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.
Usdt-dominance
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?
USDt dominanceAs Usdt dominance rate is high , alts go down
and if usdt dominance is low , it is clear that investors buy coins so alts go up.
USDT.D elliot wave analysisI arranged my chart and analysis and published elliot wave of USDT.D
Please let me know what you think about it
Thanks
USDT.D Trends (Uptrend)-USDT.D uptrend to the midline channel & Resistance line.
-Probability of falling due to the resistance area in the RSI indicator.
Therefore the market is more likely to fall in the short term.
+Disclaimer
This is not financial advice.
The content of this analysis is subject to change at any time without notice.
USDT Dominance against Bullish and Bearish Thresholds USDT Dominance against Bullish and Bearish Thresholds
5 = Bearish Pole
4.5 = Very Bearish Trend
4 = Bullish Trend
3.25= Equator Line
2.5 = Bullish Trend
2 = Very Bullish Trend
1.5 = Bullish Pole
An Introduction Video By mr_willmedinaGood evening friends,
This is my very first video analysis.
I hope you enjoy and thank you for watching.
Trade thirsty!
AltSeasonHello guys
The Altseason will start when the usdt ranges at the bottom of the channel.
I have checked the previous Altseasons and got the same results.
In y opinion, it can start in the next 3 weeks ahead and will last till end of September.
Stay tuned.
USDT Dominance On A Crucial SupportAs is seen on the chart, there is a negative relationship between USDT.D and USD/BTC.
usd dominance Wdominance usd ro bebinid khili ziba be vakonesh neshun mide va toye tahlil khili mitone komak kone
