USDT DOMINANCE: A DECISION TO MAKE.Hello traders, here's a fresh update on USDT dominance in the daily timeframe.
Recap: In my previous USDT.D update, I mentioned the bounce back from the 5.8% support level. The dominance did pull back but dropped back to the supporting trendline.
Update: Currently, in the daily timeframe, the USDT.D is under the symmetrical triangle formation. We all know that the symmetrical triangle pattern is always a decision pattern where the price either goes up or goes down depending on the condition. Therefore without complicating the chart, I would like to keep it simple for you all.
The key levels for USDT dominance:
1. 7.15% resistance level: If the USDT.D manages to break above 7.15%, things will not be good for the market.
2. 6.45% support level: If the dominance breaks down below it then the market will pump hard.
Therefore, it is important to keep your eyes wide open and trade with proper risk management.
I hope this idea is helpful for you. Thank you so much for your support.
God bless and trade safely.
Usdtdominance
USDT DOMINANCE is tranding above this support!!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
USDT DOMINANCE makes this rising wedge pattern and drops currently it is trading at the support of this horizontal support which is 6.40%.
we need a conform breakout of this support in case it bounced then we have 6.77% as resistance.
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 UPDATE! A BULLISH RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. USDT Dominance works opposite to the BTC and Alts. It means when USDT Dominance pumps, BTC, and Alts dumps, and vice versa.
Now let's get to the chart.
According to this daily time frame chart, USDT dominance breaks out from the descending triangle and currently looks like it is retesting the triangle. After this successful retest, we can expect a bounce in dominance and a dump in the crypto market.
Invalidation:- Daily candle close below the 6.30 level will invalidate this chart.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
USDT dominance continues to grow!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Two weeks ago, I already published this chart, my expectations were for the breaking of the trend line, well, as we can see, we have successfully rebounded from it, which does not affect Bitcoin in the best way.
This chart shows that most players in the market hold their assets in Usdt and are not going to buy yet, or they are just selling and looking for the best moment to buy, most say that the bottom of bitcoin has not yet been found! And what do you think?
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.