USDT in Weekly support and its my idea: The power of this support is great.... Please check other dominance charts and price charts in the market as well its not signal...but I believe Bitcoin will improve in the short term good luck
I have been following this chart since since early september 2020. Works well correlated with big caps especially BTC and ETH. At least personally I stick with these two. Notes about chart: If there is an increase that means money flows into cash If there is decrease that means money flows into BTC/ETH and maybe some other big caps. I prefer to trade BTC or ETH...
this is my close vision to the next movement for usdt.d
My idea is the market in place for 1 week or 2 weeka about 3.81 and 4.49 $ in USDT dominance.After that begin a new rally in market and USDT.D go to full it gap about 2.91 and 3.27$
Market correction happening soon ! based on this bullish pattern on the usdt.d
USDT.D DAILY TETHER DOMINANCE Reverse BITCOIN
Here is something that everyone in crypto needs to watch more closely. The USDT dominance chart is a great way to map out how invested people are at any given moment. In the last month, we have seen participants move to cash, but are we on the cusp on a trend reversal? The charts are giving clues of that right now. Let’s hop onto the chart: The first thing that...
Hello friends! Please do subscribe and like it in case you love the idea. 🧐We managed to find a very interesting correlation between the USDT dominance and bitcoin price. You need to turn on the correlation coefficient indicator between these charts (BTC & USDT Dominance) to see it. There will be 100% negative correlation between them and this is logical In...
Today we look again at the USDT.D. This chart always has clues for where the money is going. Right now we are seeing all time highs in USDT.D! That is an environment where cryptos are trending downward. Let’s have a look: So now the question remains, when do we go long? Well the 3D chart is a decent indicator of bounces. Right now we are overbought on the MACD...
This is crazy! I have never seen a gap like this on the 3 day chart for USDT. There were some big players moving into USDT before this crash! We like to watch the USDT.D for hints on larger macro moves in BTC. Whenever we see a move of this magnitude, we always take notice. As you know, we were short for this trade. We have taken down most of our short exposure...
Check out my latest blog post for a more in depth analysis: www.derzzycharts.com As Technical Analysts, we have to use every tool at our disposal. While BTC.D gets a lot of attention in the crypto space, USDT.D can be just as helpful as it trends inversely to BTC. If we look at the two charts side by side, what do we see? So now we have to ask ourselves which...
I've noticed that it is very hard to predict the market like we used to before FED went overboard on printing more USD. So I went searching for alternatives & I realised that in order to be a step ahead of the unlimited USD printer it's necessary to have a good prediction for the USD supply. I use the USDT.D chart because I trade a lot of crypto & it has helped...
CRYPTOCAP:USDT.D is trading at strong support and 50% Fibonacci Retracement Signaling a bounce back when RSI go into Oversold region This implies that BTC might drop to previous base Simple trading strategy to scalp a move or two while waiting for the clear trend youtu.be
The triangle stock pattern is a versatile chart pattern that is viewed as a continuation pattern and a reversal pattern at the same time. Looks the triangle broke and that trend line as well. When USDT dominance is going down to the support line, Bitcoin prices going higher and vice versa. USDT Dominance is showing a strong convergence signs on 2h or 4h time...