USDT DOMINANCE: REJECTION EXPECTED.Hello traders, I hope you all are doing well.
Here's a quick update on the USDT dominance update in a daily timeframe. The USDT.D has reached the resistance level and now we can expect a rejection straight down toward 6%. We still have the 7.25% support level which might hold the dominance for some time. If the rejection happens then BTC and other altcoins will have room to rally.
The invalidation point will be the breakout above 7.8%
Trade safely, guys.
Usdtd
USDT DOMINANCE: A POSSIBLE MOVE TO 7.8%Hello traders, here's a quick update on USDT dominance in a daily timeframe.
The USDT.D has been moving forward slowly and steadily and as the trendline was set a long time back, the 7.8% resistance level is quite possible. This means either this week or by next week, the USDT dominance might possibly reject. All we need is the dominance not to break out above the 7.8% level or else it will be a big threat to the market. With BTC, If the USDT.D reaches 7.8% then BTC might drop further toward $26.6k.
Key points:
1. Breakout above 7.8% will be an invalidation point for the rejection.
2. 21 MA, still a good support for the USDT.D.
That's all for now. Trade safely.
USDT DOMINANCE: 21 MA SUPPORT.The USDT Dominance has surely been rejected by the horizontal resistance line at 7.25% but 21 MA is not giving up so easily. It is acting as a support for the USDT.D. All we need to see is whether the 21 MA can hold the dominance or not. A further drop will bring the USDT.D close to 6.3% and if bounces back then 7.7%.
I hope the daily close on the dominance will bring some confirmation.
Trade safely.
📈 Tether Dominance | Long-Term Lower Highs Bearish ConfirmationTether Dominance has been fighting to stay above EMA50 weekly since the year started, January 2023 and things aren't looking good for this index.
✔️ When Tether Dominance (USDT.D) goes down, everything Crypto (Bitcoin + Altcoins) goes up.
Tether Dominance closed last week above EMA10/21 just to be pushed lower once more, EMA50 working as support.
The longer a support level is challenged, the weaker it becomes.
Four and a half month EMA50 becoming weaker and weaker...
Since June 2022 we get lower high after lower high... Confirming the bears have the upper hand or else we would be seeing higher highs instead.
There are more bearish signals:
Trading volume keeps going lower and lower.
The RSI continues moving lower and lower, now below 50.
Bitcoin has one more bullish wave to give and we have an inverse relation between these...
It is the same chart, the same pattern we've been looking at now for many months... USDT.D peaking and consolidating before the next drop (distribution).
The longer it takes to break down, the stronger the drop when it comes.
It is very hard to invalidate this chart setup...
We would need to see a weekly close above 8.25%... So far it continues looking red.
This is confirmation. A bullish signal for Bitcoin and the Altcoins.
Thanks a lot for your continued support.
Namaste.
USDT.D🔵🐇 💵 #USDT.D | 1 H
🪄Usdt.d Based On Fresh Liquidity and Order Blocks and Structures
📍There are two area for usdt.d short term reaction
and making a bullish temporary pivot
Watch out
Usdt.d Move Opposite of Bitcoin
#eth #btc #bitcoin #ethereum #cryptocurrency #crypto #Trade #trading #Invest #Trader #Signal #forex #Scalp #altcoins #chart #RTM #ICT
@Aliceinmoneyland
TETHER DOMINANCE more gain 💣🚀Hello 🐋
Based on the chart, the price is close to the support area and parallel channel support ✔️👌
if
the price doesn't break the support zone to the downside, we will see brief gain again 💣🚀
and
in long time more correction expected 💣🚀💣
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
USDT DOMINANCE BOUNCED BACK.The USDT Dominance bounced back strong which lead BTC and other altcoins to drop pretty badly. If the USDT.D continues to make more greens then we can expect a further drop in the market. As this chart is on a daily timeframe so we can expect some fluctuation in the hourly timeframe.
For now, I am staying away from leverage trading and trying to accumulate more on spot.
USDT DOMINANCE: STILL MORE ROOM FOR A DOWNFALL.Hello folks, welcome to this daily update on USDT dominance.
We have seen a significant drop in the USDT.D recently, resulting in a good rally for BTC and other altcoins. Looking into this daily chart, I am analyzing more downfalls in the coming days. With the dominance currently at 6.63%, I am expecting it to drop close to 6.25% which means, BTC and other altcoins have still some more room left for a green rally.
Also, we need to be careful here because BTC has a strong resistance at around $30k to $33k. If we compare these two charts side-by-side, it is most likely possible that the dominance will drop to 6.3% and BTC will rally close to BER:33K and then a correction to cool down the situation.
This is my observation as per the analysis. You might have a different POV so do not hesitate to write it down in the comment box.
Thank you for reading this update. I hope this will be helpful for you to make better trading decisions.
Trade safely.
ZEC to hunt 50 Weekly Moving AVGI have been monitoring the ZCASH / ZEC for a while, it's lookin so bullish, it's golden opportunity to get long until 70$ with the stop loss of $40
we could see a little pullback before going to 70$
this is definitely a financial advice, manage your risk well. don't forget to put stoploss
📈 Tether Dominance Monthly & The End Of The WorldWe looked at this timeframe once in the past and this is a very important one.
Tether Dominance closed last month on a strongly bearish candle, this month it is moving again below EMA10... USDT.D has been below EMA10 monthly only a few sessions in its entire existence... This is a major development and ultra-bullish for the Cryptocurrency market; Bitcoin & Altcoins growth.
It is really hard to belief because the world is ending for the 1 millionth time and as the world ends it is impossible to imagine anything positive happening but remember, the world has been ending ever since the day it was borne.
Listen, when something, somewhere goes down, something else in some other place goes up.
For example, the end of the world was Covid or the 2008 financial crisis, or 1929, or the revolution, or the World War, etc... It continues, it never really ends...
Back to my point, when Covid was launched, a huge portion of the world was hit very, very baldly but at the same time an entire portion that was suffering for a long time started to thrive.
My point is that energy cannot be created or destroyed it changes from one state to another.
✔️ If one industry goes down, another goes up.
✔️ If one country is going down, another one is rising up.
✔️ If a system is dying, a new one is being born.
Yes, there is negative in this world but look at the positive...
The positive is us, LIFE!
The world is not over... It is never ending, it is ETERNAL!
Get back to work!
Namaste.
USDT.D🐇USDT.D
🪄 We Have 2 Liquidity Zone In USDT.D ( Red Zone ) . these two area are not fresh anymore because price reached Them Once ! We Have Two Fresh Liquidity Area ( Green Zone ) . If USDT.D reach around them you can check that for opposite position in crypto market for short term ! Do Not Forget USDT.D Move Against Crypto Market !
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📈 Tether Dominance Replete Of Bearish SignalsSince everything I share is bullish, it is good to read the Tether Dominance chart to look at some of the bearish signals, for learning and entertainment.
We have the lower highs mixed with candlestick reading.
1) The inverted hammer as a lower high (double strength).
2) Doji after lower high inverted hammer (triple strength bearish signal).
3) Rejection at EMA10 and EMA21 (additional confirmation more strength to previously noted bearish signals).
4) MACD moves below 0 trading below signal line.
5) RSI trending lower and downtrend since June 2022.
We want to see the action... Let it drop!
Let the entire Cryptocurrency (Bitcoin + Altcoins) market go up.
Namaste.
BTC.D at resistance... time for Alts to shine? BTC.D is clearly at the top of this macro range.
USDT.D is also dropping.
This means we may see a mini alt season as alts follow BTC's recent rally.
One counter-argument is ETH Shanghai update - Lots of staked ETH will be (is?) getting unlocked, which could create a lot of sell pressure.
Some very crypto/finance savvy friends are shorting ETH here.
ETH makes up a huge % of TOTAL2 (altcoin market cap), so if ETH does start selling off, this idea will be invalidated, USDT.D will pump instead, and alts will bleed.
Good luck out there...
Happy trades
CD
USDT.DYou Can Looking For ShortTerm Long On CryptoMarket Around Usdt.d Liquidity zone Level as a resistance
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📈 Tether Dominance Monthly, First Time Ever! (4.10% Next)This is the first time ever we look at Tether Dominance on the monthly timeframe.
This is extreme bearishness what I am seeing here.
Let's start at the end, the stage is set for a drop to 4.10% minimum, that's the conclusion.
I mentioned that this would translate to Bitcoin at around ~$40,000.
Notice the "~" symbol, which means more or less as it should range between $38,000 and $42,000 when the time comes, which is soon.
USDT.D already printed an upper wick and trading near the low of the current session/candle.
The current candle trades below EMA10 on a very, very strong bearish bias.
✔️We have a massive rising wedge that already broke bearish.
✔️We have lower highs long-term (more than 6 months).
✔️And volume going lower and lower.
The volume will only increase again when the major drop comes.
As USDT.D goes down, Bitcoin and the Altcoins goes up.
✔️ Please make sure to Boost to help with your support.
Thank you for reading.
Namaste.
📈 Tether Dominance Long-Term Bearish Trend ConfirmedLast week closed as an inverted hammer and this was the "last hooray".
EMA50 still stands as support but we have multiple lower highs since June 2022.
The weekly MACD just entered the bearish zone:
The weekly RSI is also showing a strong bearish bias:
All the USDT (Tether) will be used to buy Bitcoin and Altcoins.
Here we can see clearly on the daily timeframe how MA200 has been lost as support:
Below this level Tether Dominance is always bearish.
Notice bear volume being at its highest since November 2022 when USDT.D started to decline.
The next drop will send USDT.D to around 4.81%, a major drop.
This is the level it traded at around April 2022, this would mean Bitcoin trading at about $40,000.
There is strong support at this level just as Bitcoin will face strong resistance at $40k.
Everything is pointing in the same direction... Bitcoin will grow like the world is ending... But the world isn't ending, it is just the end of an era where a new financial system will emerge.
✔️ Bitcoin is the future of money.
✔️ Cryptocurrency is the future money.
✔️ Bitcoin is the present of money.
✔️ Bitcoin is very likely to save us from another 2008.
Namaste.
USDT.DAs mentioned in the previous analysis, Dominance Tether also reached the support range as expected and we saw growth in the market as a whole, but we are still involved in a very strong range of 6.5 to 7.3% in Dominance Tether, which is more likely to break out of the bottom with time correction. Which will naturally lead to breaking the ceiling of 26000 in Bitcoin and moving towards higher goals. In the meantime, with this index suffering at the bottom and ceiling of this range and even retesting the downward trend line according to the Bitcoin Dominance analysis, we can correct the price of altcoins and suffer or correct the price of Bitcoin.
USDT DOMINANCE: AT THE SUPPORTHello traders, in this USDT Dominance chart I am not gonna explain much because you guys are smart enough to understand what the USDT chart is trying to say. The daily close is three hours away and if the USDT.D bounces back instead of breaking down and closing below the 6.5% support level then BTC and other altcoins will bleed once again. A breakdown below the 6.5% support will be a great relief for the market.
Let us wait and watch for the daily close.
Thank you and trade safely.
USDT Dominance Downward from supply zone. USDT.D updateHello my friends, Consider USDT market cap to help identify market movement, Everything is marked on the chart. The ascending trend has been broken and for now retesting as a pullback to 7.8 - 8% that we expected, then it will drops to 6-5.5%.
Good luck.
If its useful please like it as a support and follow me for next analysis :)