readCrypto

Decreasing USDT inflow (to see if USDT.D falls below 7.14)

CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
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(USDT chart)
It shows an uptrend due to trading after a gap down.

An uptrend with a candlestick movement without gapping indicates that USDT is increasing due to selling.

I think the rise of the candlestick appears because the USDT that has increased in this way remains held.


As long as it does not fall below the 82.467B-82.959B range, the coin market is expected to maintain its uptrend.

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(USDC chart)
USDC is showing a gap decline.

At the same time, it is falling below the HA-Low indicator on the 1D chart.

In order for USDC to turn into an uptrend, it must maintain a rise above at least the HA-Low indicator on the 1D chart and the MS-Signal indicator on the 1D chart.


The upward trend in the coin market due to the inflow of USDC is expected to begin only when it rises above 33.907B.

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(BTC.D chart)
The HA-High indicator on the 1D chart appeared to be created, but disappeared as the volatility period passed.

We believe that the rise in BTC dominance is a fundamental phenomenon that will eventually lead to a major uptrend in the coin market.

Therefore, it can be said that when BTC dominance continues to rise, it is a buying time.

However, you have to think about which coin (token) to buy, but if possible, it is better to buy coins (tokens) that are expanding the coin ecosystem.

The fact that the coin ecosystem is expanding is because it is a coin (token) that many people are paying attention to, so it is highly likely to continue to rise.

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(USDT chart)
We touched the important branch points 78.25 and 7.14.

So, if it falls below 6.85-7.27 and stays there, the coin market is expected to be out of sideways.

If it rises above 8.25, the coin market is expected to plummet.


It is expected that the coin market will need to fall below 6.21 to break out of the critical support and resistance zone.

This move is expected to boost the BTC price by over 35K.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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