Let me start off by saying I am not short. I am not a BTC hater. I do not wish for this market to fail. But I must be a realist who must do a stoic analysis to become the most profitable investor I can be. If you haven't looked yet, please take a look at my linked idea "The bear is back with a vengeance". I am long term bull for BTC and because I believe BTC...
Hello my friends, This is an update of previous analysis (blow link). Consider USDT market cap to help identify market movement, Everything is marked on the chart. Good luck.
If its useful please like it as a support and follow me for next analysis :)
🟡 USDT DOMINANCE
🕒 Daily TF
USDT dominance is forming a bearish ALT AB=CD pattern, whose potential reversal zones are 1.272 and 1.618 fib extension retracement levels, from where we can see a reversal.
So, a reversal can be expected from the marked two levels, which would confirm a bullish sign for the crypto market, after the reversal because USDT...
Be aware, there's a reoccurring theme in stablecoins lately, and doesn't seem to be getting better yet. Many crypto/assets are down more about 50% in a few weeks! Now would be a good time to partially close some shorts issued against stablecoins, or if you sold lots of crypto and hold stablecoins which are still lucky enough to be stable: USDT, BUSD, and a few...
Short all the stable coins close to 1 as you can with MAX leverage.
The trade is hugle assymetric. Max loss is 1% but max upside is 100% thats 100/1. 10-20x leverage should be used too.
NO.1 trade rn folks
Is the bearish wave complete?
We don't know, people say it is impossible to predict anything, they say TA is junk; it doesn't work...
Come closer... Allow me to show you some Magic!
OMGUSDT Oct. 26 2021 (Inside this trade idea there is another one)...
Just based on this previous chart and the bullish sentiment that is growing today, we can expect another...
📆🟡 BTC/USDT (BITCOIN)
📊 Time Frame: 4H
Bitcoin is trying to hold the last local support at 3000$ and I think finally it will be break. Bitcoin needs to hold above 34000$ then we can see a movement to 39000$ (IN ORDER TO GATHERING LIQUIDITY).Lots of longs liquidated below 33000$ and many Stop Loss already hit. Now there are many sorters in the market...
Here we are ladies and gents the pattern we have been waiting for and for me personally what i think will be the decoupling of traditional risk assets and this good chunk of software.
I've been watching for anything that can come out of the wood works and i think we have found our area of capitulation. BTC hit the 50 EMA monthly and bounced right off that like a...
I have been watching this for some time as a signal.
I always thought if it breaks the upper level, that is confirmation of a bear market.
Question is now, how much of a bear market.
A measured move based on this structure can be to this box range.
Either a cup and handle target or a triangle target, either way, they have not reached their targets...
#USDT dominance is a good indicator for crypto in general and BTC more importantly.
I have successfully used this in the past and will be tracking this closely.
The current tether dominance structure supports the potential for a deep correction or pullback.
Either inverted head and shoulders or wyckoff distribution schematic.
We can see the main...
After the inverted hammer candlestick on 13-March, TVKUSDT (Terra Virtua) has been going straight up.
We have a nice uptrend forming with slow and steady growth.
Momentum builds up and ends up in a final strong jump.
This is not financial advice.
Thanks for the support.
P.S. Yellow is the target/resistance and light blue support, on all the charts.
Hey guys, I hope you are doing fine and I really hope that you didn't lose (much) in the LUNA / UST drama. This is going to be a little bit different than my usual ideas on TradingView.
What we witnessed the last couple of days was what I consider a minor Crypto crash that could have developed into something even worse. On the one hand we could argue that this...
Increased BTC dominance by 8% in two days shows me "stable-coins" are on fire. Infact Luna takes the cake.
We've been bearish for over three months and have now (as of 11/05/2022 AEST) entered capitulation. The first two capitulations I've lived through ended up making the mistake of selling positions. This time I am not so should you.
Is it really true...