USDT.D trade ideas
What is the current structure of USDT.D (8H)?This analysis is an update of the analysis you see in the "Related publications" section
It seems the structure is a diametric, and wave F is nearing completion. Wave F was a bearish wave.. A bullish G wave remains in this structure. Let's see which direction the market will take.
For risk management, please don't forget stop loss and capital management
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USDT.D Retests Breakdown: Is a Strong Altcoin Rally Ahead?USDT Dominance (USDT.D) has broken below its rising trendline and is trading at a key support zone after a successful retest of the breakdown. A break below this support could trigger a sharp decline, signaling capital rotation into altcoins.
This setup aligns with the potential for a strong altcoin season and an active trading period ahead.
USDT.D Inverted Chart: Targeting 1.0 Fib Level by Mid-2025The inverted USDT.D chart has broken out of the white resistance trend and is currently just below the 0.786 Fib level. I believe we will remain below this level during a dip next week, then continue upward after December 4th. Following that, I expect we will grind up the channel until we reach the 1.0 Fib level at 1.56%, just before the 50% dotted lines intersect with the Fib level (around June–August).
The broader outlook of Tether dominance (8H)First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT
Many are asking about a broader perspective on Tether dominance. Our outlook from a zoomed-out perspective is as follows.
The green zone is very strong and unbreakable!
For risk management, please don't forget stop loss and capital management
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USDT.D UPDATE (12H)This analysis is an update of the analysis you see in the "Related publications" section
No need to open sell/short positions or close buy/long positions
Based on previous analyses, we anticipated that there wouldn't be a significant upward move for Tether dominance. We are not truly bullish on Tether dominance. If the price returns to the yellow circle, we can look to rebuy or add volume on altcoins and Bitcoin.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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USDT.D New Update (8H)Read the text carefully
It seems that Tether dominance is completing a Diametric pattern instead of an Expanding Triangle. This is because if it were an Expanding Triangle, the movement following wave E should not have occurred with such speed and strength
Currently, we can expect an upward movement from the green zone
Let's see if wave G is normal or truncated. If it is normal, it can move upward to the yellow zone but
If wave G becomes truncated, it may not create a significant high
Overall, the structure of Tether dominance appears bearish in larger timeframes
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
USDT.D update (i made a mistake !)I MADE A MISTAKE ANALYSISNG #USDT.D !
it touched its big supply zone and made a spike down after that i though it made a triangle for another rise but it was for another down !
this new analysis tells us that the alt season is almost started and the liq can be outta BTC and USDT and go to alt coins !
BTC could dump again if USDT.D chart does same thing againThe last time I posted this was when USDT Dominance chart touched the green trendline on the chart and bounced off the red trendline on the RSI.
Will this happen again causing another flash dump or will the bullish scenario I posted in last analysis (see below chart link) come to fruition?
As you can see the blue trendline on chart at 91790usd is major support.
The RSI pink trendline on left chart shows it is at resistance right now.
What just happened was a failed attempt to close a possible head and shoulders pattern, trapping shorts under the support causing this short squeeze in play right now. The question is whether the pump will continue or will it go back down. The USDT.D chart will tell us.
Hit the like idea rocket button if you like the idea and analysis.
USDT.D update - Jan 15 2024Following previous analysis, we were able to accurately identify market's recent top and chose proper sell strategy afterwards.
The retest of the 4.35% - 4.70% has turned into a consolidation pattern with two possible scenarios ahead: yellow path as the main scenario and the white path as the alternative scenario.
In fact if the next possible rise in USDT dominance shows a weak momentum, the yellow path and an altseason/party is expected to occur.
USDT.D at Key Support: Altcoin Bull Rally Ahead?USDT.D has repeatedly bounced off the marked red support zone, a strong Fibonacci level at 0.5. This support has been tested multiple times, and based on my experience, I anticipate USDT.D may break below this zone. If it does, it could trigger a bullish rally in altcoins.
I believe this is the final shakeout phase, so stay strong and focus on accumulating fundamentally solid coins. Remember to maintain discipline and practice strong money management.
USDT.DIntroduction
The analysis of Tether Dominance (USDT Dominance) is one of the most essential tools for predicting overall trends in the cryptocurrency market. This metric plays a crucial role in understanding investor behavior, particularly during periods when the market leans towards liquidity or transitions into a bullish phase. This report delves into the technical aspects of Tether Dominance, offering a detailed review of its current state and outlining potential future scenarios. It serves as a valuable resource for millions of investors seeking informed decision-making.
USDT Dominance Analysis
Definition and Importance of USDT Dominance
USDT Dominance reflects the percentage of the stablecoin USDT's market share relative to the total cryptocurrency market.
🔹 Increase in Dominance: Indicates investor preference for holding cash, often signaling market downturns.
🔹 Decrease in Dominance: Suggests capital is flowing into cryptocurrencies, signaling potential price growth.
Technical Overview
1. Breakout of the Ascending Channel
✅ Current Status:
USDT Dominance has broken below its ascending channel and entered a consolidation range.
✅ Range Box Details:
Upper Limit: Green Zone (6.17 - 6.53)
Lower Limit: Red Zone (3.73 - 3.99)
2. Price Target Based on Broken Channel
🔸 Bearish Target Estimate:
The projection based on the broken ascending channel suggests that USDT Dominance might drop to the gray support zone (2.99 - 3.16).
Possible Scenarios
Bearish Scenario
📉 Condition: Breaking below the red support zone (3.73 - 3.99).
📉 Target: A decline towards the gray support zone (2.99 - 3.16).
📉 Market Impact: Bitcoin and altcoin prices may rise as capital exits USDT and flows into digital assets.
Bullish Scenario
📈 Condition: Holding the red support zone and moving back toward the green resistance zone (6.17 - 6.53).
📈 Market Impact: Crypto prices may decline as demand for USDT increases.
Daily Timeframe Triangle Pattern
🔺 Observation: A triangle pattern has formed on the daily timeframe.
🔺 Prediction: A downward breakout is more likely, aligning with the bearish scenario.
Conclusion and Key Takeaways
1️⃣ Overall Trend: The trend remains bearish unless key resistance levels are broken.
2️⃣ Critical Levels:
Red Support Zone: 3.73 - 3.99
Gray Support Zone: 2.99 - 3.16
3️⃣ Trading Decisions: Focus on higher timeframes and confirmation of breakouts before making decisions.
4️⃣ Market Impact: The breakout or defense of critical USDT Dominance levels will have a significant influence on Bitcoin and altcoin movements.
🎯 Recommendation: Considering the bearish trend, approach bullish scenarios cautiously and prioritize confirmation of breakouts for accurate decision-making.
#USDT.D DOMINANCE ANALYContinuing the previous analysis of #USDT.D DOMINANCE
I sent you a chart again in a lower timeframe so that you can understand the trend well
It is currently moving towards a LEG D OF TRIANGLE .. The target for this move is 3.90%
The LEG D ends around 3.90% and completes the LEG E with a correction.
a wider view on USDT.DFrom a broader perspective, this growth is unlikely to signify an alt season. On the daily chart, a pullback to 4.5% is expected, which could indicate Bitcoin's return to 92K or even 89K. However, altcoins have shown that they are not far from their price floor and may follow a path somewhat independent of Bitcoin 📈
USDT.D is bearish as BTC is looking for 100kThe previous prediction turned out to be correct sooner than expected, and now Tether's dominance could see a drop of 4% initially and then 3.9%. This is assuming Bitcoin doesn't lose its current support at 96K. Considering that yesterday's daily candle closed above 96K, this expectation seems reasonable. Let's see what happens 📉
NOTE: my charts are reverse :)