lets to short marketHere we have the symmetrical triangle pattern, which can be a sign of the continuation of the market trend in the opposite direction by breaking and exiting it in any direction.
Because the dominance of USDT is a sign of the exit or entry of liquidity to currencies, so breaking the resistance areas of this triangle is very vital for the market.
USDT.D trade ideas
Destiny 1h USDT.DThe analyzes and updates have gone well so far and the market has entered a bullish phase, I hope you have used it, I have also introduced growth prone cryptocurrencies for a technical reason, of course as always I say that every trader should have their own trading strategy and you should not trade on my advice or the likes of me, here we are just giving tips to help each other
DestinyIf you look closely at the previous analysis on the USDT.D market chart, you will notice with high confidence that I discussed the fall and the fall happened, and I have to say that it is very natural that we have some ups in the middle of the fall, now I am very confident that there will be a fall again and will cause the market to grow.
Money talks - bull@#$% walkzOkay Okay, its almost on thy edge :)
I ment money talkz bullz are walks if u dont get it (or Im not? ;)_
ANYWAY
tell me, do u like rarities? I do. Az madness az well, BUT its a different story.
Look at thy chart friend and tell me - do u see what I see? In the reserve it would be listed in the red book. THY LEADIN' EXPAND!
Yes u may disagree and say kinda "thats a rare rarity in rare case in thy sauce of rareness" and u will be right,
BUT TELL ME: what is the probability of meeting a dinosaur on the street?!
I say: 50%. U may, or u may not. With nuances
Scratch your heads, wise men-sagez :) Time will judge us
and PS: ROCKet if u UNDERSTAND, if not - just stand. still. and dont move. and make a brain groove
DestinyOver the last two days I have repeatedly warned these conditions, I hope you have used it, now the conditions have become very sensitive because the Kendley trend has reached the range of the canal floor and the pink base is the daily base, if it breaks we will see a continuation of the decline
Updating Channel for my Pervious Idea USDT.D + USDC.D I have updated my idea about CRYPTOCAP:USDT.D & CRYPTOCAP:USDC.D ...
We still didn't breakdown this bullish channel....
***Dollar's Dominance is opposite of CRYPTOCAP:BTC which means if USDT & USDC's dominance are up BTC will be down.***
Check it below in related ideas
Good luck
Destiny The resistance of the MA200 causes the USDT market to fall, pay attention to the previous analyzes, we should not fall for the liquidity pool of the exchanges in such a situation, the market will grow, of course you, dear friends, should also go ahead with your personal strategy, maybe I will misanalyze sometime.
USDTD / USDT . D ( USDT dominance ) macro analysis โฐExpecting target's
๐ฏ 3.5% >> 4.5/5.5%
๐ฏ 2.8/2.2% FINAL target ๐ฏ then return back ๐ new high ๐ฐ --- 9/11%
The index CRYPTOCAP:USDT.D is key ๐๏ธ role for crypto industry BITSTAMP:BTCUSD
If any leg below 2% then possible target ๐ฏ 1.7/1.4% ( #imo not possible )
๐ค It's me your :-: RAJ professional trader :-: support ๐ share ๐ค boost ๐
Just follow article for future updates ๐ TQ u
DOMINANCE IS ON HISTORICAL LONG-TERM SUPPORT WHAT'S NEXT?๐งMARKET CAP DOMINANCE TECHNICAL ANALYSIS ๐จ
In the weekly time frame, dominance is currently bouncing off a crucial support level that has been in place since January 2018. This level holds historical significance and is critical for the market. The market's proximity to this support suggests the possibility of a local top, although predicting Bitcoin's movements can be challenging.
Some investors anticipate significant losses, which could lead to capital inflows into altcoins. However, many remain optimistic about a breakdown beyond this trendline, given the deviation in current price action from previous rallies.
It is crucial to monitor investments and manage portfolios cautiously. While our market entry guidance was helpful, it is prudent to heed this warning. The weekly close will provide clearer signals for confirmation.
An interim shake-off before or after the halving seems inevitable, and preserving profits is paramount. The current bull run could lead to BTC reaching $140k to $190k, but a shake-off before that may be necessary.
This chart serves as a valuable aid in making informed trade decisions and is intended solely for educational purposes.
Your insights and perspectives on the charts are highly appreciated and can be shared in the comment section.
Thank you for your contribution.
AMEX:USD CRYPTOCAP:USDT.D #DYOR #NFA