the price starts to fall, it is expected that more funds will flow into the coin market, leading to more purchases.
If you look at the current USDT chart, you can see that funds are continuously flowing into the coin market due to the rising gap.
Therefore, now is the time to buy.
It is possible to sell some of your coins (tokens) in installments to prevent losses, but if the price falls, you must repurchase them again.
Because the gap between the short-term moving average line and the mid- to long-term moving average line is large, fatigue from the upward move is high.
So, the market is naturally trying to correct prices.
However, if you reduce the number of coins (tokens) you hold by selling in a situation where funds are continuously flowing into the coin market, you may regret it a lot in the future, so you need to be careful in responding.
If you currently have some cash reserves, you will have a good opportunity to buy more when a price correction occurs.
If you think your cash holdings are low, you should secure cash by selling the coins (tokens) you currently hold that have either converted to a loss or are likely to record a loss.
When a price adjustment occurs with the cash secured in this way, the average purchase price must be lowered and the number of coins (tokens) held must be increased by repurchasing.
BTC's 43160-43823.59 range is a psychological split selling range.
Therefore, in order to reduce the upward fatigue that has risen to the 43160-43823.59 range, it is recommended to secure profits by selling in installments.
In that sense, split selling when it falls below 42053.66 can be considered a stop loss.
There is a big difference between split selling when the price rises to the 43160-43823.59 range and can no longer reach the high point, and split selling at the point where the downtrend is likely to begin.
First of all, there is a big psychological difference.
When the price rises and you can no longer reach the high point, you sell it in installments, and you feel psychologically relieved that you have succeeded.
This relief gives you the power to buy back again when the price falls, creating a pull back pattern.
However, if you split and sell with a stop loss, even if the price falls and shows a pull-back pattern, you will hesitate to repurchase due to psychological anxiety about further decline.
In addition, since the stop loss point and the area that creates the pull back pattern are likely to be close, you will be more hesitant to repurchase.
That location is the current location, 42053.66-42278.03 section.
If it falls from this range, it will hit the support and resistance range of 39845.44-42053.66.
However, the important support and resistance point for this decline is the 41350.0 point.
Therefore, there is a high possibility that the price will shake up and down around the 41350.0 point.
Since this fluctuation is likely to lead to an upward trend during the volatility period around January 1-5, choosing to sell the split at the current price can be considered risky.
You should buy when prices fall and sell when prices rise.
This is one of the most basic trading strategies in trading.
However, these basic trading strategies are not followed.
Buying when the price is falling means buying when the price is falling and moving sideways within a certain range or showing support at a certain point.
Therefore, through chart analysis, you must select the corresponding support and resistance points or sections and check the price movement.
Selling when the price rises means selling when the price rises and can no longer reach the high point or shows sideways movements within a certain range.
You may think that chart analysis is a very important part of trading, but this is not true.
Chart analysis is just one part of trading, the most important thing is trading strategy.
This is because the success or failure of a trade depends on how you create your trading strategy.
trading strategy
1. Investment period
2. Investment size
3. Trading method and profit realization method
You can think about it by dividing it into parts 1-3 above.
Step 3 involves creating a trading strategy by checking the information learned from chart analysis, that is, price movements at support and resistance points or sections.
This means that steps 1 and 2 are very important in creating an actual trading strategy.
The first thing you need to do is decide which coin (token) to invest in, for what period of time, and at what size of investment.
To do this, you need to step away from the chart for a moment and check the ecosystem of the coin (token) you want to trade or check aspects such as community scalability.
Next, analyze the chart to see how support and resistance points or zones are formed at the current price position.
You must create a trading strategy based on the confirmed information and proceed with trading.
However, as you invest all your time in chart analysis and create all kinds of scenarios in your head with that information, you add your own subjective thoughts and psychological factors, which causes trading to proceed in the wrong direction.
Therefore, chart analysis should be done with as objective information as possible.
In order to exclude your subjective thoughts and psychological factors from this objective information, appropriate indicators must be set in the chart.
Otherwise, your subjective thoughts and psychological factors will eventually be included in the chart analysis without your knowledge.
I believe trading should be done by trend following.
However, trends may vary depending on your perspective.
Therefore, there is no need to criticize or call out anyone else's thoughts for being different from mine.
This is because the investment period is different depending on your perspective.
One thing I would like to say here is that when looking at trends, if possible, you should first check the trend in a time frame longer than a 1D chart.
If you always trade with the trend of the time frame chart below the 1D chart, there is a high possibility of making a mistake due to fake or whipsaw.
Therefore, before starting a new trade, you should check the trends on the 1M, 1W, 1D charts and mark the support and resistance points on these time frame charts on the charts.
Then, by looking at the time frame chart that you mainly view and trade, check the movement at the corresponding support and resistance points and proceed with the transaction, you will be able to reduce the number of times you are caught by fakes or whipsaws.
--------------------------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
⚠️Declining USDT dominance !USDT.D index broke below descending triangle support
Successful retest below triangle support would confirm breakdown and bearish signal📉
Declining USDT dominance typically bullish for crypto markets due to inverse relationship📝
🤑Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
USDT Dominance. I am bullish!!! Good for BTC trades!!!Hello everyone. i want share my idea about USDT Dominance.
After bitcoin bullish movement at USDT Dominance we had revers strong bearish movement, which broke easy some supports without test it, but at least we got some strong rejection at weekly support. First touch was strong revers movement which test twice 4h resistance and we got movement from 6.10% to 5.60% ( weekly support) at weekly support price stopped, if we look at price action its coming reverse which mean, if we will get here trend change, bitcoin price will fall and we will get bearish trend, if bitcoin will start with bearish next year, its high probability to get next year bearish for bitcoin ( i shared my analysis at bitcoin where i am short). at this chart we have some interesting price at the moment, if we look at weekly or monthly timeframe we will see trend is still in uptrend and we can assume, it was correction and another high-low of trend. for that i made some scenes which i am waiting.
Scene 1 - price has stronger reaction second time when it touched to weekly support its going higher and brake resistances which is first 4h and second daily.
Scene 2 - price need another buyers for that it will make liquidity swing where new buyers will active and price will go higher, if we look at it now we had some liquidity swing where we got new buyers but if from here price will not start bullish trend i think another liquidity swing will be enough for active new buyers.
Scene 3 - i am wrong in this trade, sellers will brake that weekly support where will be not new buyers and trend will continue.
I will share in this posit my Bitcoin analysis which i think will hep you analysis better.
Always manage your own risk and make your own research!!!
BTC.DBitcoin's dominance seems to have completed an impulse and naturally it should enter a period of correction and take time.
Modification can be in the form of any pattern.
Volatility Period: Around December 18-25Hello traders!
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Have a good day.
-------------------------------------
(BTCUSDT chart)
(1W chart)
This period of volatility is expected to be between December 18th and 25th.
At this time, the key is whether it can rise above 45135.66.
If not, you should check whether a new HA-High indicator is created as it falls around 37253.81-38531.90.
(1D chart)
What you need to look at during this volatility period is whether it falls below the 39845.44-42053.66 range or rises above the 43823.59-45135.66 range.
Even if there is no major change in BTC's movement, what is important for now is whether BTC dominance can stop sideways and form a trend.
(BTC.D chart)
Currently, BTC dominance is located around 53.
Accordingly, I think the key is whether it falls below 50 or rises above 54.
This is because I believe that in order to create an altcoin bull market, BTC dominance must fall below 50 and USDT dominance must remain below 5.89.
(USDT chart)
I believe that funds are continuously flowing in through USDT.
(USDC chart)
In addition, USDC is also showing sideways movements, forming a box section.
I believe that this funding situation is sufficient grounds for volatility in the coin market.
In order to form a trend in the coin market, it usually begins with significant volatility.
Therefore, if significant volatility occurs during this period of volatility, a trend is expected to occur in either direction.
However, in order for the price to turn into a downward trend, it must fall below 39845.44 and show resistance.
If it shows support in the 37253.81-38531.90 range, it is expected that it will not be easy to turn into a downward trend as there is a possibility of creating a pull back pattern.
--------------------------------------------------
- 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.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
Damp usdt.d Are you ready for the cryptocurrency bear market?
In the areas of 5.20 and 4.95, the important areas are the reversal of the dominance trend of Tether.
Be careful of Dominance movement in this area.
And prepare yourself for the bear market.
#USDT Dominance is printing something scary!🚨Market Caution Alert! 🚨
While many anticipate a move to FWB:48K , it's crucial to stay vigilant as market conditions can shift rapidly.
I'm also waiting for this level, but let's be cautious and ready for sudden changes.
I've explained the significance of this weekly close for Bitcoin.
Recall your greatest losses? When you were unprepared for the unexpected. Let's avoid a repeat this time!
Running Trades on Leverage:-
1. Set your Stop Loss (SL) to manage risk.
JTO: SL at $2.36 (in red).
DYDX: SL around $2.776 (in green).
2. I'm not adopting a bearish stance, but the goal is to prioritise caution and secure profits. I've said it before I am spot-long till Q3 of 2025!
3. Avoid excessive use of leverage for safer trading.
Let's stay alert and make informed decisions. Markets can be unpredictable, and protecting our investments is paramount.
#Crypto #BTC
Do show. your support and boost this chart if you like it.
Thank you
#PEACE
USDT.D Monthly Rising Wedge Breakdown!📈 USDT.D Monthly Analysis: A Rising Wedge Catalyst for the Crypto Bulls 🚀
Traders and crypto enthusiasts, buckle up for a potential game-changer as we dissect the monthly chart of USDT.D (Tether Dominance). The recent confirmation of a rising wedge pattern has set the stage for what could be the ignition point for the next crypto bull market.
🔍 Analyzing the Rising Wedge:
The rising wedge, a classical chart pattern, is now unmistakably confirmed on the monthly timescale for USDT.D. This wedge is characterized by narrowing price action, indicating a tightening range between support and resistance. Historically, when a rising wedge forms, it often resolves with a breakout to the downside.
📉 USDT.D Descends, Crypto Assets Ascend:
Traditionally, when Tether dominance is on the decline, it tends to signal a shift of capital from stablecoins to riskier assets like cryptocurrencies. The decreasing dominance of USDT.D suggests a growing appetite for risk in the market, and we've seen in the past that this trend often coincides with bullish movements in the broader crypto space.
📆 Timing the Bullish Surge:
As we observe this rising wedge pattern on the monthly timescale, it becomes imperative for traders to monitor key support and resistance levels. The eventual breakout from the wedge could mark the onset of a new bull market for various cryptocurrencies. Keep an eye on price action around the wedge boundaries for potential entry points.
📊 Risk and Reward:
While patterns provide valuable insights, it's crucial to acknowledge the inherent risks in trading. Always employ proper risk management strategies and consider multiple indicators before making any trading decisions.
🚨 Stay Informed, Stay Ahead:
The crypto market is dynamic, and staying ahead of the curve is essential. Watch USDT.D closely in the coming weeks for any signs of a breakout or breakdown. The implications could be significant for the broader cryptocurrency landscape.
Remember, information is power in the trading world. Share your thoughts, analyses, and strategies in the comments section. Let's navigate these exciting market dynamics together!
📈💹 #CryptoAnalysis #USDTD #RisingWedge #BullMarketIgnition #TradingView 🚀
Tether Dominance (USDT.D)Exciting times in the crypto market! 📈 Tether Dominance (USDT.D) is on the rise with a notable surge in trading volume, showcasing a rounded bottom pattern since hitting its support.
Feeling optimistic about the future! Long-term projections for Bitcoin and the broader crypto space in 2024 and 2025 look promising. However, it's crucial to note the recent bullish momentum in Tether Dominance could signal a temporary correction for both Bitcoin and Altcoins in the mid-term, following a potential lower high.
Simplicity is key. Analyzing the "Candle Pattern" on the chart provides valuable insights.
Thank you for your attention. Your support encourages us to deliver more valuable content. Feel free to like and share!
Update analysis (USDT.D)📊In the analyzed time frame, it is clear that it was bearish, and by reaching the desired area, we can see the beginning of a range or rise from USDT.D.
📈So stay with me in the next updates.
🔗 For more communication with us, send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Respect the pump - USDT.D breaking supportTime to get off the sidelines and respect the pump.
If the ongoing L2 rally isn't enough of a wake-up call, check out USDT Dominance, which is putting in lower lows and breaking through a significant previous resistance level with increasing volume to back it up. Also, looking at VPVR, there's also very little volume to stop this trend at least until it retests the 200 SMA, which is not far off.
I wouldn't be surprised to see a bounce off of that corresponding with a slight retrace for some of these coins as traders take some profit, but at this point my bias is bullish.
We are so back.
Happy trades,
CD
