Looking at USDT.D short-term we can see lots of weakness. Looking at USDT.D long-term we can see a pattern of decreasing volume. We have a year long Head & Shoulders pattern, a huge pattern, that will lead to a massive crash on this index, money will flow from this and other stablecoins to Bitcoin and the Altcoins as the Cryptocurrency market grows. This...
Not writing much on it. Sharing my long scenario for BTC. Very heavy resistance overhead but it looks like a very clear bullish pennant forming from its previous run up. Currently attempting to break out, ultimate goal would be at 35-36k with TP zones at previous local high of 27.8K and 30k~ respectively. Look for volume on breakout of this wedge pattern. There...
SIVB SVB Financial Group suffered the most severe bank run since Lehman Brothers for selling bonds at a $1.8Bil loss just to raise cash! They had one of the worst possible yields as well: 1.79. USDT Tether said on Dec 2nd, 2022, that its equity is expanding swiftly, with "82.45% of the reserves held in U.S. Treasury bonds and other cash equivalents." What yield...
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Let's cut to the chase. As an advanced analyst, I see a cataclysmic drop in altcoins on the horizon (obviously). This isn't just a hunch; my trusted charts reveal a looming dive to super low levels. Even stable-coins like tether, which often a safe haven, are part of this story, affecting the Total2 index. Stable coins make up about 120 billion dollars (20% of...
BTCUSDT potential bearish setup. As BTC trading in bearish parallel channel and facing long term resistance in 26800 region.
CTKUSDT is under strong sell pressure. After the recent sell pressure the instrument is slowly recovering but again about to face the declining trendline. Will this region again put the instrument to downside?
CHZUSDT is trading in bearish channel and respecting the falling trendline with Fib confluence. Currently the pair is consolidating and meanwhile preparing for 3rd pivot to falling trendline. Will it respect the falling trendline and continue its trajectory to even more downside?
LINAUSDT is trading in bearish parallel channel and currently creating support at 0.120 region with bullish divergence. Will the price bounce from this critical level?
QNTUSDT gives us signs that we should expect strengthening in the medium term. After false breakdown of key support, the coin is strengthening by 20%. On the background of falling bitcoin QNT looks very confident. The price returns to the bullish price channel, making a false breakdown of the trend support. If the bulls finally take the market in their hands,...
As for Dominance Tether, my view is that it will continue to rise to 8.23% levels, and then it will start to rebound. The increase in demand is an early movement by whales to motivate buying, or it is a new trap.
CITYUSDT break the long term consolidation with strong bullish momentum and now currently retesting the breakout. Will it sustain its bullish move and continue higher?
Hi all. Timeframe 3D, LIT has formed an ascending channel. Marked targets and levels on the chart.
Is MATICUSDT getting ready for some serious upside movement. As MATIC printing successive HH and maintaining its inclining trendline seems like a buildup of bullish move.
ENSUSDT currently trading in bearish flag pattern, as there is no significant bullish divergence on the pair, will the ENSUDT break flag to downside to continue its bearish trajectory ?
IMXUSDT has given the breakout of long term consolidation , and currently retesting the breakout. If the retest hold perfectly, then the estimated targets are 0.84 to 0.90.
Hi all. CTK 3 years! forms a triangle. The output can be powerful. I am considering a set to the spot or an entry on a breakdown / retest. Goals on the chart.
The BTC had previously formed the H&S reversal pattern, but it does not work and the bulls regain control of the 26700 level, forming a bearish wedge, which might provoke a bullish momentum. The price makes a false break-down of the level of 26700, which is a strong support and forms a consolidation above the line. The market is in a consolidation phase after...