Tether-dominance
#USDTD #AltCoins #Short #Crypto #Market #DUMP #Soon #Eddy#USDTD #AltCoins #Short #Crypto #Market #DUMP #Soon #Eddy
(("My analysis of USDTD and altcoins is like this, from my point of view, it is possible to track the position of short selling transactions on most currencies in the market."))
- What do you think? Have you checked USDTD in this time frame? Write me in the comments!
- My confirmations are based on Wykoff's review of Bitcoin in multi-time frame, as well as Bitcoin and Tether's Dominance review.
Its about Wyckoff ;-)
(( BTC/USD )) latest update link :
USDT.D (Full Chart Analysis-Long-Term)Hello Friends.
How are you? Hope you always be happy and successful
Today I want to talk about USDT.D
in another words, I want to talk about the dominance of Tether.
the situation is complicated.
I want to check this item based on Ichimoku, channel line, and classic pattern. so, let's go into details.
based on Ichimoku, the future cloud is getting green(positive)
Tenkensen is above Kijunsen and it's a sign to prove us the chart is bullish.
based on the Classic pattern, we have an Ascending Triangle. As you know it's a continuation pattern. and I expect this trend to continue.
if dominance succeeds in breaking 8.21% and then 8.51%, the next target will be 9.45%.
that's a border of a huge dropping in altcoins.
if dominance is able to stabilize above 9.45%, everything will be changed and the main target of this movement will be 15%
it means that you will see a lower low in all markets.
And you should expect it to drop more than you think.
it's my favorite theory. I think it will happen soon.
let me check based on the channel line in the weekly time frame.
As you can see, we are moving in an ascending channel.
we had three hits at the top of the channel and four hits at the bottom of the channel.
it means that this channel is validated.
at this time we are moving around the midline. This move to the top of the channel is expected to be around 15%.
If these three conditions occur, everything will be changed. and you can buy for example Bitcoin for around 9800-11500 USD for the first level. and maybe cheaper.
sounds great.
who doesn't like it?
🙏🙏 Please don’t forget to like 👍, follow ✌️, and share 👌 this analysis with your friends. Thank you so much for your attention and participation 🙏🙏
Sincerely Yours
Ho3ein.mnD
USDT.D Wave AnalysisHello Traders, Base on technical and wave analysis we see this scenario for #USDT.D for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDT.D 4H Analysis Tether Dominance Analysis
This index has now entered the falling structure, but one thing you should note is that this index must reach the orange ranges (Supply) to continue this movement, and from these ranges, confirm the indicators or see the candlestick patterns. which will be in the process of falling. Of course, this index can confirm this movement in two supply ranges of 7.20%-7.40% with price action patterns such as head and top or double top. Otherwise, the correction of this index will mean the end of the falling process and the beginning of a new upward cycle for that domain.
So, for now, you should wait for the reaction of this index to the orange supply ranges in the 4-hour time frame.
Red light, green light: How USDT dominance predicts BTC priceEver play that game "Red light, green light"? So has bitcoin.
Tether dominance has been oscillating somewhat predictably within a rising channel for the past several years. And the upper and lower bounds of this channel can foreshadow bitcoin's macro price movement.
Notice what happens when dominance reaches the top of the channel - green light! BTC sprints higher with a bullish impulse. And, naturally, what do we see when USDT.D reaches the bottom of the channel? Red light! BTC bulls freeze, and price retraces lower.
This certainly isn't a standalone trading signal, just one of many interesting patterns to keep an eye on.
USDT DOMINANCE INCREASINGBy Checking the 4H chart you will see an ascending CUP AND HANDLE Chart pattern that is completing it's self
It is on of the cause that makes bitcoin bearish
Also if you look in ''BTCUSDSHORTS'' The Ratio of Short positions in BITFINEX exchange is in a Strong support area.
The sharp Decreasing wave after confirmation will be continued Until 17K
If this brakes above btc back to 10k, believe it ore not If this brakes above you wished you sold your btc!
If it doesn't, you wished you jad buyed.
But all time chart says it must brake above, be aware I told you so dreamers!
PS : like I said btc 30k, well I did exactly that! Tether dominance is a b*tch...
Bitcoin buy-zone; Is the correction over?As it's showed in the chart, The green area is the best setup to buy bitcoin in my opinion.
Also a big gap formed in Tether Dominance chart which indicates willing of the market to recover the price
The Total Market Cap correction is almost done and buyers are waiting for an appropriate entry opportunity.