USDT Dominance is bearishFrom where we entered "start" on the chart, it seems that the dominance correction has started.
It looks like we have an ABC on the chart that we are now at the end of wave B.
Wave B seems to be symmetrical, which is symmetrical in wave i.
It seems that after the completion of wave B, we have a bearish wave C for dominance.
The targets are listed on the chart.
Wave B is expected to end this month (September) or October.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Tetherdominance
CRACKS ARE FORMING IN USDT DOMINANCE! THE END IS NEAR!USDT has completely dominated the stablecoin market for a long time now, but cracks are beginning to form in its foundation that could cause the whole structure to come crashing down. People are losing trust in USDT, even though the vast majority of trading platforms use it as the sole medium of exchange on their platforms. Competitors are turning up the heat in this market, and companies like Circle (USDC), which are fully audited, as well as newcomers like Ripple's RLUSD, could pose a serious challenge to USDT if it doesn't prove its reserves through regular audits and restore investor confidence.
I personally believe that USDT is a Ponzi scheme, similar to the Federal Reserve, which continuously counterfeits dollars by minting excess tokens, with nothing but faith backing them. I also believe that the time of USDT's dominance is coming to a swift end.
Once RLUSD is released and available for purchase to Wall Street and Main Street, I believe that the majority of stablecoin holders will switch from USDT to RLUSD, as Ripple is one of the most transparent and reputable companies within the crypto space. I am one of these people.
Good luck, and don't put all your eggs in one basket!
#USDT : Your Key to a Beautiful Green Winter!Is this rational? Absolutely!
Is this possible? Without a doubt!
BTC Dominance may keep rising for the next few weeks followed by a very strong rejection.
You'll see double and even triple-digit gains in a single day in altcoins.
Don’t sell your BTC and altcoins for cheap just yet.
We may see a bit more of this boring price action and possibly one last shakeout, but things are about to change quickly.
Thank me later, but for now, bookmark this post.
Big moves are coming!
Based on these two charts, I'll share 10 ALTCOINS with Entry and Exit points for the bull run.
So make sure you like and RT if you want me to post them soon!
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
USDT Dominance analysisTether's dominance is near a resistance range that was the origin of a strong drop. In that range, we expect the reaction and the downward trend of the candles.
The targets are marked on the chart
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
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
Dominance Tether is near a supply rangeFrom where we placed the green arrow on the chart, it looks like a diametric diamond is formed on the chart.
Now it seems that we are in the last wave of this diametric (wave G). It is expected that this wave will end soon and we will see a drop for Dominance Tether.
Closing a daily candle above the invalidatio level will violate the analysis.
invalidation level : 6.47
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#USDT.D This is what you need to know!#Tether is facing multiple daily rejections. As long as we stay below the red resistance zone, altcoins will experience some relief while BTC will move within a narrow range.
Close above this resistance could push BTC below 64k.
Keep an eye on the 5.05% level.
Let me know what you think in the comment section and do hit the like button if you like these short updates.
Follow me if you haven't yet!
#PEACE
Market update: Relief or more Dump?USDT dominance is currently hitting three major resistance levels:
1. 100 EMA (blue)
2. 50 SMA (red)
3. 8-month-old trendline resistance (blue)
This confluence of resistance makes this level crucial. Taking into account the channel breakdown and retest, a rejection seems more likely at the moment, suggesting a potential market relief rally.
Invalidation:- Close above the red zone.
dyor, nfa
Do hit the like button if you like it and share your views in the comment section.
Thank you
#PEACE
USDT DOMINANCE UPDATE (4H)From where we put a green arrow on the chart, it looks like a bearish triangle is forming on the chart.
Now we seem to be in wave E of this triangle.
In the red box, this E wave can end and we can witness the drop dominance tether.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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 Important update , Must Read!🚨 Key Alert for #USDT 📈 : Keep this chart in your sights!
A sustained break above this crucial level could signal extended bearish trends in the market.
Expect red in the coming weeks, perhaps even months if this happens.
Regardless of the current altcoin trends you're observing, the data on this chart could significantly alter almost any bullish interpretation you encounter.
It's crucial to remain vigilant and always seek confirmation before executing any trades.
While my previous charts suggest a potential for further upward movement, the extended timeframe for this development is leading me to reconsider—perhaps a correction is looming.
However, a false breakout followed by a breakdown is all people are wishing for a green market!
I know I've been posting this USDT chart more often so you understand the significance of this chart. I hope you appreciate that with a simple like!
Please Do your own research (DYOR); this is not financial advice.
Stay tuned for more updates!
#Crypto #Bitcoin
Stay safe
#PEACE
#USDT Tether Update and Altcoins!#USDtether Considering this scenario plays out, you'll see green across the market, especially Altcoins!
I am working on a list of Altcoins you must consider adding to your portfolio with charts and deep fundamental analysis.
Previously the Alts like CREO ML ORAI AITECH did 5x to even 40x!
If you want me to make it public, like this post and retweet.
200 likes, and I'll consider posting the private list of gems!
#Crypto #Bitcoin #USDT