USDT.DThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy.
USDT.D trade ideas
USDT.D sym triangle CRYPTOCAP:USDT.D ,It seems like BTC doesn't want to go down. There's still an issue with the head and shoulders formation. However, a symmetrical triangle formation has occurred. There's potential for an increase until the halving.
usdt.dThere is a possibility that Tether will temporarily return to the top. If it happens, don't be afraid, it will fall. We are at the beginning of a bull market
#USDT.D This is what you need to know!#Tether is facing multiple daily rejections. As long as we stay below the red resistance zone, altcoins will experience some relief while BTC will move within a narrow range.
Close above this resistance could push BTC below 64k.
Keep an eye on the 5.05% level.
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#USDT DOMINANCE ANALYSIS USDT.D has broken through both the sym#USDT DOMINANCE ANALYSIS
USDT.D has broken through both the symmetrical triangle and the Ichimoku cloud resistance, and it is currently trading above the triangle. If it manages to break above the horizontal resistance zone and retests this level successfully, we could observe an upward movement in USDT.D.
Conversely, there is a possibility that it may face rejection from the horizontal resistance zone. It is crucial to understand that the movement of USDT.D is inversely proportional to the crypto market, meaning that an increase in USDT.D typically corresponds with a decline in the broader cryptocurrency market.
Therefore, monitoring these resistance levels and their corresponding reactions is essential for predicting future market trends.
USDT Dominance Rises, Bitcoin Declines, and Vice VersaHard to believe that BTC has reached its top and will have a strong retrace downward.
When USDT dominance goes down, BTC goes up and vice versa. Right now, USDT dominance has reached a resistance trend line and tagged a previous low.
A retrace for USDT dominance to the upside is very likely, which means Bitcoin is going to dump, and with it, all the altcoins.
As soon as USDT dominance reaches the upper trend line that serves as resistance, it is time to invest in Bitcoin again (not financial advice).
USDT.DBased on my complex yet simple studies this happens in the market, however I always say enter the market according to your analysis.
USDT.DTeter Dominance Analysis
Daily and weekly time frame
I expect Dominance Tether to move to the bottom of the daily zone which is 5.88.
Bitcoin is going to be dumped?
USDT.D 4H analysis - June 17 2024After precisely following June 10th analysis and reaching the target area, #USDT Dominance had another small rise and hit the area again, having seen all the confluences, now it's expected to see a drop in USDT.D and the break of the yellow trendline, market reversal seems to be close. Expecting good pumps in the market!
Expecting the upcoming drop to break below the 4.33% level. #CRYPTO #BTC
USDT.D Logarithmic Trend Compared to Bitcoin TrendIn the long term, USDT dominance is in an uptrend. Within this trend, it often rises slowly, suppressing Bitcoin and altcoins, sometimes sideways, sometimes causing price declines. Then, with the sudden drops that follow, it puts Bitcoin and altcoins into a very sharp bull season. Right now, USDT is in an uptrend. I think that Bitcoin will enter a sideways channel as long as USDT remains in an uptrend. After this channel, a drop in USDT will put Bitcoin back into the bull season.
USDT.D linear weekly bottom trendThe bottom trend shown here has been the finish line for every BTC rally for the last 15 years. You can clearly see that Tether dominance has moved down over twice the distance it did in the previous bull market. This indicates that very little retail money is present which corroborates the low volume, poor structure, and limited alt performance comparative to BTC. USDT.D is under it's weekly 200 EMA for the first time however so have to see if that trend will break. EMA's are lagging indicators and, for now, best to assume that trend will continue to hold. BTC will not see targets beyond 86 without breaking that trend and every single bit of Tether being poured into the market.
USDT Dominance in Daily TimeframeUSDT Dominance Update:
The USDT dominance chart shows a symmetrical triangle pattern, suggesting a potential breakout in either direction.
Currently, it is facing a resistance at 4.8% and if the resistance stays strong then a 7% rejection is likely possible.
Key Levels to Watch:
~ Resistance around the 4.80% level.
~ Support around the 4.50% level.
USDT.D going higher?As it is depicted on chart of USDT Dominance we can see USDT making higher highs and higher lows in the last several weeks as well as breaking out of and retesting of The Line…I think if we close weekly candle above the line we can expect a rise in USDT Dominance in short term…
Lets see how its gonna work out.
Always a Student.
Bitcoin might have one more little surprise in storeThe whole market is definitely printing signs of topping structure as well as the fact that a myriad of black swan conditions is facing the economy right now. However, Tether dominance is showing that there may be a short term move up for BTC as Tether dominance has rejected it's top trend in a bear flag.
Long-term trend support on the linear has long been the limit for BTC topping out and could go back to that trend or potentially not quite that far so watch momentum oscillators. Also be aware that algorithms will sell off if the SPX and NDQ dump. Take entries with caution as we aren't far from a large correction in my opinion and I highly doubt that the long standing bottom trend will break, even though the USDT.D linear has never been under it's 200 EMA on the weekly time frame.
Remember, lower targets for USDT.D can't be ruled out but are highly unlikely. Considering the constant liquidity through Janet Yellen's issuance of treasuries, I wouldn't completely rule it out either.
USDT.D A Wider LookSome days ago i look into USDT.D in smaller TF and we make decent profit in the entire market from buying and selling in both perfect time. But today we are looking into a wider range which may take weeks to play out. Ideally any dip from now is worth buying because market is signaling a reversal in my own opinion
Bearish divergence on $USDTD chartThis divergence may cause #usdtd #usdt dominance to weaken for a short time frame, thus #btc and #altcoins may have some bounces. Not financial advice.
Market update: Relief or more Dump?USDT dominance is currently hitting three major resistance levels:
1. 100 EMA (blue)
2. 50 SMA (red)
3. 8-month-old trendline resistance (blue)
This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally.
Invalidation:- Close above the red zone.
dyor, nfa
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USDT DOMINANCE UPDATE (4H)From where we put a green arrow on the chart, it looks like a bearish triangle is forming on the chart.
Now we seem to be in wave E of this triangle.
In the red box, this E wave can end and we can witness the drop dominance tether.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
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