Greetings, Traders, We have a brief update on USDT dominance and the US Dollar Index using a 3-day timeframe chart. This video holds significance for analyzing the crypto market, so be sure to watch it through to the end. If you have any questions, concerns, or suggestions, feel free to reach out. I'm here and just a comment away. Best regards, Team Dexter.
Hello traders, Today, I am publishing my first-ever video on Tradingview. I hope you'll find this video informative. Do show your support by liking, sharing, and commenting. To stay updated with the latest cryptocurrency analysis, follow me and be a part of my tradingview community. Regards, Team Dexter.
Hello traders, I hope you guys are doing well with your trades. BTC has made a sudden change in the recent price action but this was something that I already talked about in my previous analysis. After a good 7.5% gain from the lower support, BTC failed to break above the $37.9k resistance. It got rejected all the way to $36.4k where we have the 21 MA ($36.5k)...
Hello traders, Quick update on BTC in a 3-hour timeframe. BTC is showing some signs of retracement and depending on the market condition, it can retrace between $35.3k to $35.7k. So, if you are leverage trading right now then be cautious and use stop losses on every trade. I'll keep you posted so stay tuned. Regards, Team Dexter.
Hello Traders, Quick update on USDT Dominance over a 2-day period. USDT Dominance broke below the previous support (6.45%), now acting as resistance. This breakdown spurred the crypto market to rally higher. There's a possibility it could dip further to 5.8%, a strong support level. However, before that, I anticipate USDT.D might attempt to break the resistance...
Hello Traders, BTC has experienced some recent volatile movements, causing concern among many in the trading community. In this update, I'll provide an analysis of the possible BTC scenarios. 1. The breakout above the resistance trendline, marked by a substantial green candle, appeared unsettling. This was followed by a significant red candle, as illustrated in...
Hello traders, Here's a BTC trade setup for you all. Entry: $34647 to $35000. Stop Loss: $34338. Leverage: 20x. Target: 5% to 6%. Note: Always use SL to avoid heavy losses. Use leverage according to your risk management. DYOR before investing. Not a financial Advice.
Hello Traders, Let's dive into an Ethereum update in a 2-day timeframe. Ethereum has been on a remarkable upward trajectory for the past 20 days, and we're yet to see any significant correction in the market. While we've all been anticipating a healthy correction, it appears that ETH still has some momentum left to potentially reach the $2,000 mark. Looking at...
Hey traders, I hope you all are doing great. Here's a quick update on the USDT Dominance in a 2-day timeframe. The USDT.D is still above the support 1 level showing the possibility of a bounce back anytime soon. With the RSI at the oversold zone, the chances are higher. The crypto market movement has been good and needs a correction to balance the chart. With the...
USDT Dominance Update: The USDT.D is struggling to make a bounce back and it is constantly hitting the support line. This is creating a critical situation for the dominance because if it breaks down below the support level then a further fall will follow up. This will lead the market to turn more bullish both in the short and long term. It will be good to see...
BTC Update: BTC is not giving up so easily. It is still trying to pressurize the resistance and break above it. This scenario creates possible chances for BTC to break above the trendline and set a new target close to maybe $37k. According to the chart, a rejection toward $33.5k was something that I expected and I still am gonna stick to it unless BTC breaks the...
USDT Dominance Update: We have been analyzing the USDT.D in a bigger timeframe. Today, let's bring it down to the hourly timeframe. In this one-hour TF, the USDT.D is currently trying its best to push the dominance in an upward direction. With the support at 6.74%, it is most likely to see the USDT.D bouncing back but maybe not up to the resistance trendline. At...
BTC in hourly timeframe is facing a rejection. The drop could go close to $33.5k and then a possible bounce back. Breakdown below the support level will invalidate the chart.
Everyone's eyes are on BTC at the moment because it is making some promising moves and so far, it is doing great. With BTC touching the $30k price range, I am expecting the next target to be $32k to BER:33K followed by a correction. What are your expectations? Let me know in the comments. Trade safely.
BNB Update: BNB has broken above the resistance trendline in a daily timeframe. This move is different compared to the previous move as you can see in the chart. This breakout could possibly push BNB toward the bullish side. All it needs to do is hold the price above the resistance trendline. A breakdown back to the falling wedge pattern will invalidate the...
BTC Update: The daily close on BTC was below $30k which created a doubtful situation to re-analyze the chart. This time, let us analyze the BTC chart in an hourly timeframe to get a short-term view. In this chart, we can clearly notice that BTC is following the rising wedge pattern. If BTC has to drop then we can expect it to reach the pocket support (shown in...
With the market turning green, let us not forget to keep an on the USDT dominance. As you can say by looking at the chart the USDT.D had some solid reds which helped the market to stay green. This drop-down is getting closer to the supporting trendline which could be a threat for BTC and the market. A bounce back from the support or close to the support could...
BNB Update: BNB has remained calm and managed to maintain the $200 range quite significantly. With the current price level at $212, BNB is still under the threat of dipping down as it faces the resistance trendline. If somehow BNB manages to break and close above the resistance trendline, things may look different. If not, we have the $200-$203 support waiting...