BTC vs USDT.D - Who Follows Whom?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on USDT.D to gauge the overall sentiment of the crypto market.
📚 Today, I want to demonstrate the correlation between BTC and USDT.D:
- A couple of weeks ago, BTC was rejected at the $108,000 zone, while USDT.D bounced off the 3.6% support.
- BTC is currently hovering around the lower bound of its rising wedge, while USDT.D is approaching the upper bound of its falling wedge.
- As long as BTC doesn't close a full day below the blue trendline and USDT.D doesn't close a full day above the upper red trendline, this phase can be considered a correction.
- Conversely, if both trendlines are breached, expect a momentum shift, potentially leading to a deeper bearish movement in the crypto market.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Usdt-dominance
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 Dominance Reversal: Key Levels for Altcoin Long SetupUSDT Dominance (USDT.D) is showing signs of a potential reversal after an extended uptrend, which could provide a significant opportunity for altcoins.
I’m watching the 618 and 786 Fibonacci retracement levels, as well as a down-sloping trendline in the same area. If USDT.D tests and rejects these levels, we’ll likely see a downtrend, which historically leads to a rise in altcoins.
Additionally, an inverse Fair Value Gap (FVG) has appeared, confirming the bearish scenario. Once all confirmations are in place on the 4-hour chart, we will look to long altcoins carefully, using leverage while staying disciplined.
Risk Management: Max risk is 5% per trade, aiming for at least a 5x reward. Leverage will be used cautiously, with a focus on emotional control to avoid fear and greed.
market correction or crash ?!in the chart of #usdt.d the market hit a demand which can make a rising wave in usdt.d but i believe that its just for a short time of course this can make some coins drop a lot but this is a correction not a market crash !
check out my last analysis on usdt.d which i made a prediction for this rising ! 👇👇👇
USDT.D and BTCUSDT correctionConsidering the strengthening of the Tether index at the lower range and its weakening in the selling direction, I expect it to rise to the specified range and then correct downward toward the main target. This would indicate a correction in the crypto market, after which I anticipate Bitcoin reaching $150,000 and the beginning of altcoin season.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
USDT.Dominance Chart Update !!The chart shows USDT dominance in a downward channel.
The recent price movement tested the upper trendline and faced rejection, indicating the downtrend remains intact.
Moving Average:
The 50-period EMA (red line) acts as resistance, reinforcing bearish pressure.
Resistance: 4.10% (channel top and 50 EMA).
Support: 3.85% (channel bottom).
Rejection at the upper trendline points to a likely continuation toward 3.85%.
A breakout above 4.10% and the channel could signal a potential reversal, with an upside toward 4.30%.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
USDTDominance chart update !!USDT Dominance (USDT.D) chart continues to confirm the descending channel pattern, with dominance currently testing the upper trendline.
Dominance remains within the descending channel, with the upper boundary acting as a crucial resistance level near 4.30%-4.35%.
Recent price action shows rejection at this resistance, indicating a possible continuation of the downtrend.
The middle line of the channel may provide minor support around 4.10%.
Strong support lies near the lower boundary at 3.85%-3.90%.
Immediate resistance remains at 4.30%-4.35%.
A breakout above this level would signal a possible reversal in dominance, invalidating the bearish channel.
The current rejection is in line with the bearish outlook.
Momentum suggests that dominance could test the lower trendline again, especially if crypto markets maintain bullish momentum.
The short-term target is the lower limit near 3.85%.
Bullish invalidation occurs above 4.35%.
Monitor further rejection at the upper limit for short entries.
Confirm the breakdown with rising volume.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
USDT.DOMINANCE CHART UPDATE !! USDT Dominance (USDT.D) confirms the breakdown of the head and shoulders pattern, indicating a strong bearish trend. Here's a detailed log analysis:
The neckline support has been breached, confirming the pattern's validity.
The measured move suggests a target towards the 1.80%-2.00% zone, aligning with historical support.
There is a significant breakdown below the Ichimoku Cloud, with volume likely supporting the move.
This reinforces a bearish outlook, signaling a shift of capital away from stablecoins.
As USDT Dominance decreases, funds flow into risk assets, typically Bitcoin and altcoins.
This aligns with a bullish sentiment in the broader crypto market.
Resistance: 4.50%-4.80% (previous neckline and Ichimoku Cloud).
Support: 1.80%-2.00% (highlighted shaded area on the chart).
The pattern's implications suggest further downside for USDT Dominance, which could be a tailwind for crypto market growth. A breakdown continuation is likely unless dominance reclaims the neckline area.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
USDT.DOMINANCE Chart Update !
USDT dominance is showing a downward trend after breaking out of a previous channel, which may indicate a decrease in stablecoin dominance in the market. The price of testing a green support zone is around 4.4%. If it fails to hold above this level, a further downside to the lower red support zone around 3.9% may be possible.
This decline in USDT dominance could imply a potential increase in buying pressure within the crypto market, as funds flow out of stablecoins and into more volatile assets, fueling upward momentum in the broader crypto market. However, a bounce back above the support zone may signal a temporary reversal in trend.
Traders should watch for reactions at these key support levels to better assess the direction of market sentiment.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
USDT.D updateWave A of this correctional pattern extended greatly to bring a lot of profit to many #AltCoins in #Crypto Market
However, it seems that wave is finished & we may start another correctional pattern to fill in wave B
So what does it mean?
It means that we may see some up & down in crypto market for the market makers to gather enough liquidity to continue on our big pattern so do not attempt to open new positions blindly anymore
USDT MOON- Do you know what happens when something push too much ? it reverses and goes down.
- Sir Fibonacci said one day :
" When u launch a coin to the sky, it takes speed, then it stops, then it goes down more fast than it went up "
- if USDT grab more Dominance on Cryptos Markets, it would mean we are rolling back in the "Old Financial system" i hope everyone understand that.
- That's not gonna happens.
- i won't comments much on this analysis, but it speaks by itself. ( everything is in the graphic )
- i won't also speak about what happened recently to UST in Luna Ecosystem because it's sad for the peoples.
- Stay in BTC and pray TheKing.
Happy Tr4ding !
$USDT Dominance On The Rise = More Pain AheadBeen riding this trendline since March.
Well above the 200MA and Bull Market Support Band
Battling the .382 Fib today
I expect it to breakthrough and grab liquidity around the 6.50 region for a bit, then make its way back down to the trendline when rate cuts are announced September 18th.
Will then have to break that trendline to take the next leg in the bull market.
Remember, as CRYPTOCAP:USDT.D Falls CRYPTOCAP:BTC and Alts go higher.
LDOUSDT UPDATE : READY to LAUNCHHello Folks !!
Welcome to the quick update of LDOUSDT. As of now, we can see it is trading around 1.57 and currently at the immediate resistance. If it breaks this resistance, we can easily see a target of 25-20% in the short run and it can reach a price of $1.87.
We can take a trade with the below details:
Entry: 1.54 to 1.57
Target: 1.79 to 1.91
STOPLOSS: 1.47
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
Key Resistance and Potential Decline in USDT Dominance!Key Resistance and Potential Decline in USDT Dominance
The chart shows a strong resistance level around 5.08%. USDT dominance has tested this level several times but hasn't been able to break through.
📉 Current Price Action:
USDT dominance is currently struggling to break past this resistance, shown by multiple rejection candles.
📈 Potential Movement:
If this resistance level holds, USDT dominance might drop towards the ascending support line. The chart suggests a possible decline, as shown by the black arrow.
🔻 Support Levels:
The ascending trendline below acts as strong support. If USDT dominance falls, it might bounce back from this level.
📊 Indicators:
The supertrend indicator on the chart shows a bearish trend.
🔍 Analysis Summary:
This analysis highlights the current resistance level for USDT dominance and the potential decline towards the support line. Keeping an eye on these levels can help anticipate market movements.
Stay tuned for more insights and detailed analysis!
USDT.DUSDT Dominance has apparently completed its downward movement in the 4-hour time frame.. which has been completed in the form of an impulse that can be considered wave A or 1.. which of course we have named wave A for now..
In the following, an upward phase can be completed in the form of wave B. Based on this, we can expect growth up to 5% and even higher levels. Time 4 hours..
USDT.DGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
USDT Dominance (1H) and possibility of a riseAnalysis on USDT.D chart (1H) suggests that a falling wedge pattern is being formed(other confluences such as divergence also hint at this pattern). if confirmed (breakout from above the pattern), market can dump for a day or two. Remember that a rise in USDT.D means a dump in the BTC and the crypto market. if the pattern fails, the current pump in coins shall continue with a stronger momentum. possible tp levels: 4.74% - 4.84% - 4.88% - 4.94%
🔥 Bitcoin Dominance Break Out! Watch Your Alts 🚨As of this week, the Bitcoin Dominance (BTC.D) has broken out of a 6-month consolidation period. This means that money is flowing out of altcoins into Bitcoin again.
It's difficult to predict how high BTC.D will go, but I think we can make a an educated guess by looking at the diagonal purple resistance.
Historically, bull-markets (especially for alts) started at the red arrows. Remains to be seen if it will happen again.
For now, alts are likely going to lose value against Bitcoin, especially during dumps like yesterday. Start looking to buy alts again after BTC.D hits the top resistance.
Updating Channel for my Pervious Idea USDT.D + USDC.D I have updated my idea about CRYPTOCAP:USDT.D & CRYPTOCAP:USDC.D ...
We still didn't breakdown this bullish channel....
***Dollar's Dominance is opposite of CRYPTOCAP:BTC which means if USDT & USDC's dominance are up BTC will be down.***
Check it below in related ideas
Good luck