Tapping In
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
USDT.D trade ideas
USDT.D EXPECTED FALL TILL 4%Expected fall till volume zone. Investors are becoming more confident in other cryptocurrencies and are willing to move away from the safety of USDT. This could indicate bullish sentiment in the market.
Full analysis of Dominance Tether ( USDT.D )We are at the most important time bullran of Bitcoin and crypto market.
We have now reached the bottom of the descending channel and the most important Tether trend line (we were with this trend line from December 2017 to November 2021).
If the bottom of the channel breaks and reaches the trend, Dominance Tether will fall by 11% and a strong fomo will form, the price of Bitcoin will reach 70~89 thousand dollars, then we will see a sharp correction of the market after the halving. (unmodified
bullran is very dangerous and fragile).
But if the bottom of the channel is not broken, dominance will reach the range of 5.5%, as a result, the whole market will undergo a severe correction and the upward trend of the market will remain for the next halving.
Market correction can be done with strange and unexpected news.
The most important market days are March 11 and May 11 (white dotted line).
Be very careful in transactions, especially setting stop loss, in these 2 months whales and exchanges will be more active to get liquidity and stop hunters.
USDT dominance is bearishIt has a bear structure.
USDT dominance has created a resistance line and a supply range.
It was expected to drop from the supply range towards the TPs
The TPs are clear in the chart.
Closing a 4-hour candle above the invalidation level violates the analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
USDT.D :Open a short position after 4.59, open a long position below 4.51. I prefer to get confirmation from Dominance Tether in four hours.
USDT.D Update - May 27 2024USDT Dominance chart has followed previous analysis (May 21) and there was a retest of 4.60% area as predicted.
New analysis suggests that there might be another retest of 4.5% - 4.6% zone in which the yellow trendline is touched again. if this scenario takes place, we will see another dump in the market.
Batter UpAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
I will continually update all trades.
#USDT.DAnalysis of the price action of #USDT.D (#smart_money):
The support (green) and resistance (red) zones of the #USDT.D react when they are reached. As you pass through each area, the role of that area changes
RED days are over! Evening fellas,
To finish up these final posts about RED days, I would like to bring up this idea.
Wave 5 should be as big as both drops by the past waves.
It's all on the chart, take a look at it and enjoy a minimum 100% on all coins. MINIMUM!!!
BY THE WAY! I will make this a LONG post, because it means LONG alts, and not USDT obviously. I think its easy to notice that.
Trade thirsty, my friends.
easy easy USDTtaking it candle by candle thats the key 2 trading, as everything follows my analysis (btc,eth,sol) so should the USDT. until a sudden change of events everything seems bullish, back in march id say it sell now im bull
USDT dom - provides a nice overview - UPDATEUSDT dom - provides a nice overview - UPDATE
pretty self explanatory. following this until it breaks. fits a few other key fractals.
#USDT Dominance Short Update!This chart speaks for itself—altseason is on the horizon!
Make sure you have a solid bag ready!
If you don't, don't worry—I'll be sharing a list of top alts soon.
Stay tuned and stay connected with me on all platforms!
Cheers,
#PEACE
My key levels This trading chart is designed to provide clear visual indicators for optimal buying and selling points within the market. The chart includes several key elements that assist traders in making informed decisions:
Support Levels: Marked by green horizontal lines, these levels indicate price points where the asset historically finds buying interest, suggesting potential entry points for long positions. These levels are typically where the price tends to bounce back up after a decline.
Resistance Levels: Denoted by red horizontal lines, these levels highlight price points where selling interest has previously emerged, suggesting potential exit points for long positions or entry points for short positions. The price tends to fall after hitting these levels.
Moving Averages: Illustrated as smooth lines, these averages (e.g., 50-day and 200-day moving averages) help identify the overall trend direction. Crossovers of these averages can signal potential buy or sell opportunities.
Trend Lines: Diagonal lines that connect successive highs or lows, showing the direction and strength of the market trend. A break above or below these lines can indicate a significant shift in market sentiment.
Volume Indicators: Bars at the bottom of the chart showing the trading volume, providing insight into the strength of a price movement. Higher volume often confirms the validity of a breakout or breakdown at key levels.
Candlestick Patterns: The chart uses candlestick representations to show the open, high, low, and close prices for each time period, providing detailed insights into market sentiment and potential reversals.
#USDT.D formed bullish diamond patternWhile #usdt #tether dominance dumped after #eth news, is now consolidating and formed diamond pattern. This pattern sends the index where it has fallen or bounced. Thus, this may be bullish but market is not weak, yet. Not financial advice.
