USDT DOMINANCE ANOTHER BEARISH SCHNARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE UPDATE
USDT DOMINANCE is making this rising wedge pattern but to confirm this pattern dominance needs to break down this pattern confirmation.
After this conform break down of this pattern we can expect a drop up to 17% according to the pattern.
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Usdtdominans
USDT DOMINANCE ANOTHER BEARISH SCHNARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE is making this rising wedge pattern but to confirm this pattern dominance needs to break down this pattern confirmation.
After this conform break down of this pattern we can expect a drop up to 17% according to the pattern.
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#BTC AND USDT DOMINANCE COMPARISON!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I always emphasize that time in the market beats timing the market, but I want to share an interesting approach that you can consider taking when timing the cryptocurrency market, especially when it comes to Bitcoin's overall direction.
Tether Dominance
- Just as Bitcoin dominance refers to Bitcoin's market cap relative to that of the entire market cap, Tether dominance is no different.
- It refers to how much capital is parked in stablecoins, specifically Tether, at any point in time.
- Since Tether (USDT) is a stablecoin that tracks the USD, an increase in Tether's dominance suggests a pullback or correction in cryptocurrencies.
- A simple way to understand it is to think of USD flowing in and out of the market.
- On the other hand, if Tether's dominance drops, it means that more capital is being deployed to purchase cryptocurrencies, which is bullish overall for the market.
- If you look at the graph above, you'll clearly see the inverse correlation between Bitcoin (orange) and Tether dominance (black).
- Key support and resistance zones for Tether dominance are marked as well.
- As we're currently trading slightly above local support, marked in green, if we see Tether Dominance fall below those levels, we could expect Bitcoin to continue rallying upwards.
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#USDT.DOMINANCE 30M UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
DOMINANCE UPDATE:-As we see the Bart pattern forming in the Dominance, the Dominance suddenly dumps and we see bearish RSI in the Dominance, so here we expect the Dominance to Dump. What do you think in the comment section? Tell me
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 own profit and losses. So, do your own research before investing in this trade.
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THANK YOU.
USDT DOMINANCE is tranding above this support!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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.
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#USDT DOMINANCE ALERT!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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#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.
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#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.
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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
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#USDT DOMININCE UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE
As I mentioned USDT dominance makes this bullish flag pattern in a 1hour time frame it still trading inside this flag pattern and currently rejecting from the upper resistance as you guys see in the chart WILL USDT DOMINANCE IS GOING TO DO THIS SAME THING what do you think
USDT DOMINANCE NEEDS TO BREAKDOWN THIS LOWER SUPPORT TO INVALIDED THIS PATTERN
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USDT DOMININCE 1 HOUR UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE
As I mentioned USDT dominance makes this bullish flag pattern in a 1hour time frame it still trading inside this flag pattern.
if it breakout this pattern then According to the pattern, we can expect a bounce up to 12%.
USDT DOMINANCE NEEDS TO BREAKDOWN THIS LOWER SUPPORT TO INVALIDED THIS PATTERN
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#USDT DOMINANCE UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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
USDT DOMINANCE is trading inside this rising wedge pattern in the daily time frame. Inside this rising wedge pattern, USDT dominance makes this bullish flag pattern in a 1hour time frame.
if it breakout this pattern then According to the pattern, we can expect a bounce up to 12%.
USDT DOMINANCE NEEDS TO BREAKDOWN THIS LOWER SUPPORT TO INVALIDED THIS PATTERN
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#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.
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USDT DOMINANCE
USDT DOMINANCE is trading inside this rising wedge pattern in the daily time frame and inside this rising wedge pattern USDT dominance breakout this bullish flag pattern and retested it also.
According to the pattern, we can expect a bounce up to 40%.
To invalidate this pattern USDT dominance needs to close a daily candle inside this pattern.
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#USDT.DOMINANCE UPDATE 1DAYHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis:-
USDT dominance after break of structure is making lower lows and lower highs and it bounced from the previous higher low support after creating a lower low.
Currently it is in the formation of making lower high and a down move is expected from the marked lower high box and that would be a bullish sign for the market as it works inversely proportional to the crypto market.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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#USDT.DOMINANCE 4Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis:-
Dominance has been rejected several times by this resistance, so we expect it to be rejected this time too, but dominance is falling, and the wedge pattern remains. If the upper side is broken, the altcoin dumps
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
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USDT DOMINANCE: TRADING INSIDE THIS CHANNEL!!!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE
USDT DOMINANCE is trading inside this channel and currently, it is facing upper resistance of this channel.
dominance got rejected from this resistance many times so we expect this time too that it will get rejected but in case if DOMINANCE breakout, this resistance then the chart will be validated.
Conclusion: Things are pretty tight and trading in this kind of situation is quite risky. Please note that this chart is in a higher TF so shorter TF scalping is better caused the market will be volatile.
I hope this update was helpful for you.
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#USDT.DOMINANCE 4Hr UPDATE BY CRYPTOSANDERS !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
If USDT dominance follows this then we may see a big dump in the BTC price.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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USDT DOMINANCE FORMING BEARISH FLAGE PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE UPDATE
USDT dominance breaks down this bearish flag pattern in a 1hr timeframe.
we are expecting a good drop according to the pattern.
If it breaks this red line resistance the chart will be invalided.
stay tuned
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USDT DOMINANCE: long term update!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE UPDATE
We have this green line as support if it breaks down it confirms the bull market as it did the last time for more info observe the chart.
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE UPDATE
USDT DOMINANCE
let's see how the 4 hours candle close.
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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 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
If Dominance does a triangle break down from here then we can see that Dominance almost 8% dump to which Altcoin and Pump will happen
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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USDT.DOMINANCE 6Hr UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
USDT dominance analysis
In current scenario USDT DOMINANCE hitting the resistance level and here it needs to reject from here print down fall.
As majority coins are already down by 15% - 20% gain above will lead more red candles at ALT COINS.
Rejection will bring relief to alt coins or break above will lead USDT DOMINANCE towards the upper trend line resistance at 6.7% level which will be unsatisfactory for alt coins
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
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USDT DOMINANCE BREAKOUT THIS RESISTANCE!! WHAT'S NEXT?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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USDT DOMINANCE UPDATE
USDT DOMINANCE breakout this 6.25% resistance level it may bounce from here up to the upper resistance of this big descending channel but if you look it proves resistance it makes a fake breakout and the dumped so it can do it this time too.
let's see how the 4 hours candle close.
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#USDT.DOMINANCE 4HOUR UPDATE !!USDT dominance analysis
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.
This is not a piece of financial advice. All investments made by me are at my own risk and I am held responsible for my profits and losses. So, do your own research before investing in this trade.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#USDT DOMINANCE: FORMING BEARISH PANNANT PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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
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USDT DOMINANCE: Will it do again?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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.
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