USDT Dominance just failed and doing BTC a huge favor!On this chart we see a major development on the USDT Dominance (USDT.D). It formed its first ever Death Cross on the 5D time-frame, with the MA200 (orange trend-line) turning into Resistance since the start of February.
That has never happened in its history and as you can see, when USDT.D declines, Bitcoin (black trend-line) rallies, which has been doing so aggressively since early October 2023.
This is a sign that the current rally on BTCUSD might be far from over and if anything can even be much more aggressively than we initially thought.
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👇 👇 👇 👇 👇 👇
Usdtdominance
#USDT.DOMINANCE 1DAY UPDATE !!USDT DOMINANCE ANALYSIS
USDT.D is forming a rising wedge pattern, nearing the support trendline. MACD crossover suggests a potential bearish turn.
A sustained wedge breakdown confirms a bearish trend; a bounce suggests consolidation within the pattern. USDTD typically moves inversely to the crypto market.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
Support zone : 64K-65233.64Hello traders!
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(USDT chart)
(USDC chart)
It appears that a particularly large amount of funds are flowing into USDC.
If the gap increase between USDT and USDC continues, the coin market is expected to continue its upward trend.
(BTC.D 1M chart)
The key is whether BTC dominance can meet resistance and decline in the 55.01-62.47 range.
A rise in BTC dominance means that funds are being concentrated towards BTC.
Therefore, if BTC dominance continues to rise, altcoins are more likely to show a weak upward trend or even decline.
(USDT.D 1M chart)
If BTC dominance falls below the 55.01-62.47 range and USDT dominance remains below 4.97 or shows a downward trend, I think there is a high possibility that the coin market will see a major uptrend.
If USDT dominance rises above 4.97 and remains, the coin market is expected to experience a significant decline.
It appears that the coin market is showing a fairly good flow of funds.
However, although there appears to be a possibility of a decline in the short term, it is expected that the upward trend is likely to remain.
If this fund flow is maintained, the coin market is expected to maintain an upward trend until 2025.
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(BTCUSDT chart)
(1M charts)
The key is whether support can be achieved above the upper point of the box of the HA-High indicator.
In other words, the key is whether support can be received around 64K.
(1W chart)
The HA-High indicator on the 1W chart was formed at 65233.64.
Therefore, the key is whether it can be supported and rise around 65233.64.
Accordingly, it is time to buy when support is confirmed around 64K-65233.64.
The volatility period on the 1W chart is before and after including April 29th to before and after including July 29th.
If the price holds above the important upward channel during this period, we expect it to rise to around 1.618 (88913.24).
Therefore, the 59K (56K-61K) section is an important section.
If it falls in this section,
1st: 53256.64
2nd: 42K-47K
You need to check if you receive support near the 1st and 2nd levels above.
The 42K-43K section is an important volume profile section, so if it shows support in this section, it is time to buy.
We are now entering a period of volatility on the 1W chart.
Therefore, we need to check the support zone and create a trading strategy accordingly.
(1D chart)
A period of volatility begins on the 1D chart.
Accordingly, the key is whether it can receive support and rise around 64K-65233.64.
If not, you should check for support in the 59K (56K-61K) range.
If it falls below 56K, you should check whether it is supported in the first and second sections marked on the chart.
To continue the upward trend, it must rise above 70231.38.
Therefore, you need to think about ways to realize profits by responding conservatively and earning profits or increasing the number of coins corresponding to profits.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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USDT.DGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Stablecoin Dominance Tipping PointI see two possible scenarios playing out:
The Bullish Scenario
The dominance goes lower and respects the current downtrend. This could either bounce off roughly 6% (this area has seen some interesting patterns in the chart) or just continue collapsing down. This would be bullish depending on if we don't have much trouble clearing the 5.8-6% range.
The Bearish Scenario
We break the current downtrend by going up to 7.5% or above in the next 2-3 weeks, at which point I think that worst case we would test somewhere around 8.15%. This would be short to slightly medium-term bearish at the worst in my opinion.
I lean towards the bull case simply because markets are usually boring or choppy the month or so after the Bitcoin halving event; things usually ramp up after. We've dumped over 20% in BTC and altcoins got flushed aggressively while not establishing lower local lows at the same time as BTC did recently.
Despite being bullish, it's definitely at a tipping point where if it goes up by a bit more then it's a cause for concern. This is a good chart to watch closely for the next 1-3 weeks as evidence of more incoming corrections for a few more weeks or as evidence of the bullish trend resuming.
Where is the end point of Bitcoin's bullish trend?In my opinion, today seems to be Bitcoin's last bullish day.
Likely, tonight or tomorrow, we might witness a small FOMO wave leading to the range of $73,000 to $74,000 ( Area $3.80~$3.75 USDT.D)
I suggest you read the previous 3 analyzes.
I would be happy if you share your opinion with me.
Give me energy by liking and following me.
USD Dominance analysis. Good for BTC Trade.Hello everyone, i want share my idea about USDT Dominance.
I will use that analysis for BTC Swing Trade.
USDT Dominance tested weekly resistance where it got rejection 3 times, price fell to 4.60 LVL where was buyers but if we look price action sellers take control and correction of bitcoin has end. bitcoin tested 60000-59000 support zone where it got pretty good reaction from buyers.
If we look total crypto market chart we will see, buyers take control and the price action came back to uptrend, in my opinion BTC correction done, now its time for new high but what will be next stop who knows.
At USDT dominance i am pretty bearish, uptrend price action losing momentum. my 3 scene of price action will show am right or not>
TIP! After i start analysis at USDT Dominance my BTC Trades win rate has raised, price action is not absolutely same of BTC but when here we have huge moves, most comes to BTC, when i want to open trade at BTC first i am looking total crypto market cap and USDT Dominance.
Always make your own research!!!
#USDT Important update , Must Read!🚨 Key Alert for #USDT 📈 : Keep this chart in your sights!
A sustained break above this crucial level could signal extended bearish trends in the market.
Expect red in the coming weeks, perhaps even months if this happens.
Regardless of the current altcoin trends you're observing, the data on this chart could significantly alter almost any bullish interpretation you encounter.
It's crucial to remain vigilant and always seek confirmation before executing any trades.
While my previous charts suggest a potential for further upward movement, the extended timeframe for this development is leading me to reconsider—perhaps a correction is looming.
However, a false breakout followed by a breakdown is all people are wishing for a green market!
I know I've been posting this USDT chart more often so you understand the significance of this chart. I hope you appreciate that with a simple like!
Please Do your own research (DYOR); this is not financial advice.
Stay tuned for more updates!
#Crypto #Bitcoin
Stay safe
#PEACE
#USDT Tether Update and Altcoins!#USDtether Considering this scenario plays out, you'll see green across the market, especially Altcoins!
I am working on a list of Altcoins you must consider adding to your portfolio with charts and deep fundamental analysis.
Previously the Alts like CREO ML ORAI AITECH did 5x to even 40x!
If you want me to make it public, like this post and retweet.
200 likes, and I'll consider posting the private list of gems!
#Crypto #Bitcoin #USDT
USDT.DOMINANCE CHART UPDATE BY CRYPTOSANDERS !!Hello, welcome to this usdt.dominance update by CRYPTO SANDERS.
Analysis of #USDT Dominance:
USDT.D has experienced a decrease subsequent to the breakdown of the ascending triangle pattern. The Ichimoku cloud suggests a prevailing bearish trend. Presently, it faces resistance at the Moving Average (MA) 200.
A potential scenario could involve rejection from this juncture, while a clear breakout above the MA 200 would indicate the onset of bullish momentum. It's crucial to acknowledge that USDT.D typically exhibits an inverse correlation with the broader cryptocurrency market.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#US DOLLAR ANALYSIS BY CRYPTOSANDERS !!
US Dollar Weekly Update.
The US dollar has experienced a surge after breaking out of the symmetrical triangle pattern. Presently, it has surpassed the Ichimoku cloud and is facing horizontal resistance. The Relative Strength Index (RSI) suggests an overbought condition.
A potential rejection appears likely, whereas a significant breach of the horizontal resistance would validate bullish momentum. It's important to consider its typical inverse correlation with the cryptocurrency market.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my profit and losses. So, do your research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
#USDTD 's bounce?#tether dominance chart is now on the ichimoku cloud support. Breaking this support will move #usdt dom. to lower orange box (Retest zone).This move will be good for #bitcoin #eth #sol #bnb #doge and all #altcoins .
If #usdtdom bounces here and continues rally, #btc and all #altcoins will suffer. Not financial advice.
USDT DOMINANCE UPDATE (1D)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
Note that the time frame is daily and time consuming.
It has reached a support and reacted.
It is expected to move up to the supply range and then drop again to the low demand.
It is expected that the high liquidity pools will be swept first and then the low liquidity pools. We have shown liquidity pools on the chart in $$$.
(Weekly expected flow) Volatility period: Around April 22Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
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It appears that the fund flow in the coin market is maintaining an upward trend.
However, BTC dominance and USDT dominance are showing an increase.
The key question is whether BTC dominance can be resisted and decline in the 55.01-62.47 range and whether USDT dominance can be maintained below 4.95 or maintain a downward trend.
If that happens, the coin market is expected to see a major uptrend.
A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH).
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(BTCUSDT 1M chart)
If it closes near the second section, it appears that a new HA-High indicator will be created.
If that happens, the key is whether there will be support near the newly created HA-High indicator.
(1W chart)
This drop shows that a new HA-High indicator is about to be created.
Accordingly, if a new HA-High indicator is created, the key is whether it can be supported and rise around it.
59053.55, the 64K point is the box-top point of the HA-High indicator on the 1M chart.
Therefore, if possible, it is important to be able to support and rise around 59053.55-64K.
If this is not the case and it falls below 56K, the selling force is expected to intensify.
I think the reason the current fluctuation range is greater than the section your finger is pointing at is because it is located in the section where the new high (ATH) was updated.
Therefore, if these sideways continue, it will eventually touch an important upward channel.
At this time, it seems likely that this year's trend will be determined by whether or not it can rise along an important upward channel.
Therefore, the movement starting from the week of April 29th through the week of July 29th is expected to be very significant.
In terms of the overall flow, the 42K-43K section is an important section.
However, if it falls below 53256.64, there is a high possibility that it will turn into a downward trend, so you need to think about a response plan.
(1D chart)
The key is whether it can receive support above the newly formed downward trend line and above 64K and rise above 70231.38.
However, if it falls along the newly created downward trend line, a new HA-Low indicator is expected to be created in the near future.
If a new HA-Low indicator is created, an important factor is whether it receives support around it.
The time to buy is when the BW indicator levels out and then rises, and when the StochRSI indicator rises from the oversold range and forms StochRSI > StochRSI EMA.
thus,
1. When the BW indicator is level and moves sideways,
2. When the StochRSI indicator rises from the oversold range and shows StochRSI > StochRSI EMA,
Buying when only one of the conditions 1 and 2 above are satisfied is an aggressive purchase and requires a quick response, so caution is required when trading.
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(BTCUSDT.P 1D chart)
I think it showed more fluctuations than the movement on the BTCUSDT chart.
As such, it is believed that the current market leadership is achieved through futures trading.
Therefore, you need a trading strategy to maintain the number of coins (tokens) you own.
Since the rebound is more than 8%, it is likely that forced liquidation will occur in both directions, so it is considered an awkward position to start trading.
Therefore, as mentioned earlier on the BTCUSDT 1D chart, I think it is necessary to check the movement of the BW indicator and StochRSI indicator and the movement at the support and resistance points drawn on the chart.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55
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When Will "Real" Bullish Run Is Starting?This parameters basically shows you the cash money investors holding in their pockets right now.
Currently, Total Blockchain market has 2.28 Trillions of dollars inside.
USDT and USDC are most commonly used stable coins if we don't include FUSD which is not going to be mentioned in this section.
Let's assume that all Bitcoin investors and traders holding their dollars and whatever currency they're using in stable coins.
According to this hypothesis, all USDT Dominance level (approximately) currently is; %4.81
Also approximately all USDC Dominance Level currently is; %1.45
When you check the major addresses on chain data that holding bitcoin right now, you'll notice that their breakeven levels is coming closer. So it's basically means that they are buying more and more whenever the price goes lower. Especially, Coinbase whales and major addresses helped us to recover on Bitcoin after the last crash. Historically, it's a good idea to follow this guys before invest. They are the ones who simply runs the market.
Let's go back to the chart and examine the Red Key Levels on the chart.
First Key Level that broke below through %8 gave us a minor bullish run. Not all coins that you trade all day maybe but Bitcoin consumed most of the money that comes with the benefits of ETF's. It will happen again, Bitcoin will dominate the entire market ones more. Bitcoin mostly will rise all alone and the other altcoins (especially top 100) will watch from behind. It's simply because of ETF's. EMA 100 is about the broke (Daily) while I'm writing this which is an important indicator that I'm using in parameters like this.
All short term price action basics and indicators simply telling me that Bitcoin may see another drop for a week or more but it won't matter if you can resist against it. Just hold on for a couple of more days and wait.
Hong Kong and London are about to start an ETF' run (London is a little bit different but doesn't matter).
Halving is about to come within a few hours which is the most bullish thing this market will ever see in its entire life.
When the Red Key Level is broken (Let's say closing a week below %3.74) you will see Bitcoin in a level which you probably never expected. I expect Bitcoin to reach at least 200.000 $ until this real bullish run ends. When the 3.74 broke, Bitcoin will rise but ALTs may not due to ETF's and Bitcoin Dominance. If you are a trader, just focus on the chart, if you are an investor read below carefully.
Basically, it doesn't matter if the price goes low or lower anymore. When you see the price is dropping, DO NOT be the ones who scare and run away. They are the ones we need to keep this market alive. Do not be market's liquidity, be the one who consumes it.
If you see the price low, you BUY.
If you see the price is going lower, you BUY AGAIN, and again, and again, and again.
This is where the real bullish run begins.
Good Luck to us all.
USDT.D% Can Go Up by Falling Wedge Pattern✈️💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status.
📚What is Market Cap USDT Dominance% (USDT.D%)❗️❓
🔸Market Cap USDT Dominance% (USDT.D%) shows what percentage of the money is on USDT. There are 2 causes of the increase of USDT dominance.
🔸The first is that investors put cash on the market from the outside, which is due to the unfavorable weather in the market. And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT. In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed.
🚀If USDT.D% increases, we can expect a correction in the cryptocurrency market .
🏃♂️USDT.D% is currently moving in an important 🟡 Potential Reversal Zone(PRZ) 🟡.
💡If you look at my chart, when USDT.D% first entered the PRZ, it formed a Falling Wedge Pattern and performed well. USDT.D% seems to have once again succeeded in forming a Falling Wedge Pattern in PRZ ( although this time, the pattern seems to be even more standard than the previous one ).
🔔I expect USDT.D% to rise to at least the 🔴 Resistance zone(4.72%-4.53%) 🔴 after breaking the upper line of the falling wedge pattern .
Market Cap USDT Dominance% Analyze (USDT.D%), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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USDT dominance analysis in daily time frame
Due to the lack of price action area in the price ceiling of Bitcoin, I am forced to do dominance analysis to check the behavior of the market
The green areas are my main support area for the start of sharp upward movement for Dominance, and the price action patterns at the ceiling of the Dominance number indicate for me the registration of new ETH in Dominance.
For now, the good days of the market are over