First of all I wanna thank you for your support, and I'm gonna talk about a few things that I'm planning to do for you guys, so please watch it!
Regarding Tether: We're tightening at 95 cents, which means either we're stablizing there, or we're gonna see some break coming.
BTC, ETH and EOS are in beautiful EQ's, which will definitely see a break. Ripple is going upwards inside a channel, and is right now on the bottom side almost breaking as I'm doing the video.
Feel free to share, what the situation is with you: Do you still trust USDT, do you still have funds on Bitfinex?
Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up, because the mechanism shows my video to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :) No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
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Ripple broke out of the channel first, BTC, ETH & EOS are breaking the EQ now, which you can also see as Daily inside bars. Of course, in order for the break to be convincing/following through with BTC, we have to see the volume picking up: On Coinbase we can see that, on Bitfinex not yet.
thanks for sharing! i would love to learn more about crypto too. i dont know much about crypto , but if tether is pegged to the dollar, and if the dollar was to lose alot of value, which it is, i think tether could be very volatile , with interest rates being raised and countrys no longer using the dollar , i think the dollar is in its last years of being the reserve currency of the world. or i could be wrong. but china holds a massive amount of usa treasurie bonds . this trade war is excalating very fast now between china and usa . if china feels cornered they will most likely sell all the usa treasury bonds they hold causing the dollar to fall . who knows, maybe they can kick the can down the road for a little longer
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@dothethang, Thx for sharing your thoughts. Yeah, the Dollar value itself is of course also important, as most of us are doing our day to day payments in that currency. I’m also very curious, how far the trade war with China will escalate/what effect it’ll have. => That’s why
crypto was invented in the first place: To not be affected by fiat’s demise.
The week before, when the stock market crashed, it was the perfect chance for the crypto/Bitcoin community to show some strength. Unfortunately, crypto couldn’t show itself as safe heaven, given that perfect chance. So let’s see, what crypto will do in a real crisis.