USDT.D trade ideas
bear market confirmationIf the chart will consolidates above 5.81%, i.e. above the sloping downtrend line, this would be an early indicator of the start of a bear market, because this line is global for the current bull market.
The second confirmation will be if dominance will bumped at 3.94 - 4.30% range as wave B and will update the end of wave A.
USDT.DOMINANCE WEEKLY CHART UPDATE. Current Market Structure:
Breakout Confirmation: USDT Dominance has broken out of its descending trendline and is now in a retest phase.
50MA as Support: The 50-week moving average now acts as dynamic support, reinforcing the bullish outlook.
Rejection or Breakout? The price is currently testing resistance. If it gets rejected, a temporary pullback is likely before further gains.
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USDT DOMINANCE NEW UPDATE (8H)This analysis is an update of the analysis you see in the "Related publications" section
From the upper green zone, Wave F of this bullish diametric is expected to complete, leading to Wave G. Wave G is a bullish wave that will likely cause the market to turn red.
Let's see what happens
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
USDT Dominance Dropping! Is This the Start of a Crypto Bull Run?CRYPTOCAP:USDT Dominance chart is approaching a critical phase, currently trading within a strong resistance zone while showing RSI bearish divergence.
This suggests potential weakness ahead, which could lead to a drop in USDT dominance. If that happens, it typically correlates with a bullish phase for altcoins, as traders rotate capital from stablecoins into riskier assets.
A breakdown below the rising support line could confirm a reversal, leading to further downside in USDT dominance. This scenario would likely trigger increased buying pressure in the altcoin market.
BEARISH SCENARIOI'm currently tracking a bearish scenario for USDT.D. Two Harmonics are presented namely ABCD Shark patterns. This is due to the double bottom formation of the USDT.D, an Imbalance has to be filled at approximately 7.5%, and a liquidity at around 9.5% that needs to be taken out. The invalidation level would be below the double bottom formation...
bear targetAfter 4 months of watching at this chart i made a conclusion. Here is the global picture.
The reactions on the chart are always zigzags. The whole figure has: 3-5-3-5-3 structure, which gives the impression that it is an ending diagonal.
The target for diagonal is a figure is its base, marked by the blue horizontal line - 9.42% on the dominance, or +72% from the current value.
If the chart will consolidate above 5.81 %, i.e. above the sloping downtrend line, it would be confirmation that bear market has started in 2024 December, or we are in ABC now.
This trend line is the key because this line is global for the current bull market.
If this is an ending diagonal figure, I beware for the future of national fiat-currencies, after the bear market on cryptocurrencies. But i still need to think more on this discovery.
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Let's analyze USDT dominance :
The USDT dominance (USDT.D) recently rebounded from a critical 3.80% support level, coinciding with BTC's price drop from $109,000 to approximately $78,000. Currently, USDT.D is testing the 5.70% resistance. A minor pullback to 4.90% is possible. However, a break above 5.70% could propel USDT.D towards a higher resistance zone of 6.35%-6.60%. For Bitcoin to reach a new all-time high (ATH), it's essential that USDT.D rejects these resistance levels and subsequently breaks below its upward support trendline.
Support Levels:
4.90% (current support)
3.80% (crucial support)
Resistance Level:
5.70% (current resistance)
6.35%- 6.60% (crucial resistance)
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USDT.D hinting of a massive cryto market reversal ↑. GET SEEDED!USDT.D an inverse confluence of the crypto market has predicted the major correction before it happened. It has gone parabolic for a few weeks tapping its favorite resistance roof line aT 5.50%.
Now, based on the last weekly close, USDT.D is hinting of a major market reversal to the upside. (USDT.D falling = crypto market rising). It means USDT.D in red means, more cash are being converted to crypto holdings.
The first descending shift line at the upper channel has been registered. First time since September 2024. This is already conveying of a major shift in trend and a weighty series of price growth from here is forthcoming in the next coming weeks.
Best season to get seeded again on the market -- moreso scale in on the bluechip ones, BTC ETH ADA XRP.
It's that season again. A very green one.
Spotted at 5.30%
Mid target at 3.50%.
TAYOR. Trade safely.
USDT.D update (1D) - March 14 2025Back in Feb when USDT dominance was at 4.7% level, it was stated that the index was about to rise and in reality the same took place and the rise in USDT dominance caused heavy dumps across the entire market.
USDT.D is now in the vicinity of the long term descending trendline and some initial bearish signs are visible. Since it is the 3rd touch of the said trendline, we don't usually expect a crossing unless (for any reason) a strong sell pressure in the market kicks in.
The main scenario here is a drop in the index which means a rise in the market.Yet, it needs some more time to do so and the trigger for the drop shall be the breaking of the indicated blue trendline.
The alternate scenario is that USDT.D crosses above the long term descending trendline causing more drop in the market for the coming weeks and months.
USDT at the critical resistancethe USDT dominance is at a very important & multi resistance area.
it does have trendline resistance & 61% of Fibonacci retracement , and looks like we have a bearish divergence on weekly RSI for it as well.
with a weekly candle rejection we might see a rally for cryptos IMO.
Higher Local Highs for USDT.DCRYPTOCAP:USDT.D CRYPTOCAP:TOTAL NASDAQ:MSTR
In a previous post regarding USDT.D my updated 1:0.786 overshoot ratio target was reached. My original TA suggested that the 3 wave correction may be complete when my target was tagged.
After further research into MSTR; the structure does not appear to have completed its correctional phase. Being that MSTR is a leading indicator for BTC and TOTAL; this could suggest that USDT.D may continue to head on up, consequently driving many assets to lower local lows and quite a few to all time lows. (Check out my MSTR Publish).
For USDT.D; this 3 wave correction may in fact develop into a 1:1 retracement. I would imagine that we could get a wave down from here after hitting the 0.786 overshoot and possibly find support on September 2020 resistance/support structure before making another wave up, but those details can often become a bit fuzzy, so don't take my word for it.
In the previous trend up; from March 24' to August 24', there was a fairly clean 5 waves up that provided the clues of the trend, with the 5th wave marking the top. This is not the case for this trend up being that we have a double bottom at the begging of the trend and a messy way on up.
I'll be keeping a closer eye on MSTR as this asset is strongly recommended to follow by my charting coach dRends35, and I'm also noticing that it is on other traders radars as well.
With this note; Be extra cautious out there traders and good luck!
-NOT Financial Advice-
Market USDT Dominance (ATH) DroppingUSDT D is dropping from the last ATH we clearly saw the other days when the market was crashing to the abyss 💥
Smart money may move out once more from USDT into bitcoin and altcoins
As we may know - USDT D is much sensible to the Alt Coin market than Bitcoin
Mainly because the investor behavior is different from very high risk to moderate risk
I put a candle pattern on this chart - as a bullish scenario where liquidity eventually will poor out into altcoins and this time we may see the start of a prolonged bull altcoins season 🍀