USDT MORE LIKELY BEARISH mostly now market depends on employment news from USA, be careful mostly miners selling their btc also
USDT.D trade ideas
USDT.D changes to long USDT.D is moving in a descending triangle and now trying to hold above the horizontal support. The volume profile is also showing a decent volume in the zone.
A successful breakdown of the descending triangle is the bullish confirmation in the market as USDT.D works opposite to the crypto market, while a bounce from here would result in a bearish move in the market.
USDT.D changes to long Expecting long in usdt double bottom in 1hr time frame and harmonic shark in 4hr time frame , ALTS MAY BLEED
USDT DOMINANCE DAILY TIME FRAME CHARTUsdt dominance forming falling wedge pattern on daily time frame
Potential bear marketIf USDT.D breaks above trendline, it could be the confirmation of Bear market.
It's just a speculation, trading with more confluences would help better.
USDT Market dominance might dumpUSDT Market dominance is on the verge of breaking down the trend line support.
RSI showing bearish divergence as well.
Next potential support at 5.83% If continues to go down we might see bullish momentum in Bitcoin and crypto in couple of days.
#USDT.DOMINANCE 1DAY UPDATE !!USDT DOMINANCE ANALYSIS
USDT dominance support label 100 MA and USDT dominance breaks 100 MA to the downside then can see the usdt dominance 5.84% and also 5.33 altcoin will be pump and BTC will pump
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
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#USDT.DOMINANCE 4Hr UPDATE !!USDT DOMINANCE ANALYSIS
As we can see just like BTC USDT dominance too currently trading in range-bound mode.
Currently, USDT DOMINANCE is rejected from the upper resistance level and now moving down to the lower support zone.
Just like before from the support level it can reverse again so be cautious with your trades at this level and keep an eye on it.
Break below support level will be great for alt coins to print more green candles.
Let's see how ut performs in upcoming hours.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
USDT.D Chart & Bitcoin Update - 31 May#Bitcoin Evening Update
As per this USDT.D chart, it is currently still in Level 1 area, crossing down from that bottom support trend line is safe for re-entry on alts. If that happens it reaches up to Level 2 area that will helps Bitcoin to reach 35K to 37.5K USD.
If the USDT.D takes a support from the bottom support trend line and moves up means it affects Bitcoin badly to reach again under 30K USD price level.
So, for now its a this or that situation, if any changes happen I'll update via my channels.
USDT dominance ideausdt dominance weekly bearish macd bearish cross over 28 april 2022 its mean bitcoin pump soon
USDT.DDouble bottom pattern.
A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter "W". The twice-touched low is considered a support level.
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
USDT.D is rejecting from upper resistance level or 2.60 is strong support level in that time we have to stay out from market but at his moment we can trade in altcoins.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
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#PEACE
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
USDT.D is now falling downside as we can see in chart or 2.60 is strong resistance level in that time we have to stay out from market but at his moment we can trade in altcoins.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Reason Why Alts Not Showing Any GrowthUSDT dominance always was the main reason for growth in usdt pair market, but now it's hovering at sideways and most of the alts are going sideways too. I think it'll take more time to pump the whole alt market, be patient
usdt.d 30m / / mid term analysis #usdt.d #usdtdominance #usdtusdt.d 30m / / mid term analysis #usdt.d #btc #btcusdt
