📈 Tether Dominance 1 Year Long Bullish Divergence

We will use three signals for this chart, Tether Dominance goes bullish:

1) Bullish divergence with the RSI.
2) Rising volume.
3) RSI moving above 50.

1) The lower low is true based on both candle close and candle wick.
Here is the RSI...

2) Needs no explanation.

3) The RSI being strong at support is a super-bullish signal. Reversal incoming.

👉 For the new ones, when Tether Dominance (USDT.D) goes up, Bitcoin goes down.

Namaste.

Comment:

I just found a very interesting signal that I must share with you. Tether's Dominance weekly RSI just hit an All-Time Low, literally.

This is it.
It is the lowest reading ever and the lowest reading in almost 9 years... It is already recovering and can signal the start of a bullish wave for the index, the start of a correction for Crypto.

Share this with others.
Help people be aware... Prepare!

Comment:

Our support trendline gets tested here and USDT.D even moves below it on a wick but the candle close ends above it which means a bearish negation.

This reinforces the bullish bias and keep in mind the very strong RSI ATL signal.

Volume continues to rise and USDT.D moves daily above EMA10.

A massive rise for this index will translate in a massive drop for Cryptocurrency... That's ok, it is normal and expected.

We sell at resistance and secure profits, to later buy back in with a great entry when prices are low.
Ride the waves... Follow the market and make sure to ignore any and all hype when it comes up.

Hype means that it isn't real and whatever the media is saying the opposite will be the result.

Bitcoin to 100K due to the Spot ETF?
It means that a correction is just around the corner...

Namaste.

Comment:

Today, USDT.D is moving above EMA50 (daily timeframe).
Closing above this level opens up the doors for mid-term bullish growth.
Mid-term = 1-3 months.

Comment:

4 Days later and still battling with EMA50 but not anymore.
USDT.D is now strongly above this level which reads 5.88%, the index is at 6%.

Today EMA50 is conquered as resistance and this confirms Tether Dominance growing for a period of 1-3 months (30 to 90 days).
This can translate into a massive correction across the Cryptocurrency market.

Time is of the essence.
Act now!
Protect yourself.

Namaste.