The recent bounce in the USDT Dominance is creating fear in the market. The support of 7.9% is quite strong and is not allowing BTC and the altcoins to rally any further. A rally on the dominance up to 8.45% will be fine but all I fear is the breakout above the resistance trendline. If the dominance breaks out above the 8.45% resistance, I fear that we will see...
This is the time!
The BTC.D has been testing the 40% 5 times since the first time when it broke down.
Everything indicates that we are close to the 6th test which may happen next week if the BTC retracement is confirmed.
I believe that, once the BTC.D falls below 35%, we will never see it at 50% again. This market is too big for one asset to have 50% of the...
The flippening, or when ETH exceeds BTC in dominance, aka flipping dominance, will happen on May 2023 according to this chart.
By charting the ratio of ETH dominance, ETH.d, to BTC dominance, BTC.d, the flippening occurs when the ratio exceeds 1.
ETH.d to BTC.d ratio has printed a cup and handle pattern on the higher time frame. This pattern's measured move, if...
#Bitcoin Dominance chart:-
#BTC dominance weekly Chart looking Dominance at bear Bottom Level.
Which is Not good For Altcoins in BTC Pairs.
We can see Strong bounce before one more Down.
Resistance:- 48% / 58% / 71%
Imo Altcoins will bearish in Coming Weeks/Months in BTC Pairs.
If You are trading Altcoins in BTC Pairs then wait Long for Best...
Ever play that game "Red light, green light"? So has bitcoin.
Tether dominance has been oscillating somewhat predictably within a rising channel for the past several years. And the upper and lower bounds of this channel can foreshadow bitcoin's macro price movement.
Notice what happens when dominance reaches the top of the channel - green light! BTC sprints...
Hello traders, here's an update on the USDT dominance in 8 hours timeframe.
This 8 hours chart looks interesting as the market is making some bullish moves. Recently, we saw the dominance getting rejected from the previous 8.16% support level (currently, a resistance). It dropped close to -5% in the last 24 hours but couldn't break down below the 7.9% support...
#Bitcoin Dominance Chart:-
$BTC Dominance currently trading at 40% Level.
Very Close to Altcoins Top in BTC Pairs.
So Guys Ready to Exit Altcoins in BTC pairs.
Soon Big Dump coming in Altcoins so Open any trade with Proper risk Management.
I am expecting Dominance bounce from 38%-40% Level.
And Next Resistance is 50% Level mean if Hit 50% Dominance Level then...
BTC.D or Bitcoin Dominance is one of the most important factors for investors to find out, if it is better to keep more Bitcoin in their bag or Altcoins. Don't forget, it's not all you need to make your decision but it's the important one!
To make a decision about BTC.D, I've checked multiple parameters on weekly time-frame chart, so we dive deep into them one by...
DOMINANCE DOWN CHANNEL
A useful tool for the crypto investor.
With yields on stablecoins collapsing, this sideline money either exits the space.
Remains as a hedging tool or re-deploys into actual blockchain protocols and coins.
#BTC, #ETH . #ALTS
Hello traders, here's a quick update on USDT dominance.
We saw how the USDT.D made a sudden move lately and now it is dropping down again which means BTC and other altcoins are in green. Things may look good as the market is rallying up but let us not ignore the support that the dominance is holding. If the USDT.D breaks below the 8.18% support level, we may...
Hello awesome people. I hope you all are doing great.
Things are pretty uncertain as the market has hovered around the same level for the last 5 days. For instant, look at this USDT dominance chart. It looks similar to the descending triangle, breaking down below the support level, retesting, and rejecting. Chart-wise, it looks bearish but if we look at the RSI...
Today we already hit the first resistance level . BTC dominance has dropped so we might see XRP trying to hit the second stongest level of resistance at 0.42. Then i belive we will continue our way down and start monday of by bleeding down. Bottom targets are still the same 0.393 achieved. 0.388. 0.375 Hopefully I made it clear for you If this was helpful i would...
BTC dominance is the percentage that BTC occupies within the market cap of the crypto market. The fall in dominance does not mean that the price of BTC will fall, it indicates that altcoins will rise! Dominance is in a bearish channel and has just lost a powerful support at 40. Is an altseason coming?
King Dollar Has Been Demonstrating It's
Dominance Over Markets, Especially Crypto Since
Bottoming In Quarter One Of 2021
Holding The Moniker Of The Dollar Prince
Even I've Been Surprised By The
Recent Strength, Though That Seems Set
To Finally Change
A Collection Of USD.D Stable Coin
Charts For Your Viewing Pleasure Below
Remember US Dollar Dominance Down...
Hello traders, a quick daily update on USDT dominance.
The USDT.D has outrageously rallied in the last couple of weeks. From a fakedown all the way up to the breakout was no less than a horror movie. Currently, the USDT.D is making another rally toward the resistance. If by any means, the USDT.D breaks beyond the resistance zone then there will be chaos in the...