triangle is being formed on 15m and 30m $BTC chart, crossing above 105k will result in new ATH of around 113k and we will see bearish move in market if $BTC crosses below 103k.
what are your thoughts where market is moving? let me know your thoughts in comments.
So I can see a lot of you guys making stories or copy pasting rubbish stuff from gpt regarding recent decline in the market.
those who are following me, might have seen my post regarding USDT dominance that I posted here couple days ago where told that huge dump and Market correction is expected and people should take some profit and keep cash to buy dip.
but seems like my post didn't got much engagement, and that's one reason I don't post my analysis regarding market too often.
if you want to know my analysis in future as well then like this post and follow me as I will be posting some real analysis about some great coins as altseason is just around the corner.
#BTC100K! #Market_Update Be ready for a huge dump as USDT dominance has completed it's consolidation phase
awe98
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Bearish
#USDT.D update
USDT dominance is probably creating a consolidation pattern these days and as drawn on the chart, it can have another small drop before having a strong rise towards 4.35% - 4.70% zone. if so, $BTC can reach a new ATH (102,000 - 104,000 zone) before a possible strong drop.
Market is probably going to provide traders/investors with a nice discount on many coins, so it is once again advised to have liquidity/cash to buy the dip.
USDT dominance is probably creating a consolidation pattern these days and as drawn on the chart, it can have another small drop before having a strong rise towards 4.35% - 4.70% zone. if so, $BTC can reach a new ATH (102,000 - 104,000 zone) before a possible strong drop.
Market is probably going to provide traders/investors with a nice discount on many coins, so it is once again advised to have liquidity/cash to buy the dip.
as I posted in my previous post regarding USDT dominance is probably creating a consolidation pattern these days and as drawn on the chart, it can have another small drop before having a strong rise towards 4.35% - 4.70% zone. if so, $BTC can reach a new ATH (102,000 - 104,000 zone) before a possible strong drop.
Market is probably going to provide traders/investors with a nice discount on many coins, so it is once again advised to have liquidity/cash to buy the dip.
so lots of you are asking in the community regarding whether to buy certain coins, hold or maybe sell those coins to avoid liquidation.
here is a little guide for you guys, #USDT.D USDT dominance is currently doing a retest of the 4.35% - 4.70% zone and so the market is showing some correction.
it is advised to have some liquidity/cash to buy the dip because following the retest, USDT.D is probably going to have another sharp drop and probably many altcoins are going to have stronger pumps.
below 👇 I have shared my analysis of 8H chart of usdt dominance for you guys.
like and subscribe for more content, tips and market updates.
so lots of you are asking in the community regarding whether to buy certain coins, hold or maybe sell those coins to avoid liquidation.
here is a little guide for you guys, #USDT.D USDT dominance is currently doing a retest of the 4.35% - 4.70% zone and so the market is showing some correction.
it is advised to have some liquidity/cash to buy the dip because following the retest, USDT.D is probably going to have another sharp drop and probably many altcoins are going to have stronger pumps.
below 👇 I have shared my analysis of 8H chart of usdt dominance for you guys.
like and subscribe for more content, tips and market updates.
we will soon see some price correction in $BTC considering the analysis shared in my last post.
awe98
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Bearish
#USDT.D update
As per the charts, considering the channelized movement of USDT dominance over the past few weeks and also the pivot zone of 4.72% , it is rational to say that USDT.D is in the support area where a subsequent upward reaction is very likely which means market's probably heading for a time/price correction so lower levels will probably be hit in many coins.
As per the charts, considering the channelized movement of USDT dominance over the past few weeks and also the pivot zone of 4.72% , it is rational to say that USDT.D is in the support area where a subsequent upward reaction is very likely which means market's probably heading for a time/price correction so lower levels will probably be hit in many coins.
As I posted some time ago, btc went above 72k and after that we are witnessing a huge dump in the market and we will see $BTC going to 65k-66k range.
awe98
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Bearish
#BTC☀ update
As per the 4H timeframe on chart it is expected that $BTC will be going back to 66,500 - 66,900 area in few days after touching the 4h high somewhere between 69,600-70,960 range.
As per the 4H timeframe on chart it is expected that $BTC will be going back to 66,500 - 66,900 area in few days after touching the 4h high somewhere between 69,600-70,960 range.
The 5.21% support level is still holding well. Given the Price action, Indicators and Time elements (1H & 4H), it might be possible to see some upward reaction in USDT dominance meaning that a dump in the entire market is a possibility.
TOTAL has reached an area where several resistances are located. Considering the bearish divergence, some dump in TOTAL is a possibility. Crossing below the blue trendline is The trigger for this dump.
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$BTC seems bullish on chart and is getting close to the short term ascending trendline and it's possible to see a pump through the resistance zone (64000-65000) soon. in that case BTC can reach 70,000 zone.