Tether Dom
Updated
- i will try to make it short.
- Like always everything is understandable in graph.
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TA :
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- Tether made a triple new ATH around 9% dominance on Crypto Markets.
- Got rejected 3X times.
- Right now it's the 4th attempt for USDT trying to break 9%.
- i kept BB in graph to show that USDT flirts again with the higher bollinger band.
- Right now the most important is to watch out for Divergences.
- Divergence or Hiden-Div will come soon or later.
- i expect Tether to back around 5% Dom around 2024 when the bullmarket will back.
- Do you remember last year when USDT and USDT were racing together ?
- USDC ( Circle ) Failed with the fall of Silicon Valley Bank.
- Now USDC is a back to 2.60% Dom.
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FA :
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- Remember USDT still have a big lack of transparency.
- if u check the news, you will notice that Tether invested heavily in Bitcoin Mining.
- They did this move to use this diversification as a parachute in case of troubles.
- if Tether fails for any reason it could quickly dip to 3.7% Dom.
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Last Point : CDBC are coming and central banks will try kickout Tether from this game.
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Conclusion : Stay Safe and Buy Bitcoin !
Happy Tr4Ding !
- Like always everything is understandable in graph.
----------------------------------------------------------------------------------------------------------
TA :
----------------------------------------------------------------------------------------------------------
- Tether made a triple new ATH around 9% dominance on Crypto Markets.
- Got rejected 3X times.
- Right now it's the 4th attempt for USDT trying to break 9%.
- i kept BB in graph to show that USDT flirts again with the higher bollinger band.
- Right now the most important is to watch out for Divergences.
- Divergence or Hiden-Div will come soon or later.
- i expect Tether to back around 5% Dom around 2024 when the bullmarket will back.
- Do you remember last year when USDT and USDT were racing together ?
- USDC ( Circle ) Failed with the fall of Silicon Valley Bank.
- Now USDC is a back to 2.60% Dom.
----------------------------------------------------------------------------------------------------------
FA :
----------------------------------------------------------------------------------------------------------
- Remember USDT still have a big lack of transparency.
- if u check the news, you will notice that Tether invested heavily in Bitcoin Mining.
- They did this move to use this diversification as a parachute in case of troubles.
- if Tether fails for any reason it could quickly dip to 3.7% Dom.
------------------------------------------------------------------------------------------------------
Last Point : CDBC are coming and central banks will try kickout Tether from this game.
---------------------------------------------------------------------------------------------------------
Conclusion : Stay Safe and Buy Bitcoin !
Happy Tr4Ding !
Note
i don't look much 1D TF, but you can get the scheme.Note
Older analysis (June 2020). Comparing USDT and USDC race ( Before USDC fail ).
Note
Note
no need comment :Note
Print :Note
"What" happened Tether ?Note
that's the way it works :Trade closed: target reached
supports have habits to turn as resistances..Trade closed: target reached
new one here :
Note
Get the scheme, supports will turn into resistances. Don't be Wycked off :PTrade active
still on the way down, not enough.
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