$USDC | Altseason Incoming.....FinallyCRYPTOCAP:USDC Dominance looks to be Double Topped on the RSI side and per historic movements, this looks promising for the market.
I say, BRING ON THE ALTCOINS.
USDC.D trade ideas
Ding Dong altcoin bullrunC'MON ALREADY lol
Waiting for cash positions in crypto to reduce
Not financial advice
USDT USDC DOWNTIME? Come on, potential for bearish divergence on weekly with end of may ish target
GLA
Not financial advice
Failure is void.Given the volume movement near the resistance, this breakout seems to be invalid and will move the candles downwards, we are waiting for positive news.
USDC dominance is heating!#usdc CRYPTOCAP:USDC dominance chart has double bottomed in big picture and ready to move on. There will be 2 facts:
1- BTC and ALTCOINS will continue the correction.
2- (And + Or) #usdt dominance downfall with FUDs.
USDC.D + USDT.D to predict end of bull runBull run ends when the red support is touched?
Bull channel + price gravitates to volume node
Not financial advice
USDT vs USDC The Last Rush- Everything is in the chart.
- So my own deduction ( and only my own ) is : " Actually BTC not dipped so much "
- They pushed it hard, many peoples turned their BTC and Altcoins to USDT/USDC for safety.
- BTC is still not yet considered as a reserve like Gold in case of crises, peoples still scare and back really fast to the old paper money system when panic is around.
- i will link following this post a PAXG/BTC Chart to show what happened when BTC dipped.
- just look at indicators and you will clearly understand how much stables coins pushed high and Mooned/Marsed in the red " Overbought " Zone.
- Results : TheKing is still around 20k.
- that said, we can notice that USDC is gaining much more interests than USDT, just because USDC (Circle) is backed by cash and short-term U.S. government bonds as collateral.
- after the "LUNA-UST" Crash peoples started to fear and they are right, so they turned their Stables to USDC.
- in near future, USDC will gains more dominance on USDT and the next Dip could results in an Equal Dominance ( 3.80% - 3.20% )
i hope this post help to understand the situation, be H4ppy and St4y S4fe !
Happy Tr4Ding !
USDC.D In a Wyckoff Distribution range - Breakdown imminentUSDC.D Looking bearish as hell here in its Wyckoff distribution range. Compare it to USDT.D and see the similarities.
The difference being USDC.D is leading here and weaker, compared with USDT.D. Both still look great for the downside here and its only a matter of time before they roll over and the market runs to new highs!
USDC.D:
USDT.D:
Once this breaks down with USDT.D, we are in for the next bullish expansion in the market to new ATHs!
USDT.D UP !!Gauss channel on 3 day time we have a breakout and a retest. Do not expect the market to grow, but to drop. Bitcoin at least 40k will go!
When Will "Real" Bullish Run Is Starting?This parameters basically shows you the cash money investors holding in their pockets right now.
Currently, Total Blockchain market has 2.28 Trillions of dollars inside.
USDT and USDC are most commonly used stable coins if we don't include FUSD which is not going to be mentioned in this section.
Let's assume that all Bitcoin investors and traders holding their dollars and whatever currency they're using in stable coins.
According to this hypothesis, all USDT Dominance level (approximately) currently is; %4.81
Also approximately all USDC Dominance Level currently is; %1.45
When you check the major addresses on chain data that holding bitcoin right now, you'll notice that their breakeven levels is coming closer. So it's basically means that they are buying more and more whenever the price goes lower. Especially, Coinbase whales and major addresses helped us to recover on Bitcoin after the last crash. Historically, it's a good idea to follow this guys before invest. They are the ones who simply runs the market.
Let's go back to the chart and examine the Red Key Levels on the chart.
First Key Level that broke below through %8 gave us a minor bullish run. Not all coins that you trade all day maybe but Bitcoin consumed most of the money that comes with the benefits of ETF's. It will happen again, Bitcoin will dominate the entire market ones more. Bitcoin mostly will rise all alone and the other altcoins (especially top 100) will watch from behind. It's simply because of ETF's. EMA 100 is about the broke (Daily) while I'm writing this which is an important indicator that I'm using in parameters like this.
All short term price action basics and indicators simply telling me that Bitcoin may see another drop for a week or more but it won't matter if you can resist against it. Just hold on for a couple of more days and wait.
Hong Kong and London are about to start an ETF' run (London is a little bit different but doesn't matter).
Halving is about to come within a few hours which is the most bullish thing this market will ever see in its entire life.
When the Red Key Level is broken (Let's say closing a week below %3.74) you will see Bitcoin in a level which you probably never expected. I expect Bitcoin to reach at least 200.000 $ until this real bullish run ends. When the 3.74 broke, Bitcoin will rise but ALTs may not due to ETF's and Bitcoin Dominance. If you are a trader, just focus on the chart, if you are an investor read below carefully.
Basically, it doesn't matter if the price goes low or lower anymore. When you see the price is dropping, DO NOT be the ones who scare and run away. They are the ones we need to keep this market alive. Do not be market's liquidity, be the one who consumes it.
If you see the price low, you BUY.
If you see the price is going lower, you BUY AGAIN, and again, and again, and again.
This is where the real bullish run begins.
Good Luck to us all.
Usdc idea So we can compare the charts with btc. Every time Usdc goes up btc drops . And see it’s testing the support right now. Btc is looking bearish looks like bulls are losing momentum . I think we see a more pullback on btc before a recovery rally to 80k for know I would be cautious maybe set buy orders around 55k . I don’t know how low it can get . We all know how volatile btc is so if this idea gets invalidated don’t be surpriced.
usdc.dA decline has been completed in three waves, and currently the assembly begins for a new upward wave, with the most important condition that it does not break the current bottom area and closes below it 2.52%
Bearish BTC,Bitcoin Hi There, dont be on fearful side , it is correct I am on bearish camp but I think Btc could bounce well from 25500-26500 and we see some big resistances on Stabelcoin charts ......eventually Btc is bearish but in time factor it needs to shake out more people and annoy Short side traders .
Please let me know your idea, comment below.
Stay cautious and accept responsibility of your decision ,,,,.
📈 USDC Dominance | Additional ConfirmationThis one is more revealing than the Tether Dominance chart.
Here we can see USDC.D trading below the 0.5 Fib. retracement level which is now a resistance and also 5-Nov-2022 low which worked as support last year and lead to a bullish wave.
Losing this support indicates that the bears are weak, have no hope of winning this battle and so Cryptocurrency, Bitcoin and the Altcoins, are set to continue growing.
Here instead of a bear flag what see is the candles digging lower and lower, slowly.
The inverse of a slow and steady growth, slow and steady decline which is a signal of bearish strength and bearish accumulation.
All positive news for our beloved Bitcoin and the Altcoins.
Oh wait, a reversal can surely happen but strong resistance lays ahead. So a bounce on the index would be temporary based on the current chart.
Namaste.
📈 USDC Dominance Reveals A Potential $30,000 BitcoinWhile Tether Dominance is still holding above EMA50 as support on the weekly timeframe, USDC Dominance has gone below... Revealing what's to come.
EMA50 is a very important level specially on the weekly timeframe, as it becomes 7x stronger than the daily.
Here we can see decisively that USDC.D closed below EMA50 last week. This weeks candle/session only work as confirmation as well as the RSI which continues trending lower, the index becoming weaker, hitting its lowest reading in almost three years.
Here is the interesting part, the next target is set to be hit around 3.43% which is the same level as in the week of 9-May 2022.
At that time Bitcoin was trading between a low of $25,000 to a high of $34,000. A wide range but the open of the week happened at $34,000 and the close at $31,000...
Telling us that within a month (days?), more or less, we can see Bitcoin around $30,000 by comparison.
Namaste.
📈 USDC Dominance Goes Below EMA50, First Time Since Feb. 2020 USDC Dominance broke and closed below EMA50 last week for the first time since February 2020.
When this happened back in February it only lasted 6 weeks below this indicator and then moved back up... This time things are likely to be different.
USDC.D Peaked June 2022 and has been printing lower highs.
These lower highs will lead to lower lows.
USDC is a stablecoin and when its dominance goes down, crypto, Bitcoin & Altcoins, goes up!
Multiple support levels are still in the way.
These are 4.15%, 3.43% and 2.40%.
Trading volume is also low on the drop... We have a bearish chart but lacking momentum.
Maybe the bearish momentum will build up later or maybe it will recovery?
Not likely, USDC will be used to buy BTC.
Namaste.
#Stable Dominance , Dump will Continue, Here's Why!Once this pennant breaks below BTC is likely to hit $22.5k+.
Is it likely? I think Yes.
Lower support is around 4.14%
Once this level hits expect some correction in the market.
The charts show the possibility of the continuation of this uptrend.
Invalidation:- Break and close above 4.85%
Let me know what. you think.
Please hit the like button if you like it and share your views in the comment section.
Stay safe
#PEACE
USDC - A strange gap that feels aloneIt is worth keeping an eye on this gap on USDC.D because it could be used as a potential flashpoint and space to create an earthquake in the crypto market.
The vast majority of intestors and traders are watching USDT.D which is a mistake looking at the fact that USDC is also a very important player in the market
🎯 Stablecoins dominance - the DXY of Cryptoverse🎯 Today we'll have a look at the cumulated dominance of Tether USD, Circle USD and DAI in comparison with Bitcoin's price.
Since 2019 Stables dominance has been ranging inside this channel on the logarithmic chart.
The channel is moving upwards as more funds enter and remain in the cryptoverse.
As such, the dominance of Stables is highly dependent on interest in these assets, so I expect this channel to break at one point (at minimum due to saturation of the market). So far this channel has held.
Touches of the upper band marked bottoms for BTC, while touches of the lower band marked tops.
Thus, I'm looking at their dominance as inversely correlated with Bitcoin's price, similar to how DXY is inversely correlated with the stock market.
We are currently in an up move that's been trending the blue line since the 69k$ top.
Considering the channel holds, we can expect one of the two scenarios to develop and mark a reversal in the market.
This doesn't mean that it is the only way we are ending the bear market. However, I am watching this closely. 🎯
💎 Looking forward for your questions below. If this post provided you value, follow for more.
USDC.DI am waiting for a breakout and confirmation to continue down to 5%. But its trend line is still valid.
Analysis of USDC.D in 1 hour time frameAs you can see in the above image, Dominance has formed a diamond tetrahedron, which is a sign that Dominance is rising to the desired point. It can also be seen in RSI that the risk of a downward trend has been broken. As a result, if this scenario is true, BTC will decline, so it is better. Open sell trades in BTC in 1 hour time frame.
I am waiting for your warm comments
Thanks
