USDT.D is building bull divergences and falling wedge with potential resolve to the upside -we're also in the oversold zone of the range.
Expecting a bounce in the next few days - usdt.d up == crypto pullback
Currently, it is in a bullish corner pattern and is completing the pattern, with the approach of the federal meeting and the announcement of the interest rate in the next 7 days, there is a possibility of a jump towards the previous ceilings. (personal opinion)
Good luck and profitable
Will there be over-performance?
Or has peak fear been met?
Like the #DXY keeping an eye on stablecoin dominance gives you an edge on market direction.
There is alot firepower form smart investors no available to redeploy either here or at those lower #Bitcoin prices of $18 and 15K
I
so the chart of USDT dominance is making a new engulfing on daily chart. so we will wait tomorrow to see the chart closing. if its making a bull engulfing. then we will entering a down or bear on all crypto asset. cheers
- Do you know what happens when something push too much ? it reverses and goes down.
- Sir Fibonacci said one day :
" When u launch a coin to the sky, it takes speed, then it stops, then it goes down more fast than it went up "
- if USDT grab more Dominance on Cryptos Markets, it would mean we are rolling back in the...
As I always use to say, analyzing usdt.d dominance is like reverse engineering, and if you just look back at the charts we've been shared, you can see it's a kind of algorithm that clearly says what is going on in the market, and now for the update, I can say, I marked everything on the chart for you and I guess we are going to have a couple of green days next...
USDT Dominance reached its critical resistance zone and showed weakness there, as we can see this area got support previously and gave positivity to ALTs. Now wait for the momentum shift and plan accordingly.
Hello friends
Dominance Tether can show such behavior in the coming days
But if the resistance is broken, we will see bitcoin 39.5k - 37.5k
have a nice day
Remember I notice that you better take profit if you have long positions? here is what we have about our reversal analyzing!
#usdtd just bounced from the support zone and the market dumped!
Stay tuned for long positions that I'm trying to find!
Try to have full control of your positions and know how to manage the setups that you are making!
Greetings,
USDT.D is an extremely important ticker on TradingView. Tether plays an important role in the cryptocurrency markets and shows whether the market is in a stable position. USDT Dominance is the ratio between the market capitalization of USDT to the total market cap of the entire cryptocurrency market. The majority of traders focus on BTC.D , both...
As we talked about the theory of #USDT #DOMAINACE and you know how to predict the markets actions by analyzing this symbol simply,heres what I bleve about the next few candles, despite it is on a critical zone at this point and its testing the support zone that it's broken a few candles ago I believe it'll be a torturing bearish candle for the #dominance of #usdt
#USDT Dominance:-
USDT dominance already rejected from 5% resistance level.
And Bitcoin Pumped from $35000 to $40000
Now..?
Still expecting USDT dominance not break 5% level.
If trade below 5% then good to Bitcoin.
Above 5% = Bitcoin Bearish
Support:- 3%
Resistance:- 5%
In the last update, it was mentioned that breaking above 40600 will lead to 44500. Btc made a high of 45821, got rejected from 12EMA weekly and formed a shooting star candle there. Btc is at crucial support now and bulls are not showing strength here. Breaking below 39500 will lead to 36250, 33000, and 30000. Imo, it will break below as, previously shared, USDT.D...
Everything is in the charts. Really tryin to simply as much as possible. We have just crossed ema 8 w/34 and this has confirmed pst 3 reversals. Let us see how this plays out, imo we are at a make or break range, back below 40k is really concerning especially with macroeconomic and political factors.
The USDT dominance chart is not a chart I see on TradingView that often. However, it offers good insights whether investors are selling their crypto for USDT, or spending their USDT to buy crypto. Generally, when USDT.D goes up, crypto prices go down. When USDT.D goes down, crypto prices go up.
Since the start of this bull-cycle, USDT.D has been trading in a...
