USDT DOMINANCE: THE SEE-SAW MOVE.In simple words,
Rejection: Good for the market.
Breakout: Bad for the market.
I hope the message is clear. Good hours ahead, guys.
Usdtdominanceidea
USDT DOMINANCE: WISHFUL THINKING.How I wish to see the USDT dominance getting rejected below the rising wedge pattern. But will it actually happen anytime soon? I am not sure when it will happen. Maybe we can witness another rally toward the 8.5% resistance level or a rally toward the yellow dotted line and then rejection towards the lower support. The market can take a sudden turn in any direction in this kind of scenario.
Irrespective of what the market shows in the lower timeframe, the higher timeframe is clear enough to project a rejection in the USDT dominance. We are not far away to witness something massive in the market. So, keep hustling, and don't give up.
I hope this update is helpful to you.
Trade safely.
#USDT DOMINANCE UPDATE!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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 to this chart, Do not consider financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE is trading under this symmetrical triangle pattern now we need a confirmed breakout or breakdown of this pattern
As per the chart Still Waiting for Confirmation
Here we have Now Two Scenarios:-
Scenario 1:- if dominance breakout Upward any DAILY candle above then We can see a bounce toward the 10.30% resistance.
Scenario 2:- If dominance breakdown this symmetrical triangle then we see some good bounce on ALT.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT DOMINANCE: ANOTHER DILEMMA. Hello traders, the USDT dominance is once again in a junction of a difficult decision. This is not the first time we are facing this issue.
Timeframe: 12 hours.
Preview: We expected a drop in the USDT dominance but the chart got invalidated.
Update: In this 12 hours timeframe, the USDT.D is perfectly following the trendline and we can see a decent drop right after the pump yesterday. This drop once again is right at the 21 MA support level. If you remember, I mentioned a few weeks ago that rejection is long pending for dominance which is true but the main question is 'WHEN'?
When are we going to see a big dump in the dominance and a rally for the rest of the market? This is something that is quite confusing to tell in this scenario. For now, all I can see is either a rally toward the 8.2% resistance or rejection toward the 7.2% support.
Better be prepared for any situation at this moment. 7 and half hours still to go for this 12 hours candle to close.
I hope this update will be helpful. Trade safely.
#USDT DOMINANCE 3HR UPDATE !!As usdt dominance constantly gained almost 8% from the reversal zone at 7.24% level.
In the current scenario, usdt dominance is currently trading inside a rising wedge pattern and a breakdown is expected from the current level after a rejection from the superior resistance of 7.90% level.
Break down of a wedge will lead usdt dominance towards the lower support zone for one more time, which will Simultaneously brain a good green movement at falcons.
Let's hope for the best.
If you are new to my channel hit the like button follow and comment In the comment section if you find this update helpful.
So, do your own research before any trade and hit the like button if you find this analysis helpful.
This is not a piece of financial advice.
Thank you.
#USDT DOMINANCE is trading inside this channel!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE is at perfect resistance as you can see. The USDT.D will drop down and we can see the opposite reaction on BTC and other altcoins. In case it breaks the upper resistance then the chart will be invalid.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
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Thank you
USDT.D AT LOCAL RESISTANCEHello, traders welcome you all to another chart update on USDT DOMINANCE.
If you are reading my update for the first time hit the like button follow and comments in the comment section if you find this analysis helpful.
As we saw how dominance bounced from the lower trend support at 7.27% and rallied almost 5%.
In the current frame, usdt dominance is facing a resistance trend line which could be the rejection point, for now, a break above will lead it to rally toward the 7.80% level.
MACD printing a bearish crossover which could be the signal of some drop.
Let’s see how this chart pays out in the upcoming hours.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
Do your research before making any trades.
Thank you.
#USDT DONINANCE is at resistance!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE is at perfect resistance as you can see. The USDT.D will drop down and we can see the opposite reaction on BTC and other altcoins. In case it breaks the upper resistance then the chart will be invalid.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT DOMINNACE: CHANCES OF REJECTION.Hello traders, here's a quick update on the USDT dominance for you all.
Time frame: 3 hours.
Preview: In my previous update, I mentioned regarding the bounce back and how the 7.3% holds strong support. Things played out well so far.
Update: We saw how the market got dumped and the USDT.D rallied. Currently, we can see a slight resistance at the 7.58% range which could be the rejection point for USDT.D. To rally higher, the USDT.D must break out above the resistance level. A rejection on the other hand will pull back the price to 7.43% to 7.3%.
That's it for now. I hope this update will be helpful to you.
Trade safely.
#BTC/USDT 4HR CHART UPDATE !!As BTC is currently trading inside a rising wedge pattern,
BTC moved back to the mid-lower support range after a bearish divergence below the upper trend line resistance.
BTC needs to hold this level to climb above again, rejection will lead it to touch 19k again.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
USDT DOMINNACE: PERFECT BOUNCE.USDT Dominance Update:
A perfect bounce as you can see. Damn! I did not see this trendline coming. The USDT.D is rallying up and we can see the opposite reaction on BTC and other altcoins. If this bounce is so good to be true then we may see some more dumps in the market.
I hope you guys followed my BTC update and acted accordingly. Congratulations to those who shorted the market and those who are in loss, if the loss isn't heavy just get out but if it is huge then bear with it.
That's it from my end. Trade safely.
#USDT.DOMINANCE 12HOUR UPDATE BY CRYPTOSANDERS !!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.
DOMINANCE UPDATE:-USD dominance is forming a symmetrical triangle pattern and the upper train line is in support of the 21ma upside breakout, which could dump BTC and altcoins
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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: A DROP LONG PENDING.Hello guys, welcome to this USDT dominance update. This will be a continuation of the previous update.
Preview: In our previous update, we talked about the rejection of dominance. It did get rejected but the same thing happened again, the 21 MA held the distinction to drop any further.
Update: In the recent move, it looks like the USDT.D is serging to rally higher. As I said, rejection is long pending and if this bounce is good to be true then the dominance may possibly reach the 8% range and then get rejected. Another possibility could be a rejection from the present price level but only if the dominance shows some weak hands.
Impact: If the USDT.D rallies, the market will drop and vice versa.
That's it from my end. I hope this update will help you with your trades.
Thank you for supporting. God bless and trade safely.
#USDT DOMININCE BREAKS DOWN THIS RISING WEDGE PATTERN!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE breaks down this rising wedge pattern so we can expect a drop up to 17% according to the pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT DOMINANCE ANOTHER BEARISH SCHNARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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 to this chart, Do not consider financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE is making this rising wedge pattern but to confirm this pattern dominance needs to break down this pattern confirmation.
After this conform break down of this pattern we can expect a drop up to 17% according to the pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
USDT DOMINNACE: ALL I CAN SEE IS A REJECTION!Hello guys, here's a quick update on USDT Dominance in 6 hours timeframe.
This is going to be an interesting one.
Preview: In our previous update (link in the description), we saw how the dominance broke down below the support level but then again quickly push back in.
Update: This pullback was swift enough to reach close to the upper resistance trendline. From this level, all I can see is a rejection, and this time, I believe it will be a strong one. We may have some higher rallies in the dominance and the market may turn red again but it won't be for long as the Rektember is getting over and the Accutober is coming in, I guess the bulls will turn the table soon.
RSI: The RSI shows some weak hands on the USDT.D as it is forming a bearish divergence pattern.
Key points:
1. 7.88% to 8% resistance level.
2. We are at the end of the 3rd quarter.
3. The beginning of the 4th quarter is at the doorstep.
4. BTC at the $18k support level.
That's it from my end. If you have something to add then feel free to write it in the comment section.
Thank you for all your support and love. We are reaching 1k members soon on Tradingview.
God bless and trade safely.
USDT DOMINANCE: BREAKING DOWN.Hello and welcome to this USDT Dominance update, guys.
This is an important update, so read it till the end.
Preview: In our previous update, we discussed how the yellow dotted line holds good support for the dominance and now finally it is breaking down.
Update: This breakdown is good for the market but we need to keep in mind that, it won't be easy for the USDT.D to drop down towards the lower support level. For now, this big red candle helped the market to push a bit forward. If this breakdown is so good to be true then the market will be good for the bulls.
If you follow me on various platforms then you must know that we have made good profits in our recent trades. Congratulations to all who took the trades.
I will post more ideas later. If you have any thoughts and ideas or want me to share altcoin charts then do share them in the comment section.
God bless.
USDT DOMINANCE: BOUNCE BACK.Hello every one, here's an update on USDT Dominance in the same 2 hours timeframe.
Preview: Previously, we discussed dominance making a double top, and having a higher chance to get rejected. Well, the USDT.D did get rejected making a double top. It got rejected close to -7% and currently bouncing back right from the yellow dotted support line.
Update: This support is the exact support level from where the dominance has bounced not only once or twice but thrice and this is the fourth time that the dominance is bouncing back. If this bounce is good to be true then I am expecting a triple top soon if not then the USDT.D have to break down below the support line to be bearish again.
What are your thoughts on this? Do share your ideas in the comments.
Thank you for your support. It means a lot.
God bless and trade safely.
USDT DOMINANCE ANOTHER BEARISH SCHNARIO!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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 to this chart, Do not consider financial advice.
USDT DOMINANCE UPDATE
USDT DOMINANCE is making this rising wedge pattern but to confirm this pattern dominance needs to break down this pattern confirmation.
After this conform break down of this pattern we can expect a drop up to 17% according to the pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#BTC AND USDT DOMINANCE COMPARISON!!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.
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I always emphasize that time in the market beats timing the market, but I want to share an interesting approach that you can consider taking when timing the cryptocurrency market, especially when it comes to Bitcoin's overall direction.
Tether Dominance
- Just as Bitcoin dominance refers to Bitcoin's market cap relative to that of the entire market cap, Tether dominance is no different.
- It refers to how much capital is parked in stablecoins, specifically Tether, at any point in time.
- Since Tether (USDT) is a stablecoin that tracks the USD, an increase in Tether's dominance suggests a pullback or correction in cryptocurrencies.
- A simple way to understand it is to think of USD flowing in and out of the market.
- On the other hand, if Tether's dominance drops, it means that more capital is being deployed to purchase cryptocurrencies, which is bullish overall for the market.
- If you look at the graph above, you'll clearly see the inverse correlation between Bitcoin (orange) and Tether dominance (black).
- Key support and resistance zones for Tether dominance are marked as well.
- As we're currently trading slightly above local support, marked in green, if we see Tether Dominance fall below those levels, we could expect Bitcoin to continue rallying upwards.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
USDT DOMINANCE is tranding above this support!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
USDT DOMINANCE makes this rising wedge pattern and drops currently it is trading at the support of this horizontal support which is 6.40%.
we need a conform breakout of this support in case it bounced then we have 6.77% as resistance.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#USDT DOMINANCE ALERT!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#USDT DOMINANCE UPDATE
USDT DOMINANCE does not look good, DOMINANCE makes this bullish flag pattern in 4 hours time frame but it does not conform yet but in case it breakout this pattern with confirmation then it can bounce up 12%.
In case it got rejected then it can drop up to the lower level of this pattern.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
#USDT DOMINANCE is forming this bearish rising wedge pattern!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
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I have tried my best to bring the best possible outcome to this chart, Do not consider it as financial advice.
USDT DOMINANCE
If we look at the 4hour timeframe USDT DOMINANCE is making this falling wedge pattern if it breakdown this pattern with confirmation then according to the pattern it can drop up to 16%.
( About rising wedge
A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
