USDT: If 5.7 breaks, the next stop will be 4.25.
Combining Trend based and retracement Fib, I would optimistically think USDT can finally drop down to 4.3 percent once 5.7 percent is broken.
USDT.D trade ideas
Tether Dominance (USDT.D)Exciting times in the crypto market! 📈 Tether Dominance (USDT.D) is on the rise with a notable surge in trading volume, showcasing a rounded bottom pattern since hitting its support.
Feeling optimistic about the future! Long-term projections for Bitcoin and the broader crypto space in 2024 and 2025 look promising. However, it's crucial to note the recent bullish momentum in Tether Dominance could signal a temporary correction for both Bitcoin and Altcoins in the mid-term, following a potential lower high.
Simplicity is key. Analyzing the "Candle Pattern" on the chart provides valuable insights.
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#USDT.D 4H Chart
USDT dominance bounced off the daily demand zone as predicted and left another area of demand at around 5.77%. Technically, it is expected to keep moving up aiming towards the 4h supply around 6.15%.
#USDT.D 4H Chart
USDT dominance recently dropped and it is close to testing the daily demand zone around 5.67%. I expect it to tap into this demand before potentially moving up again.
📈 Tether Dominance August 2022Tether Dominance (USDT.D) is seeing a surge in trading volume as well as showing a rounded bottom pattern after hitting its August 2022 support...
How are you feeling my friend?
I am hoping you are having a wonderful day.
Long-term Bitcoin and the Cryptocurrency market is set to grow, specially this coming year 2024.
Tether Dominance turning bullish means bearish for Bitcoin and the Altcoins, but this bullish bias is based for the mid-term and a lower high next, which simply means a correction for our beloved Altcoins and Bitcoin.
Plain and simple.
Look at the "Bars Pattern" on the chart...
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Namaste.
USDT - LONG
USDT has reached a critical area.
I believe this support will not breake with the first push.
USDT can bounce from here up towards, 6.6% , 7% or 7.4%.
Once this area breaks, we can see: 3.8%, 2.6% and 2% for USDT.
usdt.d Hello friends, you must see the previous analysis of my Dominance Tether, because in the previous analysis, I had warned about the growth of Dominance and had shared it.
Now with my new analysis, I came to say that we are close to a good supply and I think Dominance Tether can go down again to ma 200 and ema 200 weekly, so be careful because Dominance will go down again and then it will rise again.
Good luck, be sure to see the previous analysis
Update analysis (USDT.D)📊In the analyzed time frame, it is clear that it was bearish, and by reaching the desired area, we can see the beginning of a range or rise from USDT.D.
📈So stay with me in the next updates.
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Respect the pump - USDT.D breaking supportTime to get off the sidelines and respect the pump.
If the ongoing L2 rally isn't enough of a wake-up call, check out USDT Dominance, which is putting in lower lows and breaking through a significant previous resistance level with increasing volume to back it up. Also, looking at VPVR, there's also very little volume to stop this trend at least until it retests the 200 SMA, which is not far off.
I wouldn't be surprised to see a bounce off of that corresponding with a slight retrace for some of these coins as traders take some profit, but at this point my bias is bullish.
We are so back.
Happy trades,
CD
USDT.D trendA comprehensive review of the market trend shows that the Tether dominance index will follow its path according to two scenarios. The first scenario will have a slight rise, then a strong fall, and according to the second scenario, there will be a direct strong decline.
BE CAREFUL!What I am thinking is; there will be bip dump in 10 days. We will really see huge pumps but at the end of the day it will end with big dump. You should be careful for ALL ALTOINS. They should be dumped minimum %40
USDT.DFollowing from my past analysis on USDT.D it seems we have won two very great trades this year. One is perfectly catch the button of BTC and secondly wining this rally.
Domination of USDT + USDC and lows/maxims of BTC. CorrelationIn the graph, combined into one graph of the dominance of such stablecoins as USDT and USDC.
Orange color—chart of the bitcoin price against the dollar.
The time interval is 1 week. The graph is logarithmic.
The same chart and the same parameters on the candlestick chart .
All BTC price lows and highs are specially shown. Compare what the capitalization of stablecoins was at the time.
At an earlier time, the dominant stablecoin was one USDT, later USDC was added. They occupy a significant capitalization. BUSD and DAI are less capitalized. They too can be added to this “indicator” of the Pumps/Dumps market.
I think the dominance history and the bitcoin overlay chart illustrate well which market phase and in which areas to buy and sell bitcoins and other speculative crypto coins.
Centralized Stablecoin capitalization of a decentralized market .
Sounds crazy, doesn't it? The dominance of centralized in a decentralized market. The 3rd,4th,6th places are naturally occupied by centralized stablecoins such as: #USDT #USDC #BUSD.
This kind of decentralized cryptocurrency financial world (freedom from the dictatorship of banks, power states, and so on) did you imagine, for example, in 2015-2017? Is it good or bad? What will happen after a while? What trend will develop further after the community bait has been swallowed?
3rd place . USDT ( .... "Reds" .... )
$67,562,687,657
4th place . USDC (Circle, Coinbase, JPMorgan, Blackrock .... )
$51,726,419,583
6th place . BUSD (Binance)
$20,003,320,692
13th place DAI ETH (!)
BTC and ETH dominance.
Continuing on this “democracy” theme of crypto sandbox capitalization. Today 14 09 2022.
Market Cap: $989,560,104,72
Dominance:
#BTC: 38.9%
#ETH: 19.9%
Total 2 assets: 58,7%
Also add 3,4,6,13 top stablecoins to this.
Stablecoins over 20%.
Almost 60% of the market is 2 assets.
Over 80% of the market is 6 assets.
So much for the true mythology of decentralization ))).
How to look for a “live chart” for yourself and combine the dominance of USDT and USDC:
1) Look for the MARKET CAP USDT DOMINANCE, %
2) On the right side of the chart in the search field, press the + button
3) Write MARKET CAP USDC DOMINANCE, %.
For the analysis, it will also be useful to track at the same time:
1) BTC dominance
2) US dollar index (DXY, USDX)
BTC dominance
BTC to altcoin dominance. Stablecoin dominance and market pamp.
US Dollar Index (Fed)with prices of BTC lows/maxims. Correlation of assets.
DXY and PampDump BTCMarkets Cycles.
This is what it looks like on a line chart to illustrate simple correlation things.
Preparedness for force majeure.
I would also like to say that all stabelcoins are focused on the "stability" of the U.S. dollar. Think about what would happen if, for some reason, that stability were to be undermined in the blink of an eye. Then you are faced with a very difficult choice.
What to do? Sell/buy cryptocurrency/shares? Just think ahead "What do you do" if, purely hypothetically, for some fantastic, hard-to-imagine reasons this happens. Think ahead in today's calm time (are you sure it's not calm now?), so you won't be caught off guard in a turbulent time.
$USDT Dominance - Coming Up on SUPPORT!Expecting some sort of bounce here.
Question is how long it will last.
🌐 USDT Dominance Analysis: Retracement and Key Levels! 📉USDT Dominance has experienced a significant retracement this week, influenced by Bitcoin's rally and resulting in observations about key support and resistance levels.
Key Observations:
Retracement Context: USDT Dominance retraced as Bitcoin rallied over 7%, leading to a move of cash out of USDT.
Support and Resistance Levels:
The current level of support is in the range of 5.25% - 5.75%.
The 5.75% level has been tested twice this year and is considered a strong level of support.
To the upside, the next area of resistance is at 6.30% - 6.75%.
Market Implications:
Correction Expectation: With an expectation of a market correction, close monitoring of the current support area is crucial.
Bearish Signal: A move up in USDT Dominance is considered bearish for the trading market.
USDT.DBTC.D is in correction phase
If USDT.D breaks down support line and total market cap rises it will move market upward
30K for bitcoin in 1 Feb 2024Hi
Everything showed on the chart, btc will correct to 38k (fill usdt.d daily imbalance) then up to 42k(6 for usdt.d) then drop begin to 30k to fill daily bearish OB for usdt.d around 8%, good luck
USDT DOMINANCE UPDATEHello traders, here's a quick update on the USDT dominance in the 3-day timeframe chart. Watch the video until the end to get the complete information.
Thank you,
Regards,
Team Dexter.
