USDT.DMagic Prediction for USDT.D . its on the weekly support . ..............................................................................................................................................
Usdtd
USDTD BULLISH Hello Traders there is a huge hidden bullish Divergence on Usdt.D soo, be carefull with your longs and don't forget to take your profits.
Cheers
📈 Tether Dominance, The Final ConfirmationIncredibly enough, some people still have doubt that Bitcoin and the Altcoins will continue to grow.
Here is the final confirmation in the form of a strongly bearish USDT.D chart.
Remember that one mentioning this thing is about "to speed'...
Well, this "thing" has more down to go before it finds support.
At least one more strong red candle, then a small bounce before more lows.
Namaste.
USDT DOMINANCE: ASCENDING TRIANGLE.Hello guys, here's a quick update on the USDT dominance in 2 days timeframe.
The USDT dominance is under an ascending triangle pattern and traditionally this pattern is a bullish pattern. However, breaking out above the resistance trendline isn't something that we wanna see in the dominance. The USDT.D has so far managed to hold both support and resistance levels. With the recent price level close to the support line, things look pretty skeptical. If the dominance bounces back from this support line then we may possibly see a major dump in the market. Rejection below the support line or 7.84% will be a good thing for the market.
Trade safely.
📈 Tether Dominance Chart Updated | USDT.D 7.08% = BTC $20.5KNow that we have a clear picture, now that the bearish bias is basically confirmed... Let's update the chart.
Tether Dominance will drop and we have targets at 0.5 Fib. retracement coinciding with MA200, a sure stop, followed by 0.618 Fib. retracement golden ratio coinciding with value area.
Now, how much would bitcoin grow if USDT.D falls to these levels?
Bitcoin is sitting right now at $16,950 and a drop by USDT.D to the first target of 7.53% would put bitcoin in the $18Ks.
The next target, the Fib. retracement golden ratio, sitting at 7.08% of Tether Dominance, would put bitcoin above $20K....
And that is only the beginning, we are looking at a long-term bearish wave for USDT.D based on the long-term lower high.
Which means that bitcoin can do much more... But we go step by step, this is only how things start.
Namaste.
📈 Tether Dominance Speed...The drop here is about to speed up, the one we mentioned in the last update/trade idea, and additional confirmation is coming in.
12H, USDT.D printed a strong rejection while trying to move back above EMA10 and EMA21
This rejection pushed the index down to below EMA50 as well and the RSI is turning weak.
A sudden drop is about to take place... We don't know if it happens within hours or several days.
As soon as it happens though we can see the inverse reaction for bitcoin, the altcoins, to take place.
A nice jump, everything will move up 1 full level... The relief that we've been waiting for.
Thanks a lot for your continued support.
Feel free to Boost 🚀👍 if you like!
Namaste.
📈 USDTD Bearish Wave! +Bitcoin +Altcoins +2023 & Beyond Mapped!The wait is over...
We are getting confirmation from this chart, the Tether Dominance bearish wave is about to start and likely it will go fast.
USDT tokens will be flowing to bitcoin and the altcoins.
Bitcoin and the altcoins will grow together for a while.
Bitcoin will go ahead after a few weeks while the altcoins stay behind.
Bitcoin will steal the show for a while.
While bitcoin moves ahead the altcoins will enter correction mode/retrace.
Once the altcoins stop their correction it will be bitcoin's turn.
The altcoins will print a higher low and grow, money flowing from bitcoin to the altcoins.
This will create momentum, there will be hype and new players will enter the game.
It will be a small bullish breeze but it will stop once again.
Around March, late... We will be back to the energy/feelings we had in 2021 for 3 long months... It will feel like the end of the world but at the end there is always a new start.
My calculations are pointing to 2-3 months bullish followed by 3-4 months bearish...
Then another consolidation phase at low/bottom prices before the next market phase starts.
2023 will be an interesting year...
The year Crypto Recovers.
2024 will be an interesting year...
The year Crypto Grows.
2025 will be an amazing year...
The next Crypto Bull-Run!
Namaste.
new analysis It's really hard to explain this
but we have a slight downpour, and then about 1 month to 45 days the market is bullish, and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%,
and then we have a terrible fall that many currencies will be destroyed
if you like analysis with me. Join me and make a profit to message me or comment
I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
💥USDTNGN - TO RALLY ABOVE 760 OR DROP TO 730NAIRA is currently indecisive with CMP sitting at 751.8 per dollar. A breakout from this triangle to confirm Naira next direction.
An upward breakout above the resistance zone toward 760 will make NAIRA super bullish to 777 and 800.
A downward breakout will drop price to 735 or more.
What do you expect?🤔
An upward breakout or a drop??
Not a financial advice 🙅🏼♂️
Share your opinion in the comment section✍️
Please support this idea with a 👍 if you find it useful😋
Happy Trading💰💵💸
Tether Dominance Gravestone DojiYesterday's close ended up with a Gravestone Doji.
We have a lower high short and mid-term.
The weekly candle is also weak.
USDT.D Technically bullish with bearish potential starting to develop.
Namaste.
USDT DOMINANCE: MIGHT GET REJECTED.Hey guys, here's an update on the USDT dominance in 8 hours timeframe.
The USDT.D is currently on the verge of getting rejected from the resistance level. Still, we have possible support at 8.5% which may push the price above the resistance trendline. If the dominance gets rejected below the support level then I am expecting a strong rejection soon.
Key points:
1. Rejection from the 8.8% resistance.
2. Possible support at 8.5%.
3. Expected rejection to 7.8%.
Let me know your thoughts and ideas in the comment section.
Thanks for reading.
📈 Tether Dominance Bullish vs Bearish PotentialThe Tether Dominance Index (USDT.D) is now bullish as it continues trading above EMA10.
Let's look at the potential for a reversal; early bearish signals.
- Lower high mid-term. June vs November.
- Decreasing bullish volume. As USDT.D continues to move higher the weekly trading volume goes lower, giving us an early signal of weakness.
- RSI bearish divergence. Divergences tend to happen between tops and bottoms.
These are just early signals and the trend is still bullish but we are looking for a potential reversal.
Tether Dominance moves inverse to bitcoin.
- If USDT.D goes up, BTCUSD goes down.
- If USDT.D goes down, BTCUSD goes up.
That's why we track this index in search for confirmation/additional information to support what we see on the bitcoin and Altcoins charts.
Namaste.
USDT DOMINANCE: STILL HOLDING STRONG.USDT Dominance Update:
The USDT dominance is just not willing to drop down. After a nice 12% bounce from the lower support, the USDT.D is still managing to hold the level. We can see that a new support level (1) has been formed at 8.5% and also the lower support level (2) at 7.88%. Like I said in the previous video, until and unless the dominance breaks down below the support 2 levels, the market will possibly remain bearish.
That's all for now. Let us see what happens next.
Trade safely.
USDT DOMINANCE: A NICE BOUNCE BACK.USDT Dominance Update:
What a bounce back from the support level! Like I said before, until and unless the 7.9% support is broken down, the market cannot be bullish. The USDT.D was way too close to the breakdown point but the dominance changed its direction in no time and here we are with a nice bounce back. Let's hope that this bounce back will not turn into a breakout and further higher rally because if that happens BTC and other altcoins will land into big trouble.
Be watchful guys. I hope this update was helpful for you all.
Trade safely.
💥$TOTAL2 - STRUGGLE CONTINUES✊🏽We all anticipate for the bear to end but charts are proving otherwise. The crypto Total Market Cap Exclude BTC chart shown here indicate that we have liquidity sitting at $208B.
A breakout below the triangle will quicken this bias.
What do you think?
Not a financial advice 🙅🏼♂️
Share your opinion in the comment section✍️
Please support this idea with a 👍 if you find it useful😋
Happy Trading💰💵💸
USDT DOMINANCE: A RALLY OR A BREAKDOWN?The recent bounce in the USDT Dominance is creating fear in the market. The support of 7.9% is quite strong and is not allowing BTC and the altcoins to rally any further. A rally on the dominance up to 8.45% will be fine but all I fear is the breakout above the resistance trendline. If the dominance breaks out above the 8.45% resistance, I fear that we will see another big dump in the market.
The USDT.D is not bearish until and unless it breaks down below the 7.9% support level. All eyes on deck, USDT.D, a rally towards the 8.45% or a breakdown below the 7.9%. Let us see what happens next.
Thank you for reading my post. one like, comment, and share will be highly appreciated.
Trade safely.
Tether Dominance Complete Breakdown | Crypto Will Safe The Day!There is still doubt as to wether Bitcoin will continue growing or not and thats understandable... The Feds, the bear market, the war, the FTX scam, etc. all weight in on peoples mind but the charts are starting to give a clear message.
We have once more the Tether Dominance (USDT.D) chart, which moves inverse to Bitcoin.
Today EMA50 continues to be challenged as support and we see a break below it for the first time since late October.
I mention EMA50 because it is used by us to guage a chart/pair/asset mid-term potential.
USDT.D is looking bearish based on all chart signals and candlestick patterns.
A strong bearish signal is the lower high this November compared to June.
Even while Bitcoin went to print a lower low, November vs June, Tether Dominance ended in a lower high, not matching its inverse relation and sending out a strong bearish signal.
It is possible that Bitcoin can detach from the stock market, it is possible.
It is possible that Bitcoin can grow while the entire world burns, it is possible.
Just think of March 2020 when Covid entered in full force.
Instead of Bitcoin going down it bottomed and then started to grow for more than a year really strong.
We can see something similar with cryptocurrency next year as the world markets burn.
The worst time ever in a lifetime can come and cryptocurrency stay around to safe the day.
This is just a possibility but it happened with Covid and it can surely happen again.
Namaste.
Let's see what do we have here #USDTDAlright everyone after a long time that i was absent from the market,lets start again with #USDT.
There are 2 options that it can go through,if this 4h support got out of the way,we can see some green candles in crypto market
USDT DOMINANCE: HOLDING THE 2ND SUPPORT LEVEL.Hello traders, here's an update on the USDT dominance in 8 hours timeframe.
This 8 hours chart looks interesting as the market is making some bullish moves. Recently, we saw the dominance getting rejected from the previous 8.16% support level (currently, a resistance). It dropped close to -5% in the last 24 hours but couldn't break down below the 7.9% support level. Now, this support is crucial for the dominance to hold on to because if this breaks, the USDT.D could drop as low as 7%. For now, the USDT dominance is bouncing back and the RSI is backing up this bounce. If the bounce continues then 8.18% is the resistance and after that, we can expect a drop. Breakout and close above the resistance will invalidate the rejection.
That's it for now. I hope this update was helpful to you. Make sure you like, share, and comment.
Thank you, guys, and trade safely.
Tether Dominance Aims Down At 7.12% (10% Drop)Yesterday Tether Dominance (USDT.D) closed below EMA10 and today we have a full bearish candle.
The drop is about to speed up.
We see EMA50 as the next support line at 7.94%, but looking back this line is always pierced and MA200 has been the main support.
MA200 is sitting at 7.12%, this is where we think stands the first/main support.
As Tether Dominance goes down, Bitcoin goes up.
We can see at least 1 week bearish, 7 days, to start...
As this move develop, we can gain more data and figure out for how much longer this correction will go.
Namaste.
USDT DOMINANCE: STILL UNDER THE SUPPORT.Hello traders, here's a quick update on USDT dominance.
We saw how the USDT.D made a sudden move lately and now it is dropping down again which means BTC and other altcoins are in green. Things may look good as the market is rallying up but let us not ignore the support that the dominance is holding. If the USDT.D breaks below the 8.18% support level, we may consider some good moves in the market.
If you are scalping this current market then it is better to book the profits as much as possible.
That's it for now. I will update more on it according to the market trend.
Trade safely.
USDT DOMINANCE: HANGING BY A THREAD.Hello awesome people. I hope you all are doing great.
Things are pretty uncertain as the market has hovered around the same level for the last 5 days. For instant, look at this USDT dominance chart. It looks similar to the descending triangle, breaking down below the support level, retesting, and rejecting. Chart-wise, it looks bearish but if we look at the RSI levels, it is close to the oversold zone. It is quite possible that we may see a few more reds close to 8% letting the traders believe that it is a bearish confirmation and then bang, a quick pump out of nowhere.
Now, I wanna be wrong in this case but I never play with my emotions, I always follow the chart patterns and the fundamentals. So, as per the current market scenario, I would like to step aside and let the market make its first move which is the weekly close.
What do you have to say about the current market scenario?
Tether Dominance Mixed Signals + Bearish PotentialI will now read the Tether Dominance (USDT.D) chart for you but let's keep in mind that this one is tricky, it fooled us several times in the past.
We have some mixed signals.
We have a lower high (Nov. vs June) based on candle wick and a higher higher based on candle close.
We have the same pattern forming now as it happened back in June.
A correction pattern.
USDT.D is likely to move lower to test MA200, the black line on the chart.
We see here only a short-term correction.
If this goes down Bitcoin goes up.
But as it finds support, Bitcoin finds resistance and things turn.
I am mentioning this to keep in mind that any Bitcoin rally should be considered a relief rally so stay on the lookout, not to get complacent in a matter of days.
USDT.D daily below EMA10 signals bearish potential but this is a weak signal at this point.
Lower highs is also bearish yet these signals lack strength.
It is a bit mixed because we have a bullish trend maybe entering a correction in a matter of days.
We are reading bearish signals on a bullish trend.
We specialize in looking for reversals/trend change; that's why.
Namaste.
