usdt dominance short term correction but this structure is very strong. be careful. 😂
KEYUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
Here you can see XRP's price action from 2013-2017 I talked about in the last post. Cheers!
Looking at XRP's overall Price Action since its listing at Bitstamp in 2013 we can see a similar pattern evolving in the current Cycle compared to the Cycle from 2013-2017. 2013-2017 Price Action: 1. Cycle: Quick run up, then it went down like a curve relatively quickly (see blue line) 2. Cycle: Lower High than last Cycle and bottoming out over a longer period of...
Hello Friends. How are you? Hope you always be happy and successful Today I want to talk about USDT.D in another words, I want to talk about the dominance of Tether. the situation is complicated. I want to check this item based on Ichimoku, channel line, and classic pattern. so, let's go into details. based on Ichimoku, the future cloud is getting...
ASTRUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel. Currently the price is forming a local support around 1.90 region. Will the bulls take charge again continue for leg higher? What you guys think of this idea?
HOTUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline. These two to gather putting strong bullish confluence for the pair. What you guys think of this idea?
AUCTIONUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum...
LUNA is trading under declining trendline and now creating a local support in the form of minor range. as the price action indicating the pause in sell pressure. If the bulls become able to break the range and declining trendline , it will be fine buy setup. One can trade it with buy stop on the breakout of range and declining trendline. If the breakout sustains...
OGNUSDT is trading in more like of triangle pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the triangle . Currently the price is forming a local support around 0.1150 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside. Will the bulls take...
Hello Traders, Base on technical and wave analysis we see this scenario for #USDT.D for next move. let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
#tetherdollar dominance in market is slightly following uptrend channel since end of 2021. Weeks ago started form a bullish flag. I highlighted the target on the chart. When it reaches the the target (in mid / long term in 2024 I think) the altcoins will already had a long blood bath. NOT FINANCIAL ADVICE. DYor.
Tether has been at an ATH for a couple of months now. With 3 month bond yield, sticking well over 5% for over 4 months, this has been a very very profitable business for Tether. Thether keeps most of their funds in short term bonds. Maybe by now they have also locked in some long term bonds. They could easily have a portion of their portfolio in 5Y bonds,...
TONUSDT was trading in descending parallel channe and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 2.08 region. Will the bulls take charge again continue for leg higher?
TRUUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.0440.
ADAUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline. These two to gather putting strong bullish confluence for the pair. What you guys think of this idea?
RLCUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 1.01 region. Will the bulls take charge again continue for leg higher?
SUIUSDT, after being traded in range for some time now has given the massive breakout from range. Ranges are best in a sense just buy the support and sell the resistance. Range breakouts are usually massive as we can see in this case as well. If this breakout sustains the next higher target could be 0.6040. What you guys think of this idea ?