The key is whether USDT dominance can fall below 6.85-7.27

Cập nhật
hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(USDT chart)
ảnh chụp nhanh
A rise in the gap broke the previous latest high.

USDT is renewing all-time highs.


(USDC chart)
ảnh chụp nhanh
If USDC continues to gap down below 26.129B, there could be problems with investment products launched for the coin.

Therefore, caution is required if you are investing in coin-related investment products released on the stock market.


(BTC.D chart)
ảnh chụp nhanh
It needs to fall below 47.64-48.80 to trigger an altcoin bull run.

If not, you need to be careful when trading altcoins.

For Altcoins, when BTC is below 29K, the first round of purchases will be made.

In the second round of buying, BTC buys in the 32K-43K range.

I think the time to buy in earnest is when BTC's HA-High indicator on the 1M chart is supported and trying to rise.

Depending on your investment period and trading strategy, short-term trading is possible by selling the first purchase in the second purchase period.


For reference, BTC dominance is expected to touch around 56.78-61.73.


(USDT.D chart)
ảnh chụp nhanh
During this volatility period of USDT dominance, around July 5th-August 2nd, it is finally showing a rise above 7.27.

In the big picture, USDT dominance is expected to break out of the 6.21-8.25 zone before a new trend is formed.

Therefore, it is likely to deviate from the 6.85-7.27 section and in the direction of movement.

For reference, USDT dominance must fall to indicate an upward trend in the coin market.


The next period of volatility is around August 21-28.

-------------------------------------------------- -------------------------------------------

** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

---------------------------------
Ghi chú
(USDT chart)
ảnh chụp nhanh
Staying on the rise...

(USDC chart)
ảnh chụp nhanh
If the gap continues below 26.129B, there is a possibility of problems with coin-related stock investment products, so caution is required.

(BTC.D chart)
ảnh chụp nhanh
The volatility period on the BTC dominance chart is until August 4th.

Therefore, it is necessary to observe what it will look like as it passes through this period of volatility.

BTC dominance is expected to eventually rise around 56.78-61.73.

Therefore, you need to be cautious when investing in altcoins.

This is because when BTC dominance rises, it means that funds are concentrated towards BTC.

(USDT.D chart)
ảnh chụp nhanh
USDT dominance is expected to turn upwards for sure after this period of volatility.

An increase in USDT dominance means that the coin market is likely to show a downward trend, so caution is required when trading.

Accordingly, caution is required in day trading and short-term trading, and it is highly likely that it will be a buying time for medium-term or longer trading.

So, when BTC is below 29K, you should try to intensively buy BTC or ETH.


In order to invest in altcoins in the mid- to long-term, I think you should purchase at least three times.

Therefore, the first purchase of an altcoin is made when BTC is 29K.

The second round of buying proceeds when BTC is in the 32K-43K range.

The 3rd purchase, that is, full-fledged purchase, proceeds when the HA-High indicator on the BTC 1M chart shows support.

When buying the 3rd altcoin, BTC or ETH is also a full-fledged buying period.
Beyond Technical AnalysisbtcdominanceTechnical IndicatorsmarketcapTrend AnalysisUSDCusdtusdtdominance

Black Friday sale 70% off :
tradingview.com/black-friday/

Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Ngoài ra, trên:

Bài đăng liên quan

Thông báo miễn trừ trách nhiệm