USDT.D
1. The price is at 3.96% and near a significant support level.
2. The key support is identified between 3.89% and 3.90%. This level might cause a reaction in the price.
3. A critical resistance is seen around 4.05%, which the price must break to continue its upward movement.
4. The drawn lines suggest that if the price reaches the support and reacts positively, there is a possibility of an upward move toward 4.05% (blue scenario).
5. In case the support is broken, a downward move toward 3.80% is expected (green scenario).
6. If the price surpasses the 4.05% resistance, the next target would be around 4.25% (red scenario).
Note: Decision-making depends on the price reaction near the support and resistance levels.
USDT.D trade ideas
Technical Analysis of USDT Dominance 16/12/2024### Technical Analysis of USDT Dominance: Key Levels and Potential Movements
#### Overview
Currently, the trend in USDT dominance reveals significant implications for the broader cryptocurrency market. High USDT dominance indicates a risk-averse sentiment among investors, while low USDT dominance suggests an increased appetite for risk, leading to a potential bullish market for altcoins. Let’s dive into the technical analysis to identify key support levels and potential scenarios for USDT dominance in the coming days.
#### Key Observations
- High USDT Dominance: When USDT dominance is elevated, it typically reflects investor caution, with funds being channeled into stable coins like Tether rather than more volatile assets. This behavior often correlates with market uncertainty.
- Low USDT Dominance: Conversely, a decline in USDT dominance indicates that funds are being rotated into other cryptocurrencies, signifying a potentially bullish outlook as investors seek riskier assets.
#### Technical Patterns
1. Divergence and Support Levels:
- Recent observations indicate a bullish divergence forming over the past week, suggesting that USDT dominance could find support around the 3.7% to 3.9% range. This area could act as an extreme support level, confirmed by the development of a double bottom pattern.
2. Falling Wedge Formation:
- In addition to the double bottom pattern, we are witnessing a falling wedge formation in the chart. This bullish pattern often signifies a reversal, indicating that USDT dominance may bounce back from this level.
3. Target Levels:
Should USDT's dominance rise as anticipated, we could see movement towards levels above its current dominance; potentially, investors are booking their profits in the altcoin market.
Key Price Targets: Monitor the USDT's dominance for potential targets around 4.2%, 5.5%, and 6.5%. A bounce from this support should encourage traders to monitor altcoin opportunities closely.
#### Recommendations
- Altcoin Investment Strategy: Given the current market scenario, now may be an opportune time for traders to consider purchasing altcoins, especially if investors are making a profit. Many people fear this moment and sell their altcoin.dont be a fool. this is the great time to buy altcoin as you can.
- Stay Informed: Keep an eye on USDT dominance in relation to altcoin performance and expect increased volatility; however, this could also present excellent trading opportunities for before this Bull run.
#### Conclusion
In summary, the current technical indicators show that USDT dominance is approaching a critical support level with the potential for a bullish bounce. Traders should remain vigilant, watch for confirmation of these patterns, and evaluate the altcoin market accordingly. This is a pivotal moment in the cryptocurrency landscape—don’t miss out on the opportunities it presents!
Happy Trading!
USDT Dominance Reversal: Key Levels for Altcoin Long SetupUSDT Dominance (USDT.D) is showing signs of a potential reversal after an extended uptrend, which could provide a significant opportunity for altcoins.
I’m watching the 618 and 786 Fibonacci retracement levels, as well as a down-sloping trendline in the same area. If USDT.D tests and rejects these levels, we’ll likely see a downtrend, which historically leads to a rise in altcoins.
Additionally, an inverse Fair Value Gap (FVG) has appeared, confirming the bearish scenario. Once all confirmations are in place on the 4-hour chart, we will look to long altcoins carefully, using leverage while staying disciplined.
Risk Management: Max risk is 5% per trade, aiming for at least a 5x reward. Leverage will be used cautiously, with a focus on emotional control to avoid fear and greed.
USDT Tether Dominance Overview: Scam Or Altseason?Hello, Skyrexians!
Today we are going to continue observe the charts which can be the evidences of potential altseason. Earlier we pointed out the Bitcoin dominance reversal and the potential impulsive wave 5 for altcoins dominance . Today we are going to look at the another very important chart of CRYPTOCAP:USDT.D to understand if we will see the altseason in the nearest future.
Let's take a look at the weekly time frame. Globally the chart is in huge uptrend, but last 2 years it is decreasing. We can count this dump as a major correction ABC in the super cycle. Waves A and B have been already printed. Wave B reached 0.61 Fibonacci of wave A, it can give us a great confidence that now USDT is in wave C. Moreover at the top of wave B our Bullish/Bearish Reversal Bar Indicator has printed the red dot, the huge bearish signal, as a result it's dumping now. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView .
Wave C has the clear target between 1 and 1.61 Fibonacci extension levels of wave A. Now this zone is located inside the 1.55% and 2.77%. This is significant move which can cause altseason or this dump can be caused by some issues for Tether. Nobody knows, but finally there is a high chance that USDT is going to remain the position of the most popular stable coin.
Best regards,
Skyrexio Team
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USDT.D Bullish Divergence on RSIIm seeing Bullish divergence on the daily chart on USDT.D and also bearish divergence on the daily chart of BTC.
Sooner or later we'll have our huge volatility but according to what im seeing in these charts it is more probable that we'll get a correction and a big discount on alt coins. We musr wait and see how the market moves in the near future.
DYOR
Goodluck
$USDT DOMINANCE - BULL MARKET CONTINUATION OR IT IS OVER?Hello Traders,
The CRYPTOCAP:USDT dominance chart is IMO the most important chart to watch, not only now, but on daily basis. It helped me to predict all the major moves, for example:
When it reached the 3.82% level we had:
1) End of March 2022 ( last push before the bear market)
2) End of March 2024 (local top and huge correction move)
3) Recently December 2024 a brutal 30% /40% correction
Now what's next? If this level (3.82%) holds and builds structure, it could signal a double bottom and the start of the bear market, with CRYPTOCAP:USDT dominance potentially topping at 17%, a true bear market capitulation event, and the best time to buy for the next bull run. However, losing 3.82% could trigger a "banana phase" – with everything pumping harder than you can imagine! 🍌
I'll personally exit all longs if we have acceptance above 4.5%. I'll add more to my longs if we lose on HTF 3.82%.
Thank you,
Trading Paradise
USDT.D ChartUSDT.D got supported from the weekly support, and is currently trying to breakout from its descending channel. We must observe its chart wisely and see how it will react to this area.
There are 2 scenarios in this situation.
First scenario is that it will successfully breakout and complete its pullback to the broken inverse cup and handle in weekly time frame which can cause a temporary correction in the market and would be an awesome opportunity to load your bags on alt coins of your choice.
Second scenario is that it will fail to breakout and will continue its downtrend which will likely cause alt coins and market to pump once it happens.
We are traders must be patient like a lion on the hunt and sit in the bush to catch the right prey.
That’s why I said it’s better to sit on USDT on my previous analysis so we can react to either of those 2 scenarios at the right time.
DYOR
Goodluck
USDT.D Dominance Alert: Massive Crypto Crash Incoming?! Since my last post, USDT.D dominance has been following a textbook ABC corrective wave pattern. Currently, we are in the C wave , which I believe will lead us to a critical area of 2.47% . This level is highly significant, as it may trigger a massive correction in the crypto market, potentially up to 40% .
Key Insights:
The "nuke zone" between 2.47%-2.50% should be on every trader's radar.
I strongly recommend closing all long positions before we hit this zone to avoid heavy losses.
Timing Speculation:
The exact timing is theoretical and cannot be predicted with certainty, but I estimate this scenario could play out between April and June.
Stay cautious and keep this level in mind while trading. I will provide further updates as the chart develops!
Disclaimer: This is not financial advice. Always do your own research. So mean while market will still go up untill we approach red zone or death zone :)
USDT.DHere is my analysis of USDT dominance, dear friends. Dominance, which has been fluctuating within a channel since December 2017, has recently tested its lowest level.
One of the reasons money is flowing into altcoins is this.
You can guess what will happen if USDT.D starts to rise.
This post will gain value after April-May 2025 :)
Finally, a note for the future: SELL IN MAY, GO AWAY!
Best regards.
USDT.D update - Dec 12 2024Following previous analysis, we watched USDT dominance as it broke out of its recent consolidation pattern resulting in a heavy dump in the entire market.
As shown on the chart, it seems USDT dominance is completing a retest of the blue trendline and is expected to resume its upward move soon.
So it is safe to assume that at least one more heavy sell pressure across the market is quite possible.
When USDT goes up, crypto tends to go down and USDT is oversold.When USDT goes up, crypto tends to go down.
USDT seems to be oversold at the moment, and a retracement is possible. This might only be a small retracement. There's no reason to sell, but it could be a good opportunity to buy more when crypto prices drop.
Patience and a solid plan in advance are needed now.
Usdt.DBy examining the conditions of Tether's dominance on the digital currency market, it can be well understood that Tether's dominance on the market will increase, which will cause the total market value to fall by 20%.
And the possibility of correction of the price of Bitcoin will reach the range of 80 thousand dollars
usdt.d daily update#USDT.D made a rising spike and all the market went to correction phase ! but i think this is just a small rising and after that there will be a big drop also be aware for fib levels , VWAP and big orders as soon as a touch between vwap and price the drop can starts
also i made an analysis on this chart in weekly time frame 👇👇👇