Bitcoin Dominance Chart Update !!The Bitcoin Dominance Weekly Chart presents a comprehensive long-term view of BTC dominance.
Bitcoin dominance is moving within a long-term rising channel. The upper and lower trendlines of the channel have been tested multiple times, indicating a well-respected structure.
BTC dominance is approaching a key resistance zone between 57-58%. This zone has acted as both support and resistance in the past, as highlighted by the yellow box.
The recent upward momentum suggests a potential challenge of this resistance zone, but failure to break above it could lead to a reversal.
If BTC dominance is rejected from this resistance, it could start trending downwards within the channel, potentially retesting lower levels around 40-45% (as indicated by the red dotted line).
A decline in BTC dominance could signal strength in altcoins, as capital may flow from BTC to other cryptocurrencies.
If Bitcoin dominance breaks above the 58% resistance zone, we could see further gains up to the next major resistance near 64-65%, as suggested by the green dotted line.
This breakout would signify BTC outperforming other cryptocurrencies, potentially signaling market consolidation around Bitcoin.
This weekly chart is critical for understanding broader crypto market movements, as BTC dominance plays a key role in determining capital flows between Bitcoin and altcoins.
Would you like any further details or adjustments to this analysis?
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other altcoin.
@Peter_CSAdmin
Usdtdominance
USDT Dominance Rebounded from the Support!Hello Traders,
I hope you are all doing well.
USDT dominance has rebounded as per our previous analysis. It bounced perfectly off the 5.20% support trendline, causing BTC and other altcoins to drop.
If the dominance continues to rally from here, be prepared for a significant market crash. On the positive side, this could present a good opportunity to buy BTC and some altcoins at lower prices.
For now, consider staying in USDT and avoiding high-leverage long trades. Be cautious and always conduct your own research before investing.
Thanks.
% USDT Dominance is giving us the bigger picture.I have been trying to scalp trade crypto profitable since 2017. After looking at all the wrong places I concluded that TA in USDT Dom chart is the best way to go. Just keeping everything clean and understandable with Price Action in DOM chart you can see the big picture for the market, even on lower TF.
At 1H TF Dom will retest the 5.70% level leading to a market dump the following 10-12 days before it starts to drop and lead the bullish cycle mid/end of October.
USDT.D Wyckoff Distribution Profile - Bullish Q4 Upon UsUSDT.D Distributing as BTC accumulates.... The Perfect Storm and great times ahead in Q4 are upon us!
As BTC sets up in its accumulation range near perfectly aligned to the accumulation schematic i shared prior.
USDT.D is setting up near perfectly according to the Wyckoff distribution schematic too, which is no surprise as their relationship is inverse.
A pullback is needed and forming in the market, forming phase 3 of the profile into last points of support and last points of supply.
Phase D to follow - The expansion out of the range, leading us into a beautiful Q4!
Just as BTC looks to be in an accumulation range, USDT.D looks like its forming a local distribution range as expected at these levels and as ive said plenty of times prior.
When I delve into the daily TF it becomes more apparent and easier to see, just like it is on the BTC accumulation range.
USDT.D has pushed into the FVG i was looking at and come lower into the range lows and closed bearish on the daily below the prior swing low indicating weakness.
USDT.D is naturally having a pullback now after taking SSL and filling all the FVGs in the range, and BTC and the market is also having a pullback as this trends up with it being inverse.
As im seeing this as a distribution range, i expect this to push back into the upper bound of the range into supply and form a last point of supply in a distribution profile, before continuing bearish pro trend and truly breaking to the downside throughout Q4. This is the same as my BTC analysis where im looking for a BTC pullback into a LPS before continued upside into new ATHs.
This in turn sets us up for a bullish Q4 in the market as USDT.D breaks down bearish pro trend and into the HTF targets around 3.73%, whilst BTC pushes into new ATHs alongside a bullish market.
We are not prepared enough for whats to follow 🚀
Usdt Dom & Where is the market going on?Usdt Dom 1D chart;
First of all, we see that it is at the bottom level within the ascending channel.
If it closes below the level I indicated as +OB, the trend direction will change downwards.
However, since this has not happened yet, we cannot say that this chart will fall.
It is exactly this level that makes me think the most.
So what exactly am I waiting for?
If the day closes below +OB, a decline may come down to the white trend line at the bottom. This is exactly the 3.23% level. If this happens, I will not delay my purchases.
However, if it sticks to the trend channel it is in and an upward reaction comes from here, it is possible to rise up to the 6% level first.
Now you know exactly what this means.
Bearish Outlook on USDT Dominance (USDT.D)Hello Everyone! 👋
I hope you’re all doing well. I’ve shared my thoughts on the USDT.D price in the chart below. I believe this analysis could be useful for your trading decisions.
📈 Rationale:
Market Dynamics:
A decrease in USDT dominance typically reflects a shift in investor confidence toward altcoins, leading to increased liquidity and buying pressure.
Technical Analysis:
Recent price action indicates weakening in USDT.D. Indicators such as support a bearish outlook.
Impending Breakout:
A break below 4.28% to 4.31% could trigger swift market reactions, providing ample trading opportunities.
CRYPTOCAP:USDT.D
Best Regards
USDT.DOMINANCE 1DAY CHART UPDATE !!The chart displays an ascending channel (white lines) where USDT dominance has been trending upward since around April. The price has touched both the support and resistance lines multiple times, indicating that USDT's dominance is respecting this pattern.
Currently, USDT dominance is at 5.27%, near the lower bound of the ascending channel. The chart suggests this is a potential support level, and the price may bounce from here based on previous behavior.
The yellow line could represent a moving average, which is currently sloping upwards, further supporting the potential for a continued increase in dominance.
The green curve suggests a possible bullish path, leading USDT dominance to potentially rise to the 6.60% level, possibly aiming for the 7.00% mark as indicated by the upper brown box.
The brown zone around 7.00% has historically been a resistance level. The area between 4.56% (orange line) and the lower red zone has acted as significant support.
This suggests a likely increase in USDT dominance in the coming weeks, with a potential upside toward the 6.60-7.00% zone. Would you like a more detailed interpretation or further analysis of its potential market impact?
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
USDT Dominance Update: Its Time to be Cautious!USDT dominance is down 15% since our last update. This drop has allowed BTC and other altcoins to rally, and the trend is still ongoing.
The recent chart indicates the continuation of the bearish move, with the current dominance at 5.48%. It has yet to test the support trendline, meaning the market still has some room for the rally to continue.
However, we’ve reached a point where caution is necessary. If we see a rebound in USDT.D on the daily chart, it will signal an exit from all long positions and a shift to short positions.
Our current targets are 5.20% for USDT.D and $69K for BTC.
I will keep you updated, so stay tuned and follow if you haven’t already.
Make sure to conduct thorough research and analysis before making any decisions.
Regards,
Team Dexter
#USDT #Crypto
USDTD important to whole crypto market ‼️ ❣️Already we are seeing present CRYPTOCAP:BTC.D is dumping with BITSTAMP:BTCUSD
Sign they money 💰 is going out 😬
Is really big player going out 😬 ??? Or manipulation before big players in 🟡📌
To get know only metric index we have CRYPTOCAP:USDT.D
above red ♥️ box day close 📌 whole market dump comfirm 👍
BINANCE:BTCUSDT won't go new low 🔅 instead test FWB:25K below 📍 ALTS will make new low 🔅
Below yellow 🟡 box day close 📌 present dump is nothing but manipulation ⚡
BITSTAMP:BTCUSD pump & CRYPTOCAP:BTC.D is important role for alts then
If USDTD reach 9% just BUY #BTC
If USDTD reach below yellow 💛 box meanwhile BTCD also dumping buy alts if pump 📌 sell alts
Understand index with market is very important ☺️
I already made CRYPTOCAP:BTC.D chart 📉 analysis ⏰ when to buy alts once I got cleared view i will update under that post ⁉️ this CRYPTOCAP:USDT.D is important only for BITSTAMP:BTCUSD
USDT Dominance is bearishFrom where we entered "start" on the chart, it seems that the dominance correction has started.
It looks like we have an ABC on the chart that we are now at the end of wave B.
Wave B seems to be symmetrical, which is symmetrical in wave i.
It seems that after the completion of wave B, we have a bearish wave C for dominance.
The targets are listed on the chart.
Wave B is expected to end this month (September) or October.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Will USDT Dominance Surge or Sink in September?I anticipate that USDT dominance will stay relatively strong, with price action likely remaining in the upper part of the wedge for most of September, a month that could be quite volatile. I expect a breakout from the wedge in October, indicating a decrease in USDT dominance and a rally for strong crypto assets. Given the potential volatility in September, having additional capital to buy dips could prove advantageous.
USDT Dominance: A Major Move is on the Horizon!Guys! Get Ready!!!
The USDT Dominance is indicating something important, and you all need to pay attention to this.
USDT.D has reached the resistance trendline and is likely to be rejected down to 5.20% — a 20% drop. This would be great for BTC and the altcoins.
The RSI is forming a bearish divergence, suggesting a rejection of the dominance is coming soon.
If this rejection happens, it will present some good opportunities for us to enter long positions.
Stay cautious and trade safely.
More updates coming soon.
If you find this post helpful, show your support with a like, share, and comment.
Regards,
Team Dexter.
#cryptocurrency #USDT
USDT Dominance: The Rejection Is Near!USDT dominance is approaching the resistance trendline. The current movement resembles a double-top pattern, and we might see a slight push before a potential rejection.
The RSI is losing momentum, indicating a significant bearish move for dominance. If USDT.D drops, it could be a positive sign for BTC and altcoins.
I’ll be analyzing altcoins accordingly, so if you have any preferences, feel free to let me know.
Trade safely.
Regards,
Team Dexter
#USDT #cryptomarket
#USDT : Your Key to a Beautiful Green Winter!Is this rational? Absolutely!
Is this possible? Without a doubt!
BTC Dominance may keep rising for the next few weeks followed by a very strong rejection.
You'll see double and even triple-digit gains in a single day in altcoins.
Don’t sell your BTC and altcoins for cheap just yet.
We may see a bit more of this boring price action and possibly one last shakeout, but things are about to change quickly.
Thank me later, but for now, bookmark this post.
Big moves are coming!
Based on these two charts, I'll share 10 ALTCOINS with Entry and Exit points for the bull run.
So make sure you like and RT if you want me to post them soon!
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
Party is over for USDT.DThis is a huge , an ascending giant channel from early 2018 broke and retested . By the next year this time if they haven’t already done printing billions more of usdt ,the share of the market would be so small that nobody goes to take it seriously for market movements .
Have patience lads we gonna make it soon .
Usdt.D ; bullrun map .Second chart tonight , same as previous chart ( bitcoin ) here we have a channel that candles respect some levels . In time based cycles we are at the time for bullrun and we might start it at the very level 1 which is shown in light red circle, this one is more possible of course after some game playing, circle 2 could be definitely a bullrun point and life changing opportunity but less likely to happen. Tbh i give it a very tiny small chance and I'm gonna invest very heavily probably twice as this moment if we get there but as I said i think we wont and the top of the channel is to fool traders and make them short and to get liquidated eventually . Next chart for tonight would be the same usdt.d but logarithmic and a huge one .
Located in an important trend reversal zoneHello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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(1D chart)
USDT dominance is located in an important reversal zone.
It is an important point to watch whether it can meet resistance near the M-Signal indicator of the 1M chart and fall below the M-Signal indicator of the 1W chart, creating a state where the M-Signal of the 1D chart < M-Signal of the 1W chart < M-Signal of the 1M chart.
Since the decline in USDT dominance is likely to show an upward trend in the overall coin market, if the M-Signal indicator reverses this time, a trend reversal is expected.
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(BTCUSDT 1D chart)
Accordingly, the 61099.25 point is an important support and resistance zone.
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Have a good time.
Thank you.
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USDT Dominance: 11% drop Incoming!USDT Dominance Update
USDT.D is likely to drop 11% from its current level. On the daily timeframe, USDT.D has formed a bearish flag pattern and has already been rejected from the resistance trendline.
If USDT.D drops as expected, be ready for some greens in the market.
However, if dominance makes a pump, the resistance trendline could still hold the price.
Note: Trade with a proper stop-loss and use low leverage to stay on the safer side.
Make sure you do your own research and analysis before investing.
Trade safely.
Regards,
Team Dexter.
#USDT #Tether #cryptocurrency
USDT Dominance (USDT.D) Short Update. USDT dominance is currently trading within a symmetrical triangle formation. The price has been recently rejected at the Ichimoku Cloud resistance level, leading to a slight pullback. However, the 200-day moving average (200MA) remains a key support level beneath the current price, suggesting the potential for a bounce if the price reaches this area.
If USDTD breaks below the 200MA, this could indicate a decline in dominance, which may lead to an upward movement in the broader cryptocurrency market. Traders should keep a close eye on these technical levels to anticipate a possible breakout or breakdown, which could provide insight into the next significant market move.
Stay vigilant and adjust your strategies according to these key technical indicators.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
USDT.DOMINANCE 1DAY CHART UPDATE !!USDT dominance is currently holding above the critical support level of 5.20%. A bounce from this level could lead to a retest of the 6.00% resistance, with a potential breakout targeting 7.00%. Conversely, a break below 5.20% might lead to a decline towards 4.56%. Traders should watch volume and RSI signals to gauge market sentiment and potential reversal points.
Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!