Next to getting rid of your losers and riding for as long as possible the winners, patience is one of the most imporatnt virtues you can have when it comes to cryptocurrency trading. Patience is truly the key to win. When USDT.D was oversold on the RSI, it went up. As USDT.D gets to overbought, it is very likely to drop. The immediate resistance on this index...
Hello folks, here's an important update on the USDT dominance in the lower timeframe. Timeframe: 4 hours. Update: The USDT dominance is under a descending triangle pattern. As you all know that a descending triangle pattern is usually a bearish pattern but sometimes the trend can reverse and play in the opposite direction. Currently, the USDT.D is holding a...
When looking at the weekly chart for USDT.D (Tether Dominance Index), we can notice a full red/bearish candle. We have a rising channel also breaking bearish: Together with a bearish harmonic pattern. The RSI is pointing straight down: One last signal is MA200, the black line on the chart. We can see it rising and we know that prices tend to gravitate...
Hello my beloved cryptocurrency traders, supporters and readers... I hope you are having a great week. Let's start today with the Tether Dominance (USDT.D) index chart. Our focus now is on the next target/support. We see a 10% drop happening firts. A small bounce... Followed by another drop that will end at "C" or a total of -20% from the current price. ...
Hello traders, here's an update on USDT Dominance. Time frame: 3 days. Update: The USDT Dominance is at the support level of 7.2% and above the 21 MA which could be a difficult level to break down. But on the positive side, we have a bearish divergence in the RSI. The USDT.D made a new ATH but the RSI level is lower than the previous one. Even if we see a bounce...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. # USDT. DOMINANCE UPDATE! As I mentioned in my previous chart that USDT DOMINANCE will reject from the 7.78% level and it got rejected. In current scenario USDT...
Bitcoin is about to go high up if we reconsider the inverse correlation between USDT.D and BTCUSD... Let's read the chart. According to the USDT.D index, Tether Dominance is about to have another leg down; a major drop on the EW ABC correction. This drop can take USDT.D to 6.45% or lower at around 5.70%, this would equate to a price jump on Bitcoin to around...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. as I mentioned in my previous chart that USDT DOMINANCE will move upside till the level of 7.79% and it moved well USDT DOMINANCE is currently trading on a crucial...
USDT DOMINANCE ANALYSIS USDT DOMINANCE breakout this symmetrical triangle pattern and currently it is facing 7,79% as resistance so we can expect some drop from here. Let's see how the market will react in a few hours. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So,...
Hello everyone, here's a quick and short update on the USDT Dominance. We saw a good rejection from resistance 2 level (8%) which was a healthy -6.5% drop. Currently, it is under a falling wedge channel with a resistance level of 7.8% & 8%. If the USDT.D has to rise then these two levels are crucial. We will keep an eye on it and update you guys. Trade safely.
This is yesterday's chart updated... The major resistance short-term has been defined at 8.02%, since we have an interesection of two trendlines and two rejections. The bias remains the same as yesterday. Bearish below 8.14%. Bullish above. We are bearish in general as we've been tracking this one and expecting a drop. We adapt to market conditions... We...
This is the chart that I have for USDT.D (Tether Dominance). 30-June sets the high and 2-July the lower high. This is a short-term chart. The marked candle 2-July '22 05:00 gives out a short/sell signals. The RSI trending lower to move below 50 gives out another bearish signal. We can also see a loss of the 10 sessions average support price at 7.92%... ...
Currently, it is placed in a triangle pattern and it is approaching its end. In such a pattern, there is a possibility of exit from both sides, but currently, with the current conditions in the market, there are strong and close supports in Dominance Tether, economic..... It is likely to move upwards and reach new heights (personal opinion). Good luck and be profitable.
Hello guy, let's take a quick look at USDT dominance. Timeframe: 8 hours. Update: This is madness!!! This USDT Dominance has pumped 85% (7.5% to 13.92%) within an hour and as I am posting this update, it dropped back to the previous level forming a long wick from the top. This isn't the first time we saw an error like this so, I guess there's nothing to panic...
Looks like we have the complete b wave of the ABC correction we mapped a few days ago. We can see EMA50 holding as support after a higher low. This is set at 7.58%; This level is very likely to fail. The RSI has gone bearish (below 50) and we have a clear lower high. The next target is set first at 7.02% followed by 6.37%. If we see straight down, as the chart...
Hello traders, here's another update on USDT.D in a shorter timeframe. Timeframe: 8 hours. Update: In my most recent update on the USDT.D, I mentioned that a bounce is likely possible. That update was on a higher timeframe and I will definitely stick to it. Now, when we see the chart in a lower timeframe, a rejection towards the lower support is possible and...
Hello traders, I hope you all are doing great. Here's an update on the USDT.D. Timeframe: 3 days. Update: The USDT.D is holding support at the 7% level and as I mentioned in my previous update, the USDT.D is likely to bounce back. If that happens then get ready to witness BTC dropping further down. As we can see that the USDT.D is yet to test its upper trendline...
This is the long-term chart for Tether Dominance (USDT.D) and we are looking mainly at an ascending channel. Each time the upper-band of the channel is hit we get a retrace/correction. The upper-band being hit coincides with an overbought RSI. An overbought RSI has always led to a strong correction. Just yesterday/last week, USDT.D closed with the highest RSI...