in a past few weeks usdt was dominating the market. But now it is on its all time high resistance, its a make or break situation, Buy crypto on full leverage and go all in like apes
Looking at USDT Dominance chart shows that a weekly retest of 5.0% area is almost done so the whole dump in crypto over the past few weeks hasn't been something irrational !! As you can see the 5.0% zone is a very strong resistance area meaning that USDT.D can form a top here and start the drop again which will cause the market to pump.
#USDT.D Weekly & 12H charts 5.0% zone is a very strong resistance area meaning that USDT.D can form a top here and start the drop again which will cause the market to pump. Looking at 12H chart it's also pointing that the upward move in USDT.D can end somewhere in 5.19% - 5.71% zone.
#Dominance Currently at resistance, if it gets rejected, then we may see a relief in BTC and ALTS. But in case a breakout could cause problems for both BTC and ALTS. Be careful, and remember to set stop-loss orders! #Crypto
USDT.D is a crucial parameter in the crypto market, and I have great confidence in its chart. It often indicates market movements ahead of time. Currently, it's at a significant support level, bolstered by both dynamic support and a pivot area. If it breaks below the dynamic support, we could see a substantial uptrend - essentially, 'going to the moon.' However,...
The range of support and resistance is specified. We have to wait for the response to the areas
Finally, it reached heavy and firm red resistance and is slightly broken. If this failure continues, higher red resistance targets will await it. Overall, Pullback remained in the red line (around 5.87%) and was in debt
Based on my complex yet simple studies this happens in the market , however I always say enter the market according to yourself analysis .
We are at the most important time bullran of Bitcoin and crypto market. We have now reached the bottom of the descending channel and the most important Tether trend line (we were with this trend line from December 2017 to November 2021). If the bottom of the channel breaks and reaches the trend, Dominance Tether will fall by 11% and a strong fomo will form,...
Hello traders! as you can see dominance is in ascending parallel channel. I expect in middle of may it's going to top of channel then going down.
PO3 h&s sym triangle.All these patterns shows up on USDT which means down for crypto.po3 respected.
Hello everyone, i want share my idea about USDT Dominance. I will use that analysis for BTC Swing Trade. USDT Dominance tested weekly resistance where it got rejection 3 times, price fell to 4.60 LVL where was buyers but if we look price action sellers take control and correction of bitcoin has end. bitcoin tested 60000-59000 support zone where it got pretty...
As you see .. We can reach to top zone And reject from this area ,back to important support . . . . Good luck
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
Guys, pay attention to Dominance Tether The reason for this drop a few hours ago could be the increase in Tether's Dominance Currently, Tether has reached the resistance zone and there is a possibility of a small correction, and if this happens, we will see an increase in the price of Bitcoin.
After completing the diametric, we can modify it After completing the diametric, we can modify it
in my opinion or which the charts convey looks like the crypto market is going to rip. its on the 5 day chart but there's a death cross which is beautiful for the crypto market usdt tether should have a nice drop giving us some bull momentum pack your bags we going up
As you can see on the USDT dominance chart using the pmarp indicator on the weekly time frame USDT dominance is on its way up. This is a great sign of capitulation within Bitcoin. There are is now many millions of dollars worth of outflows for Bitcoin ETFs. The IBIT ETF has not received any new inflows for two business days and other ETFs for Bitcoin have...