USDT.D trade ideas
Bearish - Rising Wedge PatternUSDT Dominance : Bearish - Rising Wedge Pattern + Bearish Divergence = Sell ...
A Rising Wedge is a bearish chart pattern that’s found in a downward trend, and the lines slope up.
$BTC Price Predictions based on $USDT dominance Inverse Relationship: Historically, there tends to be an inverse relationship between CRYPTOCAP:USDT dominance and CRYPTOCAP:BTC prices. When CRYPTOCAP:USDT dominance increases, it often suggests that investors are moving funds into stablecoins, indicating a risk-off sentiment in the market. Conversely, when CRYPTOCAP:USDT dominance decreases, it suggests that investors are moving funds out of stablecoins and into assets like CRYPTOCAP:BTC , indicating a risk-on sentiment.
Market Sentiment Indicator: CRYPTOCAP:USDT dominance can act as a sentiment indicator. Higher CRYPTOCAP:USDT dominance can signal market fear or uncertainty, leading to potential declines in CRYPTOCAP:BTC prices. Lower CRYPTOCAP:USDT dominance can signal market confidence, leading to potential increases in CRYPTOCAP:BTC prices.
Liquidity Flows: Changes in CRYPTOCAP:USDT dominance reflect liquidity flows within the cryptocurrency market. A rising CRYPTOCAP:USDT dominance might indicate increased selling pressure on CRYPTOCAP:BTC , while a declining CRYPTOCAP:USDT dominance might indicate increased buying pressure on $BTC.
Technical Analysis: Analysts often use technical indicators and historical data to predict CRYPTOCAP:BTC price movements based on CRYPTOCAP:USDT dominance trends. Patterns, support/resistance levels, and moving averages are commonly used tools.
External Factors: Factors such as regulatory news, macroeconomic trends, and market events also play a crucial role. CRYPTOCAP:USDT dominance might be influenced by external factors that affect investor confidence and market stability, which in turn impacts CRYPTOCAP:BTC prices.
Short-Term vs Long-Term Predictions: Short-term predictions based on CRYPTOCAP:USDT dominance might focus on immediate market sentiment and liquidity flows, while long-term predictions might consider broader trends and potential shifts in investor behavior over time.
Usdt.dDominance Tether is placed on its support and there is a possibility of rising from it, can it lead Bitcoin down
Bullish BTC. 1/USDT.D Going to the top channel.You will see. Then it will break top line and to the moon.
USDT dominance surging - crypto capitulation incoming- bottoming formation on USDT d. that has been forming for more than 100 days
- with a break out of this structure now confirmed it is very likely usdt dominance trades higher which of course implies downside for bitcoin & altcoins
CRYPTO LONGI think crypto market going to up.
This is total1 / USDT.D chart. I draw before bull market cycles. Now we at bull market again and with BoS in full chart.
So this bull market will better from previous bull markets.
USDT.D: Potential Signs of a Bearish Move on Higher Timeframe
Hey everyone, wanted to share some thoughts on USDT (Tether) based on technical analysis across different timeframes:
Monthly:
USDT dominance is currently trading below the midpoint of the inverse fair value gap, which could indicate a potential decline in its dominance over other cryptocurrencies.
Price has recently entered a monthly bearish order block and although there was a positive reaction, it's important to be cautious.
Weekly:
Several bearish signs are emerging on the weekly timeframe:
Price reacted to the 62% Fibonacci retracement level.
A fair value gap is present.
There's a hidden bearish divergence.
Price is facing resistance from the 50-week SMA (Simple Moving Average).
A potential bear flag formation is visible.
Daily:
Waiting for more confirmation on the daily timeframe before entering any trades.
A clear break of the current structure or a daily candle closing below 4.90% would be good areas to observe for further bearish confirmation.
Overall:
Patience is key! While there are signs of a potential decline in USDT dominance and a bearish move in price, waiting for confirmation on the daily timeframe is crucial before entering any trades related to altcoins.
#DYOR (Do Your Own Research) before making any investment decisions.
#Cryptocurrency #TechnicalAnalysis #USDT #Altcoins
Multi year channel brokenAnd as you see retested . Levels are 0.618 - 0.75 - 1 for the pitch fork in the logarithmic chart , it can lead to fast ( in longterm scale ) fall for like 50% of dominance. Timing is amazing and can give us a perfect bullrun like 2017 with two highs not only one . Amazing days coming lads dont forget to check out previous one .
Stay safe
USDT.D map for bullrunHey guys , again another Usdt dominance chart and again i hope it works out. There’s a pitch fork that has two key levels I expect a decline from where we are now after a short play . Overall we playing inside a downward channel that you can see in blue and the green is a very long uptrend which I anticipate to break in the next attack. I do expect to reach 2% Q1 or Q2 2025 .
Beneath you see the previous one and successful trade about usdt dominance aswell .
Stay safe fam .
USDT.D :It gives you a trigger to enter a long position
The breaking bottom is making a pullback, just reduce your risk and let it fall below 5.35 or 5.28. Open a long position.
It does not approve me for the position of the shorts
USDT.D 15Minwhen pullback complete market can go grow up and btc tach 60k
lets see what happened next
USDT.D :We made a lower ceiling, but the lower floor is currently below 5.35, open a long position today, it will give you a good confirmation of the long position.
For the short position above 5.58, there is no special entry trigger
USDT.DThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy.
$USDT Dominance USDT Dominance is grinding up slowly with significant volume and is currently trading above the daily ema200
If it can stay above 5.20% level, we may see further upward movement toward 6.20% as the first level of resistance
If the momentum sustained, I won't be surprised if will going to hit 7.50% to 8%
We know that USDT.D is inversely correlated with Bitcoin. If this would be the case, we can expect BTC trading 40k region.
USDT DOMINANCE USDT dominance impulsive wave "5" had been completed or is just about to complete soon...
corrective waves started.
USDT sitting on Subwave "b" of Wave "A".
The breakout above wave b is to be considered wave 5.
Subwave "c" is ahead
this is my POV
Shorts are just about to rekt soon
DYOR
NFA
$USDT dominance is still bullish?#usdt #tether dominance rallied too much in June. But it's not over? #usdt may have a Elliott's 3rd minor wave impulsive move to reach the higher red box. Losing current zone is the invalidation.
Usdt.d growth....btc domp!!!!Usdt Dominance managed to exit the triangle and according to the scenario, it will continue its growth until the weekly resistance, I am waiting for more dips for Bitcoin.
USDT.D update - July 6 2024Due to the sell pressure caused by German Gov. and Mt. Gox, USDT.D crossed above 5.4% level and unfortunately BTC dumped below 56,500 zone !
Previously a resistance zone, now the 5.2% - 5.4% area is a support level and it seems USDT.D is doing a retest of the mentioned zone meaning that current greens in the market is likely temporary.
Following the successful retest, USDT.D will most probably head for 6.25% level which means BTC will also head for lower levels (50,000 and probably lower)!
for now let us observe USDT.D's reaction to the support zone!
USDT.D W When bullperiod will end?I've generally shared my thoughts with you in previous posts. Now, I'll share my opinion on when the bullish period in crypto might end. The chart might form a reversal pattern by the end of the year, specifically in the last quarter. Of course, this could happen directly upward or through accumulation. The targets I'm expecting are on the chart.It is up to you.If you see this scenario happens.
BTC & USDT.Dthis happens in the market, however I always say enter the market according to your analysis.
