OGNUSDTOGNUSDT is trading in more like of triangle pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the triangle .
Currently the price is forming a local support around 0.1150 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
Tether
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 #tether dominance is going crazy (Mid/Long Term Strategy)#tetherdollar dominance in market is slightly following uptrend channel since end of 2021. Weeks ago started form a bullish flag. I highlighted the target on the chart. When it reaches the the target (in mid / long term in 2024 I think) the altcoins will already had a long blood bath.
NOT FINANCIAL ADVICE. DYor.
High Interest Rates are Funding BTC through TetherTether has been at an ATH for a couple of months now.
With 3 month bond yield, sticking well over 5% for over 4 months, this has been a very very profitable business for Tether.
Thether keeps most of their funds in short term bonds.
Maybe by now they have also locked in some long term bonds. They could easily have a portion of their portfolio in 5Y bonds, locking high profits for a longer period of time.
At >$80B, Thether is easily making over SEED_TVCODER77_ETHBTCDATA:4B per year virtually risk free, and probably even more through Thether lending services.
I bet that a good chunk of those profits are used for accumulating Bitcoin, the hardest money on earth.
TONUSDTTONUSDT was trading in descending parallel channe and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 2.08 region.
Will the bulls take charge again continue for leg higher?
TRUUSDTTRUUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.0440.
ADAUSDTADAUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline.
These two to gather putting strong bullish confluence for the pair.
What you guys think of this idea?
RLCUSDTRLCUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 1.01 region.
Will the bulls take charge again continue for leg higher?
SUIUSDTSUIUSDT, after being traded in range for some time now has given the massive breakout from range. Ranges are best in a sense just buy the support and sell the resistance.
Range breakouts are usually massive as we can see in this case as well.
If this breakout sustains the next higher target could be 0.6040.
What you guys think of this idea ?
LINKUSDTLINKUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 7.5.
SFPUSDTSFPUSDT has given the breakout from long term declining trendline and about to start new bullish trend.
As the market start to consistently printing new HHs and HLs.
A retest of previous broken structure is due, if the market successfully sustain the retest it could be a nice buying option .
what you people think of this idea ?
OCEANUSDTOCEANUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.3400.
IMXUSDTIMXUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 0.52 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
SNXUSDTSNXUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 2.350.
What you guys think of this idea?
FXSUSDTFXSUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 5.2 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
LTCUSDTLTCUSDT has given the breakout from long term declining trendline and started new bullish trend.
As the market is consistently printing new HHs and HLs.
A retest of previous broken structure is due, if the market successfully sustain the retest it could be a nice buying option .
what you people think of this idea ?
KASUSDTKASUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.05200.
FLMUSDTFLMUSDT was trading under declining trendline and recently it seems like bulls are starting to take the charge and has given the breakout from declining trendline with significant bullish candles .
Currently the price is retesting the broken channel's trendline , if the retest level holds it could be a nice buying option.
What you guys think of this idea?
ARBUSDTARBUSDT is in strong bearish trend and also form bearish flag pattern. Recently the instrument has break through important support zone.
Now the price is trading within the bearish flag and seems like it getting ready to break it.
Will the sellers took benefits from these bearish confluences?
API3USDTAPI3USDT has started new bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 1.12
OPUSDTOPUSDT is in strong bearish trend and also form bearish rectangle pattern. Recently the instrument has break through important support zone.
Now the price is trading within the rectangle and seems like it getting ready to break it.
Will the sellers took benefits from these bearish confluences?
CELRUSDTCELRUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.01210.