USDT dominance continues to grow!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Two weeks ago, I already published this chart, my expectations were for the breaking of the trend line, well, as we can see, we have successfully rebounded from it, which does not affect Bitcoin in the best way.
This chart shows that most players in the market hold their assets in Usdt and are not going to buy yet, or they are just selling and looking for the best moment to buy, most say that the bottom of bitcoin has not yet been found! And what do you think?
Usdtrylong
💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (17.9722).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 18.5000
TP2= @ 19.0000
TP3= @ 19.5000
TP4= @ 20.0000
TP5= @ 20.5000
SL= Break below S2
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💡Don't miss the great buy opportunity in USDTRYTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (17.9722).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67.
Take Profits:
TP1= @ 18.5000
TP2= @ 19.0000
TP3= @ 19.5000
TP4= @ 20.0000
TP5= @ 20.5000
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#USDTDOMINANCE 2HOUR UPDATE !!USDT DOMINANCE ANALYSIS
As we can see from the above-mentioned chart that USDT DOMINANCE again repeats the previous pa.
As USDT DOMINANCE currently trading below the resistance level and printing a rejection.
If we consider the previous PA then USDT DOMINANCE might move downside till the lower green support area.
The candle closing below will be the invalidation point of this chart analysis.
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.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
USD/TRY LONG Setup by baris3Nice trick by goverment. They want to put pressure on companies by making them sell their dollars. But this will only postpone the collapse of Lira.
Target is 18+ for USD/TRY pair. This will be 3th wave (elliott). Current correction can not go down more than here 15.80
My target is 21-22 for USD/TRY pair. Fundamentally flawed economy will not persevere.
#Stable rejected as per last chart but will this Rally continue?Dominance got rejected from the resistance zone as speculated in our last update.
We needed a close below 5.90% in LTFS to see a rally across the market. You can already see that happening right now.
Few altcoins have pumped almost 100%+ in a couple of days.
I expect this rally to continue for the next 2 to 3 weeks followed by another correction which will eventually give us a double TOP in USDT Chart.
This will wipe out all the gains made in this short term rally AND WHEN IT'S ALL GONE there will be a continuation in uptrend for few more weeks.
Let me know what you think in the comments section and do hit the like button if you like it.
Thank you
#PEACE
#USDT Dominance bearish!!USDT Dominance :- Looks bad , we could see some breakdown here which will eventually be good for ALTS and BTC.
Trading around 5.93% my level was around 5.90%.
Let's see if we could get a daily close below that.
This is good for the entire market.
Let me know your thoughts in the comment section and do not forget to hit the like button.
Thank you
#PEACE
#STABLE DOMINANCE HITTING THE RESISTANCE! Whats's next?Certainly hitting the resistance.
BTC needs to get above $32k . In case that doesn't happen, USDT Dominance is pointing towards lower levels in BTC.
So it's important to be careful here and staying in Stables is better than buying anything right now.
ALTS I won't touch right now and rather wait for confirmations.
Break and close above that orange trendline could lead to the real capitulation in throughout the crypto market.
Eventually a low lower than $26700, $20k to $21k? Well looking at the current situation that could happen.
So Let's watch closely that orange line.
Higher possibility:- Since, we have seen false breakouts in USDT Dominance since very long and it's already up 192%+ since the last 6 months, there's a possibility we can see a correction in this chart.
This will lead to the continuation in uptrend for BTC and altcoins. Key level is $38k in BTC.
These are my own observations and are not meant to be taken as financial advice.
Let me know your thoughts.
Thank you
#PEACE
Correction will be continued upThe price for USD/TRY drew the interesting schedule, but correction is not ended. I expect continuation of the movement up in the short term to the level 15.19 where the next resistance is located.
Purchase at the current price.
TP = 15.17.
Information provided is only educational and should not be used to take action in the market.
#USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSHello, welcome to this USDT.D 1hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
As we can see from the above-mentioned chart that USDT.D was rejected from the blue MA and moved down towards the lower support line which is 4.42% and if broke the support line then it can move down to 4.35%.
IMO we can see a bounce from the 4.42% level towards the 4.52% in which ALTS will bleed.
So in my opinion still we should wait for the right time to enter the long positions.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
#USDT Dominance is at resistance...But Don't buy now...Welcome to this short update on USDT Dominance.
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Let's get to the chart!
USDT Dominance broke below the Ascending triangular pattern.
The current PA looks like a retest to me.
A rejection is likely around the 4.34% level.
Also hitting the upper BB line.
Rejection around the 4.34% level will be the best time to load ALTS on spot IMO.
Invalidation:-
Any break and close inside the channel will invalidate this chart.
To be precise, closing above and maintaining the 4.34%+ level would ruin this rally.
Let me know what you think in the comment section.
If you find it helpful, do not forget to hit the like button.
Thank you
#PEACE
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this USDT.DOMINANCE analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to USDT.D 4 hour update by CRYPTOSANDERS.
If you have gone through with our yesterday's usdt.d 3-day chart then you will remember in that chart we mentioned that usdt.d is looking bearish in long term.
In the current scenario, in 4hr chart, it broke the lower trend line and we are expecting a retest and downfall from this level in upcoming days.
We should wait for the retest which will be the zone for to go long on ALTCOINS in usdt pair.
If it moves back inside the triangle pattern then our this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we can see dominance 1 hour update dominance rise from here to 4.45 and when it rejects from there then we can take trade
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we mentioned in our last update that USDT.D will bounce from yellow MA and it bounced right from the yellow MA and currently moving towards blue MA or upper trend line. We hope that USDT.D will reject from the blue MA after that we will be able to see some good rally in ALT coins
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Strong Dominance looks Bullish on High Time Frame but Strong Dominance may come closer to 4.32 Only then Dominance will Bullish Bounce
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
USDT DOMININCE 1 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart usdt dominance is making this bearish expanding triangle pattern but it is not yet confirmed. for confirmation, it needs to break and close downside this support level. Then we expect a drop of up to 4.25%.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section
USDT/DOMINANANCE 4HOUR UPDAYTE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
I think Dominance has bounced like I think Dominance may go up by 3.53% to get rejections
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...