- 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
#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.
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...
Hello As you see in the chart there is negative hidden divergence in USDT.D and everything is prepared for a dump in USDT.D which will cause a severe pump in crypto specially in the altcoins that have been straggled from market pumps What do you think?
Dominance Teter index is also bearish, the market has collected liquidity well and is ready to rise. My target for bit is 75k.
Hello friends, please see the previous Dominance Tether analysis And now I want to ask you what is your opinion I want to force the Dominance Tether down (please smile)
Hello friends, please see the previous Dominance Tether analysis And now I want to ask you what is your opinion
Trade with your own analysis. It is not an investment proposal.
i expect some impulsive upward reaction for this huge falling graphic.