USDT DOMINANCE UPDATE: BE CAREFUL!!!Hello guys, welcome to the USDT.D update.
The dominance has dropped to the 4% support level as expected. We need to be extra careful here as this is the decisive moment for the entire market. The chart is pretty simple and clear on what could happen next.
Here are the two scenarios that could possibly take place.
Scenario 1: The USDT.D could bounce back like it did in the past and can rally back to 4.85%. This would mean that BTC and the entire market will dump once again.
Scenario 2: The USDT.D could break down further towards 3.8% to 3.6% which will surely give enough room for BTC and other altcoins to rally higher.
Okay, but which scenario suits the best?
Well, in order to get a clear confirmation we need to pay attention to the following things:
1. Support level: 4% is strong support for the USDT.D and I have already explained this in my previous update.
2. BTC and other Altcoins: BTC and almost every altcoins are on the bullish side of the market. It must calm down in order to maintain a good balance in the market.
3. RSI: If you pay close attention to the RSI then for USDT.D, it is already at the oversold range but for BTC and other altcoins, the RSI is at the overbought range.
What do you think about the USDT.D and the market? Do share your thoughts. I will be happy to read them.
More updates coming in.
Usdtd
USDT DOMINANCE UPDATE: WILL IT HOLD THE SUPPORT???Welcome members to this update on USDT Dominance.
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 in 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 it or use it to understand the market.
Let's get back to the chart.
The USDT.D has been rejected as expected and if it continues to dip then 4% support is not far away. This will be an important area where we need to be extra careful. 4% is a strong support level for USDT.D and ever since this lower trendline has been created at the beginning of the year, the USDT.D has always respected this trendline. So, there are chances that the USDT.D will once again respect this trendline and bounce back.
What interesting can happen is if the USDT.D breaks down below the 4% support level. That will be a disaster for the dominance but a boom for BTC and other altcoins. Now, we also need to keep in mind that a bounce is expected anytime soon and if that happens, BTC and other altcoins (which are at resistance level) will possibly fall.
So, be careful with your trade setups. If USDT.D shows any sign of long green candles, that would mean that the dominance is trying to bounce back and we can possibly short some coins. I will update more on that later but for now, let's stay extra alert.
Let me know what you guys think.
Do like and comment.
Thank you.
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this USDT.DOMINANCE analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to USDT.D 4 hour update by CRYPTOSANDERS.
If you have gone through with our yesterday's usdt.d 3-day chart then you will remember in that chart we mentioned that usdt.d is looking bearish in long term.
In the current scenario, in 4hr chart, it broke the lower trend line and we are expecting a retest and downfall from this level in upcoming days.
We should wait for the retest which will be the zone for to go long on ALTCOINS in usdt pair.
If it moves back inside the triangle pattern then our this chart will be invalidated.
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 GETTING REJECTED!!!Welcome members to this update on this USDT.D Update.
The USDT.D failed to break through the 21 MA. The current rejection has broken down below the supporting trendline. Now, in order to confirm the drop towards 4% support, the USDT.D must close below 4.35%. We still have 3 hours left for this present candle to close so let us not rush.
It is also quite possible that the USDT.D will leave a long shadow behind and gets back above the support level which will be bad for the market.
Things are still under the decisive zone. Our LTC, TRX, GALA, HBAR, trade setups are going well so far. I hope you guys are booking your profits as we are hitting the targets.
Let me know what you think about this idea and if you like it then do hit the like button. I will highly appreciate your love and support.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
#USDT.DOMINANCE 3DAY UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.DOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to a quick update on USDT.D
USDT.D broke the yellow MA which was support level.
In the current scenario, we need a confirmation of which will be the retest.
1 day & 8hr left for candle closing if it retests then
Here we can expect that it can move down near the red zone which will be the opportunity for us to take some position in ALT COINS in USDT PAIR.
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: A BOUNCE OR A REJECTION???Welcome members to this update on
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 in 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 it or use it to understand the market.
Let's get back to the chart.
Look, I don't mean to scare you but this chart right here is kinda scary. The USDT.D is bouncing back and currently, the only thing which is holding USDT.D is the 21 MA (Resistance). If you look at the backtesting then whenever the USDT.D bounced back from this supporting trendline, it has always bounced back, faced the 21 MA resistance but ultimately broke up to the upper trendline. It never got rejected from 21 MA.
Do you need to worry about your trades? Yes, you must but it is always wise to wait for confirmation. In this regard, 4.45% will be the level we have to pay attention to. A breakout above this level will be a clear sign to exit all your trades cause breaking above this level could mean a rally towards a 5% resistance level. As the USDT.D is still under the 21 MA so we can still expect a rejection towards a 4% support level.
I am still hoping for rejection on the dominance but looking into the past, I am skeptical. Let us not give room for emotions here. Let us stick with the facts & figures.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this in the coming days until then stay safe and trade well.
Note: This is not financial advice. This update is for educational purposes only.
Thank you.
USDT DOMINANCE: BE ALERT!!!Welcome members to this update on USDT.D.
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 in 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 it or use it to understand the market.
Let's get back to the chart.
The USDT dominance is once again at the same supporting trendline from where the dominance has bounced time and again. We need to be extras cautious with our trades cause things could go bearish if the USDT.d bounces from this level. Now, there are several reasons why am I pointing this level to be important.
1. Support: 4.32% is a good support level for USDT.D and there's a high chance that the dominance will leave a quick long shadow behind and then bounce back.
2. RSI: The USDT.D's RSI is at the oversold range and it is so obvious that sooner or later the RSI will move towards the overbought range.
3: BTC & ETH: Major coins like BTC and ETH recently gained some bullish momentum by 5%-6% and if we look at their RSI then it is already at the overbought range.
If we consider all these factors then I guess you have the answer.
Okay, let us consider other probabilities as well.
If the USDT.D breaks down below this supporting trendline then the 4% range is imminent which means BTC and other altcoins will rally higher than their present level.
So, 4.32% is an important level to keep an eye on.
That's it from my end.
Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.
I will cover more on this in the coming days until then stay safe and trade well.
Thank you.
#USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.DOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to USDT.D 4hr quick update by CRYPTOSANDERS.
As we can see at above-mentiond chart that usdt.d broke the lower trend line.
In current scenario its retesting the lower trend line so, here we are expecting a down fall which will be the opportunity for us to take some position in ALT coins.
Will be posting some ALT coin setup in a while.
If USDT.D once again moves inside the triangle pattern then our this chart will be invalidate.
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 CRYPTUSANDERSWelcome to this quick USDT.DOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Hello members, welcome you all to our USDT.D quick update.
As we mentioned in our previous chart that USDT.D should retest the lower trend line for confirmation and it fell right after the breakout.
In the current scenario, it’s also rejected from the blue MA.
So we are expecting it can come down to 4.15% mark which is also a strong support.
Now it’s an opportunity for us to take a position in some ALT coins.
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 BREAKING DOWN!!!Welcome members to this update on USDT Dominance.
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 in 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 it or use it to understand the market.
Let's get back to the chart.
The USDT.D is recently breaking down towards the lower trendline which is at 9% away. But before dropping up to that level, we have slight support at 4.33% which could be a stumbling block and the dominance could bounce back. In both scenarios, I am expecting BTC and the other altcoins to grow.
So, for the USDT dominance, the keep levels to keep an eye on will be 4.33% and 4.05%.
Tell me what you think about the USDT dominance? Will it drop or rally higher?
Let me know in the comments.
I'll see you on my next update.
Thank you.
USDT.D has breakout! what's next?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
USDT DOMINANCE has broken out this symmetrical triangle pattern but for confirmation, we should wait for one more candle to close above the downer support level of this symmetrical triangle.
Then we can expect a drop of up to 23%.
4.25% level is a very strong support level needed to break
this level for more further move.
let's see how the market reacts in a few hours
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
USDT.DOMINANCE 4HOIUR CLEAR PICTURE BY CRYPTYOSANDERS Welcome to this quick USDT.DOMINANCE analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Hello members welcome to our USDT.D 4-hour update
As we can see USDT.D was trading inside the symmetrical triangle.
It broke the lower trend line and blue MA too, which is a signal of the bearish trend in USDT.D but bullish for ALT coins in the USDT pair.
If USDT.D moves up to retest the lower trend line then it will be better for us to take entry in ALT coins.
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 UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
In a higher time frame, USDT DOMINANCE is making this symmetrical triangle pattern .
Let's take a look at the RSI . The USDT dominance might be rallying higher but there ain't enough strength in the RSI . The RSI is weak which indicates that the USDT dominance will fall sooner or later. I am keeping my eyes on it and waiting for the right opportunity to enter the market.
so, let's see how the market reacts in a few hours
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
USDT DOMINANCE UPDATE: IT'S ALL ABOUT THE SUPPORT AND RESISTANCEWelcome members, old and new ones to this USDT Dominance update.
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 in 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 it or use it to understand the market.
Let's get back to the chart.
The USDT.D has scaled up a little towards the upper trendline and as it is moving forward, we get to see some interesting support and resistance game here. The chart may look a little confusing because of all these trendlines but trust me these trendlines defines the next move on the entire market.
There is two major resistance, one is at 4.86% and another one at 5.15%. We can clearly see that the USDT.D got rejected multiple times from this Resistance 1 level and twice from Resistance 2. If we consider the current red candle as rejection then I guess this is where the dominance will fall and the entire market will rise.
But if we consider things another way around then USDT.D can rally higher up to Resistance 2. The USDT.D broke out of the yellow dotted trendline and it is currently retesting. This level also has a support of 21 MA which makes the dominance hard to fall.
I am considering a rejection to come soon on USDT dominance. It could either be now or after reaching Resistance 2. Either way, the dominance will possibly fall.
Do like and follow for more updates.
Thank you.
#USDT.DOMINANCE WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we mentioned in our last update that USDT.D will bounce from the yellow trade line and it bounced right from the yellow trade line and currently moving towards red tradeline or upper trend line. We hope that USDT.D will reject from the red trade line after that we will be able to see some good rally in ALT coins
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 UPDATE IN SHORTER T.F... Welcome folks to my new update on USDT DOMINANCE. I am gonna use 8 hours timeframe to explain to you the current and upcoming possible scenarios.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market.
In a higher frame, we saw that USDT.D was close to the resistance area and we are expecting a rejection coming in soon. In the 8 hours timeframe, the current range is at the 21 MA support level (4.64%). As you can see that the USDT.D after bouncing back from the lower supporting trendline is already 20% up and it is yet to hit the upper resistance trendline. Looking into the technical aspect, the RSI, and the chart movement, the USDT.D can possibly rally higher towards the 5% resistance level. This could mean that BTC and other altcoins will drop a little bit more.
On the other hand, if the USDT.D gets rejected from the 21 MA then we can expect the dominance to fall up to the support level. This could mean a good rally in BTC and other altcoins.
In both ways, USDT dominance will reject and this could be a good opportunity to make some profits.
What do you think about the USDT dominance? Do you think it will get rejected or will it make a jump from here?
Do like and follow for more updates.
Thank you.
REJECTION IN USDT.D WILL LED US TO SEE SOME GREEN CANDLES IN ALTWelcome to this quick USDT.D analysis in the chart !
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Welcome to our USDT.dominance update we can see some rejection from 4.64% to 4.77% range. Till then we should avoide to take tarde because taking trade in this scenario will be bit risky. Always remember good traders never go opposite of market trend. Always try to understand the trend of market and trade with the trend and sentiment of market.
Do like , follow comment, share with your friends because this motivates us.
Sorry for my English it is not my native language.
THANK YOU...
USDT DOMINANCE: NOT GIVING UP!!!Hey folks, welcome to my new update on USDT Dominance.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market.
'I'm not giving up' I guess that's the song the USDT.D is singing right now and the market is watching. Jokes apart, the USDT.D is holding strong support at the bottom trendline. I guess we are closing down to the edge of the decisive moment and looking into the present scenario I am gonna analyze some valid points for a clear picture.
1. The USDT.D has been rejecting from the 5% resistance level and also it has been bouncing back from the yellow dotted supporting trendline. Comparing both levels, the resistance seems stronger than the support and I am expecting a rejection towards 3.77% soon.
2. If the USDT.D manages to break above the 5% resistance level, still it needs to break through the yellow dotted upper trendline. The 21 MA is also strong support for the USDT.D which isn't good for the market.
So, I have said this before and I am still sticking to these words if the USDT.D breaks the 5% ceiling (resistance) then I am gonna exit my trades and will look for a better entry-level.
What do you guys think about the USDT dominance? Will it get rejected or will it breakout?
Let me know your thoughts in the comments.
Do like and follow for more interesting updates.
Good hours ahead.
Thank you.
USDT/DOMINANANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
welcome to our USDT.D update as we can see that USDT.D rejected from the upper yellow zone and that's why we saw some green candles today.
USDT.D is currently trading on the lower support level if it breaks down the 4.46 level then we will see more green market.
If dominance bounces right from the support level then we can take some short calls.
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: GOT REJECTED ONCE AGAIN!!!Welcome folks to my new update on USDT DOMINANCE.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market.
The word 'STRONG' is perfect to define the 5% resistance level on USDT.D. The USDT.D has been continuously getting rejected from this same level. The current candle is at the 21 MA support and if the USDT.D breaks below it then there will be a short-term bullish rally in BTC and other altcoins. A bounce-back will surely not be good. We still have strong support below the 21 MA and in order to confirm a massive rally in the market, the USDT dominance must break down below the 3.77% support level.
In the meantime, I am gonna scalp trade, continue to hold my mid-term and long-term holding.
What's your plan?
Do like, and follow for more updates and trade setups.
I will see you in my next update.
Thank you.
USDT DOMINANCE: STILL NOT ENOUGH!!!Welcome folks to my new update on USDT DOMINANCE.
If you are viewing my post for the first time then do hit the like button and graciously follow as well. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in 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 it or use it to understand the market.
Looks like the USDT Dominance hasn't got enough strength to break through the 5% resistance level. Every time the dominance tried to break through it, the end result was a rejection. Well, this time will it get rejected again? Or will it break through? Let us discuss on this chart the possible outcome of USDT Dominance and the entire market.
The USDT.D has been gradually increasing making a higher low pattern but comparing it with the RSI, the RSI is decreasing making a lower high pattern. Whenever we notice such differences between the RSI and the actual chart, it indicates either a dump or a pump, and in this case, we may see a dump coming soon. This means BTC and other altcoins may rally higher.
Flipping the other side of the coin, if the USDT.D denies the dump and breaks through the 5% resistance then we will surely see a major dump in the entire market. So, the 5% resistance is still a valid resistance level and I will stick with it.
My biased is towards rejection. What about you? Do you think the USDT dominance will reject or will it breakthrough?
Share your views in the comments.
Do like, and follow for more interesting updates.
I'll see you in the next update.
Thank you and trade safely.