USDT DOMINANCE: SHOULD WE BE WORRIED???Hey guys, welcome to this USDT.D update in 6 hours timeframe.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
The USDT.D is still above the 5.5% resistance trendline in a longer TF which is now technically acting as support for the dominance. If you view the same chart in a longer TF then you'll notice that the USDT.D has actually retested and getting ready to bounce back.
In this 6-hour TF, the dominance is breaking out of the triangle which looks like a descending triangle to me. Usually, the descending triangle is a bearish pattern but in some cases, it could be bullish too and we call it a 'Reversal Pattern'. If the dominance has to bounce then it may reach all the way to 6.5% to 7.2%. This means that BTC and other altcoins will drop. A breakdown on the other hand could drop the dominance up to 5.5%.
We still have roughly 4 hours for the candle to close so let's see what will happen next.
Until then, trade safely.
Usdtd
#USDT.DOMINANCE 2HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
As we can see from the above chart, USDT.D is currently trading inside a symmetrical triangle downside brack the candle and bullish usdt pair coin.
A break below the lower trend line level would trigger the USDT pair altcoin is pump
Here if USDT.D breaks down it may move towards the 5.20% level.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
Tether Dominance Going Down, Bitcoin Going Up!I just shared a trade idea for Bitcoin mentioning a "relief rally"... See it here !
Here we can see USDT.D closing below EMA10 after an inverse cup pattern.
This signals lower prices.
With BTCUSD and USDT.D having an inverse correlation, we can see BTC's price rise while a drop happens in USDT.
I am keeping it simple for now...
I will go into more details later on.
Welcome back!
Thanks a lot for reading and for your continued support.
Namaste.
#USDT.DOMINANCE 2HOUR UPDATE BY CRYPTOSANDERS !! Hello, dear traders welcome to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to get the best possible results in this chart.
Hello dear traders, we are new here so we ask you to support your ideas with your LIKE and COMMENT, feel free to ask any questions in the comments, and we will try to answer for all, thanks, Friends.
As we can see from the above chart, USDT.D is currently trading inside a symmetrical triangle pattern.
A break below the lower trend line level would trigger the USDT pair altcoin is pump
Here if USDT.D breaks down it may move towards the 5.20% level.
Thank you for your time, we hope that our work is good for you, and you are satisfied, we wish you a good day and big profits.
Thanks.
#USDT.DOMINANCE 2HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see from the above-mentioned chart that USDT.D is currently trading inside the symmetrical triangle pattern on a lower trend line bounce and upper tradeline brake and altcoin pump and USDT pair.
Break below the lower trend line level will trigger USDT pair altcoin to move aside for shot run.
Here if USDT.D breaks below then it can move down towards the 5.20% level.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this USDT.DOMINANCE 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see from the above-mentioned chart that USDT.D is currently trading inside the symmetrical triangle pattern on a lower trend line.
Here I am expecting USDT.D will gain some % and then break back below this triangle pattern at the price level of 5.85%.
Break below the lower trend line level will trigger USDT pair altcoin to move aside for shot run.
Here if USDT.D breaks below then it can move down all the way towards the 5.10% level.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#USDT.DOMINANCE 2HOUR UPDATE !!Hello, dear traders welcome you to this USDT.DOMINANCE 2hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see that at the above mentioned chart that USDT.D was trading inside the bull flag pattern in this 2hr chart pattern.
It broke well and now moving upside after an perfect retest.
So here I am expecting more % gain in USDT.D. in upcoming hours towards the 7.20% level.
According to the current scenario stay aside for some time from USDT PAIR ALT COIN until dominance shows some reversal.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this USDT.DOMINANCE 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
In scenario 1, we can see that whenever 100D MA cuts the candles below then USDT.D becomes bullish.
In scenario 2, we can see that 100D MA crossed the candles and it becomes bearish.
In scenario 3, we can seas the same scenario as scenario 2 where agin 100D MA crossed the candles and USDT.D moving downside.
Here I am expecting a break below this channel pattern which will be the indication to go long in different USDT pair ALTCOINS.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#USDT.DOMINANCE 1HOUR UPDATE !!Hello, dear traders welcome you to this USDT.DOMINANCE 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
usdt. dominance is a falling wedge and bearish pattern and bullish monument in an altcoin.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
USDT.D - DUMP\PUMP BTCI am now analyzing volumes in the language of numbers (what I teach in a closed group) and there will be huge volatility, so also consider a similar option, a false takeaway up and strong increase with the goal of $31,800👀 it will happen within 2 hours.
You must understand that there is a probability trade, I will earn with any price movement since I have several price movement scenarios▫️
1. false takeaway down to +- 29300 and further reversal, scalp long entry on volumes with $31800 targets🚀
2. Now there is a local growth to $ 30,500 and from there a set of positions in short (reading the volume in the language of numbers gives a more accurate answer when to enter)🩸in this scenario, I will try to warn you in time
USDT.D - dump BTC more than 5%USDT.D - dump BTC more than 5%
The price was clamped in a triangle, we are also moving above the global bullish pennant on the weekly timeframe, now a bullish flag pattern has been formed, which I expect to work up in the near future. in my past ideas, i talked about that there will be a drop in BTC, though I did not expect such a big drop, so work locally with what you have
USDT.DOMINANCE 1HOUR UPDATE !!Hello, dear traders welcome you to this USDT.DOMINANCE 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can see in the above-mentioned chart that USDT.D is trading inside a descending channel pattern also rejected from the 100D MA and moving towards the lower trend line of the channel pattern.
In scenario 1, we can see that whenever 100D MA cuts the candles below then USDT.D becomes bullish.
In scenario 2, we can see that 100D MA crossed the candles and it becomes bearish.
In scenario 3, we can seas the same scenario as scenario 2 where agin 100D MA crossed the candles and USDT.D moving downside.
Here I am expecting a break below this channel pattern which will be the indication to go long in different USDT pair ALTCOINS.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
#USDT.DOMINANCE 1HOUR UPDATE Hello, community members welcome you all to this market cap USDT.D 1hr chart analysis.
As we can see in the above-mentioned chart the USDT.D war trading inside the triangle pattern and broke upside.
Currently, USDT.D retested the upper trend line moving towards the upside which is a signal of bearishness in ALTCOINS.
Now, if we look at the first scenario USDT.D broke the triangle pattern and pumped almost 25% after retesting the upper trend line.
Here at the current scenario if pumps then it can pump again 25% or if USDT.d rejects from this level then blue MA is also worKING as support.
So here, USDT.D needs to break the blue ma if it comes done then it will be the indication of the rally in ALTCOINS in the USDT pair.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
thank you.
USDT.D Update: Crypto Market is still bearishTether dominance is moving in a parallel ascending channel with an acceptable fractal which is now indicating a bullish episode of growing dominance. As dominance goes up the whole crypto market will suffer more correction. So I expect the bearish market to continue yet until around %9 USDT.D which is the top of this main channel.
USDTDOMINANCE UPDATE BY CRYPTOSANDERSHello community members welcome you all to this USDT.D 1d chart update by CRYPTOSANDERS
As I mentioned in my previous chart that USDT.D broke the lower resistance level and currently heading towards the upper resistance level and IMO, which will be the rejection point for USDT.D and buying opportunity for bull traders in USDT pair coins.
If USDT.D breaks the upper resistance also then ALT coins will bleed hard.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
If you like it, hit the like button and share your charts in the comments section.
thank you.
USDT.D reaching new levels 🧟♂️ Not good outlook for crypto 🙅Greetings,
USDT Dominance currently sitting at 6.10%, reaching levels it has not seen before which is further bad news for Cryptocurrencies. I spoke yesterday about 5.40% being its high point and we may be able to see some relief here and a potential reversal, well I was wrong, it smashed through yesterdays levels and does NOT look like stopping any time soon. As the % of USDT.D rises in the chart above, this means people are selling their Bitcoin or Altcoins for USDT, essentially as this % rises we see price of BTC & Alts fall.. I'm trying to stay positive about the current market states, but it's looking bleak.
What is USDT.D?
USDT (or Tether) is a stable coin, pegged to the USD. The USDT dominance is the ratio between the market capitalization of USDT to the total market cap of the entire cryptocurrency market. When we compare this ratio to the trend of USDT itself, we can learn more about what opportunities the current market environment offers and the flow of money between Bitcoin, Altcoins & Stablecoins.
USDT dominance chart is a recent chart that TradingView has added, most crypto traders are focused on the BTC dominance chart. But this chart gives a rare insight into market conditions. We have to thank @TradingView for recently adding this one!
BTC Dominance Chart
We can see BTC.d is not giving us any major indications of a bearish or bullish future which is why at this point in time I am focusing on USDT.d.
TOTAL
TOTAL shows total market capitalization of the top-125 cryptocurrencies.
Remember, nothing is guaranteed, control the controllables.
Mogues.
!!!IMPORTANT UPDATE!!! USDT DOMINANCE: HITTING THE RESISTANCE!!!Welcome members to this important update on USDT dominance in 3 days timeframe.
If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market.
The USDT dominance broke the 5.25% resistance in a lower timeframe. Looking into a higher timeframe we still have strong resistance at 5.54%. This is going to be a decisive point for the dominance and the entire market. The all-time high for USDT.D was 5.53% and it is most likely possible that we will see a new all-time high on USDT.D followed by a rejection.
So, if the rejection is imminent then can we consider BTC and other altcoins to pump?
Yes, of course. If the USDT.D gets rejected from this point then we will surely witness a mega rally coming in soon.
For BTC and altcoins to pump, all we need is a healthy rejection from the resistance level drawn in the chart. Compared to the past when USDT.D got rejected from 4.92%, it dropped close to -60% and then rallied 180% making a new ATH. Soon after that another rejection took place and it was about -50% and then a 120% till now. All this happened in a span of 100 to 180 days. This means if the USDT.D gets rejected any time soon, we may witness a mini altseason for roughly about 180 days.
Now, if the dominance break through the resistance and continues to rally higher then it will surely change the entire market scenario. This will surely be a disaster but for now, I am considering a rejection of the dominance. It will be a wise decision to wait for the confirmation and then get into BTC and other altcoins. So, get ready with your funds cause if it is so good to be true then you're gonna make some good money.
Let me know your opinion about the USDT dominance.
Thank you.
Bitcoin Pump Signal 🚦I was looking at USDT dominance (1D time-frame), and just found interesting signals 🌞
1. USDT.D has broken the green bullish trend-line and now is on a bearish move.
2. It is being rejected after it has reached the red trend-line as a dynamic resistance area .
3. The static resistance above is a strong long-term resistance area that is rejecting the USDT.D
What I personally conclude from these 3 signals, is that there is a high possibility that USDT.D will start a strong down-trend. And as the Bitcoin is on a strong support area as well, it can help the Bitcoin PUMP!
Feel free to let me know about your ideas or any questions you got in comment section.
USDT DOMINANCE: A BREAKOUT OR FAKEOUT???Welcome folks to this interesting update on USDT dominance. For today's update, I am using the same 12 hours chart.
In the last 24 hours, I posted a similar chart on USDT.D where I pointed out the support and resistance level. And as soon I posted the idea, BTC dropped and the USDT.D bounced back, breaking and closing above the resistance trendline.
What this could probably mean? Does it mean that we are done with the market?
Well, many traders might be thinking the same question but here's an interesting thing in this exact same chart. Just look at the dotted trendline drawn both in the chart and the RSI. The USDT.D might have broken above the trendline but after a big bounce, the USDT.D stopped right at the dotted trendline. And in the RSI, the volume is getting rejected from the trendline and it is unable to break through it.
So, is it a fakeout or an actual breakout?
This could be both considering the below-mentioned conditions.
Condition 1: If the USDT.D gets further rejected and the candle drops back under the upper trendline then we can consider this as a fakeout.
Condition 2: If the USDT.D bounces back in the next closing of the candle breaking and closing above the 5% resistance, we should be worried if we are holding any positions.
The RSI on the other hand is still valid and I will strongly stick to it. In this current scenario, I am out of my leverage trading, completely. I have my spot holdings which are ok so far.
Let me know what you think about the USDT dominance.
Do like and follow for more updates. Thank you.
USDT DOMINANCE: A DROP INCOMING!!!Welcome members to this update on USDT Dominance.
My sincere apologies for not posting the charts consistently for the last couple of weeks due to some medical emergencies. Thank you for your DMs and for showing your concerns towards me. It means a lot and for general information, I am alright and doing great now.
Moving on to the chart. Well, for the past few days, we are noticing some rejection in the USDT.D and this is coming out strong. This is the exact same resistance trendline from where the dominance got rejected in the past. We may see some greens in between but in a long term, the USDT.D is most likely to get rejected. I am still considering 4.8% to 5% to be a strong resistance zone for the USDT.D. If the USDT.D manages to break and close above it then things may go another way around.
Talking about the rejection, if the USDT.D keeps getting rejected then I am expecting a 17%-20% drop by the end of May 2022. This means altcoins will have plenty of room to make profits and BTC may rally higher.
The RSI, on the other hand, shows a bearish divergence move. This clearly indicates that the USDT.D will possibly drop in the long run.
We have two important supports for the USDT dominance. Support 1 is at 4.5% and support 2 is at 4.3%. The dominance may possibly bounce back from or close to these levels and whenever the USDT.D will bounce back, that will be a good opportunity to enter the trades.
What's your thought on this? Do you think the USDT.D will reject furthermore?
Do share your views and like my ideas.
Thank you.
#USDT.DOMINANCE DAILY UPDATE BY SANDERS Hello, welcome to this USDT.D 1D chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
As we can see in the 1d chart it is evident that USDT.D rejected from the resistance level and Wee can see that whenever USDT.D rejects from the upper trend line resistance it goes down for at least 3 weeks which is a good signal for the bull traders to get in the market.
Its currently facing the support of the black MA.
Here USDT.D needs to break the MA support for a bearish rally in upcoming weeks.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#USDT.DOMINANCE 4HOUR UPDATE BY SANDERS!Hello, welcome to this USDT.D 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
In the above-mentioned chart, it is evident that USDT.D is moving inside the channel pattern on a support line.
Here I am expecting that USDT.D can bounce from the current level and can move upside towards the upper trend line resistance in which the ALT coins will bleed hard
After a bullish move, it can reject from the 5.15% mark which will be great for bull traders to get into a long position.
In other scenarios, USDT.D can go down from this level also after a break to the current support line which will also the zone to go long for bull traders.
IMO, we should wait for the candle close which will be the confirmation that which side we should move.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.