USDT DOMININCE 12 HOUR UPDATE Welcome to this quick update, everyone.
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USDT DOMINANCE is lying in this important support level of this ascending channel.
First scenario: USDT DOMINANCE is already on this important support level if we Bounce from here then resistance is around 5.09% or we have some local resistance at is 4.27% level. let's see how the daily candle closes.
Second scenario: if the Daily candle closes downside this important support level then we can accept a fast drop up to 3.3 %. both sides are dependent on this daily candle.
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Usdtdominans
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
My previous USDT dominance chart has been invalidated. now USDT dominance got rejected from this 4.71% resistance level but we have 50 ma as local support let's surprise can break the ma or not.
First scenario: If USDT DOMINANCE breaks this local support with confirmation then we can expect a drop up to a 4.50% level.
Second scenario: If USDT dominance got bounced from the local support then we expect a high up to the upper resistance of this big triangle pattern.
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#USDT.D : BULL RUN IS NOT OVER YET, FIREWORKS IMMINENT!!!Welcome to this extensive analysis on USDT Dominance.
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Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
If you are not familiar with this index let me tell you this index is inversely proportional to BTC and ALTS in general.
This means when this index shows some green candles you will see the market starts dumping and vice versa.
USDT Dominance is currently moving around the upper resistance at 4.50+ level.
Few points to keep in mind:-
1. We can see a long wick which is a sign of rejection in the current candle making in a strong Doji (Evening star pattern)
2. As per fractals Every time this index hits the 2 years resistance line we have seen 6 to 8 weeks of rejections and consolidation around the resistance followed by 15 to 20 weeks of Bullish rally across the market.
3. Multiple Indicators show signs of bearish momentum in the weekly chart.
4. MACD is a lagging indicator showing potential for a bearish crossover within the next few weeks.
5. Double Top formation with rejection.
6. LTF Shows Retest also signs of reversal(Chart will be posted below this update)
Based on all of these facts a bearish rejection is possible. However, keep in mind it can make a triple top too to finally flush the remaining late longs which will be fueled by the current conflicts between Russia and Ukraine.
So everything is aligning perfectly IMHO,
What do we need?
A confirmation candle below the current weekly candle.
The current candle closes in 7 hours.
So make sure you follow me and keep an eye on my updates.
I do not post a lot but I do only when it's needed.
So let me just make it simple for you.
Unless USDT Dominance breaks and closes above the red resistance area It's highly likely we will see a major rally throughout the market. Both in BTC and ALTCOINS.
Invalidation:- A weekly close above the red zone will invalidate this chart.
MY TRADING PLAN:-
I'll assess BTC.D, USDT.D, TOTALMCAP, TOTAL2, and BTC all together and enter when I finally see the confirmations.
I'll enter the market to trade on leverage and also hold spots for 15 to 20 weeks depending on both technicals and fundamentals.
To be honest, if everything goes as it seems we will see a bullish rally across the market in March April and May followed by the dump in June and July.
I hope this analysis clears your mind and all your doubts about the current trend.
Please do not take this idea as financial advice, this is simply meant for educating you to make better trade decisions.
Let me know what you think of this chart.
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
USDT DOMININCE 12 HOUR 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 DOMINANCE UPDATE:- USDT DOMINANCE is lying on the resistance if 21 ma we are expecting a drop from here up to 2.28 but it does not yet confirm so for confirmation it has to close downside the 21ma let's see how the candle closes.
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USDT DOMININCE 4 HOUR UPDATE Welcome to this quick update, everyone.
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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 DOMINANCE confirms this bearish expanding triangle and now it is facing a 4.51% resistance level we're expecting a drop up to the 4.22 % level.
What's your thought on this?
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USDT DOMININCE 1 HOUR 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.
As we can see in the chart usdt dominance is making this bearish expanding triangle pattern but it is not yet confirmed. for confirmation, it needs to break and close downside this support level. Then we expect a drop of up to 4.25%.
What's your thought on this?
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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 dominance is going as I said in the previous chart.
As we can see in the chat in a shorter time frame USDT DOMINANCE has already broken out this ascending triangle pattern and it got already Bounce 11% from the breakout of this pattern according to this pattern we will Bounce from here up To 24.86% more.
WE HAVE IMPORTANT RESISTANCE OF AROUND 5.6%.expeted a rejection from 5.6%.
What's your thought on this?
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USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
If the USDT dominance is rejected by 21 then ham will update the coin of the pair used in the altcoin if there is a break from here then we will update some short calls Waiting for the confirmation of the market
Sorry for my English it is not my native language.
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THANK YOU...
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.
As my previous chart USDT DOMINANCE got rejected from this middle resistance of this big ascending channel pattern now we have 21MA as local support. let's see the price can hold this ma or not.
As we can see in the chat in a shorter time frame USDT DOMINANCE has already broken out this ascending triangle pattern and it got already Bounce 11% from the breakout of this pattern according to this pattern we will Bounce from here up To 24.8 6%
Let's wait and see how the market reacts in a few hours.
What's your thought on this?
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USDT DOMININCE 6 HOUR 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 DOMINANCE breaks out this middle resistance of this big ascending channel pattern now we have expected
that it can retest the middle support then bounce up to 5.52%.
let's see how the candle closes.
What's your thought on this?
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USDT DOMININCE 12 HOUR 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 DOMINANCE is rejected from this middle resistance of this big ascending channel pattern now we are expected a drop up to 4.3% because there is support there.
What's your thought on this?
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USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
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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 DOMINANCE is rejected from this ascending channel pattern upper resistance level so we expect a drop up to 4.16% support level.
What's your thought on this?
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USDT DOMININCE 1D UPDATE Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
USDT DOMINANCE is having a resistance of 4.43% or if USDT DOMINANCE breaks this resistance then we can make this bearish double top pattern as we make in July 2021 so let's see how the daily candle closes.
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USDT DOMININCE 6 HOUR UPDATE Welcome to this quick update, everyone.
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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 DOMINANCE is making this bearish head and shoulder pattern now it is having 4.10% resistance level or 50MA also. But for confirming the bearish Head and Shoulder pattern it has to close the downside to the 4.94% support level.
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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 Dominance is going the same as I said in my TG channel now It Breaks 100ma support and trying to retest it successfully now expect a drop up to 3.9% level.
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USDT.D 1D CHART WILL BULL MARKET STARTS?Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
MY previous USDTdominance chart has been invalidated now if USDT DOMINANCE breaks and closes downside this 50 MA support level then we expect the first drop up to 3.77% level.
What's your thought on this?
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USDT DOMININCE 12 HOUR 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.
As I posted BTC chart that BTC is making two scenarios in which if BTC goes with the second scenario then USD dominance can Bounce from here to the first resistance let's see how it goes.
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USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Strong Dominance Looks like it might bounce from here If you don't trade now it will be fine I will update as soon as the market changes
Sorry for my English it is not my native language.
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THANK YOU...
USDT DOMININCE 4 HOUR 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.
My previous USDT DOMINANCE has been invalidated now It is having 21MA as resistance let, see how the 12 hours candle closes if it closes downside the 21MA then we expect a drop up to 3.65.
What's your thought on this?
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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 DOMINANCE is making a bearish triple top pattern expecting to come around 3.65%.
What's your thought on this?
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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 DOMINANCE is rejected from this blue line of resistance
now the support is around 3.65%.
What's your thought on this?
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USDT DOMININCE 1 HOUR UPDATE Welcome to this quick update, everyone.
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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 DOMINANCE is making a bearish pennant pattern in a short timeframe so we expect a breakdown side of the support and conform the pannent pattern.
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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 DOMINANCE breaks out first resistance now it is retesting it and after it, I expect to come around 3.65%.
What's your thought on this?
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