Usdtdominance
USDT DOMINANCE: WHAT IF???Hello traders, I hope you guys are doing well. Here's an update on the USDT dominance.
Timeframe: 2 days.
Update: The USDT.D is moving towards the upside and if it is good to be true then get ready for another dump in the market. There are three vital points that lean towards the bullish move in USDT.D:
1 . The USDT.D recently bounced back from its support level.
2. In 2 days TF, the dominance is above the 21 MA.
3. The RSI shows a hidden bullish divergence.
Until and unless, The USDT.D breaks down the 6% support level or we can say the supporting trendline, the market can't be positive. I am going to stick with this chart and observe it and also do some scalping in between.
What do you think about the USDT Dominance? Let me know your views and ideas in the comments.
Thank you for reading and supporting me.
Trade safely.
#USDT DOMINANCE ALERT!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#USDT DOMINANCE UPDATE
USDT DOMINANCE does not look good, DOMINANCE makes this bullish flag pattern in 4 hours time frame but it does not conform yet but in case it breakout this pattern with confirmation then it can bounce up 12%.
In case it got rejected then it can drop up to the lower level of this pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT.D - I found fractal. Bitcoin will be 14 000$
to create the idea, I used my custom finobachi, degree system and cycles. The most important thing you can see here is the fractal. It clearly shows what can happen with bitcoin with a high degree of probability and with a small degree of probability this may not happen. Accept that there will be a bull trap soon and after that we will fall heavily to $12-14000 and possibly even lower. I have identified fractal bottoms, accumulations, highs and patterns that are similar to each other. The result is the same after the transition of Ethereum to proof stakes and a strong increase in the FRS rate, we are in for the strongest collapse in the history of BTC.
For those who do not know, the rise of tether dominance means the fall of bitcoin and vice versa
BTC WILL BE PUMP 27 December (week candle)
🤖 #SENTIMENT- 30.08 🤖TLDR
In essence everything is pointing towards short term bear movement for the next 2-4 days and then potentially bull rally
USDT DOMINANCE
Hitting key resistance, overbought a bearish divergence and descending trendline. Equally a break out here would be huge but it is looking quite bearish which means money flow into BTC and Alts
ALT CAP EXCL. BTC & ETH
Playing out the last of a Head and shoulders pattern with the possible bottom in the next few days then could result in a big rally from there driving Alts up
BTC
Finishing off the last of a descending wedge over the next few days then possibel breakout on the cards
BTC DOMINANCE
We will likely see a bounce at the bottom of this channel now as a result of BTC pumping - this may leave Alts a little stagnant but they will follow.
#USDT DOMINANCE is forming this bearish rising wedge pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
If we look at the 4hour timeframe USDT DOMINANCE is making this falling wedge pattern if it breakdown this pattern with confirmation then according to the pattern it can drop up to 16%.
( About rising wedge
A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
#USDT DOMINANCE UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
As I mentioned that dominance is facing upper resistance of this rising wedge pattern but according to this flag pattern if breakout this resistance then it will pump up to 7.50%
now it breakout this resistance and currently look like it going to touch the 7.5% level as I mentioned.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
⚡️BTC DAILY UPDATE⚡️As BTC broke below the significant lower trend line support and it's forming a scary picture currently from the bulls' perspective.
Here bulls need to take charge and we need a daily close above the lower trend line resistance to grow above the price level of $25k.
If the Current candle closes below the resistance level then it can move down again towards the lower price level of $18500 which is also a support zone and it needs to hold it.
Let’s see how it goes in the upcoming hours and whether it will be able to move upside down or not.
Thank you.
USDT DOMINANCE: I AM STILL STICKING WITH THE PLAN.Hello traders, I hope your weekend is going well. Here's a quick update on USDT dominance.
Timeframe: 1 Day.
Recap: In my previous update, I mentioned the H&S pattern in USDT.D. It was going all good but the FED news happened.
Update: The USDT.D showed an 11% spike after the FED news, technically dropping the entire market. Yet, it hasn't managed to break through the resistance level of 7.15% which makes this chart still valid. Things will possibly go negative if the USDT.D breaks out and closes above the 7.15% resistance level. So, until and unless, the USDT.D stays below this level, the H&S pattern will remain valid. It may sound crazy but I am sticking with my plan.
Key level: 7.15% resistance level.
What do you think about the USDT Dominance current move?
Do let me know in the comments.
Trade safe.
#USDT DOMINANCE UPADTE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
As I mentioned USDT dominance makes this bullish flag pattern in a 1hour time frame currently facing upper resistance of this rising wedge pattern but according to this flag pattern if breakout this resistance then it will pump up to 7.50% but I case if it got rejected then it can drop up to 4.75%.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#USDT DOMININCE UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
As I mentioned USDT dominance makes this bullish flag pattern in a 1hour time frame it still trading inside this flag pattern and currently rejecting from the upper resistance as you guys see in the chart WILL USDT DOMINANCE IS GOING TO DO THIS SAME THING what do you think
USDT DOMINANCE NEEDS TO BREAKDOWN THIS LOWER SUPPORT TO INVALIDED THIS PATTERN
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT.D below resistance zone break or make?#USDT.D
USDT Dominance is below resistance zone that is the same with the middle line of descending channel.
🐻 as long as it stays below the resistance zone crypto market will rise!
🐮 break out from the resistance zone will increase USDT Dominance to the upper line of channel and we will see more crashes in the crypto market!
⚡️BTC QUICK UPDATE⚡️As we can see our last chart is moving perfectly till now, it meltdown by 2% and reverted from the mid-support level and gained above.
Here we need more green candles toward the upper trend line resistance to break above this channel pattern and enter a bullish movement in this short-term chart.
Thank you.
let's take a quick look at #usdtd #tradingviewAll right guys what we have here is very important for the market's next move, the most important point of this chart that you are looking at is the #usdt #dominance I already marked on the chart for you the possible movement of this #index, I still bleve as #usdt #dominance is broken out the trend line that we can clearly see that its happened yesterday, I can say that the best positions that we can take right now are just #short #positions on the #resistance, try to find the best coins on your #whatchlist and #point the #resistance #zone for all of them, manage your risk and stick to your strategy and pul the #short #postions trigger.
#stay #safe
USDT DOMININCE 1 HOUR UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
As I mentioned USDT dominance makes this bullish flag pattern in a 1hour time frame it still trading inside this flag pattern.
if it breakout this pattern then According to the pattern, we can expect a bounce up to 12%.
USDT DOMINANCE NEEDS TO BREAKDOWN THIS LOWER SUPPORT TO INVALIDED THIS PATTERN
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT DOMINANCE: HEAD & SHOULDER PATTERN.Hello traders, I hope you guys are doing well. Here is a quick update on USDT dominance.
Timeframe: 1 day.
Recap: In my previous video, I mentioned 7% to 7.13% as resistance levels. According to the chart, the dominance reached 6.9% and then a slight rejection.
Update: To confirm an actual drop in the USDT.D, it has to break below two important levels-
1. The 21 MA at 6.2%, and
2. 5.7% support level.
Now, if the dominance drops to 5.7%, it will be more than enough for BTC and other altcoins to gain a good rally. And if this H&S pattern is so good to be true then we will witness a good rally in the market.
Key levels: 21 MA and 5.7% support level.
I hope this update was helpful. Do like, share, and comment. I would love to know your ideas on this one.
Trade safely and thank you for your support.
⚡️BTC QUICK UPDATE⚡️As we know, nothing much has changed in the higher time frame and if we go through with the 30 min chart BTC got rejected from upper trend line resistance for one more time.
In a shorter time frame, we need here a clear break out to this parallel channel to grow above towards the upper price levels.
Currently, BTC is moving down to the mid-support level and needs to hold that level to revert back above.
Candle close below the mid support will leads BTC towards major lower trend support.
Let's see how it goes in the upcoming hours.
Thank you.