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Market Cap USDT Dominance, %Market Cap USDT Dominance, %Market Cap USDT Dominance, %

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USDT.D trade ideas

Defining the $BTC top with USDT.DWhy is USDT.D so important in defining a CRYPTOCAP:BTC top? Because, when BTC is in price discovery, there is no previous price action to determine where we might expect a reaction based on price. Therefore, all we really have are fib extensions and speculation if we solely look at past CRYPTOCAP:BTC price. Fear not, USDT.D gives us previous dominance action to evaluate when the BTC price might react. This is because USDT.D is inversely correlated with CRYPTOCAP:BTC price. Evaluating the correlation of USDT.D and CRYPTOCAP:BTC price, I found that in the current cycle, the correlation is approximately a doubling of BTC price for every -3% drop in USDT.D. IMPORTANT: Everything below is for speculative fun. I will be watching this play out as part of an overall strategy to define a cycle top, but would never think to use it to make any decision in my life, especially if I should do a destination or hometown wedding or what brand of salve to put on my hemorrhoids. How can we use the USDT.D/ CRYPTOCAP:BTC correlation to help pick a top? Well, we can find demand zones and calculate how far away we are from them. I don't have previous demand zones on the chart, but they have worked in the past to predict a reaction. The demand zones are somewhat subjective, so you can should verify on your own, but there are a few main zones that I see and have marked in yellow. The top of the demand zones, along with the distance from the current USDT.D in parenthesis, are 3.1% (-1%), 2.8% (-1.5%), 1.8% (-2%), and 1.3% (-2.5%). Using these drops in USDT.D, we might see some intermediate tops around $130K, $150K, and $180K. The cycle top might be around $196K if we get to the lowest demand zone plotted on the chart. Of course, there are more demand zones below that, but I have a hard time seeing USDT.D go below 1.3%. I added the price path as an extra bit of intrigue. It will likely not play out as I have it drawn, but why post my ideas if I'm not going to climb out on a limb and see if the prediction plays out. That would be a move of a cowardly douche. And although I am a douche, I'm not a coward. --Da_Prof
CRYPTOCAP:USDT.DLong
by Da_Prof
7
USDT Dominance is the key to finding the Market Top!When USDT Tether's dominance goes down, crypto prices go up. The opposite is true also. The USDT dominance will consolidate until Jan-March 2025, staying above the resistance channel. I don't think it will break down. We already went from 9% to 4%, that's already great! I don't believe the USDT dominance will go down further. That doesn't mean the price can't go up! I think we are in Feb 2021. Look at what happened to TOTAL marketcap from Feb to May 2021. It exploded up.
CRYPTOCAP:USDT.DShort
by brian7683
1
USDT Dominance Chart Analysis !4.50%–4.60% (orange zone): This level represents a crucial resistance zone, where previous upward moves have stalled. A breakout above this level will signal bullish momentum in USDT dominance, increasing risk-off sentiment in the market. Primary Support: 4.10%–4.20% This zone acts as a near-term support level. A breakdown below this could lead to a further decline in USDT dominance. Secondary Support: 3.80%–3.90% This is a crucial demand zone, where buyers have historically come forward. If the price reaches this zone, it could signal a reversal. The 21-period MA (thin line) and 200-period MA (thick green line) are important indicators to watch. USDT dominance is trading near the 21 MA, while the 200 MA is below, indicating potential support. Symmetrical Triangle Formation: USDT dominance is consolidating within a triangle pattern. A break on either side (up or down) will determine the next significant move. Upside Breakout: This could lead to a retest of the 4.50%-4.60% area. Downside Breakout: This could lead to a decline towards the 4.10%-4.20% support, with a possible continuation towards the 3.80% area. DYOR, NFA @Peter_CSAdmin
CRYPTOCAP:USDT.D
by CryptoSanders9563
Tether Dominance(USDT)- Analysis & PredictionsLooking at the current chart of Tether Dominance, we see a clear downtrend within a descending channel. The current support level is near the 4.28% mark, and there seems to be a potential for a reversal or a continuation towards the lower support zone at 3.43%. 🔍 A breakout above the red resistance line could indicate a bullish movement, while a failure to break out might lead to further consolidation or decline. Watch closely for any breakouts or rejections around the key levels to identify potential entry points. 📅 Looking ahead, a significant move could be seen in the next few months, especially if Tether dominance starts to rise again as we approach mid-2025." **Viewpoint for the user:** "In this chart, Tether's dominance has been following a clear downtrend within a descending channel. If the dominance breaks the yellow zone at around 4.28%, it could indicate a move towards the lower support levels. On the other hand, if we see a reversal and break above the resistance level, it might lead to a bullish trend, potentially lifting the dominance to new highs. Keep an eye on these key levels for potential market shifts." This provides a concise analysis while keeping the focus on key levels and potential market movements based on the current chart.
CRYPTOCAP:USDT.DShort
by Tradeaione
USDT DOMINANCE UPDATE (4H)This analysis is an update of the analysis you see in the "Related publications" section First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT . It seems that Tether Dominance has entered a large C wave. There are numerous requests to determine the market direction in this situation. Based on our analyses, it seems that Tether dominance will move as follows. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTOCAP:USDT.D
by behdark
3
USDT Dominance Chart AnalysisReaction level: 4.60% This area acts as a key overhead resistance, highlighted by price rejection at or near this previous level. A breakout above 4.60% would signal a change in momentum towards increasing USDT dominance. Support area: 3.71% This is a strong demand area where the price previously bounced. If the market returns to this level, it could provide crucial support and a potential reversal area. The chart shows a clear descending channel with the price breaking or testing the upper boundary. This indicates a potential trend reversal or an attempt to move higher. The price interacts with the moving average (possibly the 50-day MA), which has acted as resistance several times. Sustaining above the moving average would indicate bullish momentum. DYOR, NFA @Peter_CSAdmin
CRYPTOCAP:USDT.D
by CryptoSanders9563
BTC & USDT Dominance: The Final Showdown!Hello, traders, Here’s an update on BTC and USDT.D on the 2-week timeframe. BTC recently hit a new all-time high of $108k, followed by a 15% rejection. In my previous video, I clearly mentioned the possibility of this rejection, but many of you focused on cash inflow into BTC, institutional interest, and other factors. I’m not here to prove a point but to present the probabilities of what could happen. This 15% drop was enough to liquidate 419,670 traders in the past 24 hours. What’s next? According to the 2-week chart, BTC is likely to drop to $80k and potentially as low as $69k in the coming weeks. Meanwhile, USDT.D is expected to test the 4.8%-5% resistance level. This could provide enough room for BTC to undergo further correction. A rebound from support is anticipated, and if this chart plays out, we could soon witness another epic rally for BTC. I hope this update helps you make better trading decisions. Please remember to do your own research and analysis before investing. Trade safely.
CRYPTOCAP:USDT.D
by Dexter_The_Trader
2