Dominancia de stablecoins, que harán las demás criptos?He incorporado este índice a mi análisis, para no sólo analizar la dominancia de Tether, la idea es la misma, dominancia de stablecoins hacen lo contrario a las demás criptomonedas.
Lo que se muestra es un estimación del movimiento que se podría esperar, lo importante serían las zonas marcadas,
Zona verde: gran correción en criptos (btc más que alts) buscar shorts
Zona roja; buen movimiento alcista (btc y/o alts), buscar longs
Usdt-dominance
[EN] USDT DOMINANCE -> The key for smart crypto investingWelcome again! Today we will talk about how present is the most used stablecoin in the crypto market: CRYPTOCAP:USDT.D . Believe it or not, CRYPTOCAP:USDT.D is the way to understanding how the money in the crypto market is moving.
Even though the stablecoin CRYPTOCAP:USDT has been growing rapidly since 2017, we have found tranquility within the bear market; clearly, this is an opportunity to stop analyse what is happening and what can we relate its action to.
First of all, bear in mind when the dominance increases, it means selling or minting, whereas when it decreases, it means buying. In one hand, the graph presents us a situation where we have a great resistance which defined the bottom of the bear market. In the other hand, we find that we actually are near a clear support where the market reacts.
What could that mean? We never know, but it is to expect soon a top before halving, which is expected in mid-april.
Remember this is no financial advice, and must not be taken as such.