#usdt #tether dominance rallied too much in June. But it's not over? #usdt may have a Elliott's 3rd minor wave impulsive move to reach the higher red box. Losing current zone is the invalidation.
We believe bitcoin is driven by tether marketcap. Thus new issuing is required to absorb the supply otherwise you get the book walked down in a sharply price drop.
- i will try to make it short. - Like always everything is understandable in graph. ---------------------------------------------------------------------------------------------------------- TA : ---------------------------------------------------------------------------------------------------------- - Tether made a triple new ATH around 9% dominance on Crypto...
- 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%...
#Tether is facing multiple daily rejections. As long as we stay below the red resistance zone, altcoins will experience some relief while BTC will move within a narrow range. Close above this resistance could push BTC below 64k. Keep an eye on the 5.05% level. Let me know what you think in the comment section and do hit the like button if you like these short...
This divergence may cause #usdtd #usdt dominance to weaken for a short time frame, thus #btc and #altcoins may have some bounces. Not financial advice.
USDT dominance is currently hitting three major resistance levels: 1. 100 EMA (blue) 2. 50 SMA (red) 3. 8-month-old trendline resistance (blue) This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally. Invalidation:- Close...
#usdt #tether dominance chart about to have a parabola continuation but also made a bearish RSI divergence. If divergence plays out, #btc #eth #sol #bnb #xrp and #altcoins will have some bounces. Parabola continuation suffers the market. Not financial advice.
NOTUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle. Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could be 0.02600 What you guys think of this idea?
Trading Setup: There is a Trading Signal to Buy in FLOKIUSDT FLOKI Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.0001720 ⭕️SL @ 0.0001400 🔵TP1 @ 0.0002775 🔵TP2 @ 0.0003565 🔵TP3 @ 0.0004600 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk...
Trading Setup: There is a Trading Signal to Buy in PEPEUSDT Pepe Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 0.00001085 ⭕️SL @ 0.00000745 🔵TP1 @ 0.0000199 🔵TP2 @ 0.0000250 🔵TP3 @ 0.0000298 previous signal What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku ,...
While #usdt #tether dominance dumped after #eth news, is now consolidating and formed diamond pattern. This pattern sends the index where it has fallen or bounced. Thus, this may be bullish but market is not weak, yet. Not financial advice.
With bullish news on #eth ETF, #usdt dominance is dumped, but now holding on daily ichimoku support!.. Bounce here may may be deadly. Not financial advice.
💡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...
#usdt #tether dominance chart is rising after bullish divergences occured. Short term continuation is expected. Not financial advice.
In my opinion, Dominance Tether is a little tired and should implement one of the three plans I have considered for it. It is possible to implement a part of each plan.
🚨 Key Alert for #USDT 📈 : Keep this chart in your sights! A sustained break above this crucial level could signal extended bearish trends in the market. Expect red in the coming weeks, perhaps even months if this happens. Regardless of the current altcoin trends you're observing, the data on this chart could significantly alter almost any bullish interpretation...
#USDtether Considering this scenario plays out, you'll see green across the market, especially Altcoins! I am working on a list of Altcoins you must consider adding to your portfolio with charts and deep fundamental analysis. Previously the Alts like CREO ML ORAI AITECH did 5x to even 40x! If you want me to make it public, like this post and retweet. 200...