OPEN-SOURCE SCRIPT

Dominance: USDT + USDC

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This script combines the dominance of USDT and USDC, the two largest stablecoins in the market, to provide a clear and accurate view of their impact on the total cryptocurrency market cap.

Key Features:
- Individual Dominance: Displays the percentage dominance of USDT and USDC separately.
- Combined Dominance: Shows a line combining the dominance of both stablecoins to understand their total market influence.
- Real-Time Accuracy: Updates values based on the latest TradingView data.
- Visual Clarity: Unique colors for each line for easy interpretation:
- Blue: USDT Dominance.
- Green: USDC Dominance.
- Red: Total Combined Dominance.

Benefits:
- Strategic Analysis: Evaluate how stablecoins influence capital flow in the crypto market.
- Identify Trends: Understand growth or decline in dominance to detect market direction changes.
- Informed Decisions: Ideal for traders analyzing the relationship between stablecoins and overall market movements.

How to Use:
- Add the script to your chart and monitor the dominance lines.
- Use the insights to support your trading strategy.

Note: This script does not provide buy or sell signals. It is intended for informational and analytical purposes.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.