Crypto USDT Dominance Update & Commentary- USDT Dominance is currently trading at 4.61%
- USDT Dominance works inversely with the Crypto Market
- If you see USDT Dominance falling and being bearish then are high chances of crypto moving up impulsively
- Current Market Structure of USDT Dominance looks highly bearish
- We can expect USDT Dom to easily fall down to 4.29% and 3.81%
- These 2 zones are highly going to be important because in between that we will also see some sort of upside retracement followed by more downside moves
- I have drawn more downside zones like 2.45% and 1.90% as well where you can expect USDT Dominance to absolutely get slaughtered and this should mark the local end of bull run.
Usdtdominanceidea
USDT Dominance Crypto Update - The USDT Dominance is currently trading at 5.58%
- USDT Dominance is something that follows market structure a lot and you will see this delivering easy price actions
- USDT Dominance is expected to drop to 5.2%, and if that doesn't hold, then to 4.6%.
- USDT Dominance in crypto works inversely with the overall market if you see this dipping that triggers an impulsive leg in cryptos
- The last time when we saw USDT Dominance dropping from 6.5% to 3.81% it triggered a huge Altcoins season which led to many altcoins moving 300-500%
- As an Investor and Trader your job is to closely monitor USDT Dominance
USDT Dominance Update - USDT Dominance is currently trading at 5.31%
- USDT is at its crucial support or demand zone
- This signifies we can soon expect a drop in the prices of cryptos
- Watch out for your Spot Longs and try locking in gains before market goes back to your cost
- I have locked in 50% gains in many positions and I will plan to add fresh positions once I see a dip again
Crypto USDT Dominance Update- USDT Dominance is currently trading at 6.28%
- USDT dominance got rejected exactly from 6.51% where I was expecting it to get rejected from
- Now the whole interest lies in whether it will again flip 6.51% or reject from here and flip its structure to bearish
- But if it makes a weekly close above 7% you can easily expect the Crypto Market to show a Major bloodbath
- Stay Cautious and keep tracking this
USDT Dominance Trade Setup - USDT Dominance is trading at no trade zone
- To determine a one-sided bias its going to be tough
- IMO I believe we can see more retracement worth 0.5% and then pull back so watch out for that pullback if you are holding altcoins because they will start bleeding again unless the structure gets broken badly with mass volume
- Manage risk and position accordingly
USDT Dominance Update - USDT Dominance followed my plan exactly the base needs to get matured before we see a huge crash or else we can again see a breather rally in Crypto
- USDT Dominance Helps you in understanding where the money is exactly flowing
- It has an inverse relationship with the Crypto Market
- When you see the Index Increasing - This depicts sell off
- When you see the Index Decreasing - This depicts infusion in Cryptos
USDT Dominance Trade Setup USDT Dom plays a very crucial role in the Crypto space
- I see this factor always not being talked upon
- When you see the USDT dominance index increasing this simply signifies that people are liquidating their positions and turning their accounts to FIAT
- Social Media influencers barely talk about this rather all you see is SHIBA inu to the moon or this that to 1$.
- Educating yourself is more important when you have money invested in a risky asset class
- IMO the chart looks very simple and it was very easy to plot the value zones you can see how well it grabbed liquidity and reacted to it
USDT Trade Idea - USDT Dominance works inversely with the Crypto Market
- USDT has been following my path and I firmly believe this wave could lead to every alt jump soon.
- The narratives are obviously going to be there playing out in a different way but make sure you follow this closely
- Once you see this approaching it's previous lows try cutting down your size in Alts and crypto so that when USDT bounces you are mostly sitting cash or FIAT.
- This will help you in accumulating more cash