USDT.D trade ideas
📈📊 #ChartPattern Alert! 📈📊 📈 Falling Wedge 📈📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern.
📈 How to Identify:
Draw a trendline connecting at least two higher highs (upper trendline).
Draw another trendline connecting at least two higher lows (lower trendline).
📈 What it Signals: The Falling Wedge suggests a potential bullish reversal, with buyers gaining strength as the price reaches higher lows within the wedge. It often forms during downtrends and can precede a significant price move to the upside.
📈 Trade Strategy:
Consider buying when the price breaks above the upper trendline of the Falling Wedge.
Set profit targets based on the pattern's height added to the breakout point.
Implement a stop-loss to manage risk in case of a false breakout.
Remember to validate your analysis with other technical indicators and conduct thorough research before making any trading decisions. Happy charting and trading! 📈💹
USDT.D📌📊USDT.D
✅ as we said on September 5, if Tether Dominance index reaches 7.85% from the 8.23% area, it can be a good support area for the return, as the market decided to continue the uptrend from the same area, and it strongly pushed itself to the resistance level.
❗️The previous one reached as shown in the daily chart.
From where the area hit, it is stuck and has not penetrated.
✅We have to wait for the movement of the index, because all the support or resistance areas in the sticky movements of the market have no validity, because the validity of a support or resistance area is in the power of change and penetration in the upcoming levels, which did not happen in the Tether index.
#usdtd
USDT.D update... USDT.D is still in play according to my analysis, but today is a big day and you have to keep an eye on the market wuth the FED announcements.
Since our previous analysis, it reached T1. In order to drop more, it has to break this channel and close below it was
There are many strong resistances above it, so it may go up temporarily insha Allah.
All the best insha Allah!
USDT DominanceHello Everyone
USDT D is trying to form Bearish Shark on daily Timeframe.
Still USDT D is on Range/Consolidation Phase.
I m expecting 7.9% - 8.4% Dominance.
If this happened then BTC and others ALTs will bleed.
If you thing this is useful information for you then Please like it.
Thank you
USDT.D , next weeksthis week closure is important , if price closes below trendline (which i think its possible) we gonna have a couple of green weeks ahead , eventually i expect this triangle break downside and helps the bullrun starts as we are so close to it .
USD.DHi Guys this is essential chart for crypto activist and playerssss ....consider that in my thought process here is the best zone for entering your money to BTC and EThereum .....send this for your friend......
Goooood LUckkkkkkkkk
#DOMINANCE AT DO OR DIE CONDITION!DAILY TIME-FRAME UPDATE FOR #DOMINANCE
As shown in the graphic, dominance is creating two patterns, one of which is a rising channel pattern and the other a symmetrical triangular pattern.
Dominance is up against the 300D strong resistance, so ideally we can anticipate a rejection from here. However, if dominance breaks this level, it will rebound to the channel's upper level, or about 8.77%.
We have support from 8% to 7.80% and 7.50%.
Disclaimer: This analysis is not financial advice. Trading cryptocurrencies involves risk, and past performance is not indicative of future results. Always conduct your research and consult with a professional advisor before making investment decisions.
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USDT.D - Breakout in play
The triangle that began in mid 2022 seems to be finished, and a breakout to the upside is in play.
If we get a follow-through, the first target is the purple line (wave B pivot).
I'm favoring short trades in crypto for now.
Doninance of USDT bearish signals! Bearish signals are appearing in the UDSDT dominance chart! Take in consideration that this chart is opposed to the BTC dominance, so it's a bullish signal for the BTC price action!
USDT DominanceThe price of Bitcoin has now reached a key support
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The position of the USDT.D is at the highest level
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Hysterical BUY
USDT DOMINANCE UPDATE YOU CANNOT MISS.Greetings, fellow traders,
I'd like to present a significant update regarding USDT dominance within a 2-day timeframe.
Recently, USDT.D has been exhibiting an upward trend, nearing the white resistance trendline at 9.5%. This development could potentially trigger concerns within the cryptocurrency market, affecting both BTC and other altcoins. It's worth noting that this particular resistance trendline has previously rejected USDT.D on three occasions.
Furthermore, there's a yellow dotted trendline where the dominance is encountering resistance. While the weekly trendlines appear somewhat distant, an intriguing observation arises.
USDT.D has the potential to reach 9.5%, which represents an increase of approximately 16% from its current level. However, a deeper analysis of the weekly trendline reveals that USDT dominance has been on a downward trajectory since June 2022, failing to reach the weekly support trendline during this period. Consequently, there remains a possibility that the current level may serve as a point of rejection rather than a sustained rally.
Key Points to Consider:
1. A modest resistance level at 8.2% exists, and a rejection is conceivable.
2. A formidable resistance barrier is situated at 9.5%.
3. The RSI indicator has already entered the overbought zone.
I trust you find this update valuable, and I extend my gratitude for your readership.
Trade with prudence and take care.
Best regards,
Team Dexter
#USDT DOMINANCE ANALYSISUSDT.D is moving in a symmetrical triangle. Currently, it is rejecting from the resistance trendline. RSI is in the overbought region.
A rejection from this point could lead to further consolidation within the triangle pattern. Conversely, a strong breakout would serve as a bullish confirmation. It's important to note that it works inversely proportional to the crypto market.
#Tether Update. Don't miss this!!🚀 Exciting #USDT Update 📈
📊 #Tether chart is displaying a significant development that's catching our attention. Here's the scoop:
1️⃣ Market-Wide Rallies: The primary reason behind the recent market rallies is the sideways movement of #BTC. While Bitcoin remains stable, we're witnessing a surge in other assets.
2️⃣ USDT Chart Rejections: On the USDT chart, we're consistently observing rejections. This means that buyers are facing obstacles around the 8.20% area which is good for Altcoins in general.
3️⃣ Critical Threshold: If we witness a close below the 8% mark, it could be a game-changer. This event might trigger a rally that could drive USDT down to 7.25%. This would also likely result in altcoins hitting new local highs.
Intriguing times are ahead.
What do you think?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
USDT.D AnalysisUSDT.D
Due to the fact that the
Tether Dominance index did not have a clear situation on August 22, and as we said, we had to wait for the direction of the movement so that it either penetrates in the upper area or something happens that is clear in the chart.
Which shows a fake break down and then move up.
Currently, the index has formed a head and shoulder pattern or QM and it is expected to go down to 7.85% and then reach 8.60 and above.
USDT Dominance 3DKeep an eye on USDT Dominance. It is ready for the breakout of the Symmetrical Triangle.
please pay attentionThe Elliott Triangle has been completed with correction waves, and it is now supposed to rise sharply in the direction of a fifth and last wave, and thus the whole market has reached a new bottom. Please be careful
Note: it fails if the price closes below the 6.42 area
Tether's Dominance Aanalysis (4H)Tether's Dominance, after creating a bullish CH and the BOS it had, climbed and ran into a fresh Order Block and has now reacted to it.
Inside this OB, we also have a QM Level that has increased the power of this supply area.
Also, a liquidity pool that I have shown in $$$ has been collected
According to the movement of Sharp (ifc) and the lack of trading liquidity, it is expected that the price will move towards the swap support area after settling down a bit.
As you know Tether Dominance moves inverse of BTCUSDT. This means that Bitcoin and some altcoins may go a little higher.
Significant volatility period: starting around September 6hello?
Traders, welcome.
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Have a good day.
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(USDT chart)
It touched around 82.959B on the falling candlestick.
Therefore, the rise and fall of candlesticks that do not gap should be interpreted as triggering trades.
That's why you don't have to be afraid of falling candlesticks.
What you should be afraid of is when it drops, creating a gap.
This is because it is seen as a phenomenon of outflow of funds from the coin market.
Around August 7th, we can see that funds have flowed out of the coin market as the gap down begins.
When the take profit period is over, we expect it to start moving sideways and then start to rise.
I don't think there will be a downturn in the coin market unless USDT falls below 80.986B.
However, there is only a slight pain in waiting.
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(USDC chart)
USDC is likely to be funds from US-based investment companies or institutions.
Therefore, when USDC shows an upward trend, I think good news will start to come from the US side.
If the gap rises above 26.525B and is maintained, good news is likely to emerge.
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(BTC.D chart)
Altcoins are bouncing as BTC dominance falls below 50.
However, it is only exciting, but it seems to be returning to its original place.
Therefore, in order to trade altcoins, a quick response is required through day trading or short-term trading.
I think the section where you start to think that the pumping of altcoins has started is when it drops below the 47.64-48.81 section.
The pumping of these altcoins is highly likely to cause a strong downtrend in the coin market soon, so caution is required.
In order to welcome a proper altcoin bull market, BTC dominance must rise above at least 55.01 and then start to decline.
For now, I expect it to rise to around 61.73-68.72.
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(USDT.D chart)
A big rise occurred as it rose above 7.14-7.39.
An increase in USDT dominance means that the coin market is likely to go down.
If it remains above 8.12, it is expected to renew the new high (ATH).
Unless USDT dominance shows a decline, the coin market as a whole will draw a downward trend.
(1D chart)
Accordingly, it is expected that it will be important how it behaves during the volatility period between about 6th and 16th September.
At this time, if it does not fall below the minimum of 7.62, USDT dominance is expected to maintain an upward trend in the end, so caution is required.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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USDT.D S&R in short-mid term>>>>>>I Have Tried My Best to Bring the best Possible outcome in this Chart.
Based on the USDT.D chart,at short time 8.20 (D-Time frame & mid term) Resistance area must not break's,
In this case USDT.D can reach and test 9.20-9.50 As a important Resistance area's in longer time fram.
All important support and resistance's in Short -Mid - term marked on the chart.
It's Not a financial advise.
PLZ DYOR
With hopping succe
