USDT Dominance within Equidistant Channel and Headed For 20.70% The USDT Dominance Chart on the Monthly Timeframe has remained sideways just under the previous 1.618 Target since about June of 2022, and it has not done anything but find support at the 0.25 Zone of the Equidistant Channel. In that time it has managed to form somewhat of a Bullish Pennant Pattern and if it plays out it would be expected to see the USDT Dominance break above the 1.618 Extension and rise to about 20.70% up at the next major 2.618 Fibonacci Extension.
Usdtdominance
USDCAD Analysis as per Demand Supply ZoneUSDCAD gain strength from Demand Zone of 1.31167 after the US Index gain it strength. The trend changed in bullish from bearish, The USDCAD is now at the key level of 1.34550 and it will shortly drop to 1.33906-1.33580 level for gain more power.
The best time to trade in USDCAD when the market fall to the 1.33906-1.33580 key level and you will found the rejections and then confirmations candles on M30 and H1.
But keep in mind the the analysis based on the technical market behavior and there will be High impact factors news (Ref: Forex Factory) in upcoming weeks it will effect the market momentum by economic calendars changes.
The trading setup as follow;
Entry Point: 1.3378--1.3354
Stop Loss: 1.3298
Take Profit:1.3622
Reasons for the setup;
1- US Dollar Strong
2- Buy Trends
3- Bullish markets channel
Note: When you will found the price rejections candle on H1 or M30 time frame, after a confirmations candle on same time frame will be the validations for the setups.
USDT Dominance Analysis. Hello everyone. I want share my idea about USDT Dominance.
On this index we have little bit different picture than bitcoin here i think is we see some better picture and here is why.
USDT Dominance was consolidating same as bitcoin, we had here some liquidity swings swings and the biggest i have marked.
USDT Dominance is in strong sell which i think will continue but for that i need to see new swing high, this is why i think on bitcoin we will see some big liquidity swing.
Here we have simple scenes of price action.
1 Bullish - Price brake 7.43 LVL making retest and strong going up, brake Fibonacci levels which also strong resistance for USDTD.
2 Bearish - price making same brake out and from Fibonacci LVL coming strong down which has effect on bitcoin and bitcoin going strong up side.
BE PATIENT!!! i will link my idea about bitcoin in this idea.
The key is whether USDT dominance can fall below 6.85-7.27hello?
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(USDT chart)
A rise in the gap broke the previous latest high.
USDT is renewing all-time highs.
(USDC chart)
If USDC continues to gap down below 26.129B, there could be problems with investment products launched for the coin.
Therefore, caution is required if you are investing in coin-related investment products released on the stock market.
(BTC.D chart)
It needs to fall below 47.64-48.80 to trigger an altcoin bull run.
If not, you need to be careful when trading altcoins.
For Altcoins, when BTC is below 29K, the first round of purchases will be made.
In the second round of buying, BTC buys in the 32K-43K range.
I think the time to buy in earnest is when BTC's HA-High indicator on the 1M chart is supported and trying to rise.
Depending on your investment period and trading strategy, short-term trading is possible by selling the first purchase in the second purchase period.
For reference, BTC dominance is expected to touch around 56.78-61.73.
(USDT.D chart)
During this volatility period of USDT dominance, around July 5th-August 2nd, it is finally showing a rise above 7.27.
In the big picture, USDT dominance is expected to break out of the 6.21-8.25 zone before a new trend is formed.
Therefore, it is likely to deviate from the 6.85-7.27 section and in the direction of movement.
For reference, USDT dominance must fall to indicate an upward trend in the coin market.
The next period of volatility is around August 21-28.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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USDT.D : USDT dominanceGood evening
Well, the conditions for the market are really complicated. Looking at the above time, this chart is bullish, which indicates a drop in crypto. But in the 4-hour time frame, we can see the extension up to the desired boxes. I expect to see a decrease until the green box. Checking the Tether chart can help you a lot with your trading in the market.
The analysis is in the high time frame and only shows the way. For trading, you must have your strategy in the short time.
SecondChanceCrypto
⏰ 3/August /23
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
USDT.D DAILY : CRYPTO Hi Guys ,
Everything's show you in chart . do the best
The analysis is in the high time frame and only shows the way. For trading, you must have your strategy in the short time.
SecondChanceCrypto
⏰ 3/August /23
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
BTCUSDT DAILY : DAILY ROADMAPHi Guys Hope you well.
As shown in the chart, we are in a six-month upward trend line. The weakness in the daily chart is clear for the price to rise.
But the important point of changing the structure from downward to upward in the long term of Bitcoin is clear. I expect that with the failure of the trend line, the price correction will be done in the first stage to the range of 26500 and then towards 21000 dollars, which was the origin of the upward movement.
The analysis is in the high time frame and only shows the way. For trading, you must have your strategy in the short time.
SecondChanceCrypto
⏰ 2/August /23
⛔️DYOR
Always do your research.
If you have any questions, you can write them in the comments below and I will answer them.
And please don't forget to support this idea with your likes and comments.
USDT Domination at critical Level the USDT Domination has the Key for the next Market movement, it's really important for the market to breath
now we are at very important level if we break down we are going to have a significant movement for most the Alt coin in our favor way, but if we break up we are going to have another market hiccup for a while
Crypto Total Market Cap : ROADMAPHi Guys,
I update the analysis and show you the new roadmap please check the last one and decide to do what do you like to do.
SecondChanceCrypto
⏰25/JULY/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
BTCUSDT H4: SHORT SETUPHi Guys Hope you well.
As indicated in the chart, you can see 3 selling trading positions. Don't forget to enter the trade in the low time after getting confirmation from the chart. In the first set-up of FVG and in the second and third set-up, the supply area is the place to enter the position. With the excitement on Thursday from the Ripple market court, there was a good growth especially in altcoins, but the exhaustion of the trend is completely evident in Bitcoin, and I expect the end of the uptrend.
Coin market funds are starting to move againHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
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Have a good day.
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(USDT chart)
Looking at the 1D chart,
The gap rose above the HA-High indicator on the 1D chart.
I think this movement of USDT tells us that funds are flowing back into the coin market.
Therefore, since it has started to move away from this short-term sideways, it is expected that the coin market will experience great volatility in terms of the historical USDT flow.
I think the key interpretation method is to use Bollinger bands as a concept of contraction and expansion.
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(USDC chart)
Below 26.129B may trigger a red flag for USDC, so careful trading is required.
Extreme outflows of funds can be dangerous by disrupting the flow of funds, so caution is required.
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(BTC.D chart)
It seems that the HA-High indicator on the 1W chart will be created at the 49.72 point.
Accordingly, it is necessary to check whether it is supported or resisted around 49.72.
BTC dominance is expected to rise around 56.78-61.73 and then pick up its direction again.
Therefore, I think it is advantageous to do day trading or short-term trading when trading altcoins.
If you want to trade altcoins from a mid- to long-term perspective, you need to find and observe the altcoins you want to trade in the BTC 29K-32K range.
Then, you should proceed with the second purchase by looking at the flow of altcoins in the BTC 32K-43K section.
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(USDT.D chart)
It is necessary to check which direction the USDT dominance deviates from the 6.85-7.27 range.
Looking at the big picture, it is expected that the trend of the coin market will be formed only when it moves out of the 6.21-8.25 range.
Therefore, rather than looking at the chart from a day trading perspective, I think it is better to look at the chart from a mid- to long-term perspective and reorganize your trading strategy in the future.
The volatility period for USDT dominance is around July 5th - August 2nd.
I think the key is whether there can be a movement out of the 6.21-8.25 section in this volatility period.
USDT dominance must fall so that the overall flow of the coin market will show an upward trend.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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USDT D. You need to see it!!!Hello Everyone. I shared my idea about USDT D yesterday
But it was with 4h candles. this is second view on high timeframe why I still think USDT D short and why I still think bitcoin bullish movement.
At daily chart we see price downtrend is pretty good, at the moment its new high which actually show us ne high of downtrend, but bitcoin is still in range, for next week with my price prediction, bitcoin will brake resistance and continue up movement, if we look at bitcoin we see bearish strong candles, but i think its nothing when price is in range.
My long position open will be depend on USDT d movement, if price will continue downtrend we will see bitcoin at 45000, if it will not bitcoin will fall again.
I will link in this idea my last idea about this index.
BE PATIENT!!!!
The key is whether the price can sustain a rise above 32259.90Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(BTCUSDT chart)
The calculation formula of the Volume Index Osc indicator included in the 'Vol & Trend' sub-indicator has been changed.
The Volume Index Osc indicator utilizes the formulas of the PVI and NVI indicators to distinguish buying and selling times according to changes in trading volume.
Therefore, the part marked in orange means the time to buy.
For reference, the OBV indicator included in the 'Vol & Trend' sub-indicator shows the increase and decrease in buying and selling forces due to changes in trading volume in accordance with price changes.
(1M chart)
Depending on where the candle closes this month, it is highly likely that a new HA-Low indicator on the 1M chart will be created.
If the HA-Low indicator on the 1M chart is created and it shows support around it, it will be the time to buy the first full-scale from a long-term perspective.
Currently, the HA-Low indicator of the 1M chart is formed at 21023.14.
So, you might ask if the support at 21023.14 was a full-fledged buying period.
The reason I didn't say that it was a full-fledged buying period at 21023.14 was because it was located below the MS-Signal indicator.
Keeping the price above the MS-Signal indicator means that there is a good chance of continuing the uptrend from a trend perspective.
Therefore, if the HA-Low indicator on the 1M chart is generated near the MS-Signal indicator, it is highly likely to show a full-fledged uptrend.
(1W chart)
It rose above the HA-High indicator on the 1W chart and rose above the previous high of 31000.0.
Thus, the basic interpretation method of the HA-High index has been achieved.
If it rises above the support and resistance zone of 32259.90-35286.51, the next previous high is at 48189.84.
Therefore, it is expected to show a move towards the 45135.66 area.
To that end, the HA-High indicator on the 1W chart is expected to rise again and be created.
The 32259.90-35286.51 section corresponds to the boundary between an uptrend and a downtrend when viewed from the big picture, so it is significant that it rises above this section.
If it fails to rise, you should check for support around 26574.53-27590.60.
(1D chart)
As it rose above the HA-High indicator on the 1D chart, it renewed the previous high again.
The 1D chart includes a Trend-Based Fib Extension tool.
The Fibonacci chart on the left is based on a downtrend, while the one on the right is based on an uptrend.
Therefore, if the price holds above 32259.90,
1st: 34197.22-35045.0
2nd: 37253.81
3rd: 39260.17
The key is whether it can break through the above 1st-3rd areas upwards.
The next volatility is around August 21st.
Therefore, it is necessary to check if the trend can be formed by breaking out of the 28923.63-32259.90 area.
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(DXY chart)
(BTC.D chart)
If BTC dominance drops below 50.49, it will be an illusion that an altcoin bull market has begun.
For this illusion to be true, it needs to fall below the 47.64-48.80 zone.
(USDT.D chart)
We need to see if the USDT dominance drops below 6.85 to get resistance.
If not, it is likely to rise above 7.27.
When USDT dominance drops below 6.21, the coin market will feel that the bull market has begun.
BTC dominance rises around 56.78-61.73, and then begins to fall before the real bull market begins.
Therefore, I think it will induce losses for individual investors as it swings up and down before rising to around 56.78-61.73.
Therefore, if you do not want to hold from a long-term perspective, it is better to increase the number of coins (tokens) corresponding to profits while responding in the short term.
Although it is showing a sharp rise due to issues related to the BTC ETF, we must be careful not to cause psychological agitation with this rise as BTC did not rise above the important range of 35045.0-37253.81.
This is because investments, that is, transactions carried out when the psychological state is excited or anxious, are likely to eventually suffer losses even if they are profitable.
Therefore, if the price has risen, you need to check again whether it is supported or resisted at the support and resistance points or sections, and modify and supplement your trading strategy accordingly.
Altcoins that have soared this time are likely to be the first runners, but altcoins are likely to gradually move sideways or decline if BTC dominance maintains an upward trend.
Therefore, if you want to hold it from a long-term perspective, you should pay attention to coins (tokens) that are expanding the coin ecosystem.
Therefore, if you made the first purchase of an altcoin when BTC was below 29K, you must make the second purchase in the range of BTC 32K-43K.
The time to buy an altcoin in earnest is when it rises above the HA-High indicator on the 1M chart and shows support.
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(BTCKRW chart)
The key question is whether the price can rise above 40674000 and sustain the price.
If not,
1st: 39049000
2nd: 37821000
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
USDT D analysis. Bitcoin is ready!Hello Everyone. I want share my idea about USDT Dominance.
USDT Dominance is in range same as Bitcoin, but today we saw strong support brake out, then strong pullback from support.
I think USD Dominance is not strong anymore, but at higher timeframe for example on 1w timeframe its look like this week was liquidity grab and it will go up, this week candle will close in 2 days, I hope at the weekend we will see real and clean movement of USDT dominance, which actually will give us picture what position we need to open on bitcoin.
I still think this index is bearish, I want to show you my 2 scene of this index.
1 Bullish - Price has big reaction at previous support, going to resistance and make brake out.
2 Bearish - price coming back, testing again last support where it has big reaction, then brake it and coming strongly down.
Be patient !!!!
ETHUSDT H4 :SHORT SETUP Hi Guys. Hope you well
If we look at the classical point of view, the head and shoulders are formed in the ceiling and I expect to fall as much as the neck line to the box area. From the point of view of smart Money, there is liquidity above the two ceilings that have been specified, and also the good supply area of the market can hunt the red box and then we can see a fall to the FVG area.
SecondChanceCrypto
⏰13/JULY/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
New changes are expected to begin in the near futureHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(USDT chart)
(1D chart)
The possibility of major changes on the USDT chart is increasing.
When the Bollinger Bands (bollinger bands), which have seen the flow of the historical USDT chart, contracted and expanded, it has shown a large upward trend.
It is necessary to confirm whether this time it will show the same appearance as the previous flow.
If it does not, and it shows a decline below 81.839B, it is expected to create a new wave.
USDT is a fund that plays an important role in supporting the coin market.
Therefore, if USDT turns to a downtrend, it is very likely that the coin market will show a large downtrend, so it is necessary to keep an eye on it.
Currently, it is expected to show an upward trend like the previous trend.
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(USDC chart)
USDC also has a high market cap ranking.
Therefore, it can be seen that funds entering the coin market through USDC also play an important role.
However, if you look at the USDC chart, it continues to show a downward trend.
This downward trend can never be seen as having a good effect on the coin market.
Currently, there are not many trading pairs that can be traded with USDC itself.
Therefore, we have reasonable doubts that we are converting the funds that flowed into the coin market through USDC into USDT.
USDC believes that when a coin market investment product is launched on the stock market, it is operated with funds that maintain and manage (?) this investment product.
Therefore, we believe that a rise in the stock market is likely to lead to a fall in USDC.
In any case, it is clear that USDC is not yet having a significant impact on the coin market as a whole.
If the USDC market starts to be created on exchanges around the world, it is expected that USDC will also have an influence over the coin market.
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(BTC.D chart)
What you can tell from the BTC dominance chart is whether the money in the coin market is concentrated in BTC or altcoins.
Therefore, the rise in BTC dominance can be interpreted as meaning that funds are concentrated towards BTC.
If this movement continues, altcoins will gradually move sideways or decline.
BTC dominance is expected to pick up direction again in the 56.78-61.73 zone.
Therefore, if you are currently trading altcoins, a quick response is required from a short-term perspective.
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(USDT.D chart)
USDT has a USDT market formed on exchanges around the world.
As such, USDT has a great influence across the coin market.
In that sense, the movement of USDT dominance allows us to see the flow of the coin market.
Looking at the big picture right now, I would expect a major trend to form depending on which way the 6.21-8.25 area is deviating.
To do so, it is necessary to check what kind of movement is shown in the 6.85-7.27 section.
An increase in USDT dominance is likely to lead to a decline in the coin market.
Therefore, USDT dominance is, in a way, equivalent to the invert chart of the BTC chart.
However, since USDT is involved in the overall flow of the coin market, it is not necessarily related to the BTC chart.
Therefore, when viewing Market Cap charts (USDT, USDC, BTC.D, USDT.D, TOTAL, TOTAL2, OTHERS, etc.), you should look at several related charts together.
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To sum up,
I think the possibility of a new trend in the coin market is increasing due to changes in the USDT chart and changes in USDT dominance.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
USD vs CRYPTO : macro look, usdt.d in the mix, alt comparisonUSD vs CRYPTO : macro look, usdt.d in the mix, alt comparison
wow lot here but some clear ish macro trends.
seems either 1 of 2 spots, once again. see the flags.
1. dxy aint done. usd pumps to astronomical levels while btc does a big fake pump into huge dump as dxy blows off.
2. dxy is done, loses this key support and rolls over giving risk on assets like btc a huge pump. in this case a % comparison for ADA (i think a good example of 'ave top alt performance') against btc is shown from that bottom. choose your alt wisely, hodl, and ye shall be rewarded.
looking like 2. to me tbh but iam obviously biased.
would love to also see what macro patterns you see here? seeing something different?
gl