USDT.DDominance Tether check in 1 hour time frame:
The trend in this time frame is completely bearish
And this downward trend can continue until the daily trend
Before continuing the downward trend, we will first correct the downward trend of the previous day due to the order block in the price range of 4.75%-4.78%.
Due to the continuation of this trend, we can find the right price for the purchase transaction when the downward trend is corrected
USDT.D trade ideas
USDT DOMINANCE: DO NOT SKIP THIS UPDATE!The USDT Dominance indicates something important; if you are a trader, you must look at this.
In this 12-hour chart, the USDT.D has been in a downtrend since early July. It has yet to test the support level ranging between 4.58% to 4.64%.
If the dominance reaches down to the support level, we are likely to see BTC hitting $70k and a decent rally in altcoins.
Here's the scary part: if the USDT.D rebounds from anywhere close to the support level, be prepared for a heavy crash.
I am hoping for a further breakdown rather than a rebound, but time will tell. For now, let's aim for a continuous downtrend toward 4.58%.
I hope this helps. Not financial advice.
Trade safely.
Team Dexter.
#USDT #BTC #Crypto
$BTC Price Predictions based on $USDT dominance Inverse Relationship: Historically, there tends to be an inverse relationship between CRYPTOCAP:USDT dominance and CRYPTOCAP:BTC prices. When CRYPTOCAP:USDT dominance increases, it often suggests that investors are moving funds into stablecoins, indicating a risk-off sentiment in the market. Conversely, when CRYPTOCAP:USDT dominance decreases, it suggests that investors are moving funds out of stablecoins and into assets like CRYPTOCAP:BTC , indicating a risk-on sentiment.
Market Sentiment Indicator: CRYPTOCAP:USDT dominance can act as a sentiment indicator. Higher CRYPTOCAP:USDT dominance can signal market fear or uncertainty, leading to potential declines in CRYPTOCAP:BTC prices. Lower CRYPTOCAP:USDT dominance can signal market confidence, leading to potential increases in CRYPTOCAP:BTC prices.
Liquidity Flows: Changes in CRYPTOCAP:USDT dominance reflect liquidity flows within the cryptocurrency market. A rising CRYPTOCAP:USDT dominance might indicate increased selling pressure on CRYPTOCAP:BTC , while a declining CRYPTOCAP:USDT dominance might indicate increased buying pressure on $BTC.
Technical Analysis: Analysts often use technical indicators and historical data to predict CRYPTOCAP:BTC price movements based on CRYPTOCAP:USDT dominance trends. Patterns, support/resistance levels, and moving averages are commonly used tools.
External Factors: Factors such as regulatory news, macroeconomic trends, and market events also play a crucial role. CRYPTOCAP:USDT dominance might be influenced by external factors that affect investor confidence and market stability, which in turn impacts CRYPTOCAP:BTC prices.
Short-Term vs Long-Term Predictions: Short-term predictions based on CRYPTOCAP:USDT dominance might focus on immediate market sentiment and liquidity flows, while long-term predictions might consider broader trends and potential shifts in investor behavior over time.
USDT.D: Potential Signs of a Bearish Move on Higher Timeframe
Hey everyone, wanted to share some thoughts on USDT (Tether) based on technical analysis across different timeframes:
Monthly:
USDT dominance is currently trading below the midpoint of the inverse fair value gap, which could indicate a potential decline in its dominance over other cryptocurrencies.
Price has recently entered a monthly bearish order block and although there was a positive reaction, it's important to be cautious.
Weekly:
Several bearish signs are emerging on the weekly timeframe:
Price reacted to the 62% Fibonacci retracement level.
A fair value gap is present.
There's a hidden bearish divergence.
Price is facing resistance from the 50-week SMA (Simple Moving Average).
A potential bear flag formation is visible.
Daily:
Waiting for more confirmation on the daily timeframe before entering any trades.
A clear break of the current structure or a daily candle closing below 4.90% would be good areas to observe for further bearish confirmation.
Overall:
Patience is key! While there are signs of a potential decline in USDT dominance and a bearish move in price, waiting for confirmation on the daily timeframe is crucial before entering any trades related to altcoins.
#DYOR (Do Your Own Research) before making any investment decisions.
#Cryptocurrency #TechnicalAnalysis #USDT #Altcoins
Can you spot the difference? Here are two different charts on display:
- The BTC chart (Hourly)
- The USDT Dominance inverted chart (Hourly)
These two charts move in parallel to each other, making it convenient to spot where the price is heading next.
For example, if the USDT.D makes a bullish move, BTC turns bearish and vice versa.
These two charts can never move in the same direction because one determines the price of BTC and the other the dominance of USDT in the market. If the dominance of USDT increases in the market, it technically means that traders are shifting to USDT instead of BTC or other altcoins.
Note: Do not get confused between the USDT Dominance chart and the USDT Dominance inverted chart. Both are the same chart and denote equal value.
This content is for educational purposes only.
Thank you for reading.
Regards,
Team Dexter
#BTC #USDTDominance
Multi year channel brokenAnd as you see retested . Levels are 0.618 - 0.75 - 1 for the pitch fork in the logarithmic chart , it can lead to fast ( in longterm scale ) fall for like 50% of dominance. Timing is amazing and can give us a perfect bullrun like 2017 with two highs not only one . Amazing days coming lads dont forget to check out previous one .
Stay safe
USDT.D map for bullrunHey guys , again another Usdt dominance chart and again i hope it works out. There’s a pitch fork that has two key levels I expect a decline from where we are now after a short play . Overall we playing inside a downward channel that you can see in blue and the green is a very long uptrend which I anticipate to break in the next attack. I do expect to reach 2% Q1 or Q2 2025 .
Beneath you see the previous one and successful trade about usdt dominance aswell .
Stay safe fam .
$USDT Dominance USDT Dominance is grinding up slowly with significant volume and is currently trading above the daily ema200
If it can stay above 5.20% level, we may see further upward movement toward 6.20% as the first level of resistance
If the momentum sustained, I won't be surprised if will going to hit 7.50% to 8%
We know that USDT.D is inversely correlated with Bitcoin. If this would be the case, we can expect BTC trading 40k region.
USDT DOMINANCE USDT dominance impulsive wave "5" had been completed or is just about to complete soon...
corrective waves started.
USDT sitting on Subwave "b" of Wave "A".
The breakout above wave b is to be considered wave 5.
Subwave "c" is ahead
this is my POV
Shorts are just about to rekt soon
DYOR
NFA