Tether Dominion Bearish Flag Pattern Appears! "USDT.D"Hello, Friends!
Good to see you. Are you all having a good day?
Tether Dominance is on a long berish.
The current wave shows the bearish flag pattern.
If it breaks down the bottom of the Flag, it will go down to the target value.
It's important!
When tether Dominance falls, the BTC and ALT rise.
When Tether Dominance rises, the BTC and ALT fall.
Usdtdominence
DOMINANCE IS ON HISTORICAL LONG-TERM SUPPORT WHAT'S NEXT?🧐MARKET CAP DOMINANCE TECHNICAL ANALYSIS 🚨
In the weekly time frame, dominance is currently bouncing off a crucial support level that has been in place since January 2018. This level holds historical significance and is critical for the market. The market's proximity to this support suggests the possibility of a local top, although predicting Bitcoin's movements can be challenging.
Some investors anticipate significant losses, which could lead to capital inflows into altcoins. However, many remain optimistic about a breakdown beyond this trendline, given the deviation in current price action from previous rallies.
It is crucial to monitor investments and manage portfolios cautiously. While our market entry guidance was helpful, it is prudent to heed this warning. The weekly close will provide clearer signals for confirmation.
An interim shake-off before or after the halving seems inevitable, and preserving profits is paramount. The current bull run could lead to BTC reaching $140k to $190k, but a shake-off before that may be necessary.
This chart serves as a valuable aid in making informed trade decisions and is intended solely for educational purposes.
Your insights and perspectives on the charts are highly appreciated and can be shared in the comment section.
Thank you for your contribution.
AMEX:USD CRYPTOCAP:USDT.D #DYOR #NFA
#USDT DOMINANCE 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
As I mentioned in my last USDT DOMINANCE update about this rising wedge pattern and it's going good currently we have 7.7% level as support and 7,27% as local resistance
IMO usdt dominance will retest this local resistance then dominance will drop again.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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Thank you
#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.
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 financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE is trading under this symmetrical triangle pattern now we need a confirmed breakout or breakdown of this pattern
As per the chart Still Waiting for Confirmation
If dominance breakdown this symmetrical triangle then we see some good bounce on ALT.
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#USDT DOMINANCE is 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 UPDATE
USDT DOMINANCE is at perfect resistance as you can see. The USDT.D will drop down and we can see the opposite reaction on BTC and other altcoins. In case it breaks the upper resistance then the chart will be invalid.
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#USDT DONINANCE is at resistance!!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 at perfect resistance as you can see. The USDT.D will drop down and we can see the opposite reaction on BTC and other altcoins. In case it breaks the upper resistance then the chart will be invalid.
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 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.
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 ANOTHER BEARISH SCHNARIO!!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 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.
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 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
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.
#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.
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
As I mentioned that dominance is facing upper resistance of this rising wedge pattern but according to this flag pattern if breakout this resistance then it will pump up to 7.50%
now it breakout this resistance and currently look like it going to touch the 7.5% level as I mentioned.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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#USDT DOMINANCE UPADTE!!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 currently facing upper resistance of this rising wedge pattern but according to this flag pattern if breakout this resistance then it will pump up to 7.50% but I case if it got rejected then it can drop up to 4.75%.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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Thank you
#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
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 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
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
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 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
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.
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.
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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.
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 UPADTE 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: In this 2-day TF, the USDT.D is at the 6% support level. We can either expect a bounce back from this level or we may see the USDT.D reaching down to support 2 at 4.8% to 3%.
RSI: The RSI is making a hidden bullish divergence which is quite interesting to see.
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.
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 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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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
let's see how the 4 hours candle close.
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Thank you
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 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: 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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USDT DOMININCE IS AT SUPPORT!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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.
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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.
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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