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ArturMemetov
Mar 3, 2021 10:46 PM

90 Days USDT uncertainty turning to PAXG Long

PAX Gold / BitcoinBinance

Description

In my opinion cryptomarket,will bleed huge. My fundamental analysis: NYAG needs documents from USDT within 90 days, USDT market cap still rises as they print money, but in my thought at some point they need to redeem and burn their tokens in order to get their documentation in place. Every crypto (altcoin,bitcoin) graph draws head and shoulders on the chart, I don't want to keep USDT either. Lokking at USD/Gold chart we have strong support level at $1690, where we should bounce to $1750. Looking at Btc/Gold chart I showed all the resistance levels (my targets): resistance red lines not as strong as resistance blue horizontal lines and black is very strong resistance level.
If you dont understand something, I would gratefully answer all of your questions. Not financial advise, do your own research and good luck

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