heroselohim

USDT.D oscillation channel and support

CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
On the LEFT CHART you could see a channel where USDT is following a very predictable pattern of bull/bear oscillation growing into the bear USDT market (and bulls on the CRYPTO). But there is a support on which depending the circumstances may reflect an important bounce correction. This is a condition to be considered shortly

On the RIGHT CHART are several channel levels that allow a simple strategy for increasing or decreasing the crypto portfolio. Closer to the top you can increase your crypto portfolio and below the neutral zone you can start selling your crypto and have full STABLE coins on the lowest levels (red).

I've added a curved channel to give some potential constrain to the index oscillation.

Actually I'm using the USDT dominance, among others, to detect the general risk mood of the crypto investors. Institutions can break the chart into pieces when doing BIG buys of USDT and usually means that the crypto market will grow even more. So this chart has to be addressed with some understanding of the facts.

This chart alone is not a good indicator, but it can be combined really well with TOTAL2 and BTC for a better crypto market understanding.

Even if this not an attempt to forecast or recommend an investment, it allows to have an easy to read view of probable conditions.

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.

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