USDT.DVideo analysis showing a clear channel of 6 years on a possible break down. Elliot wave analysis suggests an impulsive 5 waves to break the channel. Enjoy and comment
USDT.D trade ideas
📈 Tether Dominance 1 Year Long Bullish DivergenceWe will use three signals for this chart, Tether Dominance goes bullish:
1) Bullish divergence with the RSI.
2) Rising volume.
3) RSI moving above 50.
1) The lower low is true based on both candle close and candle wick.
Here is the RSI...
2) Needs no explanation.
3) The RSI being strong at support is a super-bullish signal. Reversal incoming.
👉 For the new ones, when Tether Dominance (USDT.D) goes up, Bitcoin goes down .
Namaste.
#USDT Dominance urgent Update #Tether : Hitting the grey resistance area.
Still at the Decisive point.
A successful close above the same could take us to the mid-30k as said earlier while a rejection would mean we bounce from here this is applicable for both BTC and Altcoins.
⚠️Declining USDT dominance !Hi.
USDT.D is testing support zone below a descending triangle pattern, with Ichimoku indicator suggesting a bearish trend🔻
A successful retest here would reinforce the bearish outlook, which could indicate a bullish setup for the crypto market given the inverse relationship between the two.
🤑 Stay great my friends.
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Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Usdt.d Usdt.d
The midline shows the correctness of the channel.
Weekly candle shadow.
Dominance Tetramity can hit 1 to 2 more weekly shadows, which will raise the ceiling of Bitcoin with this move, probably 51000.
A collision on the historic floor of the rsi
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Good reasons to return
There is, but in general, until today, the change in the structure from decline to rise has not happened!!!
USDT.D movement path.According to the path drawn for the movement of the USDT.D. You can get into good positions to sell or buy crypto. In my opinion, the market will be bullish in the coming hours. Good luck .
Pullback...??I think a pullback to the ORG TL is entirely plausible. This will satisfy TA targets as well as respect volume levels. Im looking for support around 6.95.
#USDTD #AltCoins #Short #Crypto #Market #DUMP #Soon #Eddy#USDTD #AltCoins #Short #Crypto #Market #DUMP #Soon #Eddy
(("My analysis of USDTD and altcoins is like this, from my point of view, it is possible to track the position of short selling transactions on most currencies in the market."))
- What do you think? Have you checked USDTD in this time frame? Write me in the comments!
- My confirmations are based on Wykoff's review of Bitcoin in multi-time frame, as well as Bitcoin and Tether's Dominance review.
Its about Wyckoff ;-)
(( BTC/USD )) latest update link :
#USDT.D 4H Chart
USDT dominance is ranging between the 12h breaker zone and the 200MA at 5.76% and the 6h supply at 5.85%. I am expecting to see some bearish movements from here as it had broken structure below the 7h demand.
Cryptoland fun over - massive correction coming- this chart represents USDT dominance - the higher the dominance, the more bearish the overall market is
- with a clear divergence forming for the last three months now it is likely USDT d. finally sees a big reversal to the upside
- spot ETF decision by the SEC is likely to be a massive sell the news event hence why I expect the fun for the bears starts as soon as January 10th
USDT Market cap reversal by every monday!As you can see for the past a few weeks there has been a battle between bulls and bears and each week one of them had the higher hand by monday (Red vertical boxes) with the exception of Christmas and new years holiday (green Vertical line)
If this routine goes on, prepare for the bullish week to come and if not the market eill bleed and it's hard.
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Personally I'm betting on one more reversal before the market begins to correct real hard and still have all my longs open
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Let's wait for chicago, Right?
Destiny-FateVery clearly the technical shows us what the future holds for this chart, whatever happens I stick to the technical rules and stay and of course I always consider the limit of losses
Destiny A path that is very likely to occur, according to technical rules, must adhere to the rules and trade without emotions
Destiny The trend line has lost support in the daily frame and is very likely to touch the 4.75% to 5% range. In a nutshell, I would give the probability of a fall for this chart and eventually a growth in the market.
A bearish market is on way!Hello everybody
I just wanted to inform you that the market seems to be in a bearish trend. It's important to closely monitor your investments and consider adjusting your strategy if necessary. Best of luck navigating these market conditions.
Save your profit.
Tether Dominance, Weekly OutlookAs we see USDT.D Bounced from long formed Support / Resistance zone, while tested it with long wicks several times.
- RSI Divergence
- Bounced From Support
- Below 21 Week EMA
#Tether Will $48k be the top or $52k is still on the cards?The rejection of USDT Dominance from the grey area recently contributed to the upward movement, pushing the price to $48k.
To sustain the momentum and reach the FWB:52K - FWB:54K level, the index must break below this channel.
In the event of a breach in the grey level area, FWB:48K could become the local top.
Let's hope we break down!
DYOR, NFA
Do hit the like button if you like my updates!
#PEACE
#USDT.D 4H Chart
USDT dominance is currently ranging inside the 7h demand zone around 5.4% showing no major movements. It is expected to move up and tap into the 12h breaker zone around 5.65% before potentially moving down again.
USDT DOMINANCE WEEKLY UPDATE.This might sound crazy, but hear me out.
Following the recent approval of the Bitcoin spot ETF, we observed a notable price momentum in BTC and other altcoins. However, it's not entirely convincing for the sustained bullish rally of BTC in the short term. Just a few days ago, BTC struggled to break the $44k level, but now the price is trending at $46k. From a technical analysis perspective, BTC needs to surpass the $47.3k resistance in both daily and weekly timeframes to reach the FWB:52K target.
Looking at the USDT.D (USDT Dominance), it's evident that it has well-maintained a support level of 5%. With the RSI in the oversold zone, there's a compelling possibility of a significant bounce in USDT Dominance, indicating a potential correction in the crypto market.
It will be interesting to observe whether the USDT Dominance breaks down and closes below the 5% support level.
As someone wisely said, "Always prepare for the worst."
Regards,
Team Dexter.
USDT.D & BTCBased on my complex yet simple studies this happens in the market, however I always say enter the market according to yourself analysis.
