CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
- On this Chart i use zero indicator and just the trend.
- Some basic supports and resistances.
- What we can see and deduct ?

- Tether jumped from 0.01% to 1% dominance from 2015 to 2018.
- from 2019 to 2023 USDT.Dom growed from 1% to 10%.

- now the trend is still evolving in a steady broadening trumpet formation.

- Do you really believe Tether would reach 35% Dominance in Crypto Markets ?
- it would mean that 35% of peoples would prefer to stay in Stables Fiat and win nothing.

- Just using logic and combine FA + TA :

- This uper trend will be broken down soon or later.
- i just do believe that Tether have to crash at one point ( no matter the reason ).

- So now a quick comprehensive explanation about Tether.Dom and how it works :

1 - When BTC down = Peoples swap their BTC to USDT (panic)
- USDT.Dom up !
- Tether stop the printing Machine and wait.

2. - When BTC up = Peoples swap their USDT to buy BTC (fomo)
- USDT.Dom Down !
- Tether have to restart the printing machine and issue more USDT to cover BTC demands.

- Yes it's simple as that..
- Tether is not really different than the FED.
- they just print more USDT from thin air when peoples want buy more BTC.
- Remember that without BTC, Tether would worth 0$ and disappear.

St4y Safe

Happy Tr4Ding !
Older USDT Crash analysis :

Older Race ( USDT vs USDC ) :

Struggling down already. Time for a little print Paolo.

and brrr...

someone is buying.

- Resistances Turn as Supports.
- Supports Turn as Resistances.

- This analysis sound as nothing but this is the first time Tether.D breaks his perma bullish trend trend from 2018.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.