This indicator combines the dominance of USDT (USDT.D) and USDC (USDC.D) to track total stablecoin market share across all timeframes. It displays the combined dominance as candlesticks, providing a clearer view of market liquidity shifts and investor sentiment.
📌 How to Use:
Green candles indicate rising stablecoin dominance (potential risk-off sentiment). Red candles indicate declining stablecoin dominance (potential risk-on sentiment). Works on all timeframes, from intraday scalping to macro trend analysis. This tool is essential for traders looking to analyze stablecoin liquidity flow, identify market turning points, and refine trading strategies based on stablecoin dominance behavior. 🚀
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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