Top #Stablecoin Market Cap Over Last 4 Months
#USDT : +$14B
#USDC : -$10B
#BUSD : -$14.6B
@ChartsSignalsTrading
#USDT : +$14B
#USDC : -$10B
#BUSD : -$14.6B
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#USDT.D UPDATE:
USDT.D rejected till the lower trendline support grabbed the liquidity and given upside move right from the demand zone on 4hr. USDT.D pumped that's the reason we have witnessed a rejection in BTC and Alts as we know USDT.D increases BTC and Alts decreases.
Now USDT.D is approaching its resistance level from where we have witnessed a rejection in past + also we also have a trendline resistance aligning there a rejection from the resistance level will be a positive sign for the market in case of a breakout from this trendline resistance then we may see a huge rejection to the lower levels for BTC as well as Alts.
As the direction of USDT.D is not cleared it is good to trade cautiously and must use sl.
@ChartsSignalsTrading
USDT.D rejected till the lower trendline support grabbed the liquidity and given upside move right from the demand zone on 4hr. USDT.D pumped that's the reason we have witnessed a rejection in BTC and Alts as we know USDT.D increases BTC and Alts decreases.
Now USDT.D is approaching its resistance level from where we have witnessed a rejection in past + also we also have a trendline resistance aligning there a rejection from the resistance level will be a positive sign for the market in case of a breakout from this trendline resistance then we may see a huge rejection to the lower levels for BTC as well as Alts.
As the direction of USDT.D is not cleared it is good to trade cautiously and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#USDT.D UPDATE:
USDT.D had a breakout on daily and pumped massively due to which BTC and Alts affected badly.
If we look USDT.D on weekly it has given reversal right from the weekly demand zone and pumped massively.
Now the next resistance level for USDT.D is the trendline resistance on weekly if it rejects from here then we may see a relief rally in BTC and Alts.
If supposed it breakouts this trendline resistance it will not be a good sign and we may see further blood bath in the markets.
As things looks very uncertain currently it will be good to wait for a clear direction and not take unnecessary risks let the dust settle.
@ChartsSignalsTrading
USDT.D had a breakout on daily and pumped massively due to which BTC and Alts affected badly.
If we look USDT.D on weekly it has given reversal right from the weekly demand zone and pumped massively.
Now the next resistance level for USDT.D is the trendline resistance on weekly if it rejects from here then we may see a relief rally in BTC and Alts.
If supposed it breakouts this trendline resistance it will not be a good sign and we may see further blood bath in the markets.
As things looks very uncertain currently it will be good to wait for a clear direction and not take unnecessary risks let the dust settle.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#USDT.D UPDATE:
USDT.D has currently reached the weekly trendline resistance level a rejection from here will be a positive sign for BTC as well as alts and then we can expect a relief rally.
If incase USDT.D breakout from this trendline resistance then we can expect a huge rejection in BTC and Alts.
As the USDT.D is currently at crucial level we should keep it in mind and trade very cautiously and must use Sl's in the trades.
@ChartsSignalsTrading
USDT.D has currently reached the weekly trendline resistance level a rejection from here will be a positive sign for BTC as well as alts and then we can expect a relief rally.
If incase USDT.D breakout from this trendline resistance then we can expect a huge rejection in BTC and Alts.
As the USDT.D is currently at crucial level we should keep it in mind and trade very cautiously and must use Sl's in the trades.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#USDT.D UPDATE:
USDT.D has given move from the daily demand zone also had flipped the 89 + 100 EMA to support.
USDT.D has now reached the daily trendline resistance and supply zone we have seen a rejection from here in the past if USDT.D rejects it will be a positive sign and we may see a relief rally in the coming month for BTC and alts.
If USDT.D breakout from this trendline resistance and flipped the supply zone it will not be a good sign for BTC and Alts. As we know USDT. Increases BTC and Alts decreases.
As we have no clear direction yet Alts and BTC are bleeding it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
USDT.D has given move from the daily demand zone also had flipped the 89 + 100 EMA to support.
USDT.D has now reached the daily trendline resistance and supply zone we have seen a rejection from here in the past if USDT.D rejects it will be a positive sign and we may see a relief rally in the coming month for BTC and alts.
If USDT.D breakout from this trendline resistance and flipped the supply zone it will not be a good sign for BTC and Alts. As we know USDT. Increases BTC and Alts decreases.
As we have no clear direction yet Alts and BTC are bleeding it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#USDT.D UPDATE:
All eyes on USDT.D for now
As mentioned in yesterday USDT.D update that it is at very crucial level and a breakout from here will not be a good sign for BTC as well as Alts and the same thing happened USDT.D had a breakout from the trendline resistance level and BTC and Alts are bleeding currently.
Now the next strong resistance level for USDT.D is the 5.12% level where we have a weekly 21 EMA resistance level + a supply zone a rejection from here will be a good sign and then we may see a relief rally in BTC and Alts.
If incase USDT.D also flip the 5.12% resistance level then we may see further rejection downside.
This week is packed with events! Today, big companies are announcing results, tomorrow is the FOMC meeting, and about 20% of major firms will release earnings this week..
As events coming + choppy price action and no clear direction yet, Alts and BTC are bleeding it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
All eyes on USDT.D for now
As mentioned in yesterday USDT.D update that it is at very crucial level and a breakout from here will not be a good sign for BTC as well as Alts and the same thing happened USDT.D had a breakout from the trendline resistance level and BTC and Alts are bleeding currently.
Now the next strong resistance level for USDT.D is the 5.12% level where we have a weekly 21 EMA resistance level + a supply zone a rejection from here will be a good sign and then we may see a relief rally in BTC and Alts.
If incase USDT.D also flip the 5.12% resistance level then we may see further rejection downside.
This week is packed with events! Today, big companies are announcing results, tomorrow is the FOMC meeting, and about 20% of major firms will release earnings this week..
As events coming + choppy price action and no clear direction yet, Alts and BTC are bleeding it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#USDT.D UPDATE:
All eyes on USDT.D for now
USDT.D has reached the strong resistance level of 5.12% level where we have a weekly 21 EMA resistance level + a supply zone a rejection from here will be a good sign and then we may see a relief rally in BTC and Alts.
If incase USDT.D also flip the 5.12% resistance level then we may see further rejection downside.
As we have weekly closure tomorrow and due to the choppy price action and no clear direction yet, Alts and BTC are bleeding it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
All eyes on USDT.D for now
USDT.D has reached the strong resistance level of 5.12% level where we have a weekly 21 EMA resistance level + a supply zone a rejection from here will be a good sign and then we may see a relief rally in BTC and Alts.
If incase USDT.D also flip the 5.12% resistance level then we may see further rejection downside.
As we have weekly closure tomorrow and due to the choppy price action and no clear direction yet, Alts and BTC are bleeding it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#USDT.D UPDATE:
As mentioned in the previous update USDT.D has reached the resistance level where Weekly 21 EMA is also acting as resistance USDT.D rejected right from it.
Now What's Next?
The next strong demand zone is the rectangular region marked in the chart the EMA's are also acting as a strong support there. For the bullish momentum in BTC and Alts USDT.D needs to breakdown this strong EMA support level.
If USDT.D gives upside move from there again we will again see BTC and Alts to bleed so until the condition is not cleared + CPI coming tomorrow so volatility is expected.
@ChartsSignalsTrading
As mentioned in the previous update USDT.D has reached the resistance level where Weekly 21 EMA is also acting as resistance USDT.D rejected right from it.
Now What's Next?
The next strong demand zone is the rectangular region marked in the chart the EMA's are also acting as a strong support there. For the bullish momentum in BTC and Alts USDT.D needs to breakdown this strong EMA support level.
If USDT.D gives upside move from there again we will again see BTC and Alts to bleed so until the condition is not cleared + CPI coming tomorrow so volatility is expected.
@ChartsSignalsTrading