USDt.dSo we have a 8 year bearish consolidation pattern that is likely to break to the downside... The bear flag just broke on the weekly. So how bearish can we be on crypto?
USDT.D trade ideas
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Let's analyse USDT dominance:
USDT dominance has recently broken below a rising channel, which it had been trading within for approximately 230 days. This breakdown could be a positive sign for both Bitcoin (BTC) and altcoins, as it suggests a potential shift in market dominance away from USDT towards BTC and altcoins.
The daily close confirmed this breakdown, reinforcing the bearish outlook for USDT dominance. A decline towards the support level of 5.06% is likely, followed by a possible retest before a further drop to 4.74%.
Key Levels:
Support: 5.06%
Resistance: 5.36%
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Time to buy some crypto?USDT.D has broken out of an 8-month uptrend.
It seems that the crypto market will rise, possibly by around 30-40%.
Why not buy some crypto today?
usdt.d(D) [N.NZ]usdt.d(D) d in sup it can break to...or cp riz
MABY QM TO...but Mony flw isent Dat much g in usdt.d
Future_No_1_NZ
USDT.D Update the old chartSeems like time is not enough for alts.I expected them to rise until december.BUT they will up in 2025-2026 cycle I guess.Current btc reaccum target is 85k. CME:BTC1! BINANCE:BTCUSDT CRYPTOCAP:USDT.D
$70k Then ATH for $BTC Soon?Still following our use of the USDT Dominance Chart, we can see that the breakdown of the 5.3% resistance occurs as predicted. We should see all time highs for Bitcoin soon. Not a bad time to long your favourite coins; currently long on CATUSDT. Would post the chart next.
USDT dominance on the verge of a breakdown- it seems that USDT d. is mirroring btc with bitcoin being in a bullish wedge and dominance in an ascending broadening wedge which tends to be a bearish pattern
- price action looking like distribution and with the 5th touch of the trendline it is likely the macro broadening pattern resolves to the downside
- a breakdown that should be bullish for crypto
USDT.DOMINANCE UPDATE !! USDT dominance shows that the breakdown from the ascending channel pattern is being confirmed as the 100-day moving average remains below both. This indicates bearish momentum in USDT dominance, which often inversely correlates with the broader crypto market.
USDT dominance has successfully broken out of the ascending channel pattern and is staying below key support levels, strengthening the potential for further declines.
The 50-day and 100-day moving averages are acting as resistance barriers, suggesting that bearish momentum may continue to push prices lower.
A continued decrease in USDT dominance is usually a bullish signal for the crypto market, as funds may flow from stablecoins like USDT to other cryptocurrencies.
USDT dominance continues to decline and fails to rise above key resistance levels, it could signal a shift in market sentiment towards a more bullish trend for the broader crypto market. This chart update should be closely monitored as it could have significant implications for potential price movements across various crypto assets.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
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USDT 12 H AnalysisUSDT Started channel since April 2024
This channel is still moving same shape
Right now is critical moment if we broke it down we will touch weekly support (Bull RUN)
If we could not we may move in the lower Channel or even worse by touching the top soon
which may lead to Crash market
Better wait not taking decision now till the direction is clear .
USDT.D 1H update - Oct 17 2024So far so good! #USDT dominance has managed to hold above 5.21% level and has crossed above its descending trendline according to yesterday's analysis.
it seems USDT.D is heading for 5.46% as the first target so it's safe to assume that BTC and other coins will probably dump some more.
USD.D Forcasting (Update)Always and at all times. All events will occur in the chart.
Trend Prediction - USD.D Forecasting - Resistance and Support Lines
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USDT D Order Flow continuesas my view USDT D continue to down trend, but at this point USDT D will bouns back to the valid sell areas, its can effect to the all ALT market to hardly, NFA
$USDT Dominance BREAKS OUT of 232 Day Parallel ChannelCRYPTOCAP:USDT Dominance has broken out and Closed below its 232 Day Parallel Channel.
Expecting a test on the 200DMA.
Once that breaks, and we get the Death-Cross, CRYPTO GOES PARABOLIC
I’ll post a full breakdown of the Weekly Close on Sunday.
End of cycle target will be 2.5%
USDT.DWe expect two types of correction scenarios. 1- In the form of erosion correction. 2- Correction to the Fibo range, so I think the price will continue to fall.
USDT.D 1H update - Oct 16 2024While BTC has touched levels above 66,500 (not a solid daily close yet), USDT dominance has not yet broken below the 5.21% level and some bullish signs are visible. Since the chart has reached a time element in 1H timeframe and will reach the 4H time element by Friday, we might see some upward reaction in USDT.D meaning that there will probably be some dump in the market.
if demand doesn't add up in USDT.D, it will break the support zone and the entire market will pump following a daily close below the 5.21% level.
As it's already stated, market's in a critical zone atm.
Tether dominance is approaching a crucial support trendline, act#USDT.D
👀
This trendline has been a key level for market sentiment since its formation☝️
For a bullish market turn or potential altseason, dominance needs to break below this support📉
Bearish scenario: rebound from the support trendline🔺
USDT.D Breakout: A Bullish Signal on the Horizon?The asset has been consolidating within an ascending channel. A breakdown below this channel could potentially signal the initiation of a bullish market trend. However, a pullback to retest the broken channel is a likely scenario. Despite the challenges in analyzing USDT.D due to its unique market dynamics, the asset's reaction to the channel cannot be overlooked. Overall, a bullish outlook is maintained post-breakout, unless the price retraces back into the channel.
USDT.D Incoming bearish reversal and a bullish market and Q4!Im loving the look of USDT.D right now, it looks so bearish with the recent HTF closes. It looks done for and in the perfect wyckoff distribution.
Following the plan to a T, rejecting off the 5.90% level as discussed in the prior analysis where this was a key resistance level from the first PSY event. Price has refused to push to the upper limit of the range, rejecting from the last supply point and PSY in the range, formed a swing high on the daily, swept that high and is now continuing to distribute lower in line with the HTF picture.
This does look like a local top here following the last points of supply and we could be putting in local bottoms in the market.
Market could start its next run higher anytime over the next couple weeks now! Be patient, we are almost there!
USDT.D - Just for funThe closer to the green line (and the longer it stays near), the stronger the bull market.
My guess is that crypto will pull back in the coming weeks and then open the doors to the bull market of this halving.
