USDT has completely dominated the stablecoin market for a long time now, but cracks are beginning to form in its foundation that could cause the whole structure to come crashing down. People are losing trust in USDT, even though the vast majority of trading platforms use it as the sole medium of exchange on their platforms. Competitors are turning up the heat in...
HOPEFULLY ) As our Bull market Top % Dominance Low stablecoin dominance = FOMO shit coin mania :) dominance up = bear market
DOMINANCE DOWN CHANNEL A useful tool for the crypto investor. With yields on stablecoins collapsing, this sideline money either exits the space. Remains as a hedging tool or re-deploys into actual blockchain protocols and coins. #BTC, #ETH . #ALTS
And when it does, the bet is on where all that stable will go.
With the United States about to pass strict regulation regarding stablecoins, which includes a measure to insure "Robust transparency, audit and reporting requirements," Tether is absolutely doomed, as they have consistently refused to confirm a 1:1 peg to the USD through an independent, third-party audit, which in my book, is because they're not doing...
Teather dominance is used as gauge to inverse the prices of CRYPTOCAP:BTC & #altcoins. When CRYPTOCAP:USDT.D drops it is bullish for the entire crypto space and when it pumps it is bearish. Right now the downtrend is breaking below a channel that I have marked off since 2018. That means this channel has been in play 6 years. Right now the candles are...
TRXBTC has very good market structure (higher high's , higher lows's) for the past 3 years. Overlooked , & under-appreciated it seems like, in my view on it's sentiment on Justin's success of network adoption. We can see a clear Inverse head and shoulders with a very key neckline level that if broken with strength could a indicate a run at the LOG...
If you've followed my analyses for a while, you've seen this chart before. This is a chart of the relative total stablecoins marketcap. In other words, the stablecoins marketcap divided by the total crypto marketcap. In my previous analyses, I stated that BTC dumped every time that the bottom support of the channel has been hit, with my most recent analysis...
I cannot take credit for this. I believe I saw this basic layout posted on Twitter by Will Clemente some time ago. I just re-created it myself so I could have the ability to watch in real time the larger crypto market cycles with this indicator. It is the market cap of stable coins USDC and USDT added together in parentheses (USDC+USDT) divided by total crypto...
We are vey near the bottom if looking at RSI and VWAP. This pump will be only near 32,000 per BITCOIN and lets not expect more before we heavy crash to 14,000 Levels or below than 10,000 per BITCOIN. Reason is, last year to fck up by the current administration of BIDEN. Plus pre-halving retrace pump before we really enter the HALVING by 2024. FEEL FREE TO ZOOM...
If you enjoy this analysis, please give it a like and a follow. In this analysis We're going to take a look at the stablecoin marketcap, USDT and USDC to be precise. As seen on the chart, the stablecoin marketcap is trading in a well-defined bullish channel. Consequently, every single time that this metric has touched the bottom support, Bitcoin dumped. I'm...
A couple days ago, I published this idea . It's an idea taken from a setup Will Clemente published on Twitter last year as the crypto space was bottoming, more specifically, as Ethereum hit bottom. He was using total market cap of USDT + USDC divided by total crypto market cap. I've revised this to add the next two largest stable coins, DAI and BUSD, by...
USDT, the so-called stable coin, is now below the Bullish Control Zone on the RSI and is showing MACD Hidden Bearish Divergence on multiple Intraday Timeframes at this level after failing to take back the 55 and 89 EMAs. If this goes as any other chart normally would, I would expect it to go back down to the lows of the range, which in this case would take us down...
Hey there! It seems that Bitcoin dominance has peaked, at least for the time being. A medium-term retracement to 44% in 3-4 months appears likely. While some may view this as the start of alt season, we should consider that increased market volatility may lead to stablecoin dominance rising, which could explain the drop in Bitcoin dominance in a turbulent market...
Algorithmic stablecoins, as their name implies, are cryptocurrencies that use algorithms to maintain a stable value instead of being backed up by any sort of reserve asset as collateral. However, in reality, some algorithmic stablecoins have struggled to maintain a stable peg, while others have failed catastrophically. This article examines the major types of...
Digital assets have had a strong early 2023 Digital asset prices, led by Bitcoin, have had a strong 2023 so far. Bitcoin is up by over 70% this year and Ether is up by over 50%1. Together, these two assets still account for over 63% of the total market cap of the digital assets space. While the US Federal Reserve (Fed) is still raising interest rates, the market...
BLANK SPACE.....just ahead 100% gains in order if we breakout and the narrative for liquid staking is hot and stadler it inovating
As i warned you in the past article, TRX is about to collapse because of USDD: According to their website, USDD is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX , BTC , and USDT). The total value of collateralized assets is significantly higher than that of USDD in circulation with the collateral ratio set at 120%. This...