📈 USDTD Bearish Wave! +Bitcoin +Altcoins +2023 & Beyond Mapped!The wait is over...
We are getting confirmation from this chart, the Tether Dominance bearish wave is about to start and likely it will go fast.
USDT tokens will be flowing to bitcoin and the altcoins.
Bitcoin and the altcoins will grow together for a while.
Bitcoin will go ahead after a few weeks while the altcoins stay behind.
Bitcoin will steal the show for a while.
While bitcoin moves ahead the altcoins will enter correction mode/retrace.
Once the altcoins stop their correction it will be bitcoin's turn.
The altcoins will print a higher low and grow, money flowing from bitcoin to the altcoins.
This will create momentum, there will be hype and new players will enter the game.
It will be a small bullish breeze but it will stop once again.
Around March, late... We will be back to the energy/feelings we had in 2021 for 3 long months... It will feel like the end of the world but at the end there is always a new start.
My calculations are pointing to 2-3 months bullish followed by 3-4 months bearish...
Then another consolidation phase at low/bottom prices before the next market phase starts.
2023 will be an interesting year...
The year Crypto Recovers.
2024 will be an interesting year...
The year Crypto Grows.
2025 will be an amazing year...
The next Crypto Bull-Run!
Namaste.
Tetherdominance
📈 Tether Dominance Bullish vs Bearish PotentialThe Tether Dominance Index (USDT.D) is now bullish as it continues trading above EMA10.
Let's look at the potential for a reversal; early bearish signals.
- Lower high mid-term. June vs November.
- Decreasing bullish volume. As USDT.D continues to move higher the weekly trading volume goes lower, giving us an early signal of weakness.
- RSI bearish divergence. Divergences tend to happen between tops and bottoms.
These are just early signals and the trend is still bullish but we are looking for a potential reversal.
Tether Dominance moves inverse to bitcoin.
- If USDT.D goes up, BTCUSD goes down.
- If USDT.D goes down, BTCUSD goes up.
That's why we track this index in search for confirmation/additional information to support what we see on the bitcoin and Altcoins charts.
Namaste.
Monitoring USDT- Absolutely not a prediction.
- Just doing this chart to observe 1D (smaller timeframe) on USDT Dominance & Sharing.
- I usually like to use larger TF to reduce the noise on charts ( 1W, 2W, 1M, 3M ).
- USDT.D have to break out 8.4% before 13th December.
- if it does, could mean BTC more downward pressure.
- if it fails, BTC could rally up.
- Patience is the key.
Happy Tr4Ding !
Tether Dominance Complete Breakdown | Crypto Will Safe The Day!There is still doubt as to wether Bitcoin will continue growing or not and thats understandable... The Feds, the bear market, the war, the FTX scam, etc. all weight in on peoples mind but the charts are starting to give a clear message.
We have once more the Tether Dominance (USDT.D) chart, which moves inverse to Bitcoin.
Today EMA50 continues to be challenged as support and we see a break below it for the first time since late October.
I mention EMA50 because it is used by us to guage a chart/pair/asset mid-term potential.
USDT.D is looking bearish based on all chart signals and candlestick patterns.
A strong bearish signal is the lower high this November compared to June.
Even while Bitcoin went to print a lower low, November vs June, Tether Dominance ended in a lower high, not matching its inverse relation and sending out a strong bearish signal.
It is possible that Bitcoin can detach from the stock market, it is possible.
It is possible that Bitcoin can grow while the entire world burns, it is possible.
Just think of March 2020 when Covid entered in full force.
Instead of Bitcoin going down it bottomed and then started to grow for more than a year really strong.
We can see something similar with cryptocurrency next year as the world markets burn.
The worst time ever in a lifetime can come and cryptocurrency stay around to safe the day.
This is just a possibility but it happened with Covid and it can surely happen again.
Namaste.
I wouldn't buy Tether with a Barge Pole here's whyI absolutely agree that Tether is yet another Penny crypto that should not be touched with a 10 foot pole.
Now Tether is not your usual crypto currency. It’s not something you buy low and sell high.
Take a look at the chart before I continue.
Tether is not one I would consider buying.
What you’ll notice is that the price oscillates around the 1.000 mark.
It’s not your usual crypto currency. It’s what’s known as a stable coin. So its main goal is to track the US dollar’s price 1:1
And tether is not a long-term investment that will grow your money by itself because it stays pegged to the U.S. dollar.
So, investors use this crypto coin to hedge against the US dollar.
Investors use this crypto coin to gain exposure to the US dollar but in crypto form. Tether also sometimes acts as a “bridge” between the fiat and crypto world – as in people often buy stable coins to then buy other cryptos
It’s for the investors who want to invest and diversify their money in a non-government measure and to control their own finances instead of putting the money in banks.
Sounds good and safe right?
The problem is that Tether (USDT) always denies an audit.
They have also been investigated by the NY Attorney General’s office for lying about their reserves.
Also there is major volatility and uncertainty with crypto exchanges since the FTX and Alameda debacle.
Binance (One of the largest Crypto currency exchange) even paused customer deposits of stable coins USD Coin and Tether on Thursday morning without explanation.
This is not safe as a hedge in my opinion. Hence, it’s another reason to stay away from even stable coins like Tether…
Tether Dominance Aims Down At 7.12% (10% Drop)Yesterday Tether Dominance (USDT.D) closed below EMA10 and today we have a full bearish candle.
The drop is about to speed up.
We see EMA50 as the next support line at 7.94%, but looking back this line is always pierced and MA200 has been the main support.
MA200 is sitting at 7.12%, this is where we think stands the first/main support.
As Tether Dominance goes down, Bitcoin goes up.
We can see at least 1 week bearish, 7 days, to start...
As this move develop, we can gain more data and figure out for how much longer this correction will go.
Namaste.
Tether Dominance Mixed Signals + Bearish PotentialI will now read the Tether Dominance (USDT.D) chart for you but let's keep in mind that this one is tricky, it fooled us several times in the past.
We have some mixed signals.
We have a lower high (Nov. vs June) based on candle wick and a higher higher based on candle close.
We have the same pattern forming now as it happened back in June.
A correction pattern.
USDT.D is likely to move lower to test MA200, the black line on the chart.
We see here only a short-term correction.
If this goes down Bitcoin goes up.
But as it finds support, Bitcoin finds resistance and things turn.
I am mentioning this to keep in mind that any Bitcoin rally should be considered a relief rally so stay on the lookout, not to get complacent in a matter of days.
USDT.D daily below EMA10 signals bearish potential but this is a weak signal at this point.
Lower highs is also bearish yet these signals lack strength.
It is a bit mixed because we have a bullish trend maybe entering a correction in a matter of days.
We are reading bearish signals on a bullish trend.
We specialize in looking for reversals/trend change; that's why.
Namaste.
USDT.D ANALYSISTether Dominance is moving inversely to Bitcoin.
We have a very good support area for market cap Tether which turns the market cap up again and there is also a high hand MINOR structure with expensive trades aligned with the trend. resistance The untouched one we have above the pool.
Currently, the market still has room to go higher
USDT Dominance on Track. More Blood Ahead??Hope you followed, The market is a little red today.
Expecting more blood in the next few Days.
Opportunistic times are ahead so there's nothing to panic tbh.
The horizontal support has been respected by the index.
My plan is to accumulate BTC and some altcoins on spot.
For leverage, I will wait for the reversal in LTF.
I will keep you posted.
Also, I will post some altcoins that I am thinking of accumulating in the first 2 weeks of November.
So follow me if you haven't yet.
Stay tuned
Do hit the link button if you like these short updates.
Thank you
#PEACE
#USDT Dominance, Bounce Ahead. BE CAREFUL!!Welcome to this important update on Tether Dominance!
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*Very Active Community during both bull and Bear Markets
Let's get to the chart!
Tether has been following our plans perfect for the last few months.
Keeping an eye on this chart keeps you one step ahead of others.
As you can observe in this chart, Dominance has reached a mid-term demand zone where we can expect a little bounce. This will result in some profit-taking by the leverage traders.
The time perfectly matches with FOMC Dates beginning this week.
It will be volatile, this bounce will give us some good opportunities to position ourselves in BTC and Alts.
MY PLAN:- The plan is to avoid the FOMO and enter in the red market, possibly Tuesday and Wednesday.
I will post more trade setups in the next few days SO FOLLOW ME IF YOU HAVEN'T YET!
Disclaimer:- This is not financial advice Do your own research.
If you like this chart, hit the like button and share your views in the comment section.
Thank you
#PEACE
USDT Dominance 10.02.2022Dominance Tether is stuck between two levels of 7.2%-7.8% and has hit several times from the upper level and several times from the lower level. If it hits any level this time, the probability of breaking that level is very high.
let's see what happen on Monday.
This Analysis will be updated!!
TETHER DOMINANCE correction from the resistance area ❌🧨Hello 🐋
Based on the chart, the price is close to the resistance zone ✔️👌
if
the price doesn't break the resistance zone to the upside, we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
TETHER DOMINANCE correction ❌🧨Hello 🐋
Based on the chart, the price is close to the resistance zone ✔️👌
if
the price doesn't break the resistance zone to the upside, we will see more correction to the downside ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
USDT.D below resistance zone break or make?#USDT.D
USDT Dominance is below resistance zone that is the same with the middle line of descending channel.
🐻 as long as it stays below the resistance zone crypto market will rise!
🐮 break out from the resistance zone will increase USDT Dominance to the upper line of channel and we will see more crashes in the crypto market!
Drops Below EMA100 | Bearish ConfirmedThere is nothing bearish for cryptocurrency in us seeing the Tether Dominance Index go bearish.
This is bullish for the entire cryptocurrency market.
The close below EMA100 is the main red signal we look at today.
Seeing a red candle below this level, blue line on the chart, is the bearish confirmation.
Today is just continuation.
Do not expect any pullbacks this thing is about to speed up.
See you above $26,000 Bitcoin.
See you at $2500 Ethereum...
Let's see how all the Altcoins also grow.
Namaste.
Bitcoin To $35K, Ethereum To $3K, Ethereum Classic To $140, etc.The week is not early but it still has to close.
We have a shooting star candle line, a strong bearish signal, can lead to a price drop.
With the inverse correlation with Crypto and this one (Tether Dominance Index) chart, we have confirmation of many bullish charts.
Namaste.
Reject50Shooting.DStarUSDT-BearMAThe purple highlighted candlestick line is a shooting star.
We have a rejection here at EMA50.
The next bearish candle works as confirmation.
Closing below EMA10 gives double confirmation.
And the bear flag works as continuation.
I will show you the weekly chart later on...
You will see that it will close below EMA10 for the first time and when that happens, finally, Bitcoin will do its $4,000 to $6,000 price jump.
Hello!
Weekly USDT.D Says All Cryptos Go Full GREEN!This is the chart that I mentioned in a previous trade idea on this index... This is what gives it all away.
Tether Dominance Index (USDT.D) is closing weekly below EMA10 for the first time since March.
This is a strong bearish development after 4 weeks of red/moving lower/distribution...
So not just Bitcoin, EVERYTHING CRYPTO WILL GROW SUPER STRONG!
We will have a full green August, based on these charts.
Namaste.