Hello everyone.
The entire crypto market is about to face a crucial decline.
There are many technical ways to show it.
I'm here today to show you one of them.
One of the best ways of examining the crypto market is checking the stablecoin dominance.
The most famous way to do it is simply looking at the USDT.D chart, which is extremely bullish right now.
The problem with that is, if stablecoin dominance is rising, it means the market is going down. Also vice versa.
We can also combine them to see more complex details to understand what is about to happen in the near future.
Right now, you're looking at the “USDT.D + USDC.D” chart, so they are combined.
The problem here is, this chart is extremely bullish on the weekly timeframe.
It means extremely bearish for the entire crypto market.
There is a very common pattern known as a “triple bottom,” which is about to break. Moreover, a broken trendline on the weekly timeframe simply means that the trend is not likely to end very soon.
We might be witnessing a very bearish market next year.
Be prepared.
Good luck.
The entire crypto market is about to face a crucial decline.
There are many technical ways to show it.
I'm here today to show you one of them.
One of the best ways of examining the crypto market is checking the stablecoin dominance.
The most famous way to do it is simply looking at the USDT.D chart, which is extremely bullish right now.
The problem with that is, if stablecoin dominance is rising, it means the market is going down. Also vice versa.
We can also combine them to see more complex details to understand what is about to happen in the near future.
Right now, you're looking at the “USDT.D + USDC.D” chart, so they are combined.
The problem here is, this chart is extremely bullish on the weekly timeframe.
It means extremely bearish for the entire crypto market.
There is a very common pattern known as a “triple bottom,” which is about to break. Moreover, a broken trendline on the weekly timeframe simply means that the trend is not likely to end very soon.
We might be witnessing a very bearish market next year.
Be prepared.
Good luck.
İşlem aktif
Not
Sadly, %70 of the road has been achieved.İşlem kapandı: hedefe ulaştı
One last pump, then the bullrun begins. Whoever followed this analysis, I'm greatfull.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.