USDT.D Falling Wedge timeframe 4hWait and see this pattern looks like Falling Wedge
if confirm 8% strong resistance. Remember we are in circle crysis, war, covid, inflation & recession
Usdtdominance
⚡️TETHER/DOMINANCE 1HR CHART UPDATE⚡️Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As we can see USDT DOMINANCE meltdown by 15% in the last 5 days which was great for ALT coins to grow above by good % level.
In the current scenario, USDT DOMINANCE broke above the resistance trend line of the parallel channel which may gain in % level in upcoming hours towards the upper level of 6.7%.
Re-gain from the current level will bring poor PA in altcoins.
IMO, we should avoid taking long calls at this unpredictable stage and wait for the right time to get in.
Here we need a rejection from the current price level towards the lower price level of 5.6%.
Here MACD is also about to print a bearish cross which can result in a downfall in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
⚡️BTC ANOTHER MOVE WITHIN AN HOUR⚡️BTC is trading inside a triangle pattern after a sharp meltdown of 3% in the lower time frame, let's see this time BTC moves in which direction.
Break out will lead it towards its upper price level of $24.5k and break down will result in meltdown till lower support level of $23k and below.
⚡️ETH QUICK UPDATE⚡️Hello everyone welcome you all to this exclusive ETH 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
Nothing changed for ETH Still resting near the resistance level Bulls need to break and close above this resistance level for further bullish movement.
ETH is holding green support well and we can see a sideways market for a few more candles at this level and bounce to break above this channel.
As bulls are holding above the $1500 price level until ETH is able to keep above this level, chances are to gain above towards $1950.
IMO, we should wait for weekly close and monthly close, before close we can see some shake-off at current price levels but we need a close above local green support to climb above this channel pattern.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC/USDT 4HR CHART UPDATE !!Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As expected BTC was unable to hold the $24.4k level and got rejected from the upper trend resistance and a meltdown by already 5%.
In the current scenario, BTC is moving downside towards the lower green support at the $22.6k level.
As bulls are holding long above $23k so until BTC is able to hold above this range nothing to worry about here.
IMO, we should wait for the weekly close and need a close above the $23k level.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#BTC QUICK UPDATEHello, traders welcome you all to this BTC quick chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see BTC was able to gain above and reached its crucial trend line resistance level.
Here we can witness that BTC is printing a rejection from the resistance zone, here it needs to hold this level and we need a clear break above and retest to rally towards its upper price level of $28k.
Rejection will lead BTC again to meltdown to its lower levels of $22.5k.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
USDT.DDominance Tether has reached a strong support range, although this range has widened and we can expect to reach the bottom of the range.
#TETHER/DOMINANCE 4HR CHART UPDATE !!Hello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follows and comment in the comment section if you find this analysis helpful.
As USDT DOMINANCE is trading inside the falling channel pattern on a lower trend line and crucial support zone, here it needs to break below to bring a consecutive green candle in ALT coins.
If we consider MACD is moving upwards and it’s about to print a bullish cross which is an indication for a green candle in STABLE DOMINANCE towards the upper trend resistance.
Bounce from the current level will lead dominance towards its upper trend line resistance.
Break below from current will be great for altcoins to print green candles.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#ETH/USDT 4HR CHART UPDATE !!Hello everyone welcome you all to this exclusive ETH4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As ETH is currently trading at the price level of $1700 after a sharp regain of 305 from the price level of $1360.
In the current frame, ETH got rejected from the upper trend line resistance of this channel pattern and currently trading on a green support zone.
From the current level, a bounce is likely above the upper trend line resistance to break above to rally towards its upper higher levels.
ETH needs to sustain this level to rally above the candle close below the green support zone will again lead ETH towards lower trend line support at the price level of $1500.
Let’s see how it goes in upcoming hours and whether ETH be able to break above this trend or not.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#USDT DOMINANCE: FORMING BEARISH PANNANT 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 UPDATE
USDT dominance is forming this bearish flag pattern in a 1hr timeframe.
we are expecting a good drop after the breakdown of this pennant pattern.
stay tuned
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/USDT 4HR CHART UPDATE !!Hello, traders welcome you all to this BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As BTC was able to bounce back to regain its previous position from $20.7k to $24k.
In the current scenario, BTC got rejected from its $24.4k resistance zone and currently trading at the price level of $23786.
Here a bit of more pullback is likely in upcoming hours towards the lower green support of the $22.9k level.
We can witness a quick bounce from the green support level towards the upper resistance level to break above this 5 weeks channel pattern.
A candle that closes below the lower green support zone will lead BTC again towards the lower support level of $20.9k.
Let’s see how it goes in the upcoming hours and stay tuned with us we will keep updating you.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
UP UP USDT DOMINANCEI see usdt.d going up . Market needs a break :) . that's my biggest reason.
And also we hit the bottom line of fibo and we responded appropriately to this support
USDT DOMINANCE: Will it do again?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 UPDATE
It is currently facing or retesting this lower level of this channel as resistance. if it breaks this resistance then we will bounce up to the upper resistance of this box or channel but if it is not able to break out then it will drop up to the lower support.
let's see how the 4 hours candle close.
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: A BOUNCE BACK INCOMINGHello traders, here's a quick update on USDT Dominance.
Timeframe: 4 hours.
Update: In my previous update, we discussed how the USDT.D formed a bullish falling wedge pattern but failed to break above the resistance trendline. This clearly showed a rejection and the market pumped.
Current Scenario: Right now the USDT.D is bouncing back precisely from the support level drawn in the chart. If I am not wrong then we can expect the dominance to rally further high towards the 7% resistance level.
Conclusion: I expect a correction in the market which means shorting the market is likely in favor. The USDT.D breaking down below the 5.9% support level will invalidate this chart.
I hope this update is helpful to all. Keep supporting with your likes, comments, and follow.
Thank you.
USDT DOMININCE IS AT 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.
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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 UPADTE
It is currently lying on the support if it breaks done this support then we have lower support of this channel but if it is not able to break down then it will bounce up to the upper resistance.
let's see how the 4 hours candle close.
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/USDT 1hr CHART UPDATE!!Hello everyone welcome you all to this exclusive BTC 1hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see from the above-mentioned chart that BTC recalled its previous position after a sharp bounce of 13% from the lower green support level of $21k.
In the current scenario, BTC is about to face its local resistance level of $23.8k.
MACD also printing slightly lighten green bars and it's about to print a bearish cross over.
Here we can see a short pull back to lower levels and bounce towards the price level of $25k.
Let’s see how it goes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Matic LONG on Polygon, event August 4th or 5thMatic had a low of 73 cents one night ago, to the low level of 73 cents.
It was at this time that I started researching other traders and going into their defy wallets to see what trades they made. I saw someone pick up $638,000 worth of Matic at .77 cents..
I saw another wallet where someone invested $183,000 into MATIC around .78.cents.
I never made an entry into medic and now it's up to 81 cents and I'm kicking myself.
I still think that this will go to a $1.15 or more. They're having an event on August 4th or 5th. I believe this will push the price up.
I'm chatted on the public chat on trading view and when I said things about matic and that people were getting it at around 76 cents, some people said it was a steal at that price.
So I really wish I got in and I still want to get in. I was waiting for the FED to release their basis point numbers.
It looks like we've reached the support and now we are going for resistance. In the past days I've been monitoring the volume of Matic as well as the total crypto market and the usdt dominate chart..
Usdt dominance was at such a high of 7.04% two nights ago and I saw Matic drop to 73 cents.
Lot of whales got in at 37 cents a few weeks ago and they're making big money right now.
This has potential to go up a lot more and I still will make my entry anywhere from 73 cents if it ever goes down to around 82 cents. I feel that Matic is stable and doesn't drop much when you USDT Dominants happens.
#USDT Dominance:- Do not #FOMO during #FOMCMake sure you have a plan before you press that buy or sell button during these confusing times.👀
If not, wait for the right time.
If you don't have one, wait for the right time.
The market favors the one who understands risk.
Even if we start pumping from here, wait for the daily close.
The whole market will only be bullish if BTC goes back above the recent low which is quite tough as of now.
I am not taking any sides but as you know most people are waiting to gamble on the upcoming move, avoid high leverage if you do not wanna lose your funds, and wait for the right time to enter trades.
Good if you are experienced.
This isn't any financial advice you are free to do whatever you like!
BTW, When is the right time?
AFTER THE NEWS!!
Stay tuned
#PEACE
#BTC/USDT 4HR CHART UPDATE !! Hello everyone welcome you all to this exclusive BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the above-mentioned chart that after rejection from the $24200 level till now BTC meltdown by 14%.
In the current scenario, BTC is currently trading at the price level of $21200 on a green support zone.
Here regain above is likely in upcoming hours because $21.2k is a strong support zone and it’s holding that level well.
A candle that closes below the green support zone will lead BTC again toward the lower trend line support.
As FOMC 2 DAYS meeting and FED interest rate report is to be published on (18:00 GMT) , which also somehow impacts the market.
Let’s see how it impacts the market after the report's release.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
USDT DOMININCE IS AT RESISTANCE!!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.
Update: As I mentioned in my previous USDT dominance chart that it formed a bearish flag pattern but got invalided currently it is going to touch the upper resistance of this channel.
Conclusion: With the market turning bearish, upcoming FED news, and the dominance bouncing, things look skeptical. In this present situation, it's better to stay aside and let the market comes to a conclusion. If at all you wanna trade then do some scalping cause the market is most likely to get volatile.
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 DOMINNACE: A BULLISH FALLING WEDGEHello traders, welcome to this USDT Dominance.
Timeframe: 4 hours.
Update: In my previous update, I mentioned the USDT.D entering the 5.7% support line, well, it didn't happen. Rather the dominance bounced back from 6.21% making a new support level. The chart is under a bullish falling wedge pattern and if it successfully breaks and closes above the resistance level, we may see the dominance reaching some higher levels. The only thing that could hold the dominance is the resistance trendline from where the dominance got rejected twice in the past.
Conclusion: With the market turning bearish, upcoming FED news, and the dominance bouncing, things look skeptical. In this present situation, it's better to stay aside and let the market comes to a conclusion. If at all you wanna trade then do some scalping cause the market is most likely to get volatile.
I will update more on it until then trade safely.
Support me with your likes and comments and do follow for more interesting ideas.
Bitcoin macro analysis (BTC/USD Index)Hello how are you?
On the long-term chart BTC follows a bullish channel.
It looks like he is testing the 38% Fibonacci retracement.
I placed the retracement considering the bottom of March 9, 2020 and the top of March 08, 2021.
Why did I consider these dates?
Explanation below.
BTC/USD indexed on Nasdaq
As Nasdaq is strongly correlated with BTC lately,
I analyzed in a separate chart the price of BTC indexed on the NDX.
Also on the same bull channel:
As we can see, we have the last bottom on March 9, 2020 and the last top on March 08, 2021.
Then, tracing the Fibonacci retracement by joining these dates, we saw that the price corrected until the 50% correction
Maybe test again? I don't know.
Fibonacci Channel
Reached -50% retraction.
Stochastic RSI, RSI and 100-month smoothed exponential moving average
On the monthly chart the price is in a theoretically cheap region, rarely seen.
On the RSI, the indicator broke the historic low.
And the stochastic RSI is still pointing down. When it starts to turn upwards it will be a good sign.
Another interesting sign is the 100-month regularized exponential moving average, as circled.
On-chain data
The volume of BTC on the network indicates important points.
In the yellow circles, where we had high volume on the Bitcoin network, this foreshadowed a strong swing in price, both up and down.
The percent of circulating supply that has not moved in at least 1 year
This indicator appears to be reversing downwards, which indicates that the circulating supply that has been idle for at least 1 year is starting to move.
We can see an inverse relationship as shown by the arrows.
Drawdown
In the past there was a drop of 87%, 80% and 82% approximately.
Now we're down 70%.
Have already fixed everything, or will you test that red diagonal channel, correcting 74% or more?
Stable coins dominance (dollar strength in the crypto market)
The dominance of the three main stable coins (USDT, USDC and DAI) has an inverse correlation to BTC.
When it goes up, the price of BTC goes down, and vice versa.
We have a bullish channel on the stable coin dominance chart, and when dominance reaches the top channel, it is usually a great buy signal, as shown in green circles.
Dollar dominance in the traditional market
Tested 50% Fibo retracement.
Hope this helps.
USDT DOMININCE 2 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 UPDATE
USDT DOMINANCE is forming this bearish flag pattern and symmetrical triangle pattern also. According to the pattern, we may drop up to 14% from here.
but we have to wait for a breakout or breakdown of these patterns that will conform to the next move.
Stay tuned
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
