Usdt-dominance
USDT.D 4H
Dominance Tether
As you can see, it has reacted to the 7.25% support range and the 7.72% resistance range every time. It is currently in the range of 7.55%. It may move towards the range of 7.72. This issue can be a negative reaction for the cryptocurrency market. 💹
In case of exiting the box to the top and fixing the limited high of 7.72%, the possibility of growth up to the range of 7.80%/8% can be considered.❗️
It is important to maintain the range of 7.46%/7.43% to continue the trend ❗❗❗
what do you think about it?
DXY exhaustedHere as expected - DXY is exhausted with pushing so much up, that it didn't even reach the wedge's top line and stopped at the horizontal resistance. It started moving down and expecting it to move as I previously predicted - go for the bottom of the wedge - and a final bounce up and go down for the much needed retracement.
Additionally EURUSD is also looking exhausted from pushing down and needs some relief - which would be weakening the Dollar aswell.
All of that is bullish for stocks and crypto.
USDT.D looking like a wedge forming in the oversold zone USDT.D is building bull divergences and falling wedge with potential resolve to the upside -we're also in the oversold zone of the range.
Expecting a bounce in the next few days - usdt.d up == crypto pullback
market cap usdt dominance shortAccording to the analysis, it responds to the first support and rises to the trend line and attacks the second support again.
USD.T 4H Currently, it is in a bullish corner pattern and is completing the pattern, with the approach of the federal meeting and the announcement of the interest rate in the next 7 days, there is a possibility of a jump towards the previous ceilings. (personal opinion)
Good luck and profitable
#USDT Target met, from bullish rising wedge.Will there be over-performance?
Or has peak fear been met?
Like the #DXY keeping an eye on stablecoin dominance gives you an edge on market direction.
There is alot firepower form smart investors no available to redeploy either here or at those lower #Bitcoin prices of $18 and 15K
I
USDT dominanceso the chart of USDT dominance is making a new engulfing on daily chart. so we will wait tomorrow to see the chart closing. if its making a bull engulfing. then we will entering a down or bear on all crypto asset. cheers
All right guys let’s see what we have?As I always use to say, analyzing usdt.d dominance is like reverse engineering, and if you just look back at the charts we've been shared, you can see it's a kind of algorithm that clearly says what is going on in the market, and now for the update, I can say, I marked everything on the chart for you and I guess we are going to have a couple of green days next week or maybe this week as usdt.d chart tells us!
stay safe!
USDT.D - UPDATEUSDT Dominance reached its critical resistance zone and showed weakness there, as we can see this area got support previously and gave positivity to ALTs. Now wait for the momentum shift and plan accordingly.
Daminence Tether Hello friends
Dominance Tether can show such behavior in the coming days
But if the resistance is broken, we will see bitcoin 39.5k - 37.5k
have a nice day
Just as it's predicted!Remember I notice that you better take profit if you have long positions? here is what we have about our reversal analyzing!
#usdtd just bounced from the support zone and the market dumped!
Stay tuned for long positions that I'm trying to find!
Try to have full control of your positions and know how to manage the setups that you are making!
USDT dominance ⌛️Greetings,
USDT.D is an extremely important ticker on TradingView. Tether plays an important role in the cryptocurrency markets and shows whether the market is in a stable position. USDT Dominance is the ratio between the market capitalization of USDT to the total market cap of the entire cryptocurrency market. The majority of traders focus on BTC.D , both dominance charts are useful.
As USDT.D rises (close to the 5% region), people are selling their cryptocurrencies for the stablecoin (USDT), so prices of digital assets such as Bitcoin and altcoins fall due to the low demand.
You can see where i've drawn in my "danger zone" - always keeping a close eye on these levels.
BTC.D - This chart below shows key levels of support and resistance for Bitcoin Dominance.
Here is what I believe could happen to #USD #DomainaceAs we talked about the theory of #USDT #DOMAINACE and you know how to predict the markets actions by analyzing this symbol simply,heres what I bleve about the next few candles, despite it is on a critical zone at this point and its testing the support zone that it's broken a few candles ago I believe it'll be a torturing bearish candle for the #dominance of #usdt
USDT Dominance Chart Update#USDT Dominance:-
USDT dominance already rejected from 5% resistance level.
And Bitcoin Pumped from $35000 to $40000
Now..?
Still expecting USDT dominance not break 5% level.
If trade below 5% then good to Bitcoin.
Above 5% = Bitcoin Bearish
Support:- 3%
Resistance:- 5%
BTC UpdateIn the last update, it was mentioned that breaking above 40600 will lead to 44500. Btc made a high of 45821, got rejected from 12EMA weekly and formed a shooting star candle there. Btc is at crucial support now and bulls are not showing strength here. Breaking below 39500 will lead to 36250, 33000, and 30000. Imo, it will break below as, previously shared, USDT.D is showing strength.
BTC Levels
Everything is in the charts. Really tryin to simply as much as possible. We have just crossed ema 8 w/34 and this has confirmed pst 3 reversals. Let us see how this plays out, imo we are at a make or break range, back below 40k is really concerning especially with macroeconomic and political factors.
🔥 USDT Dominance Signals Bullish Reversal SoonThe USDT dominance chart is not a chart I see on TradingView that often. However, it offers good insights whether investors are selling their crypto for USDT, or spending their USDT to buy crypto. Generally, when USDT.D goes up, crypto prices go down. When USDT.D goes down, crypto prices go up.
Since the start of this bull-cycle, USDT.D has been trading in a clearly defined horizontal channel. Once USDT.D reaches the resistance area, the (local) bottom has either been reached or is very close. Once USDT.D reaches the support area, the top is either in or very close. I've marked the last four major moves on the chart, green being bullish moves and red being bearish moves.
Furthermore, the 3-day RSI is significantly overbought. The last two time this happened it signaled that the bottom was very close and we were prone for a bullish move.
Be aware that there's still more room to fall. We have a very important FOMC meeting later today. A bullish market reaction might trigger a further decline in USDT dominance and a corresponding bullish move from crypto. A bearish reaction might send USDT.D further up the resistance area.
Nevertheless, most of the damage from the current correction has already been done.
Happy trading!
USDT.D Trend AnalysisCRYPTOCAP:USDT.D The USDT.D index is close to its channel midline
Which one do you think is more likely to happen?
