USDT DOMINANCE: IS IT A RETEST???Welcome members to this update on USDT DOMINANCE.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
The USDT.D is at the zone where you get a mixed feeling in your mind. THe USDT.D is still above the 4.14% support level and the current price movement looks like a retest. It is a decisive zone for dominance right now and it is clearly creating two scenarios.
1. The USDT.D will bounce back hard up to a 5% resistance level.
2. Further rejection, back to the 3.77% support level.
These two scenarios are fully dependent on that one single support line. It will be wise enough to wait for the weekly close and see where the market is heading.
Some coins to keep an eye on will be C98, GALA, ALPHA, and TOMO.
I will update more on it so do follow and like my ideas.
Thank you.
Usdtd
#USDT.DOMINANCE DAILY UPDATE BY CRYPTOSANDERSHello, members welcome to the USDT.D 1D chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart that USDT.D is trading below the resistance on the daily chart which is a decisive point for ALT coins.
According to the current scenario if usdt.d rejects from the current level then it will be great for the ALT coins in usdt pair.
In another scenario, if it brakes the resistance then the ALT coins in usdt pairs will bleed.
IMO it's better to stay aside from taking trades currently and we should wait for the confirmation.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
USDT DOMINANCE UPDATEHi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
Financial advice.
The dominance has retested these 4% resistance levels. We need to be extra careful here as this is a decisive moment for the entire market. The chart is pretty simple and clear on what could happen next.
We just need to close one more daily candle below this resistance.
let's see how the daily candle closes.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
USDT.D BOUNCING BACK.Hey guys,
Let me keep this short and simple.
The USDT.D broke above the 21 MA. If the dominance continues to rally higher the 4% level will be a good resistance that might hold USDT.D. Breaking above 4% resistance will bring chaos to the market.
If you have any open positions then use SL accordingly. More updates coming in.
THE USDT DOMINANCE BACK TO THE 3.77% SUPPORT LEVEL.Welcome to this USDT Dominance update.
Let me keep it short and simple.
Guess what? The USDT.D got rejected exactly from the 21 MA and it is currently testing the 3.77% support level. If this support level is broken for USDT.D then wala! Welcome to the bullish rally.
Let's be extra careful here cause if the dominance bounces back from this level then it's a gone case for BTC and other altcoins. Moreover, we are on the weekend and the major impact happens either during the weekend or after the weekend.
So keep your eyes wide open.
Like and follow for more updates.
See you around.
USDT DOMINANCE BOUNCING BACK!!!Welcome members to this update on USDT Dominance.
Okay, let me keep this short and simple.
The USDT.D holds important support at the 3.77% level. If you remember my previous update from March 10 then in that post I mentioned the 3.77% as an important support for USDT.D. This is the exact same level from where the USDT.D bounced last time.
For now, we need to keep track of the 21 MA. If the USDT.D breaks above the 21 MA then there is a higher possibility that USDT.D will rally higher which clearly indicates that BTC and other altcoins will dump pretty bad.
Note: The 3.77% is no joke here and the rise in RSI from the oversold level is giving an extra boost to it.
Let us be extra cautious here and trade safely.
I will update you about the market time and again so do follow up and keep in touch.
Thank you.
Tether Dominance Long-Term AnalysisWe looked at this index on the short-term, ultra bearish yesterday we said.
Now, I would like to look again at Tether Dominance (USDT.D) but long-term.
Doubt can creep in anytime as the market can always turn...
We can be bullish today and tomorrow everything is red.
But things can go from red to green as well.
We see the Tether Dominance chart as bearish on the long-term... We will get into the details.
EMA10 is working as support on this weekly chart.
EMA10 is at 4.17%.
Last week we have a high wave candle after a lower high.
We also have a lower high long-term compared to June last year... This is very bad when it comes to TA.
I changed my mind... I don't want to go into details anymore.
This thing is bearish and if the inverse correction between BTCUSD and USDT.D continues, then Bitcoin is set to move higher as the Tether Dominance drops.
This is also a famous pattern:
I will do better next time.
Thanks a lot for the support.
Namaste.
USDT DOMINANCE DECISION TIME!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
As per, my previous USDT DOMINANCE chart is going good now we have a 4% level as support so we have broke and close below this level.
Then we can expect a drop of up to 23%.
4% level is a very strong support level needed to break
this level for more further move.
let's see how the market reacts in a few hours
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Pump or Dump: USDT.D chartUSDT.D is at a lower support, we could expect a bounce back to the higher pink rectactle, so cryptos will start dumping a bit.
If price closes below the lower pink rectacgle, cryptos will start pumping. I would start buying, I have sold all my cryptos at this point.
Right now, I wouldn't buy any crypto and will wait for the break of the lower pink rectactle.
Cheers!
USDT DOMINANCE UPDATE: BE CAREFUL!!!Hello guys, welcome to the USDT.D update.
The dominance has dropped to the 4% support level as expected. We need to be extra careful here as this is the decisive moment for the entire market. The chart is pretty simple and clear on what could happen next.
Here are the two scenarios that could possibly take place.
Scenario 1: The USDT.D could bounce back like it did in the past and can rally back to 4.85%. This would mean that BTC and the entire market will dump once again.
Scenario 2: The USDT.D could break down further towards 3.8% to 3.6% which will surely give enough room for BTC and other altcoins to rally higher.
Okay, but which scenario suits the best?
Well, in order to get a clear confirmation we need to pay attention to the following things:
1. Support level: 4% is strong support for the USDT.D and I have already explained this in my previous update.
2. BTC and other Altcoins: BTC and almost every altcoins are on the bullish side of the market. It must calm down in order to maintain a good balance in the market.
3. RSI: If you pay close attention to the RSI then for USDT.D, it is already at the oversold range but for BTC and other altcoins, the RSI is at the overbought range.
What do you think about the USDT.D and the market? Do share your thoughts. I will be happy to read them.
More updates coming in.
USDT DOMINANCE UPDATE: WILL IT HOLD THE SUPPORT???Welcome members to this update on USDT Dominance.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
The USDT.D has been rejected as expected and if it continues to dip then 4% support is not far away. This will be an important area where we need to be extra careful. 4% is a strong support level for USDT.D and ever since this lower trendline has been created at the beginning of the year, the USDT.D has always respected this trendline. So, there are chances that the USDT.D will once again respect this trendline and bounce back.
What interesting can happen is if the USDT.D breaks down below the 4% support level. That will be a disaster for the dominance but a boom for BTC and other altcoins. Now, we also need to keep in mind that a bounce is expected anytime soon and if that happens, BTC and other altcoins (which are at resistance level) will possibly fall.
So, be careful with your trade setups. If USDT.D shows any sign of long green candles, that would mean that the dominance is trying to bounce back and we can possibly short some coins. I will update more on that later but for now, let's stay extra alert.
Let me know what you guys think.
Do like and comment.
Thank you.
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this USDT.DOMINANCE analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to USDT.D 4 hour update by CRYPTOSANDERS.
If you have gone through with our yesterday's usdt.d 3-day chart then you will remember in that chart we mentioned that usdt.d is looking bearish in long term.
In the current scenario, in 4hr chart, it broke the lower trend line and we are expecting a retest and downfall from this level in upcoming days.
We should wait for the retest which will be the zone for to go long on ALTCOINS in usdt pair.
If it moves back inside the triangle pattern then our this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
USDT DOMINANCE GETTING REJECTED!!!Welcome members to this update on this USDT.D Update.
The USDT.D failed to break through the 21 MA. The current rejection has broken down below the supporting trendline. Now, in order to confirm the drop towards 4% support, the USDT.D must close below 4.35%. We still have 3 hours left for this present candle to close so let us not rush.
It is also quite possible that the USDT.D will leave a long shadow behind and gets back above the support level which will be bad for the market.
Things are still under the decisive zone. Our LTC, TRX, GALA, HBAR, trade setups are going well so far. I hope you guys are booking your profits as we are hitting the targets.
Let me know what you think about this idea and if you like it then do hit the like button. I will highly appreciate your love and support.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
#USDT.DOMINANCE 3DAY UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.DOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to a quick update on USDT.D
USDT.D broke the yellow MA which was support level.
In the current scenario, we need a confirmation of which will be the retest.
1 day & 8hr left for candle closing if it retests then
Here we can expect that it can move down near the red zone which will be the opportunity for us to take some position in ALT COINS in USDT PAIR.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
USDT DOMINANCE: A BOUNCE OR A REJECTION???Welcome members to this update on
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
Look, I don't mean to scare you but this chart right here is kinda scary. The USDT.D is bouncing back and currently, the only thing which is holding USDT.D is the 21 MA (Resistance). If you look at the backtesting then whenever the USDT.D bounced back from this supporting trendline, it has always bounced back, faced the 21 MA resistance but ultimately broke up to the upper trendline. It never got rejected from 21 MA.
Do you need to worry about your trades? Yes, you must but it is always wise to wait for confirmation. In this regard, 4.45% will be the level we have to pay attention to. A breakout above this level will be a clear sign to exit all your trades cause breaking above this level could mean a rally towards a 5% resistance level. As the USDT.D is still under the 21 MA so we can still expect a rejection towards a 4% support level.
I am still hoping for rejection on the dominance but looking into the past, I am skeptical. Let us not give room for emotions here. Let us stick with the facts & figures.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this in the coming days until then stay safe and trade well.
Note: This is not financial advice. This update is for educational purposes only.
Thank you.
USDT DOMINANCE: BE ALERT!!!Welcome members to this update on USDT.D.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
The USDT dominance is once again at the same supporting trendline from where the dominance has bounced time and again. We need to be extras cautious with our trades cause things could go bearish if the USDT.d bounces from this level. Now, there are several reasons why am I pointing this level to be important.
1. Support: 4.32% is a good support level for USDT.D and there's a high chance that the dominance will leave a quick long shadow behind and then bounce back.
2. RSI: The USDT.D's RSI is at the oversold range and it is so obvious that sooner or later the RSI will move towards the overbought range.
3: BTC & ETH: Major coins like BTC and ETH recently gained some bullish momentum by 5%-6% and if we look at their RSI then it is already at the overbought range.
If we consider all these factors then I guess you have the answer.
Okay, let us consider other probabilities as well.
If the USDT.D breaks down below this supporting trendline then the 4% range is imminent which means BTC and other altcoins will rally higher than their present level.
So, 4.32% is an important level to keep an eye on.
That's it from my end.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
#USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.DOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to USDT.D 4hr quick update by CRYPTOSANDERS.
As we can see at above-mentiond chart that usdt.d broke the lower trend line.
In current scenario its retesting the lower trend line so, here we are expecting a down fall which will be the opportunity for us to take some position in ALT coins.
Will be posting some ALT coin setup in a while.
If USDT.D once again moves inside the triangle pattern then our this chart will be invalidate.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this quick USDT.DOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Hello members, welcome you all to our USDT.D quick update.
As we mentioned in our previous chart that USDT.D should retest the lower trend line for confirmation and it fell right after the breakout.
In the current scenario, it’s also rejected from the blue MA.
So we are expecting it can come down to 4.15% mark which is also a strong support.
Now it’s an opportunity for us to take a position in some ALT coins.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
USDT DOMINANCE BREAKING DOWN!!!Welcome members to this update on USDT Dominance.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.
Let's get back to the chart.
The USDT.D is recently breaking down towards the lower trendline which is at 9% away. But before dropping up to that level, we have slight support at 4.33% which could be a stumbling block and the dominance could bounce back. In both scenarios, I am expecting BTC and the other altcoins to grow.
So, for the USDT dominance, the keep levels to keep an eye on will be 4.33% and 4.05%.
Tell me what you think about the USDT dominance? Will it drop or rally higher?
Let me know in the comments.
I'll see you on my next update.
Thank you.