USDT.D trade ideas
USD dominance showing possible reversal Does this means danger for Bitcoin? Clear pattern shows Bitcoin could be near the local top ,, everything will be decided on the following weeks before the first half of April ..
Bitcoin have never reached ATH before it’s halving, but this time the chart shows it could be different, dragging retail market with old narratives.. do you think BlackRock is in it for the tech? lol, think twice
USDT Dominance
This was the Dominance Tether analysis with which we confirmed the growth of the market. It reached the target range of 4%, indicating market growth. The next key area to watch is below 3%, where reactions need to be observed. The 4% level isn't significant, but rather a point where the market structure continues.
Saylor will fail his investors once again... USDT rebound ideaMorning ladies and gents,
As BTC continues to rise, one can only think about the perfect time to exit.
It's impressed me, and I believe it might impress us a little more, as it moves higher. But I still dont think the big players are gonna let the opportunity pass in front of them again, or will they??
I think the death of the crypto space is people like Saylor, they preach decentralization, but if you take a handful of them, they control it just the same.
As much as I would like to, I won't emphasize too much on this, just a little more...
But Saylor a few years ago, had BTC holdings at an average price of $22k. As BTC made its way to SWB:69K for the first time a couple years back, he increased the average price to about $30k. As BTC reached $15k he was able to lower it again below the FWB:25K range, after failing to take any profits preaching BTC is this long term vision of his. Now, here we are once again, at $70k and apparently he's not taking profits, his average price is also above $31k. He's SEED_TVCODER77_ETHBTCDATA:5B in profits and hanging in there. If I could ask the BTC gods and market makers something, I would ask to just make this market follow the rules, creating a pullback pattern, finding support, maybe going somewhat below $40k range, so this clown IMHO can zero once again. Failing his investors TWICE, and not taking over MUN:10B in profits in a 5 year span!
Here's my chart friends, take a look at it.
Trade thirsty!
UDST Reversal soon - Bullish Divergence - Supply zone As titled, I think we are due a pullback on Crypto. 10-20% Correction or so would do it.
Alts can whipsaw down for a final spring, before starting a short-lived but crazy alt season.
BTC could still go up for a final drive towards 80k, and then i believe a rollover is on the cards.
Pre-Halving Purchase Opportunity in BitcoinBTC now - 70k
As we approach the anticipated Bitcoin halving, it's crucial to analyze the current market state to identify investment opportunities and understand potential challenges affecting the cryptocurrency's valuation. Our approach will include a detailed technical analysis, along with an assessment of the underlying fundamentals shaping the current landscape.
Technical Analysis:
Observing the dynamics between Tether dominance and Bitcoin, we identify consistent patterns suggesting support trends, with the ascending trendline (LTA) acting as a reliable indicator for potential reversals.
The current market exhibits a high funding rate, signaling temporary saturation, while open interest remains relatively stable. This discrepancy may indicate a disconnect between trading activity and overall investor sentiment, suggesting a potential short-term correction.
An analysis of trading volume reveals a significant divergence between buys and sells, with buying volume not adequately keeping pace with price increases. Additionally, the formation of a triple top on the price chart indicates substantial resistance, which could trigger a downward correction.
Despite expected corrections, we observe a consistent upward trend, with the current impulsive wave possibly nearing its inflection point. The 350-day moving average multiplied by two has acted as a crucial support for Bitcoin's price, reinforcing the long-term uptrend.
Historical Fundamentals:
The Fear and Greed Index has reached historically high levels, indicating overly optimistic market sentiment. Such optimism often precedes a significant correction, suggesting caution for investors.
Examining previous Bitcoin halving cycles, we consistently observe a retracement phase before the event. This underscores the importance of considering historical context when assessing future market prospects.
Conclusion:
Considering both technical aspects and historical fundamentals, it's essential to maintain a balanced approach amid the current cryptocurrency market landscape. While the excitement surrounding the halving and increasing institutional adoption are legitimate reasons for optimism, it's crucial to recognize potential challenges and volatilities that may arise.
We are at a critical point in the market cycle, where a temporary correction is likely, offering opportunities to enter the market at more attractive levels. Monitoring market liquidations can provide valuable insights into potential trend reversals.
In summary, maintaining a disciplined investment strategy, such as Dollar-Cost Averaging (DCA), can help investors successfully navigate market fluctuations and capitalize on long-term opportunities offered by Bitcoin and other cryptocurrencies.
USD.D Forcasting (Update)Trend Prediction - USD.D Forecasting - Resistance and Support Lines
**** Yousef Sharafi ****
usdt dominence in last phase for Good Rally crypto will crash 75k no more for Btc
huge dump ahead in whole crypto , you need to take profit soon ..
USD.D Head And Shoulder Weekly ChartGood day
Please take some time to check this chart USD.D have a big head and shoulder patten on the weekly chart that we have currently breakdown from, the price target of this is major from the top of the patten to the neckline of the pattern and the breakdown price is around 4.65. At this price will most likely be a good choice to take a short on the market.
The Crypto Supercycle has already started?If we take a look at the monthly chart of USDT.D, we will notice that it is breaking out of a major zone. Additionally, the RSI is dropping below the 50 level, which is quite significant. However, here is the catch: we could probably see a major crash this month. But, if we were to witness an early super cycle, the market has to close below the first level that I have drawn. If we successfully break that level, the next month could be a super month, and we might see an insane amount of pumps.
I will publish more updates soon.
USDT.DHello friends, Dominance Tether is a place where it is possible to have an upward correction at any moment (and correction of Dominance Tether will cause many of the market to turn red)
Be careful
Hello friends, Dominance Tether is a place where it is possible to have an upward correction at any moment (and correction of Dominance Tether will cause many of the market to turn red)
Be careful
Positive hidden divergence can be seen and the relative strength index is at the bottom of the channel
BTC Incoming Reversal Based on USDT DominanceThis massive trend line on USDT dominance coming all the way from 2018 has been a key metric for identifying major INDEX:BTCUSD reversals into downtrends. Historically, when the CRYPTOCAP:USDT.D bounced on that trend line, we saw significant downtrends start to form.
The current level required by CRYPTOCAP:USDT.D to hit the trend line is between 3.65% and 3.85%. Currently, we are at 4% and moving to target slowly.
Will this time be different and we break the trend?
USDT DominanceI am bulish for usdt.d from around 3.6%
If price Engulf this level will go more down after retracement
USDT.DCONFIRM MARKET CORRECTION
liquidity correction will take place according to Fib 0.382 and fib -0.382 and according to previous support and resistance area.
A deep drop is on way.Hello
As you know the market is bearish due to USDT.D and this chart is correct based on my experience.
Usdt dominance tether So after I posted the last idea about a correction . Btc fell 10k but successfully bounced. We are a a critical point again . Tether is at long term support meaning btc has retraced after hitting this levels. You might want to have some money on the sidelines if it does correct again but a longer correction meaning days or weeks. But if the dominance falls below the trendline . We could see the btc go very parabolic so . Technical charts suggest a posible correction on the smaller time frames as the rsi has gone too greedy On btc and eth Well over 84 and 87. This is not an advise only an observation
USDT.D 1W (Is Bitcoin Reform Coming?🤔)Hello friends, I hope you are doing well, you can see the usdt dominance chart in the weekly time frame. We are near the 3.7 support, which could be a new ATH for Bitcoin. It is very likely that it will react to this support and we will see Bitcoin correction
TETHER DOMINANCE IN BEARISH & BULLISH WAY ...Hello dear friends
As you can see in the chart, the Dominance Tether has broken down own channel and EMA 200 for the first time in recorded history and is completing its correction to the .618 Fibo range.
Bitcoin will probably hit a new ATH.
After completing the correction up to the specified range of 3.5%, the upward trend of Dominance Tether has started up to the range, and as a result, a heavy correction will occur in the market for Bitcoin and the top twenty currencies of the market ..,
Other items are clear in the chart...
All the best to you
Starting new movement? USDT dominanc Triggeraccording to the previous analysis:
breaking out the trigger line could be a good confirmation for new positions and a rejection could be a profit save.
what do you think?
This analysis is solely for informational purposes and should not be interpreted as investment advice. Always conduct your own research and employ sound risk management practices before trading.
USDT.D Analysis: $ Dominance Dips, Opening Doors for Crypto?Hey traders,
Let's dive into Tether Dominance CRYPTOCAP:USDT.D and see what it might mean for the crypto market.
Channel Cracked:
USDT.D used to chill in a monthly channel for a while. But recently, it decided to break free, potentially paving the way for a continued decline in dollar dominance, reaching the next weekly resistance level.
RSI Bouncing Back (Maybe):
The Relative Strength Index (RSI) just stepped out of the oversold zone. This could signal a potential price bounce or a period of consolidation (think of it as the market taking a breather).
Crypto on the Rise?
As long as dollar dominance keeps falling, more money might flow into cryptocurrencies, potentially pushing their prices up.
Bitcoin's Buddies:
If this dollar decline happens alongside Bitcoin price fluctuations and a dip in its own dominance, we could see altcoins surge in an epic way!
The US Dollar Factor:
One big question mark: how will US policies affect the dollar's value and, in turn, crypto prices? Only time will tell.
Time to Take Profits?
If the RSI exits the oversold zone, it might be a good time to consider closing out your long positions (selling your crypto) or taking some profits off the table.
Remember:
This analysis is for educational purposes only, not financial advice. Do your own research and use proper risk management before making any trades.
