USDT.D trade ideas
USDT.D vs BTC fractalComparison with the BTC fractal from May-July 2021.
The BTC fractal is from the daily timeframe.
Let's see if it comes back above 5.63%.
USDT Dominance. I am bullish!!! Good for BTC trades!!!Hello everyone. i want share my idea about USDT Dominance.
After bitcoin bullish movement at USDT Dominance we had revers strong bearish movement, which broke easy some supports without test it, but at least we got some strong rejection at weekly support. First touch was strong revers movement which test twice 4h resistance and we got movement from 6.10% to 5.60% ( weekly support) at weekly support price stopped, if we look at price action its coming reverse which mean, if we will get here trend change, bitcoin price will fall and we will get bearish trend, if bitcoin will start with bearish next year, its high probability to get next year bearish for bitcoin ( i shared my analysis at bitcoin where i am short). at this chart we have some interesting price at the moment, if we look at weekly or monthly timeframe we will see trend is still in uptrend and we can assume, it was correction and another high-low of trend. for that i made some scenes which i am waiting.
Scene 1 - price has stronger reaction second time when it touched to weekly support its going higher and brake resistances which is first 4h and second daily.
Scene 2 - price need another buyers for that it will make liquidity swing where new buyers will active and price will go higher, if we look at it now we had some liquidity swing where we got new buyers but if from here price will not start bullish trend i think another liquidity swing will be enough for active new buyers.
Scene 3 - i am wrong in this trade, sellers will brake that weekly support where will be not new buyers and trend will continue.
I will share in this posit my Bitcoin analysis which i think will hep you analysis better.
Always manage your own risk and make your own research!!!
USDT dominanceThe USDT dominance chart, therefore, emerges as a potent proxy for gauging the performance of stablecoins and providing valuable foresight into what the coming months may have in store for the market. The dominance chart holds the potential to unravel trends and patterns that might not be immediately apparent in individual metrics.
The recent divergence in stablecoin exchange inflow raises intriguing questions about the sustainability of buying pressure. To gain a more comprehensive understanding, a nuanced exploration through technical analysis, particularly focusing on the dominance chart of Tether (USDT), could unveil valuable insights and shed light on the potential shifts in the market landscape.
The USDT Dominance was in a steep decline. It has dropped from 8% on October 16 to 5.62% at press time. Furthermore, the 5.79% level, which was a support level approximately 18 months ago, has now become a resistance level.
The next long-term support to the south is at 4.9%. It is uncertain how much money could be added to the cryptocurrency market capitalization. However, altcoin investors should expect to take profits if USDT’s dominance falls below 4.9%.
The analysis of stablecoin metrics paints a comprehensive picture of the crypto market’s dynamics heading into Q1 2024. The bullish trends in various indicators, such as circulating supply, active addresses, and overall market capitalization, reflect a positive sentiment and growing confidence among investors. However, the recent divergence in stablecoin exchange inflow, coupled with the evolving landscape of USDT dominance, introduces nuanced considerations and potential challenges.
The downward trend in USDT dominance, sliding from 8% on October 16 to 5.62% at present, raises questions about the sustainability of buying pressure and indicates a shift in market dynamics. The transformation of the 5.79% level from historical support to resistance further underscores the evolving nature of stablecoin preferences. As the market navigates these changes, investors, particularly in altcoins, should closely monitor the potential test of the 4.9% support level, which could influence market reactions and prompt strategic decisions.
In navigating the crypto landscape for Q1 2024, the interplay of these factors underscores the importance of adaptability and informed decision-making. As the market continues to mature, staying abreast of evolving trends and leveraging insights from technical analysis will be essential for investors seeking to optimize their positions and capitalize on emerging opportunities. The dynamic nature of the crypto market invites a proactive approach, and strategic planning will be paramount for success in the coming months.
FAQ’s
**1. What are the key indicators suggesting a bullish trend in the crypto market for Q1 2024?**
The dominant factors pointing towards a bullish market include the surge in altcoin dominance, the rise in crypto market capitalization since September, and the notable increase in stablecoin metrics, reflecting heightened investor confidence.
**2. How has the circulating supply of stablecoins changed recently, and what does it imply for market dynamics?**
The circulating supply of ERC20 stablecoins has shown an uptick since mid-November, indicating increased usage. This surge in supply may be attributed to various factors such as staking for rewards, participation in DeFi platforms, or holding stablecoins in reserve.
**3. What is the significance of the drop in stablecoin exchange inflow after December 17th?**
The sudden decline in stablecoin exchange inflow, despite other metrics rising, raises questions about the sustainability of buying pressure. This divergence prompts a closer examination of market dynamics and potential shifts in investor sentiment.
**4. How does the technical analysis of USDT dominance provide insights into the stablecoin market?**
The USDT dominance chart reveals a strong downtrend, sliding from 8% on October 16 to 5.62% at present. The 5.79% level, previously a support, now acts as resistance. Technical analysis of USDT dominance serves as a valuable tool for understanding the performance of stablecoins and predicting future market trends.
**5. Why is the 4.9% level crucial in the context of USDT dominance, and how might it impact the crypto market capitalization?**
The 4.9% level is identified as the next long-term support for USDT dominance. A breach of this support could have implications for the broader crypto market capitalization. Understanding this level is essential for anticipating potential shifts and planning investment strategies.
**6. How does the performance of Tether (USDT) compare to other stablecoins, particularly in terms of market capitalization?**
Tether (USDT) stands out as the most popular stablecoin with a market capitalization significantly higher than other stablecoins. Its dominance chart provides insights into the overall performance of stablecoins and can serve as a proxy for predicting market trends in the coming months.
**7. How should altcoin investors interpret the trends in stablecoin dominance, especially in light of potential testing of the 4.9% level?**
Altcoin investors should closely monitor stablecoin dominance, especially if it approaches the critical 4.9% support level. A breach of this level could impact altcoin markets, prompting investors to consider profit-taking strategies and adapt their investment plans accordingly.
USDT dominance broke trend from 2019!This is real good news!
People are selling their stablecoins for coins
USDT.D currency analysisAccording to the past analysis, I was expecting support failure and said it was moving towards lower support
This time we also saw 5.75 falling support
The second most important support is 5.55
If this support is maintained, you can follow up
But if broken, the last support is 3.82
And witness to BTC pump
USDT.D (New Update)Hello friends.
How are you today?
But first, it's NOT financial advice. it's just a scenario that belongs to me. and it shows what can I think about this movement.
Today I want to talk about the Dominance Tether.
As you can see, there is a valid channel because of the number of collisions with the ceiling and floor. and at this time, we are very close to the bottom of this channel.
It notifies us that we should expect to go up.
And the consequence will be a drop in other markets. Such as Bitcoin, SPX, NDX, and Forex for example euro, NZD, and so on.
✔️✔️ Please don't ever underestimate DXY for your trades
Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this vision with your friends.
And Tell me do you agree with me or Not?
Have a nice day 🙏🙏
Ho3ein.mnD
BTC vs USDT- just a quick post :
- Simple chart and simple facts.
- Just get the move.
- BTC up.
- USDT down.
- Pure inversed correlation.
Happy Tr4Ding!
Tether Dominance AnalysisDespite the divergence seen in the daily trend of the Tether index, the possibility of a market reversal and correction is very high, be careful
Damp usdt.d Are you ready for the cryptocurrency bear market?
In the areas of 5.20 and 4.95, the important areas are the reversal of the dominance trend of Tether.
Be careful of Dominance movement in this area.
And prepare yourself for the bear market.
We have leave the Bear MarketHello there
I was already bearish there is 1 hour.
But this triangle on USDT change all.
We have leave 500 days of consolidation and the triangle is broken by down (So up for crypto).
Target is 4.27%.
However, a flash correction is very possible on this red line.
If USDT.D fake out and enter again in the triangle, it's a bearish signal.
USDT DOMINANCE: WAITING FOR A BOUNCE.The USDT Dominance has experienced a significant -9% drop and is currently finding strong support at 5.6%. This support level raises concerns and warrants attention within the crypto market.
Key considerations include:
1. A mere 8% rebound could potentially bring Bitcoin down to the $40,000 support level.
2. Positive momentum is observed in the Relative Strength Index (RSI), signaling a favorable aspect.
3. For a sustained bullish sentiment in the market, it is crucial for the USDT dominance to close below the support level within the daily timeframe.
In light of these factors, exercising caution and awaiting the weekly close is a prudent approach.
Best regards,
Team Dexter.
On the verge of a precipiceAnother chart to keep an eye on. As you can see, the structure is clearly bearish, with some leads and trend reductions. Typically, such stories end badly for bulls.
#USDT Dominance is printing something scary!🚨Market Caution Alert! 🚨
While many anticipate a move to FWB:48K , it's crucial to stay vigilant as market conditions can shift rapidly.
I'm also waiting for this level, but let's be cautious and ready for sudden changes.
I've explained the significance of this weekly close for Bitcoin.
Recall your greatest losses? When you were unprepared for the unexpected. Let's avoid a repeat this time!
Running Trades on Leverage:-
1. Set your Stop Loss (SL) to manage risk.
JTO: SL at $2.36 (in red).
DYDX: SL around $2.776 (in green).
2. I'm not adopting a bearish stance, but the goal is to prioritise caution and secure profits. I've said it before I am spot-long till Q3 of 2025!
3. Avoid excessive use of leverage for safer trading.
Let's stay alert and make informed decisions. Markets can be unpredictable, and protecting our investments is paramount.
#Crypto #BTC
Do show. your support and boost this chart if you like it.
Thank you
#PEACE
USDT Go Up IN 1h TimeframeEverything is clear. We have two bottoms in resistance area and the price has formed a downward wadge. We will have a correction in cryptocurrency in 1h timeframe.
Good Luck
USDT.D Monthly Rising Wedge Breakdown!📈 USDT.D Monthly Analysis: A Rising Wedge Catalyst for the Crypto Bulls 🚀
Traders and crypto enthusiasts, buckle up for a potential game-changer as we dissect the monthly chart of USDT.D (Tether Dominance). The recent confirmation of a rising wedge pattern has set the stage for what could be the ignition point for the next crypto bull market.
🔍 Analyzing the Rising Wedge:
The rising wedge, a classical chart pattern, is now unmistakably confirmed on the monthly timescale for USDT.D. This wedge is characterized by narrowing price action, indicating a tightening range between support and resistance. Historically, when a rising wedge forms, it often resolves with a breakout to the downside.
📉 USDT.D Descends, Crypto Assets Ascend:
Traditionally, when Tether dominance is on the decline, it tends to signal a shift of capital from stablecoins to riskier assets like cryptocurrencies. The decreasing dominance of USDT.D suggests a growing appetite for risk in the market, and we've seen in the past that this trend often coincides with bullish movements in the broader crypto space.
📆 Timing the Bullish Surge:
As we observe this rising wedge pattern on the monthly timescale, it becomes imperative for traders to monitor key support and resistance levels. The eventual breakout from the wedge could mark the onset of a new bull market for various cryptocurrencies. Keep an eye on price action around the wedge boundaries for potential entry points.
📊 Risk and Reward:
While patterns provide valuable insights, it's crucial to acknowledge the inherent risks in trading. Always employ proper risk management strategies and consider multiple indicators before making any trading decisions.
🚨 Stay Informed, Stay Ahead:
The crypto market is dynamic, and staying ahead of the curve is essential. Watch USDT.D closely in the coming weeks for any signs of a breakout or breakdown. The implications could be significant for the broader cryptocurrency landscape.
Remember, information is power in the trading world. Share your thoughts, analyses, and strategies in the comments section. Let's navigate these exciting market dynamics together!
📈💹 #CryptoAnalysis #USDTD #RisingWedge #BullMarketIgnition #TradingView 🚀
Grinch or St Nick? (bear/bull?)A daily close above 5.63 suggests a Double Bottom, which is bearish for BTC and the whole run overall.
A daily close below 5.63% = continuation.
#USDT.D 3H Chart
USDT dominance swept the high at 6.1% before dropping and leaving a 3h supply around the 5.97% area. It is currently retesting the 4h demand zone. I expect price to retrace to the upside then tap into this 3h supply before potentially moving down again.
USDT.D AnalysisAfter the slump we had anticipated and the market pump
I expect the remaining support to be broken and we reach 5.22 and 3.82 levels
And BTC can have a pump up to 50 - 48 - 55 - 65 - 70
Note that if the negative news or the hacking of large currency exchanges is broadcast, it can dismiss this analysis
I believe Bitcoin can make a small fall and then make a large pump
