USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we can see dominance 4-hour update dominance rise from here to 5.07% to 5.24% and when it rejects from there then we can take trade.
I think we can take some short calls from here
Sorry for my English it is not my native language.
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Usdtd
IMPORTANT UPDATE ON USDT DOMINANCE. DON'T MISS THIS!!!Welcome folks to my new update on USDT Dominance. To analyze USDT.D, I am gonna use a higher time frame (2 days).
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 USDT dominance is rallying back to the resistance level at 5% rejecting all the drops. But is it gonna break above the resistance? The dominance has already hit the resistance level twice and if the dominance reaches the level then this will be the third attempt. In the chart, you can clearly see that back in 2021 between June & July, the USDT dominance made a double top and then got rejected. We can expect a similar move here only if the dominance stays below the 5% resistance level. Breaking above this resistance level will be a nightmare for BTC and other altcoins.
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.
What do you think about the USDT dominance? Do you think that rejection is near or will it explode higher?
Let me know in the comments.
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USDT.DOMINANCE 1HOUR 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 can see dominance 1-hour update dominance rise from here to 4.69 and when it rejects from there then we can take trade
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.
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USDT DOMINANCE FACING A SLIGHT RESISTANCEWelcome folks to this new update on USDT dominance.
We saw some correction in the market which was much needed. The current scenario is paused as the USDT dominance is facing a slight resistance. The USDT dominance has already got rejected from the upper trendline at 5% and I am expecting a rejection from the current resistance level as well.
If the dominance manages to break out above the resistance level then be prepared for some more dump in the market. 3.77% is still a valid support level for USDT dominance. BTC will rally higher once the USDT dominance breaks down below 3.77%.
Keep an eye on the current. Let's expect a rejection here.
What do you guys think about the USDT dominance? Do you think it will fall or rise?
Share your views in the comments. I will be happy to know your ideas.
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Bitcoin Straight Up But Why? $47K Followed by $55KAt this spot it generally hard to figure if a retrace is coming after hitting resistance for BTCUSD or if it will continue straight up...
I say straight up.
Feel free to hit LIKE now and let's get started.
Other than the obvious and strong bullish bias that has developed on the Bitcoin chart, we also have a new tool.
( Thanks to @CryptoSoap who mentioned this chart in the comments section... )
Tether Dominance (USDT.D) has an inverse relation to Bitcoin (BTCUSD).
The USDT.D chart is looking pretty crapy and the signals are clear, it is aiming lower...
As this index aims lower, Bitcoins aims higher.
(My classic bullish signals are also showing on the BTCUSD chart.)
We are going for $47,200 followed by $55,100.
Leave us a comment with your opinion on this one.
Thanks for all the support lately, it is truly appreciated.
Namaste.
P.S. The "Stock Market" (SPX, NDX, DJI) is detaching from Bitcoin (BTC, Crypto) as anticipated...
usdtd breaks its own floor ???
Hello dear friends
usdtd breaks its own floor ???
The chart clearly shows us a shoulder and head pattern, and this pattern is a strong sign that the trend may change when it forms at the end of an uptrend.
As we know, in case of breaking the neckline, the pattern is confirmed.
The general situation of the market is such that one can hope to complete this pattern, and if this event is stabilized, it will be a strong sign to change the overall market trend from the current downtrend to a new uptrend.
I hope you enjoy this analysis and find it useful.
******Appropriate entry points for supports and resistances according to the chart*******
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USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Strong Dominance looks Bullish on High Time Frame but Strong Dominance may come closer to 4.32 Only then Dominance will Bullish Bounce
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.
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USDT DOMINANCE: IT WASN'T ENOUGH TO BREAK THROUGH.Welcome members,
Yesterday's market was scary when we saw USDT Dominance breaking through the resistance but looks like the volume wasn't enough to break the ceiling. The USDT dominance failed to break the resistance level at 5% for the fourth time which makes it a very important resistance level. Rejection in USDT dominance is good for the market but if it breaks the resistance then the market is doomed. I strongly believe that we will possibly see some further rejection on the USDT dominance keeping in mind all the odds. Breaking below the 21 MA will confirm a drop towards the 3.77% support level. The RSI on the other hand is still showing weak momentum.
Let's see what comes next.
Share your ideas on USDT dominance. I would be happy to know about it.
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USDT DOMINANCE AT THE RESISTANCE!!!PERFECT!!! PERFECT!!! PERFECT!!!
Welcome to this USDT Dominance update in 2 days timeframe. If you haven't checked out my previous USDT dominance update then don't worry, I have all covered for you. I have attached the link below so you can go through it.
Well, the USDT dominance perfectly followed the rally towards 5%, and currently, it is at 4.85%. This rally dumped the entire market and guess what, for those of you who followed my ideas knew from before about the current market scenario. Ok, so, what's next? The USDT dominance has not shown any sign of a bearish move here except the RSI. I know I have been talking about RSI a lot but this is something that I can't avoid. The USDT.D is green and pumping but the RSI volume is decreasing and this is completely opposite with Bitcoin.
We may see a spike in USDT.D but ultimately it is going to fall which means BTC and other altcoins will rally. I am expecting a drop soon on the USDT dominance. We will see how high it will go.
Do you view the USDT dominance the way I am viewing it?
Share your ideas in the comments.
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USDT.D Check the chartHello, by examining the chart, we come to three different scenarios.
1- The first scenario is to complete the price action and break the pattern inside the image and withdraw the money to the fixed assets of the dollar.
2- The second scenario is that with the withdrawal of bitcoin from the exchange and looting by market whales, more volume of liquidity has entered the market to buy more bits and other cryptocurrencies.
3- Suffering within the same limits for all currency codes.
4- The phase of intense fear and monopoly of most whales in the market for cryptocurrencies and Dominance Tetra reaches 8 to 10, which becomes very interesting.
USDT/DOMINANANCE 2HOUR UPDAYTE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
USDT pair you trade now it will be fine I will update as soon as the market changes
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.D - Getting close to an important areaThe dominance has formed a local descending formation - it's either a channel or a wedge depends on how you draw it- but either way the odds of it breaking to the upside are higher. If it continues to drop within its trendlines, it will soon reach an important zone (4.35-4.20) which is also where the lower trendline of yellow parallel channel is. This confluence gives a solid chance for a bounce from those levels (bearish for the market) However, if the dominance breaks below 4.20%, this could indicate a potential reversal (or at least short term recovery) on the market.
Historically (over the last 4 years), we have never seen a macro V-shaped change in a trend direction , that's why I would stick to a bearish narrative for a while, until proven otherwise.
-- 1h chart, local view:
Does the Crypto market bottom confirm?
USDT dominance shows some weakness on the important price action level and volume divergence is obvious.
USDT dominance show weakness in the weekly time frame. It means people inside the market are buying the dip.
RSI: Close to the overbought area.
📌DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment. I’m only recording my personal Technical Analysis (TA) for educational purposes.
I📌’m researching on crypto-economy and sharing my understanding with others, therefore these are results of my research NOT financial advice.
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Crypto's Correction Looks Over, Jan 26USDT Dominance has reached its resistance as you can see in chart
This is where I can assume that the correction is over
February has always been one of the greenest months for Bitcoin so I can expect the same to happen this year.
When USDT.D comes down, crypto market goes up
🔥 USDT Dominance Signals Bullish Reversal SoonThe USDT dominance chart is not a chart I see on TradingView that often. However, it offers good insights whether investors are selling their crypto for USDT, or spending their USDT to buy crypto. Generally, when USDT.D goes up, crypto prices go down. When USDT.D goes down, crypto prices go up.
Since the start of this bull-cycle, USDT.D has been trading in a clearly defined horizontal channel. Once USDT.D reaches the resistance area, the (local) bottom has either been reached or is very close. Once USDT.D reaches the support area, the top is either in or very close. I've marked the last four major moves on the chart, green being bullish moves and red being bearish moves.
Furthermore, the 3-day RSI is significantly overbought. The last two time this happened it signaled that the bottom was very close and we were prone for a bullish move.
Be aware that there's still more room to fall. We have a very important FOMC meeting later today. A bullish market reaction might trigger a further decline in USDT dominance and a corresponding bullish move from crypto. A bearish reaction might send USDT.D further up the resistance area.
Nevertheless, most of the damage from the current correction has already been done.
Happy trading!
USDT.D Daily TA : 12.26.21 : $USDT.DAs we can see, Tether's Dominance has reached an important resistance since the last 4 weeks and has shown a negative reaction to this level , and this has caused the USDT.D to fall , if the weekly candle closes below 3.30% , we can expect more fall from it.
It gives us a very positive view of the market, and that may help the bitcoin's pruce to break the very important resistance of $ 51700 range.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 26.DEC.2021
⚠️(DYOR)
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alt party or alt goodby party!i think bear seson is starting.
Be careful that bitcoin does not hunt you down.
The last chance is to leave the market ... If Bitcoin's 40% dominance in the market is broken, we have alt season, but if the wedge breaks up, Altcoins will be dragged to the ground and blood.