Hello, welcome to this usdt.dominance update by CRYPTO SANDERS. Analysis of #USDT Dominance: USDT.D has experienced a decrease subsequent to the breakdown of the ascending triangle pattern. The Ichimoku cloud suggests a prevailing bearish trend. Presently, it faces resistance at the Moving Average (MA) 200. A potential scenario could involve rejection from this...
Teter dominance analysis in 4-hour and daily time frames Since the Dominance Tether image of Bitcoin moves, we can get an overview of the market movements by analyzing the Dominance Tether
- 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%...
Teter dominance analysis in 1 hour time frame Dominance Tether can correct to 4.71%-4.73% and continue its upward trend from there, and since it is moving against the direction of Bitcoin, I expect Bitcoin to fall.
USDT.D perfectly followed our April 22 analysis and broke out of the wedge pattern with an upward thrust causing a good dump in the market, it's already hit tp3 of the previous analysis. we believe it can hit full tp within the next couple of days.
Analysis on USDT.D chart (1H) suggests that a falling wedge pattern is being formed(other confluences such as divergence also hint at this pattern). if confirmed (breakout from above the pattern), market can dump for a day or two. Remember that a rise in USDT.D means a dump in the BTC and the crypto market. if the pattern fails, the current pump in coins shall...
USDT.D is currently moving out of the channel from it's bottom towards the 200 daily ema. After a retest it should continue upwards to reach the peak somewhere in June/July this year. From that point on we could see a new wave with the presidential elections 2024 in stock market and btc.
USDT Dominance is still bullish which is why i remain bearish on crypto as a whole for the week. Seems like the market has topped out at $67k. I would expect more downside today for crypto
USDT.D has bounced of the trendline from 2018 and is looking bullish after a decending trend anbd bounced of the short term 5ma. In terms of the crypto market, this is a bearish sign as when usdt.d goes up everything else goes down. Look at historical times, like the 18' bearmarket. If we ever break down from this trendline the market will see a massive increase....
#tether dominance chart is now on the ichimoku cloud support. Breaking this support will move #usdt dom. to lower orange box (Retest zone).This move will be good for #bitcoin #eth #sol #bnb #doge and all #altcoins . If #usdtdom bounces here and continues rally, #btc and all #altcoins will suffer. Not financial advice.
This is my idea about usdt.d , Tether's dominance can drop to 3% after a little bounce in this area , this level is an extension fibonacci of 0.786 that is equal to a psychological support. good luck and happy trading
Guys pay attention to the USDT dominance. Will #BTC retest the Critical Support Zone again? USDT.D is holding the support zone. We must wait for the daily candle to close. If it is closed above the support zone, it can go higher, which means we may have a correction for the #BTC and Altcoins. We need to wait to get some confirmation.
hello traders how are you today? as you know USDT.D and BTC have inverse correlation and you can see in this chart USDT.D approaching important support and i expect to react to it that makes btc have big drop to 10k area which i posted the analysis of it. be safe enjoy
Tether is looking like it's about to lose a fair sized chunk of it's market dominance moving forward. Stablecoin legislation in the U.S. will most likely be the beginning of the end of Tether's long held dominance in the stablecoin realm.
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT . Note that the time frame is daily and time consuming. It has reached a support and reacted. It is expected to move up to the supply range and then drop again to the low demand. It is expected that the high liquidity pools will be swept first and then the low liquidity...