USDT.D 1W until the end of 2023
Updated
USDT.D looks strong. Current correction should end in the next week at level 7.52%
Last week of September will kickstart USDT.D's powerful rise up to 8.36% or even 9.23%.
This rise will be followed by a healthy correction, which will end in mid October.
Both scenarios Fast and Slow agree to show a radical appreciation of USDT starting from 16 October.
Only in mid November we will see possible correction and domination of one scenario out of the two shown. USDT.D might respect level 9.23% for some time or it might breakout and rise to 15.94% in the course from mid November to mid January 2024.
Thus crypto market might depreciate 50% by the end of 2023.
Is it global financial crisis coming?
Last week of September will kickstart USDT.D's powerful rise up to 8.36% or even 9.23%.
This rise will be followed by a healthy correction, which will end in mid October.
Both scenarios Fast and Slow agree to show a radical appreciation of USDT starting from 16 October.
Only in mid November we will see possible correction and domination of one scenario out of the two shown. USDT.D might respect level 9.23% for some time or it might breakout and rise to 15.94% in the course from mid November to mid January 2024.
Thus crypto market might depreciate 50% by the end of 2023.
Is it global financial crisis coming?
Trade active
Current scenario is based on price action we see now and does not price in fundamental reason of money printing and/or manual involvement of regulators into the market. This scenario must be broken by regulators printing enormous amount of liquidity in the near future. This liquidity should flood the market and breakdowns could take place in the beginning of 2024.
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