USDT.D has just tagged strong support!I'm throwing this out there just to put a little ice on the flames rn. It is worth noting that USDT dominance has tagged strong support today.
What does this mean? Well, it means mostly that reserves are being emptied in favor of hot crypto rn.
What might it mean if support holds? It's really hard to say but I am betting that much of these funds are going into Bitcoin. Now, if BTC starts to cool (which my charts are showing me may strongly be the case), traders may sell, USDT.D would bounce on that support, and then following this traders may begin to look at new trades, specifically ALTs which they know will follow BTC's lead. This theory is supported by my BTC.D chart which looks as if it may double-top here today pending where we close.
Also note that RSI. We are in oversold territory. Last time this happened, ALTs took off.
Best,
Stewdamus
Usdtdominance
USDT.D: Need to check if it can fall below 5.89-6.39Hello traders!
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-------------------------------------
(USDT chart)
It is continuing its upward trend towards the upper tail of the candle created on November 8th.
Since the rise is occurring while creating a gap, it is believed that funds are continuously flowing into the coin market.
---------------------------
(USDC chart)
The key is whether the price can rise above 26.525B while maintaining the upward trend due to the gap increase.
----------------------------------------------
(BTC.D chart)
In order for the coin market to enter a full-fledged bull market, I believe that BTC dominance must rise above 61 and then begin to fall.
Accordingly, if the current BTC dominance fails to rise and falls, there is a possibility that a small bull market may form before the full-scale bull market begins.
However, since it is judged that a full-fledged bull market is likely to begin only when BTC dominance rises above 61, it is highly likely that altcoins will eventually sideways or decline.
-------------------------------------------------- --
(USDT.D chart)
A decline in USDT dominance indicates an upward trend in the coin market.
Therefore, if it falls below 5.89-6.39 and remains, the coin market is expected to enter a bull market.
However, at this time, I think the altcoin bull market will begin only when BTC dominance falls below 50.
If BTC dominance does not fall below 50, it is expected to form a strange bull market in which only BTC will rise, so caution is required when trading altcoins.
I believe that the secondary purchase period of altcoins for next year's BTC halving should be conducted in the BTC 32K-43K range.
The reason is that BTC dominance must rise.
--------------------------------------------------
- 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.
---------------------------------
Next volatility period: around December 9thHello traders!
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-------------------------------------
(BTCUSDT 1D chart)
As the period of volatility comes to an end, it is expected to close below the 37253.81 point.
Currently, the HA-High indicator is trending sideways, so the HA-High indicator is not consistently level and is showing volatility.
Accordingly, we believe that the HA-High indicator is not yet suitable for the role of support and resistance.
Therefore, we need to check in which direction it deviates from the 36136.51-37253.81 range and seek a response plan.
In any case, it is sideways in the 34786.17-37779.56 range.
So, if you look at BTC itself, it is just moving sideways.
However, it is felt that the movement of altcoins will cause great volatility in the coin market.
I think that your psychological state becomes unstable in this situation because the average purchase price of the coins (tokens) you own is high or the investment proportion of the altcoins you own is high.
If this state of anxiety continues to occur frequently, there is a high possibility of trading in the wrong direction, so I think it is a good idea to block this psychological state before it occurs.
As this period of volatility passes, it shows a break away from the newly created rising trend line (2) and a break from the rising channel that was formed.
Accordingly, we need to check whether it can rise above the rising trend line (2) again based on around December 1st.
If not, you need to check if there is any movement out of the 34786.17-37779.56 range around December 9th, the next volatility period.
Since the highs of the StochRSI indicator are in a downward trend, we can see that the strength of the uptrend has weakened.
Accordingly, if it does not rise above 37253.81 quickly, it is likely to fall below 36163.51-36568.1, so a countermeasure is needed.
Compared to the volatility of BTC, the volatility of altcoins has increased.
(BTC.D 1D chart)
While BTC dominance is sideways around 52, altcoins have fallen by about -20%.
(USDT.D 1D chart)
USDT dominance is also trending sideways.
It appears that the funds withdrawn from altcoins are being used in the BTC market or ETH market.
Therefore, I think it is being used to buy BTC or ETH.
I believe that this phenomenon is being driven by the futures market, which causes the coin market to fall and causes coins to be purchased in the spot market.
This is likely to continue until you reach your goal of buying BTC or ETH.
Accordingly, the coin market is facing a good opportunity.
(1W chart)
Good opportunities in the coin market are expected to appear on the 1W chart.
In other words, as the HA-High indicator falls, it is expected to increase liquidity by increasing volatility in the coin market.
At this time, we just need to check whether we receive support or resistance near the newly created HA-High indicator and respond accordingly.
If the HA-High indicator receives resistance and falls, it is highly likely that it will eventually touch the HA-Low indicator, so there is a possibility that a new HA-Low indicator will be created.
If the HA-Low indicator shows support around it when it is newly created, it is time to buy.
This buying time is
1st: 32917.17-34110.32
2nd: 29241.72-30767.38
This applies to the 1st and 2nd parts above.
This movement has the potential to be used to create a pull back pattern.
Since you will only find out when the pattern is complete, there is a high possibility that you have already missed a good opportunity when you realize that you have created a pull back pattern.
Therefore, it is likely that the time to buy will be when the coin market is full of fear.
If this is not possible and you encounter resistance from the HA-Low indicator, there is a high possibility of a downward trend, so you can respond accordingly.
The way to respond is to reduce the investment proportion of coins (tokens) you own to prepare for a major decline in the future.
Therefore, when it falls near the first and second sections above, there is a possibility that a new HA-High indicator may be created.
Therefore, the fact that the HA-High indicator on the 1W chart is falling will create an interesting experience in the future.
To fully enjoy this experience, you need a trading strategy.
It is not right to try to trade in the coin market the same way you traded in the stock market.
Therefore, the selling strategy used in the stock market is not suitable for the coin market.
The stock market trading method is to obtain greater profits by using a large amount of investment to secure a large number of stocks.
If this method is applied to the coin market, there is a high possibility that the period of holding the coin while recording a loss will be longer than the period of profit.
Therefore, a trading strategy suited to the coin market, that is, a selling strategy, is needed.
--------------------------------------------------
- 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.
---------------------------------
USDT Dominance Analysis. Short Bitcoin its time!Hello everyone i want share my idea about USDT Dominance.
After strong fall of USDT Dominance we see bitcoin huge upside movement which broke weekly strong resistance and stopped to monthly resistance. Bitcoin is still bullish but for new buyers we need price correction which i think has stared.
At USDT Dominance we see trend change movement after touch to monthly support zone, at 4h timeframe buyers of USDT Dominance trying to change trend upside its close to brake some resistance area which is at 6.70%, from that point we saw rejection but bot longer this rejection and the fall going weaker. after touch Fibonacci 50% LVL price stopped downside movement and we have some trend continue signals.
I am bullish at USDT Dominance which means Bitcoin will fall and the fall will be correction.
BE PATIENT!!! ALWAYS MAKE YOUR OWN RESEARCH!!!
A trading strategy is needed to stabilize the psychological stat== A trading strategy is needed to stabilize the psychological state. ==
Hello traders!
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-------------------------------------
(USDT chart)
A very long upper tail was created on November 8th.
Then, the gap continues to rise.
I believe that this continuous gap increase means that funds are continuously flowing into the coin market.
Accordingly, I believe that if the current inflow of funds is concentrated towards BTC and the price is defended, this will eventually lead to an upward trend in BTC.
(USDC chart)
The key is whether the gap can rise above 24.98B.
I believe that USDC has less influence on the coin market than USDT.
The reason is that the USDC market is not active.
Therefore, if funds flowed into the coin market through USDC, I think there is a high possibility that they will be exchanged for USDT.
Otherwise, I think BTC will most likely be used for trading.
-------------------------------------------
(BTC.D chart)
In any case, funds are flowing into the coin market through USDT or USDC.
In these situations, we need to check BTC dominance to see where our real money is being spent.
For the coin market to show a full-fledged upward trend, it is expected that BTC dominance rises above 61 and then begins to decline.
Therefore, rising BTC dominance means that funds are being concentrated towards BTC.
It is unknown whether funds concentrated in this way toward BTC will cause the price of BTC to rise or fall.
Therefore, when BTC dominance rises, altcoins are likely to gradually sideways or decline.
(USDT.D chart)
A falling USDT dominance means that funds are being used in the coin market.
Accordingly, the coin market is likely to show an upward trend.
Currently, funds are continuously flowing in, but BTC dominance and USDT dominance are showing sideways movements.
If sideways moves like this, individual investors are more likely to feel unbearable anxiety, so they will naturally sell their coins (tokens) in installments.
To encourage this further, circular pumping of altcoins occurs.
Accordingly, BTC will move very slowly, and altcoins are likely to become more active.
However, if you look at the movements of BTC dominance and USDT dominance, you can see that the fluctuation range is not large.
You can see that trading is not that active.
Individual investors are accustomed to waiting.
However, because they are psychologically unstable, they just give up waiting, but they are used to waiting.
However, investment companies, institutions, and whales are not accustomed to waiting.
However, I think they just seem accustomed to waiting because it has the power to shake the psychology of individual investors.
For a bull market to start this year, I believe BTC dominance must fall below 50 and USDT dominance must fall below 5.89 and remain there.
Therefore, I think that the way to relieve one's psychological anxiety is to increase the number of coins (tokens) corresponding to profits while controlling the proportion of coins (tokens) held until then.
This is because individual investors are highly likely to make wrong choices if their psychological state becomes unstable, no matter how profitable they are.
This is because I believe that if you can stabilize your psychological state even if you earn less profit, you will eventually be able to close the transaction successfully.
--------------------------------------------------
- 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.
---------------------------------
#USDT Dominance :- This move will push BTC to $42k+Tether is retesting the support-turned-resistance trendline below the mid-support of the channel. This is good news.
A move to the lower side range of 5.65% will trigger a rally throughout the market.
this move seems highly likely to complete the pattern.
Invalidation will be a close above 6.75% in the Daily chart.
So far it looks ready for a FREE FALL.
Let me know what you think in the comment section and do hit the boost button to support my content.
Thank you
#PEACE
Bull market begins: BTC.D (below 50), USDT.D (below 5.89)Hello traders!
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-------------------------------------
(USDT chart)
A large volatility occurred on November 8th and the gap continues to rise.
Accordingly, we can see that funds are continuously flowing into the coin market.
-----------------------------------------
(USDC chart)
It is unclear whether USDC's continued decline is causing funds to flow out of the coin market or to be converted to USDT.
However, because the USDC market is not active, USDC movements do not have a direct influence on the coin market.
Since USDC continues to fall, I believe it is forming a separate market different from the stock market.
It is believed that the movements of the stock market due to the volatility of government bonds (US10Y) and DXY are consistent with the current movements of the coin market and have no special meaning.
(US10Y chart)
Since US10Y showed a short-term decline, it appears that the stock market is temporarily on the rise.
(DXY chart)
Since DXY is located around 105.664-106.416, it is difficult to say that the investment market is active yet, so you should be careful about investing.
-------------------------------------------------- ------------
(BTC.D chart)
BTC dominance is showing resistance and falling around 53.68.
Accordingly, we can see that funds are being concentrated towards altcoins.
However, since BTC dominance is above 50, you can see that more funds are still concentrated in BTC.
Therefore, I think caution is still needed when investing in altcoins.
-------------------------------------------------- ---
(USDT.D chart)
If USDT dominance falls below 5.89-6.39 and remains, the coin market is expected to begin a bull market, i.e. a bull market.
However, as mentioned in the explanation of the BTC dominance chart, the actual bull market is expected to begin only when BTC dominance falls below 50.
Therefore, it can be said that the 5.89-6.39 section corresponds to the boundary section.
This means that even if it pretends to fall below this boundary, it may rise.
In this market situation, I think that buying when a downward candle is on the 1D chart will lead to better trading than through breakout trading (buying when the price breaks upward through important support and resistance areas).
You should be aware that if the altcoin you own is not rising and you switch to another altcoin that is rising, there is a high possibility that the altcoin you have held will rise from then on.
--------------------------------------------------
- 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.
---------------------------------
Important update on the USDT Dominance and the US Dollar IndexGreetings, Traders,
We have a brief update on USDT dominance and the US Dollar Index using a 3-day timeframe chart. This video holds significance for analyzing the crypto market, so be sure to watch it through to the end. If you have any questions, concerns, or suggestions, feel free to reach out. I'm here and just a comment away.
Best regards,
Team Dexter.
The next period of volatility is around November 16thHello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(USDT.D 1D chart)
As the trend line moves, a period of volatility is expected to begin around November 13th.
Accordingly, it is necessary to check the movement up to November 12-16.
If USDT dominance falls below the 5.89-6.39 range and maintains a downward trend due to resistance, it is expected that an altcoin bull market, or bull market, will begin.
It is expected that this fire field will create a small garden.
A major bull market is expected to begin when BTC shows a full-fledged uptrend, so if a bull market starts this time, I think the work to create a full-fledged uptrend has begun.
(BTC.D chart)
However, in bullish conditions, BTC dominance must fall below at least 50 and maintain a downward trend.
If not, there is a possibility that a strange bull market will continue in which only BTC will rise.
Accordingly, the current coin market can be seen as waiting at the starting point of a bull market.
It can be said that it is unknown whether all coins (tokens) will start together, whether BTC will start alone, or whether it will temporarily take over from the starting point and gather strength again.
-------------------------------------------------- ---
(USDT chart)
Someone is continuously injecting funds into the coin market.
USDT is active on exchanges around the world, so it can be said to be a channel for everyone who wants to trade in the coin market to move funds.
Accordingly, the rise in USDT's gap can be seen as meaning that new funds are continuously flowing into the coin market.
-------------------------------------------------- ---------
(BTCUSDT chart)
The reason why I explained the coin market cap chart (USDT.D, BTC.D USDT) before this explanation is to let you know that the current position is that important.
(1M charts)
It is close to the 0.5 point (38745.63), which is the Fibonacci ratio shown on the 1M chart.
Accordingly, if the price is maintained above 37253.81, it is expected to rise above 38745.63.
However, when it passes the 38745.63 point, it seems that the future trend can be predicted depending on whether it passes with a sharp rise or a slow rise.
I think there is a high possibility that this bull market or bull market will end around 43K.
Accordingly, if BTC rises too quickly, there is a possibility that only BTC may rise, preventing the altcoin bull market from starting.
Also, I think there is a possibility that the bull market or bull market will end very briefly.
Therefore, I think it is necessary to pay attention to the movement of BTC dominance.
(1W chart)
What I explained in the 1M chart is about movement in a very big picture.
Accordingly, it is recommended to use it to understand the general concept of movement in the big picture.
In the coin market, I think the trend of the 1W chart is the best.
Therefore, I believe that a more accurate trading strategy can be created by combining and interpreting the trend on the 1W chart with the approximate big picture on the 1M chart.
By combining the support and resistance points shown on the 1M chart with the 1W chart, I believe that more accurate support and resistance points and sections can be selected.
Therefore, numbers 1 and 2 shown on the chart correspond to important support and resistance areas, and the trend is expected to be determined by whether these areas can be broken upward.
Because of this, an important issue is whether the price can be maintained by rising above 38531.90.
Otherwise, if it falls and maintains the price above the 29241.72-30767.38 range, it is expected to create a pull back pattern.
If it falls below the 29241.72-30767.38 range, there is a high possibility of a downward trend, so caution is required.
What you need to pay attention to is the altcoins you own, and you will have the opportunity to buy more BTC or ETH.
It is the rising trend line that has the potential to play a role in creating a pull back pattern.
If it touches this rising trend line and stops, there is a high possibility that it will sideways and create a pull back pattern near that point or section.
(1D chart)
Based on what you learn from the 1M chart and 1W chart, you can create a more detailed trading strategy on the 1D chart.
It is possible to create a trading strategy using only 1D charts, but then small fluctuations may prevent you from properly reading the direction of the big picture.
So, if possible, it's a good idea to create big-picture trends and trading strategies on the 1M chart and 1W chart.
The first resistance section, 37779.56-38745.63, includes both support and resistance points on the 1M chart and 1W chart.
Accordingly, the reliability of the role that follows can be considered high.
After November 8, prices moved sideways and the trend line moved.
Accordingly, the possibility of volatility occurring around November 16th has increased.
During this period of volatility, it is expected that there will be an attempt to break above the first resistance area, and if an attempt is made to break upward, the key will be whether the price can be maintained after the breakout attempt.
If not, and it falls below 36701.09 and shows resistance, there is a possibility that it will fall around 32917.17-34110.32, that is, near the important trend line.
Well, if you see volatility within the rising channel, there is a possibility of creating a pull back pattern, so you need to watch the subsequent flow closely.
Since the trend line on the 1W chart passes near an important trend line, I think there is a high possibility of support around the 32917.17-34110.32 range.
The explanation of the second resistance section will be explained when an attempt is made to break above the 38745.63 point.
--------------------------------------------------
- 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.
---------------------------------
USDT Dominance UpdateHello Traders,
Quick update on USDT Dominance over a 2-day period.
USDT Dominance broke below the previous support (6.45%), now acting as resistance. This breakdown spurred the crypto market to rally higher. There's a possibility it could dip further to 5.8%, a strong support level. However, before that, I anticipate USDT.D might attempt to break the resistance at 6.45%. If unsuccessful, a rejection is likely.
Note: The crypto market hasn't signaled a correction yet, so trade cautiously. The trend is bullish, offering profit potential. To safeguard your earnings, always use a Stop Loss. NEVER TRADE WITHOUT IT.
Hope this update proves helpful. Please like, share, and follow for more.
Best regards,
Team Dexter.
USDT.D #004 ( Collect your profits , Correction Time ! ) Hello dear traders .
Good days .
Dominance of Tether after broken Monthly Gann Square 0.5 Arc resistance could not broken Gann Box price level resistance and several time rejected .
For continue upward move it was need to get support. Now it is on Gann Square Fan Trend line to get support and continue move upward move . If it could not hold this support it will drop to lower Gann Box support which is about 5.03 % .
What we expect is the first scenario for upward move .
Good luck and safe trades.
Thanks for your support and comments.
Is TRON leading the market? When will market crash?Tron has shown extreme relative strength in down market
Tron held up relatively very well. It fell less than ever bitcoin this bear market. That is a strong indication of relative demand. Important to keep in mind that not only was it relatively strong from a technical standpoint, fundamentally its users/fees was extremely relatively high. It looks like one of the biggest value plays in crypto and its moving as such.
Keep an eye on USDT for when market crashes
If USDT starts to drop then we can see cash being pulled out of the system rather than just cycling thru to either BTC or ETH (or TRX?) or TOTAL3. The rotation of capital is a nice cycle but it does always lead to eventually a net redemption of stablecoins as capital rotates out entirely to book profits and look to other markets (bonds/commodities/equities). Keep an eye on USDT for this moment!
#USDT dominance giving us a hit to our Bitcoin's Local TOP!#USDT Update: Tether has shattered every support, mirroring Bitcoin's breakthrough of resistance. The 5.26% area emerges as a potential next target, hinting at further upside for Bitcoin.
While Bitcoin's chart signals a local top near $40.2k, this breakthrough could spark a rally to $42.8k, a significant long-term support turned resistance level. So, our $40k+ target remains plausible as long as $35k holds.
Cheers! 🚀
USDT.D # 003 ( USDT.D stuck in decreasing Gann Arc channel ) Hello dear traders.
Good days .
USDT.D several time rejected from 0.75 Gann Square Arc Resistance and it stuck in decreasing channel. At important monthly Gann Square time Zone level it expected to within decreasing channel which is dotted reduced up beginning of 2024 .
Downtrend move is plotted with help of Gann Square and Gann box .
Good luck and safe trades.
Thanks for your support and comments.
Usdt Dominanceafter more time usdt miss support and can going to 5.60%.so tether move for this point market can more pump and going for high.
but that is good support but i think this pather (Vedge) on chart u can see work we should go to 4.60%
but for this need more time
so we first going to 5.60% and after that all market corrction and tether can take back dominance little but after tat for bull run rdy and going to 4.60%
and realy bullruun when tether dominance going to 4.05%
GL
USDT.D metrick USDT.D indicator show very good signals for further growth. Since we've been hitting the level for a very long time and very often, it's already 6 times the price at the moment. Since I have a scenario with BTC falling, this metric allows us to have another argument in our favor ( historically the levels with the most tests break through )
USDT.D : Bull market begins when it falls below 5.89-6.39Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(USDT chart)
The gap continues to rise.
I believe that the rise in the gap is evidence that new funds are flowing into the coin market.
(USDC chart)
USDC has been in a downward trend since July 2022.
There are some doubts whether funds are flowing into the coin market as USDC and the funds are being converted back to USDT.
This is because the USDC market is not active, so in order to trade actual coins, you must trade in the USDT market or BTC market.
In any case, I don't think USDC has any direct influence on the coin market.
However, as coin-related investment products are launched in the stock market, I believe that the investment products and the movements of the stock market are related.
Therefore, I think the decline in USDC means that the correlation is weakening.
------------------------------------
(BTC.D chart)
I believe that BTC Dominance is not a chart that shows the movement of BTC price, but rather a chart that lets you know where funds are concentrated.
Therefore, a rise in BTC dominance means that funds are being concentrated towards BTC.
Conversely, a decline in BTC dominance means that funds are being concentrated towards altcoins.
Therefore, in the big picture (1M), you can see that the upward trend is maintained.
However, on the 1D chart, it is showing signs of a downward trend as it falls below the MS-Signal indicator.
We need to see if this short-term trend reversal can be sustained.
(USDT.D chart)
USDT has a direct influence on the coin market because the USDT market is active.
Therefore, a decline in USDT dominance means that the coin market is rising, that is, the buying trend is increasing.
In the big picture (1M), it is difficult to say that it has fallen below the MS-Signal peak, so I think it is maintaining an upward trend.
Accordingly, the rise in USDT dominance should be considered a decline in the coin market, that is, an increase in selling.
However, looking at the 1D and 1W charts, they show a decline below the MS-Signal indicator of each chart.
Accordingly, from a short-term perspective, the coin market is showing an upward trend.
(1D chart)
If this short-term upward trend in the coin market continues and USDT dominance falls below 5.89-6.39, it is expected that a bull market will begin in which profits can be made by purchasing any coin (token).
At this time, the important thing is that BTC dominance must fall simultaneously.
If not, strange movements are expected to occur.
Strange movements mean that only BTC is rising.
--------------------------------------------------
- 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.
---------------------------------
USDT DOMINANCE: THE BIGGER PICTUREHey traders, I hope you all are doing great. Here's a quick update on the USDT Dominance in a 2-day timeframe.
The USDT.D is still above the support 1 level showing the possibility of a bounce back anytime soon. With the RSI at the oversold zone, the chances are higher. The crypto market movement has been good and needs a correction to balance the chart. With the weekly close below FWB:36K on BTC, rejection is most likely to follow.
If the USDT.D breaks down below the support 1 level, then we will see some great green boost on BTC and other altcoins and support 2 will become the new support level for the dominance.
That's it from my end. I hope you find this post information.
Thank you and trade safely.
USDT.D #004 RESULT ( Target reached & next move ) Hello dear traders.
Good days.
USDT.D Target reach to the level and next move will explain .
we expect in previous analysis to move downward with in channel and will not broken Weekly Gann Arc resistance , but after broken Arc resistance it get support from Weekly Gann Square fan trend line . Retest Fan trend line and now ready to try broken Gann Arc resistance.
With increasing USDT in market we can say BTCUSDT will have correction .
Good luck and safe trades.
Thanks for your support and comments.
#usdt dominance #usdtd is preparing a bounce assault?After losing the bullish triangle and #btc pump, #usdt dominance lose weight. But, now USDT.D formed a falling channel that would possibly break out upwards. If #usdtdom breaks up, this will be a blood bath for #cryptocurrencies. If, #tether dominance breaks down and dumps out of channel this will be a rally for market (the invalidation scenario). First one is more probable for now, we' ll see.
NOT FINANCIAL ADVICE. Don' t take positions due to my posts.
USDT.D : The key is whether the decline can continueHello?
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(USDT chart)
USDT, which had been stagnant for a while, continues its upward trend and is renewing its new high (ATH).
However, the size of the candles is not the same as before and tends to be large.
This appearance of the 1D chart is actually the first pattern to appear.
It seems that the movement of funds in one day is too large.
So, once I know what the new pattern means, I'll explain it again.
The basic interpretation of USDT and USDC charts is whether they are rising or falling, creating a gap.
This is because a rising gap means that funds have flowed into the coin market, and a falling gap means that funds have flowed out of the coin market.
(USDC chart)
USDC is continuing to decline.
We believe that USDC does not have a direct impact on the coin market because the trading pairs are not active.
Therefore, it is unknown whether funds are flowing into USDC and then being converted to USDT, or whether funds are flowing out into the coin market after a quick transaction.
However, if the market capitalization of USDC continues to decrease, I think there is a possibility that there will be a difference in the movements of the coin market and the funds made up of USDC, that is, the coins launched as stock market investment products.
It is thought that this movement is limiting the upward trend of the coin market to launch new investment products.
The decrease in liquidity can be seen as a result of the movement of funds according to the global economic flow, but it is believed that as earn-related services on exchanges become active, funds are stagnating, reducing liquidity.
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(BTC.D chart)
(1M charts)
With BTC dominance rising above 53.65, the coin market is believed to be forming a new trend.
For the coin market to exhibit a major bull market, we expect BTC dominance to rise by more than 61% and then begin to decline.
Accordingly, BTC dominance is expected to continue to rise.
The rise in BTC dominance means that funds are being concentrated towards BTC, so it is likely that the movement of altcoins will relatively slow down.
Therefore, pumping of coins (tokens) with low market capitalization may occur frequently, but the upward trend is likely to be short-lived.
There are coins (tokens) that are currently showing a significant upward trend.
When these coins (tokens) end their upward trend and fall, it is necessary to check whether the price is maintained at a certain level.
In addition, we must also check whether the community activities of those coins (tokens) and the coin ecosystem are expanding.
This movement has the potential to create a new major coin and replace the existing major coin.
Therefore, if you are purchasing an altcoin for mid- to long-term investment purposes, I think it is a good idea to target these coins (tokens).
However, we must not forget that in reality, the only coins best suited for mid- to long-term investment are BTC and ETH.
(USDT chart)
USDT dominance fell below the HA-High indicator on all charts.
If USDT dominance is maintained below the HA-High indicator, the coin market is expected to show an upward trend.
However, since the movement of USDT dominance represents the overall flow of the coin market, the movement of individual coins (tokens) cannot be known.
If USDT dominance falls while BTC dominance is rising, this is expected to lead to an upward trend for BTC.
Therefore, I believe that BTC’s continued and rapid rise will inevitably result in a slowdown in altcoins.
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We believe that funds coming in through USDT have a direct impact on the coin market because the trading pair is active.
Therefore, if USDT continues its upward trend by increasing the gap, I think the coin market will eventually show an upward trend.
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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.
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** 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.
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USDT DOMINANCE: IMPORTANT UPDATE.USDT Dominance Update:
The USDT.D is struggling to make a bounce back and it is constantly hitting the support line. This is creating a critical situation for the dominance because if it breaks down below the support level then a further fall will follow up. This will lead the market to turn more bullish both in the short and long term.
It will be good to see the dominance breaking down the support level but until and unless it is holding the support, we cannot assure a bullish move in a shorter TF. The best thing will be to wait for the breakdown to go long with leverage. Until then hold your horses.
I hope this update was helpful.
Thank you for reading and trade safely.