USDTDominance
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USDT Dominance chart shows us the big Bull is coming scenario same fall reaction rise and then hard fall target 2025 🤚
#Bitcoin #USDT #Usdtdominance
#Bitcoin #USDT #Usdtdominance
🚨 USDT.D (#USDT Dominance) Special Analysis (VIP Analysis and Signal)
USDT.D (#USDTDominance ) closed the daily candle at 4.30%. For now, the 4.30% support level seems to be holding, and there is a high possibility that USDT.D will continue its upward trend. The 4.30% level is very important because it was also the 50-day moving average (50MA) resistance, which was broken strongly and with volume two days ago. The fact that it didn’t close below 4.30% today technically confirms that it has successfully retested and the upward trend will likely continue. The 4.30% level, which was the 50MA resistance, has now turned into support, and the daily candle closure from an hour and a half ago confirmed that this level is acting as support.
Therefore, it is likely that #USDT.D will hold above this level and continue its upward movement. If the 4.30% support continues to hold, there is a high possibility of a bearish scenario for both BTC and altcoins. In summary, we need to hold above 4.30%.
Current Resistances: 4.40% - 4.50% - 4.60%
Current Level: 4.32%
Current Supports: 4.30% - 4.20% - 4.10%
🚨 If you’ve read this analysis, please like it! Don’t forget to follow me to stay updated on important analyses!
$BTC $ETH $XRP
USDT.D (#USDTDominance ) closed the daily candle at 4.30%. For now, the 4.30% support level seems to be holding, and there is a high possibility that USDT.D will continue its upward trend. The 4.30% level is very important because it was also the 50-day moving average (50MA) resistance, which was broken strongly and with volume two days ago. The fact that it didn’t close below 4.30% today technically confirms that it has successfully retested and the upward trend will likely continue. The 4.30% level, which was the 50MA resistance, has now turned into support, and the daily candle closure from an hour and a half ago confirmed that this level is acting as support.
Therefore, it is likely that #USDT.D will hold above this level and continue its upward movement. If the 4.30% support continues to hold, there is a high possibility of a bearish scenario for both BTC and altcoins. In summary, we need to hold above 4.30%.
Current Resistances: 4.40% - 4.50% - 4.60%
Current Level: 4.32%
Current Supports: 4.30% - 4.20% - 4.10%
🚨 If you’ve read this analysis, please like it! Don’t forget to follow me to stay updated on important analyses!
$BTC $ETH $XRP
João Henrique Garcia:
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The market is currently facing uncertainty as USDT.D exhibits indecisive behavior within the marked zone and trendline. This has led to heightened volatility and a lack of clear direction in the market.
A definitive trend is likely to emerge only after a breakout or breakdown from the zone.
Until then, avoid trading out of FOMO and focus on preserving your capital
#Dominance #dominancebtc #dominanceusdt $BTC
A definitive trend is likely to emerge only after a breakout or breakdown from the zone.
Until then, avoid trading out of FOMO and focus on preserving your capital
#Dominance #dominancebtc #dominanceusdt $BTC
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#marcetcap #usdtdominance As you know, dollar dominance is the inverse of crypto market capitalization: up Market Cap USDT Dominance - down crypto, because everyone goes to the dollar.
This chart shows how the crypto market reached its local high in early March (by the way, it clearly follows the upward trend line; its breakdown threatens an incredibly protracted bullrun).
The first high coincided with the high of Dollar Dominance at the end of March '22 (you can look at Bitcoin for those numbers).
I expect the next high of the crypto market at 2.5% USDT Dominance if the trend line breaks down.
This chart shows how the crypto market reached its local high in early March (by the way, it clearly follows the upward trend line; its breakdown threatens an incredibly protracted bullrun).
The first high coincided with the high of Dollar Dominance at the end of March '22 (you can look at Bitcoin for those numbers).
I expect the next high of the crypto market at 2.5% USDT Dominance if the trend line breaks down.
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In continuation of the above
The third and final part is USDT dominance (USDT dominance)
On the weekly frame
At the peak of 73700 for Bitcoin, the digital dollar’s possession fell to a major support area of 3.72%, after which it formed a secondary upward trend that ended by reaching the main resistance area of 6.19%.
Then Bitcoin will be in the area of 52225:48500
Then the last part of the main downward wave will be completed at the 2.69:2.32% area.
Then the Bull Ring will also be completed, which ends in November 2024, and I expect the price of Bitcoin at that time to be between 92 and 115 thousand.
The digital dollar will rise again after accumulating for a month or two at the most, after reaching the 2.69:2.32% area and creating a major upward trend, and we enter the bull market stage.
#usdtdominance
#BTC☀
The third and final part is USDT dominance (USDT dominance)
On the weekly frame
At the peak of 73700 for Bitcoin, the digital dollar’s possession fell to a major support area of 3.72%, after which it formed a secondary upward trend that ended by reaching the main resistance area of 6.19%.
Then Bitcoin will be in the area of 52225:48500
Then the last part of the main downward wave will be completed at the 2.69:2.32% area.
Then the Bull Ring will also be completed, which ends in November 2024, and I expect the price of Bitcoin at that time to be between 92 and 115 thousand.
The digital dollar will rise again after accumulating for a month or two at the most, after reaching the 2.69:2.32% area and creating a major upward trend, and we enter the bull market stage.
#usdtdominance
#BTC☀
USDT Tether Dominance Overview: Scam Or Altseason?
Hello, Skyrexians!
Today we are going to continue observe the charts which can be the evidences of potential altseason. Earlier we pointed out the Bitcoin dominance reversal and the potential impulsive wave 5 for altcoins dominance. Today we are going to look at the another very important chart of USDT.D. to understand if we will see the altseason in the nearest future.
Let's take a look at the weekly time frame. Globally the chart is in huge uptrend, but last 2 years it is decreasing. We can count this dump as a major correction ABC in the super cycle. Waves A and B have been already printed. Wave B reached 0.61 Fibonacci of wave A, it can give us a great confidence that now USDT is in wave C. Moreover at the top of wave B our Bullish/Bearish Reversal Bar Indicator [Skyrexio] has printed the red dot, the huge bearish signal, as a result it's dumping now. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView.
Wave C has the clear target between 1 and 1.61 Fibonacci extension levels of wave A. Now this zone is located inside the 1.55% and 2.77%. This is significant move which can cause altseason or this dump can be caused by some issues for Tether. Nobody knows, but finally there is a high chance that USDT is going to remain the position of the most popular stable coin.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
#USDTdominance
Today we are going to continue observe the charts which can be the evidences of potential altseason. Earlier we pointed out the Bitcoin dominance reversal and the potential impulsive wave 5 for altcoins dominance. Today we are going to look at the another very important chart of USDT.D. to understand if we will see the altseason in the nearest future.
Let's take a look at the weekly time frame. Globally the chart is in huge uptrend, but last 2 years it is decreasing. We can count this dump as a major correction ABC in the super cycle. Waves A and B have been already printed. Wave B reached 0.61 Fibonacci of wave A, it can give us a great confidence that now USDT is in wave C. Moreover at the top of wave B our Bullish/Bearish Reversal Bar Indicator [Skyrexio] has printed the red dot, the huge bearish signal, as a result it's dumping now. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView.
Wave C has the clear target between 1 and 1.61 Fibonacci extension levels of wave A. Now this zone is located inside the 1.55% and 2.77%. This is significant move which can cause altseason or this dump can be caused by some issues for Tether. Nobody knows, but finally there is a high chance that USDT is going to remain the position of the most popular stable coin.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
#USDTdominance
Lets wait for daily closing of #usdtdominance . If it close above the breakout. Than you will see btc upto 55k. Mark my words.
$BTC looks like more bearish here is why read carefully #usdtdominance if usdt dominance boroke this resistence zone can go up until 7% and 8% this makes #BTC 35,000 and 32,000
If i open short for Bitcoin now with 20x i wil hold until 32,000
$ETH $SOL #BearishZone #BearishFlag #dump
If i open short for Bitcoin now with 20x i wil hold until 32,000
$ETH $SOL #BearishZone #BearishFlag #dump