⚠️Upclining USDT dominance !Hi.
USDT.D
- The Tether market dominance chart shows that CRYPTOCAP:USDT has maintained support around 5.60%
-As long as this support holds, the crypto market is likely to see further downturns🔻
-More confirmation of trend changes is needed before entering bullish positions.
Stay awesome my friends.
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✅ Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️ Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Usdtd
BITCOIN|Weekly roadmap and important areasHello guys, I hope you are doing well.
Let's go for the weekly bitcoin outlook.
We are in the 4-hour time frame of Bitcoin.
I have told you many times about the fall of Bitcoin to the $41,000 range, as we expected, the downward movement as a settlement reached the order block area.
We have to see how the price reacts at this level, if we see bullish signs, we can confirm to enter buying positions in smaller time frames.
For selling positions, it is better to wait when the price reaches the supply level (42,380-42,830) and look for selling positions until the target range of 39,000
If it breaks the supply area with a significant upward movement, we can look for sell positions in the next supply area (45780-46380).
In my opinion, it is unlikely that Bitcoin will be able to see the price of 47,000 again.
Because we can see in Dominance Tether that we had a descending channel in the four-hour time frame that was broken upwards and the pullback hit the support level and now it can move upwards well.
#USDTD #AltCoins #Short #Crypto #Market #DUMP #Soon #Eddy#USDTD #AltCoins #Short #Crypto #Market #DUMP #Soon #Eddy
(("My analysis of USDTD and altcoins is like this, from my point of view, it is possible to track the position of short selling transactions on most currencies in the market."))
- What do you think? Have you checked USDTD in this time frame? Write me in the comments!
- My confirmations are based on Wykoff's review of Bitcoin in multi-time frame, as well as Bitcoin and Tether's Dominance review.
Its about Wyckoff ;-)
(( BTC/USD )) latest update link :
#USDT Dominance is printing something scary!🚨Market Caution Alert! 🚨
While many anticipate a move to FWB:48K , it's crucial to stay vigilant as market conditions can shift rapidly.
I'm also waiting for this level, but let's be cautious and ready for sudden changes.
I've explained the significance of this weekly close for Bitcoin.
Recall your greatest losses? When you were unprepared for the unexpected. Let's avoid a repeat this time!
Running Trades on Leverage:-
1. Set your Stop Loss (SL) to manage risk.
JTO: SL at $2.36 (in red).
DYDX: SL around $2.776 (in green).
2. I'm not adopting a bearish stance, but the goal is to prioritise caution and secure profits. I've said it before I am spot-long till Q3 of 2025!
3. Avoid excessive use of leverage for safer trading.
Let's stay alert and make informed decisions. Markets can be unpredictable, and protecting our investments is paramount.
#Crypto #BTC
Do show. your support and boost this chart if you like it.
Thank you
#PEACE
Tether Dominance (USDT.D)Exciting times in the crypto market! 📈 Tether Dominance (USDT.D) is on the rise with a notable surge in trading volume, showcasing a rounded bottom pattern since hitting its support.
Feeling optimistic about the future! Long-term projections for Bitcoin and the broader crypto space in 2024 and 2025 look promising. However, it's crucial to note the recent bullish momentum in Tether Dominance could signal a temporary correction for both Bitcoin and Altcoins in the mid-term, following a potential lower high.
Simplicity is key. Analyzing the "Candle Pattern" on the chart provides valuable insights.
Thank you for your attention. Your support encourages us to deliver more valuable content. Feel free to like and share!
Update analysis (USDT.D)📊In the analyzed time frame, it is clear that it was bearish, and by reaching the desired area, we can see the beginning of a range or rise from USDT.D.
📈So stay with me in the next updates.
🔗 For more communication with us, send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
Respect the pump - USDT.D breaking supportTime to get off the sidelines and respect the pump.
If the ongoing L2 rally isn't enough of a wake-up call, check out USDT Dominance, which is putting in lower lows and breaking through a significant previous resistance level with increasing volume to back it up. Also, looking at VPVR, there's also very little volume to stop this trend at least until it retests the 200 SMA, which is not far off.
I wouldn't be surprised to see a bounce off of that corresponding with a slight retrace for some of these coins as traders take some profit, but at this point my bias is bullish.
We are so back.
Happy trades,
CD
USDT.D has just tagged strong support!I'm throwing this out there just to put a little ice on the flames rn. It is worth noting that USDT dominance has tagged strong support today.
What does this mean? Well, it means mostly that reserves are being emptied in favor of hot crypto rn.
What might it mean if support holds? It's really hard to say but I am betting that much of these funds are going into Bitcoin. Now, if BTC starts to cool (which my charts are showing me may strongly be the case), traders may sell, USDT.D would bounce on that support, and then following this traders may begin to look at new trades, specifically ALTs which they know will follow BTC's lead. This theory is supported by my BTC.D chart which looks as if it may double-top here today pending where we close.
Also note that RSI. We are in oversold territory. Last time this happened, ALTs took off.
Best,
Stewdamus
USDT.D #004 ( Collect your profits , Correction Time ! ) Hello dear traders .
Good days .
Dominance of Tether after broken Monthly Gann Square 0.5 Arc resistance could not broken Gann Box price level resistance and several time rejected .
For continue upward move it was need to get support. Now it is on Gann Square Fan Trend line to get support and continue move upward move . If it could not hold this support it will drop to lower Gann Box support which is about 5.03 % .
What we expect is the first scenario for upward move .
Good luck and safe trades.
Thanks for your support and comments.
USDT.D # 003 ( USDT.D stuck in decreasing Gann Arc channel ) Hello dear traders.
Good days .
USDT.D several time rejected from 0.75 Gann Square Arc Resistance and it stuck in decreasing channel. At important monthly Gann Square time Zone level it expected to within decreasing channel which is dotted reduced up beginning of 2024 .
Downtrend move is plotted with help of Gann Square and Gann box .
Good luck and safe trades.
Thanks for your support and comments.
USDT.D #004 RESULT ( Target reached & next move ) Hello dear traders.
Good days.
USDT.D Target reach to the level and next move will explain .
we expect in previous analysis to move downward with in channel and will not broken Weekly Gann Arc resistance , but after broken Arc resistance it get support from Weekly Gann Square fan trend line . Retest Fan trend line and now ready to try broken Gann Arc resistance.
With increasing USDT in market we can say BTCUSDT will have correction .
Good luck and safe trades.
Thanks for your support and comments.
#usdt dominance #usdtd is preparing a bounce assault?After losing the bullish triangle and #btc pump, #usdt dominance lose weight. But, now USDT.D formed a falling channel that would possibly break out upwards. If #usdtdom breaks up, this will be a blood bath for #cryptocurrencies. If, #tether dominance breaks down and dumps out of channel this will be a rally for market (the invalidation scenario). First one is more probable for now, we' ll see.
NOT FINANCIAL ADVICE. Don' t take positions due to my posts.
BTD.D & USDT.D -----> What's Happening?As I said before, I will say again that the market will always give you another chance to buy and there seem to be signs for this second chance.
Possible scenario for me:
Pullback to the broken levels of dominance by Tether and Bitcoin in the coming days and try to collect liquidity from the market and stop hunting small traders like me!
Then the return of dominance and the price of Bitcoin to the upward trend of the past .
and activating stop losses of positions in the opposite direction and possible shorts again!
What do you Guys Think about Btc.d and Usdt.d?
#usdt #tether dominance is going crazy (Mid/Long Term Strategy)#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.
USDT D - will it crash?#USDT.D currently holding on 200 ema support on D TF
I am not sure if it will manage to stay on that level long.
I expect to see another dump towards to orange line that you see on the chart or 7,14% level, where either it will pump or bears will take the control and USDT.D will continue dumping towards to 100 ema support on W TF.
If the dominance will dump fast - it will mean that pretty soon we may expect the bounce of it, which will lead another dump in the market.
Keeping an eye