💡One of the important factors for analyzing the cryptocurrency market is the Market Cap USDT Dominance% (USDT.D%) status. 💡If USDT.D% falls, we can expect the cryptocurrency market to start rising ( not all tokens, of course ). 📈From the point of view of Classical Technical Analysis , USDT.D% looks like. It has succeeded in breaking the lower line of...
Dominance analysis of the daily time frame By analyzing the dominance of Tether, we can have a better view of the movement of Bitcoin.
USDT DOMINANCE ANALYSIS USDT.D is descending following a retest below the rising wedge. It's also breaking through the MA 50, with a candle close below it confirming a bearish sentiment. Notably, a bearish USDTD trend often indicates bullish momentum for the broader crypto market due to their inverse relationship. I have tried to bring the best possible results...
In the previous analysis, as expected, an ascending log was formed in the form of wave B. If this analysis is correct You can wait for the fall of dominance and therefore the possibility of an upward trend in the cryptocurrency market.
Hello, Friends! Good to see you. Are you all having a good day? Tether Dominance is on a long berish. The current wave shows the bearish flag pattern. If it breaks down the bottom of the Flag, it will go down to the target value. It's important! When tether Dominance falls, the BTC and ALT rise. When Tether Dominance rises, the BTC and ALT fall.
in USDT.D chart we can obviously get our confirmation for another leg up. the exact confirmation come after break and closing candle under 4.76% line. next support is about 4% which is resistance of 73000$ in bitcoin
We are at the most important time bullran of Bitcoin and crypto market. We have now reached the bottom of the descending channel and the most important Tether trend line (we were with this trend line from December 2017 to November 2021). If the bottom of the channel breaks and reaches the trend, Dominance Tether will fall by 11% and a strong fomo will form,...
#USDT.D is printing a bearish trend continuation, white-swan harmonic pattern on the daily. To be noted however is that the price has an upward move towards 6.2-6.5% zone before trend continuation. This means that the market might keep bleeding for now📉
One more drop on this chart means big leg up for cryptos incoming
Can we expect such price action for USDT dominance? If so, it's likely that Bitcoin dominance will also continue its uptrend. In that case, altcoins will likely experience a significant downturn.
Good time According to the previous analysis, Dominance Tether was touched in the resistance range and tries to break it. If it succeeds in breaking the resistance, it will be next to the specified range And Bitcoin will correct up to the range of 52000 to 56000 good luck
Usdt dominance in resistance now, now ready to turn back 4$ levels it means that btc to 70-75k right now lets see what happens in a month
Good time According to the previous analysis, Dominance Tether was touched in the resistance range and tries to break it. If it succeeds in breaking the resistance, it will be next to the specified range And Bitcoin will correct up to the range of 52000 to 56000 good luck
Evening fellas, To finish up these final posts about RED days, I would like to bring up this idea. Wave 5 should be as big as both drops by the past waves. It's all on the chart, take a look at it and enjoy a minimum 100% on all coins. MINIMUM!!! BY THE WAY! I will make this a LONG post, because it means LONG alts, and not USDT obviously. I think its easy to...
On this chart we see a major development on the USDT Dominance (USDT.D). It formed its first ever Death Cross on the 5D time-frame, with the MA200 (orange trend-line) turning into Resistance since the start of February. That has never happened in its history and as you can see, when USDT.D declines, Bitcoin (black trend-line) rallies, which has been doing so...
You can use this chart to predict the price of Bitcoin by comparing it to USDT dominance. When USDT dominance shows signs of increasing, Bitcoin will undergo a correction.