This parameters basically shows you the cash money investors holding in their pockets right now.
Currently, Total Blockchain market has 2.28 Trillions of dollars inside.
USDT and USDC are most commonly used stable coins if we don't include FUSD which is not going to be mentioned in this section.
Let's assume that all Bitcoin investors and traders holding their...
So we can compare the charts with btc. Every time Usdc goes up btc drops . And see it’s testing the support right now. Btc is looking bearish looks like bulls are losing momentum . I think we see a more pullback on btc before a recovery rally to 80k for know I would be cautious maybe set buy orders around 55k . I don’t know how low it can get . We all know how...
- Everything is in the chart.
- So my own deduction ( and only my own ) is : " Actually BTC not dipped so much "
- They pushed it hard, many peoples turned their BTC and Altcoins to USDT/USDC for safety.
- BTC is still not yet considered as a reserve like Gold in case of crises, peoples still scare and back really fast to the old paper money system when panic...
A decline has been completed in three waves, and currently the assembly begins for a new upward wave, with the most important condition that it does not break the current bottom area and closes below it 2.52%
Hi There, dont be on fearful side , it is correct I am on bearish camp but I think Btc could bounce well from 25500-26500 and we see some big resistances on Stabelcoin charts ......eventually Btc is bearish but in time factor it needs to shake out more people and annoy Short side traders .
Please let me know your idea, comment below.
Stay cautious and accept...
This one is more revealing than the Tether Dominance chart.
Here we can see USDC.D trading below the 0.5 Fib. retracement level which is now a resistance and also 5-Nov-2022 low which worked as support last year and lead to a bullish wave.
Losing this support indicates that the bears are weak, have no hope of winning this battle and so Cryptocurrency, Bitcoin...
While Tether Dominance is still holding above EMA50 as support on the weekly timeframe, USDC Dominance has gone below... Revealing what's to come.
EMA50 is a very important level specially on the weekly timeframe, as it becomes 7x stronger than the daily.
Here we can see decisively that USDC.D closed below EMA50 last week. This weeks candle/session only work as...
USDC Dominance broke and closed below EMA50 last week for the first time since February 2020.
When this happened back in February it only lasted 6 weeks below this indicator and then moved back up... This time things are likely to be different.
USDC.D Peaked June 2022 and has been printing lower highs.
These lower highs will lead to lower lows.
USDC is a...
Once this pennant breaks below BTC is likely to hit $22.5k+.
Is it likely? I think Yes.
Lower support is around 4.14%
Once this level hits expect some correction in the market.
The charts show the possibility of the continuation of this uptrend.
Invalidation:- Break and close above 4.85%
Let me know what. you think.
Please hit the like button if you like it and...
It is worth keeping an eye on this gap on USDC.D because it could be used as a potential flashpoint and space to create an earthquake in the crypto market.
The vast majority of intestors and traders are watching USDT.D which is a mistake looking at the fact that USDC is also a very important player in the market
🎯 Today we'll have a look at the cumulated dominance of Tether USD, Circle USD and DAI in comparison with Bitcoin's price.
Since 2019 Stables dominance has been ranging inside this channel on the logarithmic chart.
The channel is moving upwards as more funds enter and remain in the cryptoverse.
As such, the dominance of Stables is highly dependent on interest in...
As you can see in the above image, Dominance has formed a diamond tetrahedron, which is a sign that Dominance is rising to the desired point. It can also be seen in RSI that the risk of a downward trend has been broken. As a result, if this scenario is true, BTC will decline, so it is better. Open sell trades in BTC in 1 hour time frame.
I am waiting for your warm...
To be honest, I do not really believe we will fall much more lower, as you can see we are currently in oversold area per RSI, hence we will might see upcoming correction on ALTs and BTC
As for me, PATIENCE is the virtue, so I would rather stay out of any position, except shorts and await for more transparent market conditions
DISCLAIMER:
This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing.
everyone should buy and sell according to their own strategy.
Everything you need to know is outlined in the chart and keep in mind that we are moving...
Hello traders, welcome to this USDC dominance update. I hope you guys followed my previous USDC.D update. If you haven't then do check out the link below and go through the update.
Timeframe: 3 Days.
Description: USD Coin ( USDC ) is a cryptocurrency whose value is tied to the U.S. dollar. USD Coin is a stablecoin, and as such one USDC should always be...
With usdc and usdt dominance on triple and double bottom, which means a reversal on the upside is actually threatening! Even with that, the RSI been on oversold the entire time is something we’ve not seen even in a bear market!
I was wondering, if the dominance of stable coins keep moving up thats a downturn on crypto assets!
If the charts are correct, i think...
#USDC.D
#CRYPTOCAP
Market Cap USDC Dominance is below lower line of triangle and retesting the broken line.
breaks down the support zone will trigger a bullish rally across the crypto market.
