Tether Dominance AnalysisDespite the divergence seen in the daily trend of the Tether index, the possibility of a market reversal and correction is very high, be careful
USDT.D trade ideas
Damp usdt.d Are you ready for the cryptocurrency bear market?
In the areas of 5.20 and 4.95, the important areas are the reversal of the dominance trend of Tether.
Be careful of Dominance movement in this area.
And prepare yourself for the bear market.
We have leave the Bear MarketHello there
I was already bearish there is 1 hour.
But this triangle on USDT change all.
We have leave 500 days of consolidation and the triangle is broken by down (So up for crypto).
Target is 4.27%.
However, a flash correction is very possible on this red line.
If USDT.D fake out and enter again in the triangle, it's a bearish signal.
USDT DOMINANCE: WAITING FOR A BOUNCE.The USDT Dominance has experienced a significant -9% drop and is currently finding strong support at 5.6%. This support level raises concerns and warrants attention within the crypto market.
Key considerations include:
1. A mere 8% rebound could potentially bring Bitcoin down to the $40,000 support level.
2. Positive momentum is observed in the Relative Strength Index (RSI), signaling a favorable aspect.
3. For a sustained bullish sentiment in the market, it is crucial for the USDT dominance to close below the support level within the daily timeframe.
In light of these factors, exercising caution and awaiting the weekly close is a prudent approach.
Best regards,
Team Dexter.
On the verge of a precipiceAnother chart to keep an eye on. As you can see, the structure is clearly bearish, with some leads and trend reductions. Typically, such stories end badly for bulls.
#USDT Dominance is printing something scary!🚨Market Caution Alert! 🚨
While many anticipate a move to FWB:48K , it's crucial to stay vigilant as market conditions can shift rapidly.
I'm also waiting for this level, but let's be cautious and ready for sudden changes.
I've explained the significance of this weekly close for Bitcoin.
Recall your greatest losses? When you were unprepared for the unexpected. Let's avoid a repeat this time!
Running Trades on Leverage:-
1. Set your Stop Loss (SL) to manage risk.
JTO: SL at $2.36 (in red).
DYDX: SL around $2.776 (in green).
2. I'm not adopting a bearish stance, but the goal is to prioritise caution and secure profits. I've said it before I am spot-long till Q3 of 2025!
3. Avoid excessive use of leverage for safer trading.
Let's stay alert and make informed decisions. Markets can be unpredictable, and protecting our investments is paramount.
#Crypto #BTC
Do show. your support and boost this chart if you like it.
Thank you
#PEACE
USDT Go Up IN 1h TimeframeEverything is clear. We have two bottoms in resistance area and the price has formed a downward wadge. We will have a correction in cryptocurrency in 1h timeframe.
Good Luck
USDT.D Monthly Rising Wedge Breakdown!📈 USDT.D Monthly Analysis: A Rising Wedge Catalyst for the Crypto Bulls 🚀
Traders and crypto enthusiasts, buckle up for a potential game-changer as we dissect the monthly chart of USDT.D (Tether Dominance). The recent confirmation of a rising wedge pattern has set the stage for what could be the ignition point for the next crypto bull market.
🔍 Analyzing the Rising Wedge:
The rising wedge, a classical chart pattern, is now unmistakably confirmed on the monthly timescale for USDT.D. This wedge is characterized by narrowing price action, indicating a tightening range between support and resistance. Historically, when a rising wedge forms, it often resolves with a breakout to the downside.
📉 USDT.D Descends, Crypto Assets Ascend:
Traditionally, when Tether dominance is on the decline, it tends to signal a shift of capital from stablecoins to riskier assets like cryptocurrencies. The decreasing dominance of USDT.D suggests a growing appetite for risk in the market, and we've seen in the past that this trend often coincides with bullish movements in the broader crypto space.
📆 Timing the Bullish Surge:
As we observe this rising wedge pattern on the monthly timescale, it becomes imperative for traders to monitor key support and resistance levels. The eventual breakout from the wedge could mark the onset of a new bull market for various cryptocurrencies. Keep an eye on price action around the wedge boundaries for potential entry points.
📊 Risk and Reward:
While patterns provide valuable insights, it's crucial to acknowledge the inherent risks in trading. Always employ proper risk management strategies and consider multiple indicators before making any trading decisions.
🚨 Stay Informed, Stay Ahead:
The crypto market is dynamic, and staying ahead of the curve is essential. Watch USDT.D closely in the coming weeks for any signs of a breakout or breakdown. The implications could be significant for the broader cryptocurrency landscape.
Remember, information is power in the trading world. Share your thoughts, analyses, and strategies in the comments section. Let's navigate these exciting market dynamics together!
📈💹 #CryptoAnalysis #USDTD #RisingWedge #BullMarketIgnition #TradingView 🚀
Grinch or St Nick? (bear/bull?)A daily close above 5.63 suggests a Double Bottom, which is bearish for BTC and the whole run overall.
A daily close below 5.63% = continuation.
#USDT.D 3H Chart
USDT dominance swept the high at 6.1% before dropping and leaving a 3h supply around the 5.97% area. It is currently retesting the 4h demand zone. I expect price to retrace to the upside then tap into this 3h supply before potentially moving down again.
USDT.D AnalysisAfter the slump we had anticipated and the market pump
I expect the remaining support to be broken and we reach 5.22 and 3.82 levels
And BTC can have a pump up to 50 - 48 - 55 - 65 - 70
Note that if the negative news or the hacking of large currency exchanges is broadcast, it can dismiss this analysis
I believe Bitcoin can make a small fall and then make a large pump
USDT: If 5.7 breaks, the next stop will be 4.25.
Combining Trend based and retracement Fib, I would optimistically think USDT can finally drop down to 4.3 percent once 5.7 percent is broken.
Tether Dominance (USDT.D)Exciting times in the crypto market! 📈 Tether Dominance (USDT.D) is on the rise with a notable surge in trading volume, showcasing a rounded bottom pattern since hitting its support.
Feeling optimistic about the future! Long-term projections for Bitcoin and the broader crypto space in 2024 and 2025 look promising. However, it's crucial to note the recent bullish momentum in Tether Dominance could signal a temporary correction for both Bitcoin and Altcoins in the mid-term, following a potential lower high.
Simplicity is key. Analyzing the "Candle Pattern" on the chart provides valuable insights.
Thank you for your attention. Your support encourages us to deliver more valuable content. Feel free to like and share!
#USDT.D 4H Chart
USDT dominance bounced off the daily demand zone as predicted and left another area of demand at around 5.77%. Technically, it is expected to keep moving up aiming towards the 4h supply around 6.15%.
#USDT.D 4H Chart
USDT dominance recently dropped and it is close to testing the daily demand zone around 5.67%. I expect it to tap into this demand before potentially moving up again.
📈 Tether Dominance August 2022Tether Dominance (USDT.D) is seeing a surge in trading volume as well as showing a rounded bottom pattern after hitting its August 2022 support...
How are you feeling my friend?
I am hoping you are having a wonderful day.
Long-term Bitcoin and the Cryptocurrency market is set to grow, specially this coming year 2024.
Tether Dominance turning bullish means bearish for Bitcoin and the Altcoins, but this bullish bias is based for the mid-term and a lower high next, which simply means a correction for our beloved Altcoins and Bitcoin.
Plain and simple.
Look at the "Bars Pattern" on the chart...
Thank you for reading.
You can motivate us to share better content with your likes.
Namaste.
USDT - LONG
USDT has reached a critical area.
I believe this support will not breake with the first push.
USDT can bounce from here up towards, 6.6% , 7% or 7.4%.
Once this area breaks, we can see: 3.8%, 2.6% and 2% for USDT.
usdt.d Hello friends, you must see the previous analysis of my Dominance Tether, because in the previous analysis, I had warned about the growth of Dominance and had shared it.
Now with my new analysis, I came to say that we are close to a good supply and I think Dominance Tether can go down again to ma 200 and ema 200 weekly, so be careful because Dominance will go down again and then it will rise again.
Good luck, be sure to see the previous analysis
Update analysis (USDT.D)📊In the analyzed time frame, it is clear that it was bearish, and by reaching the desired area, we can see the beginning of a range or rise from USDT.D.
📈So stay with me in the next updates.
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
