#ETH/USDT 2HR CHART UPDATE !!Hello, traders welcome you all to another chart update on ETH/USDT.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see in the above-mentioned chart that ETH was unable to break above again at the price level of $1270 and meltdown by 7l5% already.
Bounce from the mid-green support zone is likely in the upcoming hours.
Candles close below the green support will lead ETH towards lower price levels.
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.
Usdtdominance
USDT DOMINANCE BREAKOUT: Will it do another fakeout?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 ANALYSIS
USDT DOMINANCE breakout this symmetrical triangle pattern and currently retesting.
According to the pattern we can expect a drop from here.
Let’s see if it will reject or it will do another fakeout.
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 BOUNCING FROM SUPPORT! BEARISH FOR CRYPTO MARKET!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. As I told you in my previous USDT Dominance update that we have a very strong support at 7.0-7.2 level and it is exactly bouncing from this level.
USDT Dominance is already breaks out from the symmetrical triangle and this move to the downside is just a retest. After this successful retest we can expect a good bounce in USDT Dominance which is very bad for BTC and Alts.
For a bullish scenario it has to breaks below the triangle. Any 4hr candle close below 7.0 level will start a bullish rally in BTC and Alts. So keep a close eye on this and take trade accordingly.
What do you think about this?
Do you think it will continue bouncing from here or do you think that it will break below the support this time and we see a bullish rally in the market?
Share your views in the comment section.
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#BTC AT LOCAL SUPPORT!!Hello, community members welcome to another BTC/USDT chart update.
As we can see in the above-mentioned chart that after a sharp pump of 12% BTC got rejected from the price level of $21700 resistance level.
In the current scenario BTC holding the red MA support well and needs to sustain this level to regain above.
Bounce from the current level will lead towards the upper resistance level at the price level of $21.7k.
Rejection will lead BTC again towards its lower price levels.
Let’s see how it perfumes 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.
USDT Dominance correction then bullish continuesHello my friends, This is an update of previous analysis (blow link). Consider USDT market cap to help identify market movement, Everything is marked on the chart. Monitor the price in the circles.
Good Luck.
If its useful please like it as a support and follow me for next analysis :)
USDT DOMINANCE WILL BE ABLE TO BREAK 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 ANALYSIS
It is moving in a symmetrical triangle pattern and currently, trying to break the lower support. MACD crossover is showing bearish momentum. We have to wait for a successful breakdown of the symmetrical triangle which will confirm a downward move in it and that would be a bullish sign for the market as USDT dominance works opposite to the crypto market.
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 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
As we can see BTC broke below the lower trend line support and dropped down to the lower support zone.
Currently, BTC bounces and printed consecutive green candles, here bulls need to take charge to gain above to get back inside the channel pattern.
In the current scenario, BTC is trading in the support zone where it also getting a fib level of 0.618 which is the confirmation of strong support also.
Here MACD bands are also on the way for a bullish crossover with a slightly green bar.
Here BTC needs to get back inside the channel and re-gain % towards the price level of $20k.
If BTC is able to do so then it’s highly likely that we can see BTC again to its $22k price level.
Candle close below the lower green support zone will lead BTC towards its lower price levels.
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 relating to 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, community members welcome to another BTC/USDT chart update.
Till now BTC has performed exceptionally well, bouncing from the green support zone and able to regain 10% till now.
In the current scenario, BTC is facing a local resistance and needs to close above to carry on its further rally towards the price level of $22.8k which is the main resistance level for now which BTC cannot break above in the last 6 weeks.
Here BTC also getting support from RED ma.
The rejection or close below this MA support can again lead BTC towards the lower support levels.
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.
Currently, the coin market is experiencing liquidity problems.hello?
Welcome, traders.
By "following", you can always get new information quickly.
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Have a good day.
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(UTC)
When the BTC price is leading the uptrend, the coin market is likely to turn to an uptrend.
I don't think it's taking the lead in the current BTC movement.
for that reason
- BTC Dominance Decline
- Rising USDT Dominance
Because it shows the flow of
The decline in BTC dominance should be seen as expressing the ups and downs of altcoins rather than the ups and downs of BTC prices.
Therefore, it should be seen that the current distribution of funds in the coin market is heading towards altcoins.
A rise in USDT dominance means that you are increasing your cash holdings rather than trading in the coin market.
Therefore, it should be seen that transaction liquidity is decreasing.
However, since USDT and USDC are showing an overall upward trend, USDT Dominance and USDC Dominance have no choice but to show an upward trend.
It is judged that the upward trend is continuing as it is flowing funds into the coin market through USDT and USDC.
The USDT chart has been trending downwards lately.
It fell below 68.468B, further exacerbating the downtrend.
This downtrend means that funds are flowing out of the coin market.
However, it can be seen that some funds are flowing into the coin market due to the slight increase in USDC.
In order for the coin market to turn upside down again, I believe that the funds outflow from the coin market must first flow in.
As such, I believe USDT should rise above 68.468B and continue to see an influx of funds along the uptrend line.
We believe that it is unlikely that the coin market will turn to an uptrend without an inflow of funds first.
The coin market is now associated with other investment markets.
Therefore, they are directly or indirectly affected.
However, it should not be judged that it is entirely influenced by the indices of external investment markets.
Currently, the coin market is experiencing a lack of liquidity.
I think this is a phenomenon that occurs as the coin market is on a downtrend, but I don't think that's all.
The coin market is slowly trying to connect with the real economy.
As such, themes such as DeFi, NFT, and P2E are being formed.
These themes will lead to attribution of funds.
In other words, the number of systems that can receive interest by holding coins (tokens) of these themes is increasing.
More of these themes will be formed in the future.
As with many themes that are taking shape in the current stock market...
We will solve the severe liquidity problem caused by stagnant funds in this down market, and until it is resolved, you must establish your own trading standards to survive in the market.
It is judged that the possibility that the coin market will be attributed to the existing stock market is accelerating.
Many institutional investors are launching new investment products, and these investment products will serve as a bridge between the coin market and the stock market.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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USDT DOMINANCE IS AT SUPPORT! WHAT TO DO HERE? LONG OR SHORT?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 is trading inside a symmetrical triangle and currently near the lower trendline. USDT Dominance needs to break the green support zone for further bullish rally on the market. If it again bounce from here then we see a dump in the market again.
So it's better to wait for a close below the support level before taking any long positions here.
It's a bit risky to open a long position here. IMO wait for the daily close is much better here. If you already have some long position then try to book some profits is a good idea here.
What do you think about this?
Do you think that it again bounced from here or it will break the support this time and we see a bullish rally in the market?
Share your views in the comment section.
If you like tis idea then do support it with like and follow.
Thank You!
#TETHER/DOMINANCE AT LOCAL RESISTANCE!!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 comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned chart USDT DOMINANCE currently facing the resistance of red MA after a short bounce from the green support zone and it needs to reject from this level to meltdown towards the lower levels which will bring consecutive green candles in altcoins.
Break above will again turn altcoins into the red.
MACD also prints slightly light colors bar and about print a bullish crossover.
So, for now, be cautious with your long trades and keep your so tight.
Let’s see how it moves 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 relating to 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: 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.
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 BULLISH Flag formation in 12hr timeframe, currently on support so keep an eye on it.
So far, So Good but In the Worst Case, If the Flag is Breakout, Expect Bullish Wave towards the 10.50%
BULLS NEED TO PULL BACK DOMINANCE BELOW THE UPPER 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
Bitcoin (BTC) - July 14Hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
1st support: around 21475.02
Second support: 13137.51-15916.68
The key is to get support above 21475.62 and get inside the lower end of the Bollinger Bands (60).
The Stochastic RSI has been rising over the past two weeks.
As such, the key is whether we can enter the overbought zone in a few weeks.
If it enters the overbought zone, it is highly likely that the RSI indicator will break out of the overbought zone soon.
To support this move, the CCI line should show an uptrend.
(Currently, the CCI-C indicator has its set value changed to observe the mid- to long-term flow.)
(1D chart)
It is necessary to check whether there is a movement out of the section 18719.11-22487.41.
The next volatility period is around July 18th.
However, if the price is maintained above the uptrend line passing the 19695.87 point around July 18th, there is a possibility that the price will rise from the volatility period around July 24th.
At this time, the rising section is expected to be 23K-25K.
To predict the flow of investment markets, we want a lot of information.
You will see all kinds of articles and various broadcasts that satisfy this.
However, these articles or broadcasts cannot provide the necessary information for trading.
This is because prices usually move first.
Therefore, first of all, the ability to interpret the flow of the chart is required.
If you fail to interpret the flow of the chart, there is a possibility that you will trade in the opposite direction of the market flow because of the price moved ahead of time.
In an investment market where there are charts showing the movement of prices, it is important to check the movement of the chart in advance.
When checking the movement of the chart, you should look at the 1M > 1W > 1D chart in the following order.
Otherwise, if you only look at hourly or minute charts and trade, you may miss the big flow.
Depending on your investment style, even traders who mainly trade short-term or same-day trading should check the movement of the 1D chart.
It is not recommended to read the news first before looking at the charts, as various articles or broadcasts that are published in the media are likely to give subjective judgment on the transaction you are going to proceed with.
Economic indicators announced by investment experts, investment companies, fund managers, critics (broadcasters), etc. are published for their own benefit.
The advantage should not be forgotten.
When trading in the coin market or stock market, if one's subjective thoughts begin to intervene, and if the judging criteria continue to change due to price volatility, the trade is likely to fail.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
#BNB/USDT 2HR CHART UPDATE !!Hello, traders welcome you all to another chart update on BNB/USDT.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see from the above-mentioned chart that BNB/USDT moved downside by 6% from the $231 price level.
In the current scenario BNB currently trading on a support zone at the price level of $222 and is holding a green support zone well after a sharp wick off of 5%, the longer it holds this level the higher chances to regain above.
MACD also printed a bullish cross-over with slightly light red bars, which is the indication of a trend reversal from bear to bullish mode.
Candle close above the $230 price level will trigger bullish mode towards the price level of $245.
Candle close below the current support zone will lead ETH towards its lower price levels.
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 relating to 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.