USDT DOMINANCE READY TO FALL!!!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.
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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 descending triangle and currently it got rejected from the upper resistance we expect some drop-up to the lowe support. MACD crossover is showing bearish momentum. We have to wait for a successful breakdown of descending 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
Usdtdominance
USDT DOMINANCE: DESCENDING TRIANGLE.Hello folks, here's an important update on the USDT dominance in the lower timeframe.
Timeframe: 4 hours.
Update: The USDT dominance is under a descending triangle pattern. As you all know that a descending triangle pattern is usually a bearish pattern but sometimes the trend can reverse and play in the opposite direction. Currently, the USDT.D is holding a support level of 7% and in the past, it has bounced back exactly from this support level. If at all the USDT.D bounces back then I expect it to test the 7.4% resistance level and then reject. On the other hand, rejection is possible from the current level as well. Once the USDT.D breaks down below the support level then we can get some confirmation for the bearish rally.
Key level:
7% Support
7.4% Resistance.
USDT.D LOOKS BEARISH IN LTF!!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 descending triangle and currently it going to test the upper resistance which is also a previous higher high point. MACD crossover is showing bearish momentum. We have to wait for a successful breakdown of descending 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
Bitcoin (BTC) - July 10Hello?
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-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
Primary Support: Around 21475.02
2nd Support: 13137.51-15916.68
The key is whether it can be supported at 21475.62 or higher and enter the bottom of the Bollinger Band (60).
It's an important period of volatility around next week.
(1D Chart)
It is necessary to check if there is any movement deviating from section 18719.11-22487.41.
If it rises above 21475.02-22487.41 and is supported, it is expected to shift to an upward trend from a short-term and medium-term perspective.
However, careful trading is required as resistance is expected near the upward trend line.
The next period of volatility is around July 13.
As with the previous trend, careful trading is required because it may not break through the MS-Signal index upward and lead to a large drop.
In order for the MS-Signal index to shift to an upward trend, it must rise above 22487.41, shake it up and down, and rise.
However, since it will be supported around 21475.02, it is expected that there will be little room for the rise.
I think we need to walk sideways for about two more months to get the momentum around 21475.02.
It is expected to continue the upward trend from a mid- to long-term perspective only when it rises above 29812.52.
Therefore, below 29812.52, we have to proceed with the transaction from a short-term perspective.
However, rather than receiving profits in cash, it is better to increase the number of holdings.
---------------------------------------------------------------------------------------------
** All indicators are retrograde indicators.
So, it's important to know that the indicators move along with the price and volume of the transaction.
However, for convenience, I'm talking upside down for interpretation of the indicators.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.)
** Support or resistance is the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee gains or losses in the investment.
(Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.)
---------------------------------
USDC DOMINANCE: WILL BREAK DOWN SOON!!!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 descending triangle and currently holding above it's horizontal support, which is also a previous higher high point. MACD crossover is showing bearish momentum. We have to wait for a successful breakdown of descending 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
Bitcoin (BTC) - July 9Hello?
Nice to meet you, traders.
Follow us and you'll always get new information quickly.
Please click "Like".
Have a great day today.
-------------------------------------
(BTCUSDTPERP 1D Chart)
Since the Stochastic RSI index has entered the overbuying section, you should check the position when it falls in the overbuying section.
If supported and raised at 21481.1-22471.5, it is expected to lead to further gains.
However, it is necessary to check if there are any deviations within the box section drawn on the chart.
The next volatility period is around July 16.
The vicinity of 21481.1 is the midpoint of the transverse section (15908.2-21481.1).
So, in order to continue the upward trend around 21481.1, you need a long horizontal swing up and down.
Therefore, there is a high possibility of psychological distress if the price rises without any countermeasures.
Therefore, it is recommended to make a transaction to increase profits or holdings by checking the supported sections when prices fall and then buying them and selling them when prices rise.
The current position is advantageous to buy from a mid- to long-term perspective.
This is because the position corresponds to the previous high point.
Therefore, it is better to leave revenue as a holding quantity than to proceed with short-term transactions and earn cash.
In order to start a full-fledged upward trend, it must rise above 29840.6.
1. Rising BTC prices, rising BTC.D, falling USD.D
- This is what happens when the BTC starts to take the lead in rising.
- So, most of the altcoins are either sideways or downward because the money is concentrated in the BTC.
- At this point, if the BTC price shows a slight swing in a section, the Altcoin is on the rise.
- In order for Altcoin to start rising, BTC price trends, BTC.D declines, and USDT.D declines must be indicated.
Section 12212.6-12932.3 on the US 100 CFD (Nasdaq) Futures Chart is an important support and resistance interval.
Therefore, it is important whether it can be raised by breaking the 12212.6-12932.3 section upward.
If it falls below 11371.9, it is expected to fall below 10472.7.
Institutional investors in the stock market are showing signs of being affected by the stock market as they enter the coin market.
However, when the coin market rises, it is expected to be decoupled with the stock market.
(1h chart)
** A short-term response is recommended, as sharp movements are likely to occur in the 1h chart.
an important point
- 22471.5
- 21481.1
- 20109.9-20564.2
- 18741.7
It is expected to indicate movement depending on whether it is supported or resisted at the critical points above.
However, the key is whether it can rise along the short-term upward trend line.
---------------------------------------------------------------------------------------------
** All indicators are retrograde indicators.
So, it's important to know that the indicators move along with the price and volume of the transaction.
However, for convenience, I'm talking upside down for interpretation of the indicators.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.)
** Support or resistance is the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee gains or losses in the investment.
(Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.)
---------------------------------
USDT Dominance double bottom? I'm looking at 8h timeframe. There is potential double bottom formation which will be completed if USDT bounces from the current support level and breaks 8% neckline. W pattern target is mentioned on the chart. This is a scenario 1/ orange color/ with 25 % probability and at the same time if can lose the current support level and breaks down to the next support level at 6% and after a small bounce drops to 5.5%. This is a scenario 2/pink color/ with 75% probability. This will be bullish for BTC.
Combining USDT with SPX and BTC, I gave 75% probability to the 2d scenario because of BTC bullish case scenario I published on my previous analysis.
#TETHER/DOMINANCE 3HR CHART UPDATE !!Hello, traders welcome you all to another USDT DOMINANCE update,
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.
in this chart, it’s evident that USDT DOMINANCE broke below the triangle pattern and meltdown by 6.72% to the support zone.
In the current scenario, USDT DOMINANCE bounced from the support Zone and moved upside.
A short-term bounce is likely in the upcoming hours to retest the bottom of this triangle pattern to melt down towards 6.12% which will bring consecutive green candles in USDT pair ALT coins.
MACD also prints a bullish cross which comes out as bearish mode in ALT coins.
Break above the triangle or candle close above the lower trend line resistance will be the invalidation point for this chart analysis.
Let’s see how it prints the upcoming candles.
NOTE: 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 2HR CHART UPDATE !!Hello, traders welcome you all to another BTC update,
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.
According to my previous chart, BTC moved extremely well.
In the current scenario, BTC broke the resistance zone and closed above but was unable to sustain that level and got rejected.
After recording a 3weeks high BTC again meltdown by 5%.
Currently, BTC moving down towards the support range of $20.1k.
BTC needs to recover upside soon otherwise it can again drop to its lower levels.
NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
#ETH/USDT 4HR CHART UPDATE !!Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
Hello, traders according to my previous chart ETH performed well and moved upside by 20%.
In the current scenario, ETH broke above the falling expanding channel.
Here ETH is retesting the upper trend line support and a bounce above is likely in the upcoming hours.
Red MA is also reacting as a strong resistance which ETH needs to break and retest for upcoming price build-up.
If ETH moves back inside the channel then this char will be invalidated.
NOTE: 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 OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Bitcoin (BTC) - July 8Hello?
Nice to meet you, traders.
Follow us and you'll always get new information quickly.
Please click "Like".
Have a great day today.
-------------------------------------
(BTCUSDT 1W Chart)
Resistance: 27033.35-29812.52
Primary Support: Around 21475.02
2nd Support: 13137.51-15916.68
The key is whether it can be supported and raised near 21475.52.
The key is whether it can break the upward trend line if it rises above 21475.52.
In particular, RSI indicators and Stochastic RSI indicators should be checked for deviations from the over-sold section.
(1D Chart)
It is necessary to check if there is any movement deviating from section 18719.11-22487.41.
We need to check if we can get support from 21475 or higher.
If it rises above 21475.02-22487.41 and is supported, it is expected to shift to an upward trend from a short-term and medium-term perspective.
However, careful trading is required as resistance is expected near the upward trend line.
The next period of volatility is around July 13.
As with the previous trend, careful trading is required because it may not break through the MS-Signal index upward and lead to a large drop.
In order for the MS-Signal index to shift to an upward trend, it must rise above 22487.41, shake it up and down, and rise.
This will enable MS-Signal indicators to be supported and raised as they shift to an upward trend.
However, since it will be supported around 21475.02, it is expected that there will be little room for the rise.
I think we need to walk sideways for about two more months to get the momentum around 21475.02.
It is expected to continue the upward trend from a mid- to long-term perspective only when it rises above 29812.52.
So, you have to trade with the idea that you're rebounding from the current downward trend.
Therefore, below 29812.52, we have to proceed with the transaction from a short-term perspective.
However, rather than receiving profits in cash, it is better to increase the number of holdings.
You can earn a lot of profits even if you check whether it is supported by a rise of 29812.52 or more and proceed with a full-fledged purchase.
Until then, you should be careful because waiting under psychological pressure by using a large amount of investment to buy can be exhausting in investing for a long time.
To survive in the investment market for a long time depends on how stable your psychological state is.
---------------------------------------------------------------------------------------------
** All indicators are retrograde indicators.
So, it's important to know that the indicators move along with the price and volume of the transaction.
However, for convenience, I'm talking upside down for interpretation of the indicators.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.)
** Support or resistance is the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee gains or losses in the investment.
(Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.)
---------------------------------
USDT DOMINANCE BREAK DOWN THIS SYMMETRICAL TRIANGLE!!!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
USDT DOMINANCE break down this symmetrical triangle pattern and currently we need a conform retest then we can expect up to a 40% drop from here.
I hope it will not make a fack out
As you know USDT Dominance is inversely proportional to the BTC , so we might see a good rally in BTC and Alts in the month of July.
Let's see how the market will react in few hours.
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: FORMATION OF BEARISH DIVERGENCE Hello traders, here's an update on USDT Dominance.
Time frame: 3 days.
Update: The USDT Dominance is at the support level of 7.2% and above the 21 MA which could be a difficult level to break down. But on the positive side, we have a bearish divergence in the RSI. The USDT.D made a new ATH but the RSI level is lower than the previous one. Even if we see a bounce back from the current level, I don't expect a long rally in the USDT.D. Soon it is going down as per the current market scenario.
Conclusion: Comparing the USDT.D with BTC and other altcoins, there is a possibility that we will see a drop in USDT.D and a rally in BTC and other altcoins.
Still, let us be careful enough with the market. Anything can happen.
What do you think about the USDT.D? Let me know in the comments.
Like and follow for more.
Thank you.
Bitcoin (BTC) - July 7Hello?
Nice to meet you, traders.
Follow us and you'll always get new information quickly.
Please click "Like".
Have a great day today.
-------------------------------------
(BTCUSDTPERP 1D Chart)
It is necessary to check if there are any deviations within the box section drawn on the chart.
Stochastic RSI indicators have entered the overbuying section.
Therefore, there is a possibility of resistance in section 20564.2-21481.1.
At this time, it is necessary to check if it can be supported at 19930.6 points.
If it is supported by more than 20564.2-21481.1 sections, it is expected to shift to an upward trend from a short-term and medium-term perspective.
Otherwise, careful trading is required as it is likely to touch MS-Signal indicators and lead to further declines.
At this point, it is important to ensure that support is available near 18741.7.
The next volatility period is around July 16.
The key is whether the USDT.D chart can fall below the upward trend line.
On the IXIC (Nasdaq) chart, the 11490.19 point is the boundary between rising and falling in the long run.
Therefore, it is important whether it can be supported by a rise of more than 11490.
In addition, if it falls below 11167.51, and is resisted, it is likely to fall to around 9576.59.
If you go up along the upward trend line on the BTC.D chart, you're going to end up falling below the current price range.
I think the point where the word "rising" begins in earnest in the coin market is when it rises more than 29K.
Therefore, until then, I think it is better to proceed with a transaction method that increases the number of holdings while recovering the investment as much as possible.
The transaction should be conservative on the premise that it will fall to section 13121.7-15908.2.
So, you have to have cash to take advantage of the opportunity when prices plunge.
(1h chart)
** A short-term response is recommended, as sharp movements are likely to occur in the 1h chart.
19930.6 Point is the HA-Low indicator point in the 1D chart.
Therefore, if it is supported near 19930.6, it is expected to lead to further increases.
Primary resistance : around 20564.2
Secondary resistance : around 21481.1
The two box sections are likely to traverse, support and resistance sections.
---------------------------------------------------------------------------------------------
** All indicators are retrograde indicators.
So, it's important to know that the indicators move along with the price and volume of the transaction.
However, for convenience, I'm talking upside down for interpretation of the indicators.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying the formula to the Depth House Trading index released by Oh92. (Thank you.)
** Support or resistance is the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee gains or losses in the investment.
(Short-term Stop Loss is a point where profit or loss can be preserved or additionally entered as a split transaction. It's a short-term investment perspective.)
---------------------------------
#BTC/USDT 2HR CHART UPDATE !!Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see from the chart mentioned above that BTC is still trading inside a price range-bound.
BTC was unable to break above the $20k resistance level and was trying hard to break above.
BTC broke above the resistance level.
In the current scenario, BTC broke above the triangle pattern and currently retesting the upper trend line.
Here BTC will rally towards the upper resistance level at the price level of $21.7k
Let’s see how BTC performs in the upcoming hours and will BTC is able to break the upcoming resistance level !!
NOTE: 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.