USDT D Order Flow continuesas my view USDT D continue to down trend, but at this point USDT D will bouns back to the valid sell areas, its can effect to the all ALT market to hardly, NFA
USDT.D trade ideas
$USDT Dominance BREAKS OUT of 232 Day Parallel ChannelCRYPTOCAP:USDT Dominance has broken out and Closed below its 232 Day Parallel Channel.
Expecting a test on the 200DMA.
Once that breaks, and we get the Death-Cross, CRYPTO GOES PARABOLIC
I’ll post a full breakdown of the Weekly Close on Sunday.
End of cycle target will be 2.5%
USDT.DWe expect two types of correction scenarios. 1- In the form of erosion correction. 2- Correction to the Fibo range, so I think the price will continue to fall.
USDT.D 1H update - Oct 16 2024While BTC has touched levels above 66,500 (not a solid daily close yet), USDT dominance has not yet broken below the 5.21% level and some bullish signs are visible. Since the chart has reached a time element in 1H timeframe and will reach the 4H time element by Friday, we might see some upward reaction in USDT.D meaning that there will probably be some dump in the market.
if demand doesn't add up in USDT.D, it will break the support zone and the entire market will pump following a daily close below the 5.21% level.
As it's already stated, market's in a critical zone atm.
Tether dominance is approaching a crucial support trendline, act#USDT.D
👀
This trendline has been a key level for market sentiment since its formation☝️
For a bullish market turn or potential altseason, dominance needs to break below this support📉
Bearish scenario: rebound from the support trendline🔺
USDT.D Breakout: A Bullish Signal on the Horizon?The asset has been consolidating within an ascending channel. A breakdown below this channel could potentially signal the initiation of a bullish market trend. However, a pullback to retest the broken channel is a likely scenario. Despite the challenges in analyzing USDT.D due to its unique market dynamics, the asset's reaction to the channel cannot be overlooked. Overall, a bullish outlook is maintained post-breakout, unless the price retraces back into the channel.
USDT.D Incoming bearish reversal and a bullish market and Q4!Im loving the look of USDT.D right now, it looks so bearish with the recent HTF closes. It looks done for and in the perfect wyckoff distribution.
Following the plan to a T, rejecting off the 5.90% level as discussed in the prior analysis where this was a key resistance level from the first PSY event. Price has refused to push to the upper limit of the range, rejecting from the last supply point and PSY in the range, formed a swing high on the daily, swept that high and is now continuing to distribute lower in line with the HTF picture.
This does look like a local top here following the last points of supply and we could be putting in local bottoms in the market.
Market could start its next run higher anytime over the next couple weeks now! Be patient, we are almost there!
USDT.D - Just for funThe closer to the green line (and the longer it stays near), the stronger the bull market.
My guess is that crypto will pull back in the coming weeks and then open the doors to the bull market of this halving.
Key Zone For The Next Pump or Dump?Bitcoin's trend for the next few days/weeks should depend on how this chart plays out at this particular level. A breakdown to the 4.61% USDT Market Dominance area should give us a pump to Bitcoin's all time highs. On the other hand, a move to the 6.39% zone should make us go back below 60k. Fingers crossed. Fun, exciting times ahead.
USDT.D Important update - Oct 14 2024In the previous analysis we were expecting #USDT dominance to reach 5.99% level and above. But after hitting 5.92% level, it has been dropping.
Crucial moments are drawing near as 5.21% - 5.31% support zone is indeed the decisive zone for the entire market.
A daily close below the mentioned zone shall result in a heavy pump in the market. (given the fact that it means the long term ascending trendline (yellow) gets broken in that case.)
If the support zone stops USDT.D from further drop, BTC and the market shall dump again.
USDT Dominance: Be Cautious!USDT dominance is once again approaching its support trendline. Since March 2024, this trendline has been holding, and for the market to turn bullish or for an altseason to begin, USDT.D must break below this support trendline.
However, we need to be cautious about a rebound. If USDT dominance rebounds from the support, BTC and other altcoins are likely to experience another bearish move.
Important Points:
~ Support Trendline: 5.30%
~ Bearish Scenario for the Market: A rebound from the support trendline.
~ Bullish Scenario for the Market: A breakdown and close below the support trendline.
Note: Always do your own research and analysis before investing.
USDT Dominance UpdateThis analysis is an update of the analysis you see in the "Related publications" section
According to the previous analysis, the pump was done and reached the yellow range and then we saw a drop.
Upon further investigation, we found that the drop may not reach the previously analyzed areas.
Therefore, we have prepared an update.
Due to the strength of the drop, the up move does not look like a triangle and we see an ABC wave, we are now in wave B.
Wave B seems to be a diametric, which we are in the final wave (wave g).
From the green range, it can make a strong retracement upwards. Watch out for the green area.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BULL MARKET### USDT Dominance (USDT.D) Short-Term Trading Analysis and Bull Market Correlation
#### **1. Chart Pattern and Candlestick**
On the **USDT.D** chart, we can observe a **rising wedge** or **ascending channel** pattern, which indicates a potential downside breakout. This pattern often leads to a bearish move, implying that if USDT dominance decreases, more liquidity is expected to flow into risk assets like altcoins and Bitcoin, signaling a potential **bull market**.
In terms of **candlestick analysis**, the last few candles have shown weak upward momentum, suggesting that while there is still some bullish sentiment in USDT.D, it is weakening.
#### **2. Fibonacci Retracement**
Key levels from the Fibonacci retracement include:
- **61.8%** at around 5.96% — currently acting as a resistance.
- **38.2%** at 7.30% — this level was a prior strong resistance.
- A breakdown below 61.8% would likely lead to a test of the **100% level** at 3.78%, a significant long-term support.
If USDT.D fails to break above the 61.8% level, it suggests a possible reversal. A drop in USDT.D usually correlates with a **bullish run** in the broader cryptocurrency market.
#### **3. MACD and Stochastic RSI Indicators**
- **MACD**: The MACD histogram shows weakening momentum, and there's a possibility of a **bearish crossover**, which would confirm a bearish outlook for USDT dominance.
- **Stochastic RSI**: With Stochastic RSI hovering at **overbought** levels (81.99), a reversal downward seems likely. This could further push USDT.D down, boosting risk appetite for cryptocurrencies.
#### **4. Divergence**
Currently, there’s no significant **divergence** between the price movement and the momentum indicators, but the overbought signals from Stochastic RSI suggest that a short-term reversal is likely.
#### **5. Market Probability and Economic Catalysts**
- **Short-Term Outlook**: The combination of a bearish **rising wedge** pattern, overbought **Stochastic RSI**, and a potential MACD cross suggests a high probability of a short-term correction in USDT dominance, which could ignite a **bull market**.
#### **Bull Market Correlation**
A decrease in USDT dominance indicates that investors are moving capital out of stablecoins (such as USDT) and into higher-risk assets like altcoins and Bitcoin. This shift in liquidity is often a precursor to the start of a **bull market** in the cryptocurrency space.
#### **Macro-Economic Catalysts**
- **Global Market Sentiment**: If inflation decreases and central banks, such as the Federal Reserve, adopt a dovish stance (pausing or reducing interest rate hikes), it can bolster investor confidence and increase liquidity flows into cryptocurrencies.
- **Monetary Policy**: A less aggressive Fed would likely reduce the demand for safe-haven assets like USDT and boost demand for riskier assets like Bitcoin and altcoins.
- **Geopolitical Uncertainty**: In times of reduced global uncertainty, investors tend to shift from stable assets like USDT to riskier assets, further reducing USDT dominance.
In summary, technical indicators point toward a potential drop in USDT dominance, which historically correlates with a crypto bull market. Additionally, macroeconomic factors such as monetary policy shifts will play a significant role in shaping this trend.
USDT.D update - Oct 10 2024#USDT Dominance has moved according to the previous analysis so far. After reaching 5.47% level, initial reversal signs appeared on the chart and upon crossing above the trendline, the new upward move got confirmed.
USDT.D is expected to continue towards areas above 6.0% level meaning that BTC and the rest of the market will probably continue to dump to lower levels.
Is The Bull Run Still Feasible In Q4?The answer can be seen from the USDT Dominance Chart, which trades in opposite direction to to every other coin ( as it shows that the market is either buying or selling at that particular time period). From this we should be able to guess the market's next move.
From the chart, we should retest the resistance in a few days or weeks which should see Bitcoin go below $59k. If the resistance of the USDT Dominance holds, we should have our Bull Run finally, this Q4.
USDT.D planThree scenarios(Bullish Case):
1. It pumps today, we see a massive pull back to 57k
2. Pulls back from GP before pumping to make a swing failure pattern
3. Pulls back today, this was the bottom(unlikely)
Expecting Scenario No. 2. want to see some sort of pull back today, trapping longs before one more dump
Alt coin season starts with this dump
USDT.D Update - Oct 07 2024#USDT dominance got close to 5.99% level and had a slight drop to its current zone of 5.47% - 5.63% and initial signs for another rise are visible. If USDT.D manages to cross above the blue trendline and 5.63% level, it will continue to higher levels. The strength of the next move is crucial to the overall market's condition.
tether can make itshort it now and make some money by this Entry
Pricce will go down easily
you can find my other analysis in TradeWithMky more than 91% winrate live in trading view account
also there are some points that i need to mentioned in near future about this pair
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BTC IS ABOUT TO EXPLODE! It’s very simple to see, BTC forming a massive bull flag & cup & handle pattern.
Inflation is dropping
And the absolute nail in the coffin USD dominance is falling and forming a head & shoulders pattern!!!
BTC is about to rise 40% as USD dominance falls 20%
USDT.D Update (1H)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
Due to the news of the war in the Middle East, selling pressure has been very strong in the crypto market for several days.
Tether's dominance has now reached the supply range.
In smaller timeframes, Tether's dominance can be rejected downwards
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Tether (USDT) Dominance: Full Analysis (Weekly Timeframe)Good afternoon ladies and gentlemen, we have an interesting chart here.
At first, I opened USDT.D on the daily timeframe and immediately thought that it was bearish, that's the first impression that I received when looking at the chart, after a few seconds it became mixed.
I then switched to the weekly timeframe and patterns changed completely. Plotting the moving averages surely added another dimension.
Let's review this chart together and see what it has to say.
My name is Alan, and it is always my pleasure to write for you.
The Tether Dominance index chart (USDT.D) has been bullish forever, it was always growing until June 2022 when it peaked and started to move sideways with bearish tendencies. Sideways while producing lower highs.
A lower high in November 2022, another lower high in June 2023, then again in September 2023 and finally a crash. The crash ended in a major low in March 2024. The exact same date that USDT.D bottomed, Bitcoin peaked.
The level at which it bottomed, one session and on a wick, which is a signal of strength, is the same level that produced the last up-move before the June 2022 peak.
This level is super strong and worked for consolidation between January and March 2022. Now it worked as support in March 2024.
Tether Dominance moved below MA200, and this produced the climax of the crash. Slowly but surely it recovered above MA200.
The crash led almost to the test of EMA377 but prices bounced before reaching this level, a signal of strength.
After the March 2024 support was hit, a perfect ascending channel develop, truly perfect. After a peak in August and lower high in September, we saw a three weeks correction pushing the index to retest MA200 as support. It closed below MA200 but this week moved back above this level right away.
Today, USDT.D trades above MA200 within an ascending channel, perfect higher highs and higher lows with a bullish bias.
➖ If this index were to move below 5.21%, it would be easy to see it lower and extremely bearish, with plenty of room to move down. But as long as the index trades above 5.38%, on the other hand, it is super bullish and set to continue higher.
Since the bounce in March 2024, there has never been three consecutive weeks closing red until last week. Always after two weeks red, there would be some bullish action. We saw three weeks red, which means an over-extended move, and right after, a strong green candle.
This is surely an interesting and crucial point, a wait and see moment but the chart is 100% clear.
The chart has been rising for almost seven months printing a perfect rising channel. It moved below a very strong long-term support level just to quickly bounce back above it. While we can have doubts as to what will actually happen next, the chart is saying that the bulls have the upper hand and the index will continue to grow in the coming weeks.
There are two ways that these bullish signals can become invalid:
1) Short-term. The index moves and closes a full candle below 5.21%. This would break MA200 and the perfect rising channel.
2) Long-term. The index moves and closes weekly below 4.67%. This would break the rising channel irrevocably, in a way that a new one cannot be drawn and thus the rising trend is invalidated. This would be equivalent with Bitcoin moving and closing above 71K.
Thank you for reading.
Your support is appreciated.
Namaste.
Massive Bitcoin Surge Ahead? Watch for USDT Dominance Breakout
First of all you should know that "USDT Dominance" is always the inverse of BTC USDT.
USDT Dominance refers to the percentage of Tether (USDT) in the total crypto market cap. It shows how much capital flows into or out of stablecoins like USDT compared to other cryptocurrencies. When USDT dominance increases, it suggests investors are moving into stablecoins, potentially indicating fear or uncertainty in the market.
BTC correlation with USDT dominance is typically inverse. When USDT dominance increases, it often suggests that traders are moving out of Bitcoin (BTC) and other cryptos into USDT, leading to a potential drop in BTC price. Conversely, when USDT dominance decreases, it may indicate that traders are moving funds from USDT into BTC, potentially driving BTC's price up.
Due to the news of the war in the Middle East, selling pressure has been very strong in the crypto market for several days.
As you can see on the chart USDT.D is moving in the ascending channel for approximately 205 days. After USDT.D breaks below from the ascending channel we could see a very bullish move in the Bitcoin price and as you know Altcoins follow it.
Everything is on the chart.
