$USDT Dominance
My new favourite index.

We can see that USDT is being bought up rapidly, faster than Bitcoin and Altcoins combined.

1D https://www.tradingview.com/x/C2gnaPhD/

$BTC
Has fallen to the first real contender for support but I suspect a dead cat bounce will take place here followed by further down side.

Target 2 is still looking reasonable to me.

1D https://www.tradingview.com/x/LZ0cmXkW/

$TOTAL
The head and shoulders pattern is still playing out extremely clearly on this.

My current play is to buy back into alt coins at 1.8T mcap, then ride them to the top of the right shoulder and sell them again.

1D https://www.tradingview.com/x/7jxS4XqV/

$TOTAL2
Lost the 2.618 fib extension.

Currently on support, just like Bitcoin so again we could see a little recovery on alts. But I'm not touching them.

1D https://www.tradingview.com/x/piIQh9ag/

$TOTAL
Wow, we're on support already!

1D https://www.tradingview.com/x/kOIqdSjb/

$TOTAL
I need to give some clarity here.

I'm moving to low time frame analysis now and will wait for the support to be held.

Currently we're below. People are still panicking/ liquidating.

1D 1D https://www.tradingview.com/x/kOIqdSjb/

$TOTAL
Just waiting for it to break to the upside in this rising wedge, to invalidate bearishness.

Then I'll dive into my alt positions, and set tight stops.

5m https://www.tradingview.com/x/cLjvxShS/

$TOTAL
Nope. The market is still bearish.

Staying out for now.

5m https://www.tradingview.com/x/biErtZpf/

$TOTAL

has broken to the upside

5m https://www.tradingview.com/x/6WuEa6p7/

$BTC
1D https://www.tradingview.com/x/7K6CKQgU/

$BTC
A daily close above the 200MA / target 2 support wouldn't surprise me.

1D https://www.tradingview.com/x/VMDGC0U9/

$BTC
The daily close was well below target two weekly support and the 200MA.

I don't think the dip is over.

1D https://www.tradingview.com/x/oXb4VCav/

$BTC
Just keeping it simple.

The weekly order blocks are marked on the chart.

Effectively an "institutional order block" is a point in the chart where price pulls back, has a period of consolidation and rallies off again.

These serve as strong levels. For this reason I have low buys set near $23,000 and $19,000.

1W https://www.tradingview.com/x/JBohsZlt/

$TOTAL2
Here's a glimmer of hope - altcoin market cap is on support.

Perhaps it'll make the head and shoulders that failed on $TOTAL.

1D https://www.tradingview.com/x/DO7RHcz4/

$TOTAL
Daily price action was very bullish, pretty much no sell pressure.

However, it has closed below resistance, so I'm neutrally biased.

Still holding a heap of USDT just incase.

1D https://www.tradingview.com/x/k7LITo4t/

$BTC
Bounced hard off a significant level but did close just below this resistance level.

Again, neutrally biased.

1D https://www.tradingview.com/x/87trGo1g/

$BTC
Watching it in this 30 minute rising wedge.

30m https://www.tradingview.com/x/nZJBp1Oz/

$BTC
Put simply, we're in a bear market until Bitcoin reclaims the level between $44,800 and $45,400.

Otherwise it looks like we're in the anxiety stage of the wall street cheat sheet.

1D https://www.tradingview.com/x/5VmPdNSq/

$SNX
Nice short available here for the descending triangle.

1H https://www.tradingview.com/x/PRZBRGe0/

$TOTAL2
The market is starting to show some signs of strength with altcoin market cap holding support nicely and looking bullish on the lower time frames.

1D and 1H

$BTC
Promising signs for Bitcoin also, with it reclaiming support after falling to the falling wedge target and bouncing.

1D and 1H