Tether
USDT.DIntroduction
The analysis of Tether Dominance (USDT Dominance) is one of the most essential tools for predicting overall trends in the cryptocurrency market. This metric plays a crucial role in understanding investor behavior, particularly during periods when the market leans towards liquidity or transitions into a bullish phase. This report delves into the technical aspects of Tether Dominance, offering a detailed review of its current state and outlining potential future scenarios. It serves as a valuable resource for millions of investors seeking informed decision-making.
USDT Dominance Analysis
Definition and Importance of USDT Dominance
USDT Dominance reflects the percentage of the stablecoin USDT's market share relative to the total cryptocurrency market.
🔹 Increase in Dominance: Indicates investor preference for holding cash, often signaling market downturns.
🔹 Decrease in Dominance: Suggests capital is flowing into cryptocurrencies, signaling potential price growth.
Technical Overview
1. Breakout of the Ascending Channel
✅ Current Status:
USDT Dominance has broken below its ascending channel and entered a consolidation range.
✅ Range Box Details:
Upper Limit: Green Zone (6.17 - 6.53)
Lower Limit: Red Zone (3.73 - 3.99)
2. Price Target Based on Broken Channel
🔸 Bearish Target Estimate:
The projection based on the broken ascending channel suggests that USDT Dominance might drop to the gray support zone (2.99 - 3.16).
Possible Scenarios
Bearish Scenario
📉 Condition: Breaking below the red support zone (3.73 - 3.99).
📉 Target: A decline towards the gray support zone (2.99 - 3.16).
📉 Market Impact: Bitcoin and altcoin prices may rise as capital exits USDT and flows into digital assets.
Bullish Scenario
📈 Condition: Holding the red support zone and moving back toward the green resistance zone (6.17 - 6.53).
📈 Market Impact: Crypto prices may decline as demand for USDT increases.
Daily Timeframe Triangle Pattern
🔺 Observation: A triangle pattern has formed on the daily timeframe.
🔺 Prediction: A downward breakout is more likely, aligning with the bearish scenario.
Conclusion and Key Takeaways
1️⃣ Overall Trend: The trend remains bearish unless key resistance levels are broken.
2️⃣ Critical Levels:
Red Support Zone: 3.73 - 3.99
Gray Support Zone: 2.99 - 3.16
3️⃣ Trading Decisions: Focus on higher timeframes and confirmation of breakouts before making decisions.
4️⃣ Market Impact: The breakout or defense of critical USDT Dominance levels will have a significant influence on Bitcoin and altcoin movements.
🎯 Recommendation: Considering the bearish trend, approach bullish scenarios cautiously and prioritize confirmation of breakouts for accurate decision-making.
what can we find about USDT's dominance?CRYPTOCAP:USDT.D
✅ Tether Dominance has also reacted to the 4.40 supply range once again and has broken its short-term uptrend line 👏👏
✅ Currently, with the breakdown of the 4% support, it can move towards the major support of 3.73 again, and with its breakdown, a new downward leg for Tether Dominance will begin 👌
✅ The major supply range for Tether Dominance is currently between 4.40 and 4.60 👍
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Tether dominance is bouncing well#usdt #tether dominance has bounced after made bullish divergence in daily candlestick size in mid term and now made w bounce in LTF. Accumulation is fine. Strong #usdtd if continues this odyssey, will surely damage current #btc and #altcoins ' prices in LTF. Not financial advice.
Tether Dominance(USDT)- Analysis & PredictionsLooking at the current chart of Tether Dominance, we see a clear downtrend within a descending channel. The current support level is near the 4.28% mark, and there seems to be a potential for a reversal or a continuation towards the lower support zone at 3.43%.
🔍 A breakout above the red resistance line could indicate a bullish movement, while a failure to break out might lead to further consolidation or decline. Watch closely for any breakouts or rejections around the key levels to identify potential entry points.
📅 Looking ahead, a significant move could be seen in the next few months, especially if Tether dominance starts to rise again as we approach mid-2025."
**Viewpoint for the user:**
"In this chart, Tether's dominance has been following a clear downtrend within a descending channel. If the dominance breaks the yellow zone at around 4.28%, it could indicate a move towards the lower support levels. On the other hand, if we see a reversal and break above the resistance level, it might lead to a bullish trend, potentially lifting the dominance to new highs. Keep an eye on these key levels for potential market shifts."
This provides a concise analysis while keeping the focus on key levels and potential market movements based on the current chart.
USDT Tether Dominance Overview: Scam Or Altseason?Hello, Skyrexians!
Today we are going to continue observe the charts which can be the evidences of potential altseason. Earlier we pointed out the Bitcoin dominance reversal and the potential impulsive wave 5 for altcoins dominance . Today we are going to look at the another very important chart of CRYPTOCAP:USDT.D to understand if we will see the altseason in the nearest future.
Let's take a look at the weekly time frame. Globally the chart is in huge uptrend, but last 2 years it is decreasing. We can count this dump as a major correction ABC in the super cycle. Waves A and B have been already printed. Wave B reached 0.61 Fibonacci of wave A, it can give us a great confidence that now USDT is in wave C. Moreover at the top of wave B our Bullish/Bearish Reversal Bar Indicator has printed the red dot, the huge bearish signal, as a result it's dumping now. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Wave C has the clear target between 1 and 1.61 Fibonacci extension levels of wave A. Now this zone is located inside the 1.55% and 2.77%. This is significant move which can cause altseason or this dump can be caused by some issues for Tether. Nobody knows, but finally there is a high chance that USDT is going to remain the position of the most popular stable coin.
Best regards,
Skyrexio Team
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BITCOIN IS GROWING STEP BY STEP TECHNICAL ANALYSIS + TRADE PLANTechnical Analysis
Ascending Triangle Formation
The chart displays an ascending triangle pattern, indicating a bullish trend continuation. The price has been forming higher lows while maintaining a relatively flat upper resistance level, suggesting that buyers are gradually gaining strength.
Key levels to watch:
Resistance: The price is approaching the resistance at $93,143 and $100,000.
Support: The ascending trendline acting as support is near $86,721.
Indicators:
VMC Cipher B Divergences:
The indicator shows a continuation of bullish momentum with green dots suggesting buying signals.
Bullish Divergence: This is a confirmation of positive momentum and suggests the current trend could continue, especially if it breaks resistance.
Relative Strength Index (RSI):
RSI is at 56.62, indicating that Bitcoin is neither overbought nor oversold. It suggests that there is still room for upward movement before entering overbought territory (RSI > 70).
Money Flow Index (MFI):
The MFI is in the green, at 56.02, showing a steady inflow of capital, which supports the bullish outlook. It is not in the overbought range, further indicating the potential for continued upside.
Stochastic Oscillator:
The stochastic indicator shows values of 77.28 (fast line) and 76.05 (slow line), both suggesting that the price is in the upper range. Though it's near the overbought zone, it isn't extreme enough to signal an imminent reversal.
Volume
The volume is increasing with each bullish move, indicating strong buying pressure and confirming that the trend is supported by market activity.
Key Price Levels:
Resistance Zone: $93,143 - $100,000
Support Zone: $86,721
Next Target: A breakout above the $93,143 resistance could target new highs around $100,000 or higher if the market sentiment remains bullish.
Trading Plan
Entry Strategy:
Buy Signal:
A break above the resistance level at $93,143 would be a strong buy signal, with the expectation of a continuation to the next target near $100,000.
Alternatively, a retracement to the support level at $86,721 could provide a good entry for a long position if the price rebounds from this level, confirming the ascending triangle pattern.
Stop Loss Strategy:
Stop Loss: Place a stop-loss order below the most recent swing low, around $86,000, to protect the position in case of a breakout failure. This provides a good risk-to-reward ratio if the price does not hold above the support trendline.
Profit-Taking Strategy:
First Target: The first target for profit-taking should be near $93,143 (initial resistance).
Second Target: A breakout beyond this resistance can target $100,000 and possibly new all-time highs (ATH).
Trailing Stop: Consider implementing a trailing stop once the price moves in your favor, allowing the position to stay open while locking in profits if the market reverses.
Risk Management:
Position Sizing: Based on the risk tolerance, adjust the size of your trades to ensure proper risk management. For example, risking 1-2% of your total capital on a single trade is advisable.
Review Market Sentiment: Always monitor broader market conditions and Bitcoin-related news for any sudden changes that may affect the trend.
Conclusion
The current chart signals a bullish continuation for Bitcoin, supported by the ascending triangle pattern, bullish indicators, and increasing volume. A break above $93,143 would confirm the next move towards $100,000. As always, it's important to monitor the market for any shifts and adjust your trading plan accordingly.
$USDT.D Has Fallen Off A CliffTrump's LANDSLIDE victory and Republican's controlling Congress has signaled full RISK-ON across the board in markets.
This has caused everyone to sell their stables for CRYPTOCAP:BTC and Alts.
Expect another 10% worth of CRYPTOCAP:USDT to be dumped into the market before we see a real correction.
This will put CRYPTOCAP:USDT.D ~3.8% which was the local top in March.
The correction should be short-lived as we make our way back down to 2-2.5%
USDT Dominance can surprise everyone First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
the signs say that either wave G is not over or we have an X wave, which means that USDT Dominance can drop back to the green box.
If the green box does not support USDT Dominance it could be a deep drop.
Bitcoin's dominance is bullish, so the price of bitcoin can become very bullish in the coming days.
Even the news of the war could not bullish USDT Dominance, which means that the situation of USDT Dominance is bad.
We have shown the new movement of USDT Dominance with an orange arrow on the chart
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
OBT. $25 million investments from Tether & Solana founderOobit is the app spend your crypto like regular bank. Tap & Pay via your phone.
I have a lot of info about Oobit MEXC:OBTUSDT GATEIO:OBTUSDT in my social network accounts, so I'll be short here.
Currently (price $0.018) they have market cap on $3 million, but full market cap $17 million. My target is $1 billion + market cap (or $1 if we talk about full market cap, because currently I don't know how much tokens really on the market), which isn't big for bull market.
Tether invested only in 2 tokens in their history. OBT and CEL (a long time ago). CEL was +- in the same condition, but pumped from extra low numbers up to $1.6 billion market cap .
Oobit is strong project, because they have nice marketing and great public team. Today they are in the top-10 fin apps in some EU countries and I believe will be even more popular because of expanding regions.
Check their whitepaper, there is a lot of interesting plans. I'm waiting for their L2 solution for app.
Popular app --> popular token.
USDT vs USDC The Last Rush- Everything is in the chart.
- So my own deduction ( and only my own ) is : " Actually BTC not dipped so much "
- They pushed it hard, many peoples turned their BTC and Altcoins to USDT/USDC for safety.
- BTC is still not yet considered as a reserve like Gold in case of crises, peoples still scare and back really fast to the old paper money system when panic is around.
- i will link following this post a PAXG/BTC Chart to show what happened when BTC dipped.
- just look at indicators and you will clearly understand how much stables coins pushed high and Mooned/Marsed in the red " Overbought " Zone.
- Results : TheKing is still around 20k.
- that said, we can notice that USDC is gaining much more interests than USDT, just because USDC (Circle) is backed by cash and short-term U.S. government bonds as collateral.
- after the "LUNA-UST" Crash peoples started to fear and they are right, so they turned their Stables to USDC.
- in near future, USDC will gains more dominance on USDT and the next Dip could results in an Equal Dominance ( 3.80% - 3.20% )
i hope this post help to understand the situation, be H4ppy and St4y S4fe !
Happy Tr4Ding !
Tether The Trumpet- On this Chart i use zero indicator and just the trend.
- Some basic supports and resistances.
- What we can see and deduct ?
- Tether jumped from 0.01% to 1% dominance from 2015 to 2018.
- from 2019 to 2023 USDT.Dom growed from 1% to 10%.
- now the trend is still evolving in a steady broadening trumpet formation.
- Do you really believe Tether would reach 35% Dominance in Crypto Markets ?
- it would mean that 35% of peoples would prefer to stay in Stables Fiat and win nothing.
- Just using logic and combine FA + TA :
- This uper trend will be broken down soon or later.
- i just do believe that Tether have to crash at one point ( no matter the reason ).
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- So now a quick comprehensive explanation about Tether.Dom and how it works :
1 - When BTC down = Peoples swap their BTC to USDT (panic)
- USDT.Dom up !
- Tether stop the printing Machine and wait.
2. - When BTC up = Peoples swap their USDT to buy BTC (fomo)
- USDT.Dom Down !
- Tether have to restart the printing machine and issue more USDT to cover BTC demands.
- Yes it's simple as that..
- Tether is not really different than the FED.
- they just print more USDT from thin air when peoples want buy more BTC.
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- Remember that without BTC, Tether would worth 0$ and disappear.
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St4y Safe
Happy Tr4Ding !
Tether Dom- 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 !
The Upcoming Collapse of USDT Theter - Thesis Binance and its CEO ‘CZ’ plead guilty to federal charges and agreed to pay $4.3B in fines.
But that`s not all!
The crypto market is facing increased scrutiny as part of an agreement between Binance's CEO, CZ, and the U.S. Securities and Exchange Commission (SEC).
This agreement grants the SEC unprecedented access to Binance's comprehensive records, shedding light on various transactions, fraudulent activities, and instances of price manipulation linked to tether, which significantly influenced the surge in Bitcoin's value.
Of particular interest to regulatory authorities is the revelation that CZ has agreed to provide the SEC with access to tether transactions, signaling a deeper investigation into the controversial stablecoin. Tether (USDT) has long been tethered to the value of the U.S. dollar, yet recent events have sparked concerns about its stability and transparency.
What makes this development particularly noteworthy is the emerging focus on tether by U.S. agencies, who seem to be strategically positioning themselves to potentially replace it with Central Bank Digital Currencies (CBDCs). Unlike stablecoins such as USDT, CBDCs are issued and regulated directly by the central bank of a country, eliminating reliance on private entities or community-driven initiatives.
As the SEC gains access to the intricate details of Binance's operations and tether transactions, the crypto community is left on edge, grappling with uncertainties regarding the future of stablecoins and their role in the broader financial landscape. The evolving narrative suggests a potential paradigm shift as regulatory bodies aim to instill confidence in the market through the adoption of government-backed digital currencies over privately issued stablecoins.
The SEC's focus extends beyond Binance to specifically target USDT, with the intention of replacing it with Central Bank Digital Currencies (CBDCs) to assert control over all transactions. This strategic move is seen as a prerequisite for potential approval of an ETF in the future. Notably, Binance has been implicated in facilitating transactions linked to terrorist groups, including Hamas' Al-Qassam Brigades, Palestinian Islamic Jihad, al-Qaida, and ISIS, as highlighted in a statement by Treasury Secretary Janet Yellen.
Looking forward to read your opinion about it!
#bitcoin 's former supports turning into resistancesAfter #tether FUD, #btc CRYPTOCAP:BTC price has made a deep wick then recovered after the news have been denied. Now, red box is the resistance zone in LTF. #bitcoin price also made a bearish double top and it has worked today. If, #btcusd fails reclaiming the red box resistance zone, new minor local lows are expected.
JASMY TECHNICAL ANALYSIS + TRADE PLAN (at the breaking point)Let’s break down the technical analysis for JASMY/USDT (Blaž Fabjan)
Falling Wedge Pattern:
Resistance: The upper trendline of the wedge shows that price has consistently been making lower highs, but the slope is not steep.
Support: The lower trendline connects lower lows, but the declines are shallow, indicating sellers are losing strength.
A breakout from the wedge, especially on strong volume, often leads to a bullish trend reversal.
Volume:
The volume bar shows moderate activity, but for the breakout to be valid, you will need confirmation through an increase in trading volume.
Current volume is around 34.85M, which should increase significantly during a confirmed breakout.
Momentum Indicators:
VMC Cipher B Divergences (Market Cipher Indicator):
Shows red dots indicating bearish divergence. However, this indicator could shift quickly depending on market movement.
Relative Strength Index (RSI):
Currently at 41.82, it is in the lower range of the neutral zone, indicating oversold conditions. A move above 50 would strengthen the bullish case.
Stochastic RSI:
At 13.47, this indicator is signaling extreme oversold conditions, which may imply that a rebound is likely.
Hull Moving Average (HMA):
Displays slight bearish momentum (red), but this could reverse once a breakout happens from the wedge.
Price Levels to Watch!
Breakout Level:
If JASMY breaks the wedge's upper resistance (approximately 0.0193 - 0.0195 USDT), this would confirm the pattern. A sustained breakout with high volume could push the price higher.
Support Level:
Immediate support lies near 0.0188 USDT, based on the lower wedge trendline. A breakdown below this level could invalidate the bullish reversal.
Resistance Level (Post Breakout):
After breaking the wedge, the next target is 0.0210 USDT, a key resistance level highlighted on the chart. A further target can be 0.0220 USDT.
TRADING PLAN
Entry:
Aggressive Approach: Enter at the current level or as soon as price reaches near the upper wedge resistance (0.0193 - 0.0195 USDT) with a tight stop loss.
Conservative Approach: Wait for a confirmed breakout above 0.0195 USDT with increased volume, followed by a retest of the breakout zone.
Stop Loss:
Place a stop loss just below the lower trendline of the wedge, around 0.0185 USDT, to manage risk in case of a breakdown.
Take Profit Levels:
First Target: 0.0210 USDT (resistance from the previous highs).
Second Target: 0.0220 USDT (next significant resistance).
Long-Term Target: If the breakout is strong, higher levels like 0.0230 USDT could come into play.
Risk Management:
Risk no more than 2-3% of your trading capital on this setup.
Adjust the stop loss to breakeven once the price hits the first target.
Exit Strategy:
If the price fails to break the wedge within the next 1-2 candles or breaks below 0.0185 USDT, consider exiting the position to minimize losses.
Trailing stops can be used to lock in profits as the price moves toward 0.0210 USDT and beyond.
The falling wedge formation suggests that a bullish reversal could be imminent for JASMY. However, traders should watch for confirmation through a breakout above the resistance line with strong volume. Utilize proper risk management to protect against downside risk while positioning for potential gains.
BITCOIN ON ITS WAY UP TO ATH. TECHNICAL ANALYSIS + TRADE PLAN Technical Analysis + TRADE PLAN by Blaž Fabjan.
The image highlights an ascending triangle pattern. This is generally a bullish continuation pattern, especially if formed after an uptrend (as indicated in the chart).
The price is consolidating near the resistance level, and a breakout is expected.
Resistance and Support Levels:
Resistance at $73,655.67: This is the key area the price needs to break above for a significant upward move.
Support levels are marked at $68,556.87 and lower at $66,333.98.
Price is currently hovering around $69,000.
Indicators:
VMC Cipher B: There are divergence signals, which often hint at potential reversals or strong continuation. The current setting shows a neutral position, but the past few signals indicate potential upward momentum.
RSI (14): Currently at 67.42, close to the overbought zone (70). This suggests momentum but also indicates that caution should be exercised as it approaches overbought conditions.
Stochastic RSI (14): Shows a reading of 72.43, also close to the overbought region. This is a confirming signal for potential bullishness but requires monitoring to avoid overextension.
HMA Histogram: Shows bullish momentum (green) but with signs of weakening. This is typical before a breakout but worth monitoring.
Volume:
The volume remains neutral but could spike during the breakout above the resistance zone, further confirming the pattern.
Trading Plan:
Entry Strategy:
Aggressive traders: Could consider entering a long position now, given the ascending triangle pattern and anticipation of a breakout.
Conservative traders: Wait for a clear breakout above the resistance level at $73,655.67, confirmed by higher volume. Enter long on a retest of this breakout zone.
Stop-Loss Placement:
Place the stop-loss just below the support level at $68,556.87, or slightly lower to $66,333.98 for more conservative risk management.
This will protect against any false breakout or trend reversal.
Target Levels:
First target: $74,000-$75,000 region (as indicated in the image by the upper blue line). This would correspond with a clean breakout.
Second target: If momentum continues, aim for $78,000 - $80,000, which is the next major psychological resistance level.
Risk-Reward Ratio:
Ideally, maintain a risk-reward ratio of 1:3 or higher. For example, risking 1,000 points for a potential reward of 3,000 points, depending on your entry and stop-loss placements.
Exit Strategy:
Partial Profit-Taking: Consider taking partial profits at the first target to lock in gains, moving the stop-loss to breakeven to secure the trade.
Full Exit: Close the position if price action significantly retraces back into the triangle or breaks below support zones.
If the trade reaches the second target zone ($78,000-$80,000), consider a full exit.
Risk Management:
Limit the position size to avoid overexposure. Risk no more than 2-3% of your portfolio per trade.
Use trailing stops to capture more profit as the price moves in your favor.
Market Sentiment and Confirmation:
The ascending triangle and technical indicators are leaning bullish. However, confirming volume on the breakout is essential to avoid false breakouts.
Global economic factors and BTC news should also be considered for additional confirmation, particularly around major support/resistance levels.
By following this trading plan and being mindful of the market conditions, you can take advantage of a potential bullish breakout while maintaining proper risk management.