📈 Tether Dominance Monthly & The End Of The WorldWe looked at this timeframe once in the past and this is a very important one.
Tether Dominance closed last month on a strongly bearish candle, this month it is moving again below EMA10... USDT.D has been below EMA10 monthly only a few sessions in its entire existence... This is a major development and ultra-bullish for the Cryptocurrency market; Bitcoin & Altcoins growth.
It is really hard to belief because the world is ending for the 1 millionth time and as the world ends it is impossible to imagine anything positive happening but remember, the world has been ending ever since the day it was borne.
Listen, when something, somewhere goes down, something else in some other place goes up.
For example, the end of the world was Covid or the 2008 financial crisis, or 1929, or the revolution, or the World War, etc... It continues, it never really ends...
Back to my point, when Covid was launched, a huge portion of the world was hit very, very baldly but at the same time an entire portion that was suffering for a long time started to thrive.
My point is that energy cannot be created or destroyed it changes from one state to another.
✔️ If one industry goes down, another goes up.
✔️ If one country is going down, another one is rising up.
✔️ If a system is dying, a new one is being born.
Yes, there is negative in this world but look at the positive...
The positive is us, LIFE!
The world is not over... It is never ending, it is ETERNAL!
Get back to work!
Namaste.
Usdtd
USDT.D🐇USDT.D
🪄 We Have 2 Liquidity Zone In USDT.D ( Red Zone ) . these two area are not fresh anymore because price reached Them Once ! We Have Two Fresh Liquidity Area ( Green Zone ) . If USDT.D reach around them you can check that for opposite position in crypto market for short term ! Do Not Forget USDT.D Move Against Crypto Market !
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📈 Tether Dominance Replete Of Bearish SignalsSince everything I share is bullish, it is good to read the Tether Dominance chart to look at some of the bearish signals, for learning and entertainment.
We have the lower highs mixed with candlestick reading.
1) The inverted hammer as a lower high (double strength).
2) Doji after lower high inverted hammer (triple strength bearish signal).
3) Rejection at EMA10 and EMA21 (additional confirmation more strength to previously noted bearish signals).
4) MACD moves below 0 trading below signal line.
5) RSI trending lower and downtrend since June 2022.
We want to see the action... Let it drop!
Let the entire Cryptocurrency (Bitcoin + Altcoins) market go up.
Namaste.
BTC.D at resistance... time for Alts to shine? BTC.D is clearly at the top of this macro range.
USDT.D is also dropping.
This means we may see a mini alt season as alts follow BTC's recent rally.
One counter-argument is ETH Shanghai update - Lots of staked ETH will be (is?) getting unlocked, which could create a lot of sell pressure.
Some very crypto/finance savvy friends are shorting ETH here.
ETH makes up a huge % of TOTAL2 (altcoin market cap), so if ETH does start selling off, this idea will be invalidated, USDT.D will pump instead, and alts will bleed.
Good luck out there...
Happy trades
CD
USDT.DYou Can Looking For ShortTerm Long On CryptoMarket Around Usdt.d Liquidity zone Level as a resistance
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📈 Tether Dominance Monthly, First Time Ever! (4.10% Next)This is the first time ever we look at Tether Dominance on the monthly timeframe.
This is extreme bearishness what I am seeing here.
Let's start at the end, the stage is set for a drop to 4.10% minimum, that's the conclusion.
I mentioned that this would translate to Bitcoin at around ~$40,000.
Notice the "~" symbol, which means more or less as it should range between $38,000 and $42,000 when the time comes, which is soon.
USDT.D already printed an upper wick and trading near the low of the current session/candle.
The current candle trades below EMA10 on a very, very strong bearish bias.
✔️We have a massive rising wedge that already broke bearish.
✔️We have lower highs long-term (more than 6 months).
✔️And volume going lower and lower.
The volume will only increase again when the major drop comes.
As USDT.D goes down, Bitcoin and the Altcoins goes up.
✔️ Please make sure to Boost to help with your support.
Thank you for reading.
Namaste.
📈 Tether Dominance Long-Term Bearish Trend ConfirmedLast week closed as an inverted hammer and this was the "last hooray".
EMA50 still stands as support but we have multiple lower highs since June 2022.
The weekly MACD just entered the bearish zone:
The weekly RSI is also showing a strong bearish bias:
All the USDT (Tether) will be used to buy Bitcoin and Altcoins.
Here we can see clearly on the daily timeframe how MA200 has been lost as support:
Below this level Tether Dominance is always bearish.
Notice bear volume being at its highest since November 2022 when USDT.D started to decline.
The next drop will send USDT.D to around 4.81%, a major drop.
This is the level it traded at around April 2022, this would mean Bitcoin trading at about $40,000.
There is strong support at this level just as Bitcoin will face strong resistance at $40k.
Everything is pointing in the same direction... Bitcoin will grow like the world is ending... But the world isn't ending, it is just the end of an era where a new financial system will emerge.
✔️ Bitcoin is the future of money.
✔️ Cryptocurrency is the future money.
✔️ Bitcoin is the present of money.
✔️ Bitcoin is very likely to save us from another 2008.
Namaste.
USDT.DAs mentioned in the previous analysis, Dominance Tether also reached the support range as expected and we saw growth in the market as a whole, but we are still involved in a very strong range of 6.5 to 7.3% in Dominance Tether, which is more likely to break out of the bottom with time correction. Which will naturally lead to breaking the ceiling of 26000 in Bitcoin and moving towards higher goals. In the meantime, with this index suffering at the bottom and ceiling of this range and even retesting the downward trend line according to the Bitcoin Dominance analysis, we can correct the price of altcoins and suffer or correct the price of Bitcoin.
USDT DOMINANCE: AT THE SUPPORTHello traders, in this USDT Dominance chart I am not gonna explain much because you guys are smart enough to understand what the USDT chart is trying to say. The daily close is three hours away and if the USDT.D bounces back instead of breaking down and closing below the 6.5% support level then BTC and other altcoins will bleed once again. A breakdown below the 6.5% support will be a great relief for the market.
Let us wait and watch for the daily close.
Thank you and trade safely.
USDT Dominance Downward from supply zone. USDT.D updateHello my friends, Consider USDT market cap to help identify market movement, Everything is marked on the chart. The ascending trend has been broken and for now retesting as a pullback to 7.8 - 8% that we expected, then it will drops to 6-5.5%.
Good luck.
If its useful please like it as a support and follow me for next analysis :)
USDT DOMINANCE: POSSIBLE MOVE.Hello traders, I hope you all are doing well. Here's a quick update on USDT dominance in a daily timeframe.
We all know that BTC and the other altcoins recently dumped close to 10% and the USDT.D rallied. But here's the catch, the USDT.D rally couldn't surpass the 8.21% where we have the resistance trendline. This rejection could possibly lead the dominance to drop back to 7.13% meaning, BTC and altcoins might have room to make some green. The RSI is at the overbought area so a cool down is soon expected. The only invalidation point is the breakout and close above the resistance trendline.
What's your call on the recent market move?
Do share your thoughts in the comments. Thank you for reading and trade safely.
USDT DOMINANCE TARGETTING 8.93% OR MORE - MIDDLE TERMMy fundamental analysis , i expect the continuation of the inflationary pressure around the world that's why i'm still very bearish in crypto currencies.
Here i'm waiting for the continuation of the uptrend with a nice quintet elliot wave, targetting fibonacci 2.618 and may be more 3.618.
* What i share here is not an investment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose all your money.
USDT.D Second scenario.The second scenario for USDT.D is more possible for me, which is going to the green zone inorder to grab more liquidity before retesting the red horizontal rectangle. If this scenario happens, BTC will go to the price of (23200) and then we will head to (20500). This scenario is more possible for me and this is what I'm keeping in mind. Waiting for confirmations. Will keep you updated.
📈 Tether Dominance 25-Feb. Update = Bitcoin BullishFor this update, I left the chart from the 25-Feb. trade idea intact where I mention:
"Last time USDT.D found resistance at EMA50.
"Yesterday, the peak was hit at exactly this same level.
"This resistance is there but likely to be taken out."
USDT.D is now facing the next resistance in the form of EMA100, this one is stronger and less likely to be taken out.
In fact, I believe that this one will hold but let's see what the chart has to say as believes don't hold much value in this game.
The trading volume has been low and it is going lower.
The RSI is curving down and showing some bearish divergence.
Technically speaking, solely focusing on the chart, this resistance can also break but the next one at 7.51% is super strong and the last level, MA200.
Conclusion
We are seeing a bounce take place but the bearish bias remains strong.
The initial move is a bearish breakdown that happened in January, after a lower high in December.
This drop continues active below 8.77%.
But we are looking at a drop now and Bitcoin moving ahead.
If it moves to MA200 it should all still happen within a matter of days, say 5-9 days max and that's it for this bounce.
For those not familiar with why I am reading this chart.
Bitcoin (BTCUSD) and Tether Dominance (USDT.D) have an inverse relation.
When USDT.D drops, Bitcoin goes up.
When USDT.D goes up, Bitcoin drops.
USDT.D is now facing resistance as EMA100 and if this resistance holds, we get a continuation of the previous drop... And Bitcoin goes up.
Namaste.
USDT Dominance Upward to supply zone. USDT.DHello my friends, Consider USDT market cap to help identify market movement, Everything is marked on the chart. The ascending trend has been broken and for now going to retest as a pullback to 7.8% that we expected, then it drops to 5.5%.
Good luck.
If its useful please like it as a support and follow me for next analysis :)
USDT DOMINACE: BACK TO THE RESISTANCE.The USDT.D is close to its resistance. If the resistance can manage to hold this level then we can expect a rejection meaning, BTC and altcoins can recover the recent drop. Things are once again at the decisive zone and this is better than the confusing zone.
Fours hours for the candle to close, let's see what will happen next. I am expecting a rejection, what about you guys?
Trade safely.
USDT DOMINANCE: REACHING BACK TO 7.26% RESISTANCE.Quick update on the USDT dominance in 6 hours timeframe.
We can see that the USDT.D is trying to break and close above the 7% resistance zone and further moving toward 7.26% resistance. The further rally on USDT.D could possibly drop BTC up to $21.9k and the altcoins by 8% to 10%.
📈 Tether Dominance Bounce vs Bitcoins Correction AnalysisTether Dominance produced a bounce and this isn't surprising as this is within normal price action.
Last time USDT.D found resistance at EMA50.
Yesterday, the peak was hit at exactly this same level.
This resistance is there but likely to be taken out.
If EMA50 is confirmed as resistance a second time the below analysis isn't necessary.
After EMA50 or 7.04% Tether Dominance faces another challenge in the form of EMA100 (7.31%) and MA200 (7.46%), these resistance level are likely to hold.
The candles can pierce a bit above these levels before dropping or it can drop before reaching said levels but these are very likely to be confirmed as resistance on the first try as it happened with EMA50.
MA200, the black line on the chart, is a long-term indicator and thus this resistance needs to be confirmed.
Since it is the first time that USDT.D moves below this level since April 2021, it is important to retest it before continuing lower.
Once a level is turned, in this case from support to resistance, it needs to be tested as resistance to see if it holds.
If it holds, the USDT.D long-term downtrend is confirmed and the index is set to move much lower.
If it doesn't hold, the downtrend is likely to be over and USDT.D can resume growing.
Our belief based on reading multiple charts all across is that this level will be confirmed as resistance.
It can happen sooner than expected but the timing is for the market to decide.
Bitcoin moved from $15,500 to $25,250, which makes it normal if any type of correction, short or strong shows up.
But after the correction continues the growth.
Bitcoin is ultra-bullish above $22,222.
Bitcoin remains extremely-bullish above $20,000.
Breaking below $20,000 would be a very bad signal but the bullish potential would remain intact above the late November 2022 low.
As long as Bitcoin continues trading above its November 2022 low, the bullish potential for higher highs and higher lows long-term remains active.
Namaste.
USDT.DOMINANCE 1DAY UPDAYE BY CRYPTO SANDERS !!Hello, welcome to this USDT. dominance update by CRYPTO SANDERS.
CHART ANALYSIS:-USDT.D is bouncing from the horizontal support. If it breakout the current resistance level, a further bounce is expected toward the horizontal resistance.
The general pattern is bearish as it is exchanging beneath the Ichimoku cloud. We've to wait for a solid breakdown of the horizontal support, which would confirm another bullish move, as USDT.D works inversely proportional to the crypto market.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you