A big request - FIXED profit and transfer in USDT/USD/USDC Hello dear friends.
At this time, there is no particularity in the market, and I have not seen this for a long time.
Please read this to the very end of this trading idea.
I care how you trade and I don't want for you, to lose your money now.
Therefore, those who follow my trading ideas, do as I ask you.
Why am I asking you to take profits and wait out any price movement in fiat currency.
Because:
Bitcoin price margin values are now over 3000 pips (this is a new record for such price spikes).
One wrong entry into a position will result in a series of losing trades.
Secondly :
There is no specifics on the levels - each of them is broken, they trade under it, and vice versa - the price is returned by stop losses.
Thirdly:
We have a falling wedge that expands the boundaries - and in which direction (for a price reversal, for a price fall) I cannot indicate.
In the fourth column:
At 30m, 1h, 2h, an inverted head and shoulders are formed, but the volume for selling (orders) is too large at marks such as (33500-34000-34500-35000) The same number - buy orders from $ 30,000 per bitcoin. It follows from this that the price will be squeezed between levels.
5th
cluster analysis - a large accumulation of forces in a given price range - and in which direction the impulse movement will be - I cannot write to you.
On many indicators, such as:
RSI, MACD, BOLLINGER and WR - each timeframe - works in contradiction with the older timeframes.
The more TF, the unassigned pointer it has.
For example, for some - there should already be a price reversal, for the rest, the continuation of the fall.
Likewise - the state of correction occurred from the moment of growth by 20%, but according to the analysis of Japanese candlesticks, it is unassigned - this can be indicated to you by the last 7 candles on 1 hour TF.
Therefore, if you are in profitable positions, save them and set a stop loss (trigger, market) in order not to exit the position with a loss.
For those who follow my recommendations, the time will come when you and I will earn much more than we will trade for good luck
Although - I expect the price to fall to the levels that I wrote to you.
At the moment I have no positions - and I am waiting for confirmation of entering it.
USDC
ADAUSD imminent reversal. Short term.We did break out and closed above our blue trendline but with very little volume and follow through; thus forming an M pattern with .618 fib neckline. There might be some support at .786 of our fib but I don't expect it to hold the market very much. I also suspect that the green trendline support won't hold the market for long and will eventually break unless we get a bounce up to 0.36$. A good confirmation for a reversal would be a break below 21 EMA and then coming back up to test it as resistance.
LEND / BTC - Next LINKBINANCE:LENDBTC
LEND Chart.. if you follow me you know I don't write a bunch.
1. Good Fundementals
2. Perfect Pattern.
3. Will be Next LINK.. Buy&Hold
NOT Financial advise!
USDT, is it a safe heaven? like and follow for updates will crypto traders wake up one day with a disaster of USDT crashing?
Do you think USDT is a real safe heaven?
10.4 B is a mighty resistance for USDT.so, can we see a real crash from there?
shall we go for the FIAT instead of stable coin?
it is an open discussion ,so tell me your opinion
USDC Mirror Chart! Bullish explosion coming soon!Good morning everyone,
Bullish:
- RSI over 50
- MACD rising
- Lines crossed EMA50 with a bullish first candle like before (drawn in the Chart), and stays above it .. last time it produced another bullish candle.
- We have a long time bearish trend line who broke some days ago.
Expect at least 50% within the next days.
Everything else drawn in the Chart.
I have a Premium Chat on Telegram. If you want to follow my trades PM me.
It would feel great if you support my work here.
Thanks for following.
Dont forget to hit like button (doesn't cost you anyhting).
And don't forget, this is not a trading advice. Trade at your own risk and make a plan before trading.
USD Coin (StableCoin) Project OverviewAbout USD Coin
USDC is a fully collateralized US dollar stablecoin. It is an Ethereum powered coin and is the brainchild of CENTRE, an open source project bootstrapped by contributions from Circle and Coinbase. USDCs are issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency in a 1 USDC:1 USD ratio. Issuers are required to report their USD reserve holdings frequently, and Grant Thornton LLP issues reports on those holdings every month.
"INTRODUCING USD COIN
"A stablecoin brought to you by Circle and Coinbase
"An open source, smart contract-based stablecoin
"True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added."
Source: Coinmarketcap.com
Website: centre.io/usdc
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Above you have the chart mapped with the Fib. levels.
Namaste.
XRP/USDC H&S break Pattern What is next? Hi to all, this is my idea on XRP,
Please comment if you agree or not with this idea.
XRP price just bounce with a little bit of trouble form the EMA200 and break the neck line from the previous H&S pattern, this means that the bearish market end.
The MACD and the RSI also are ready to support this movement.
Enter Price above the neck line: 0.23
Targets:
Right Shoulder: 0.241
Head: 0.255
Adro
Tether implosion continuing.. bitfinex RIP?So the tether implosion is continuing, check out my previous post -> . In this one i added PAX.
Anyways we can clearly see that USDC is leading the USDT exodus. Probably all of Tethers US customers are moving into USDC and the Tether team can't keep up the peg.
Is Tether going to implode to it's competitors? No one knows how tether really backs up their USD. If they use actual USD they're at the mercy of legacy banks that can shut them down and if they use BTC or others assets to back up tether then they are at the mercy of the markets and the prices of their assets. Tethering ain't ezpz.. Now big boy goldman sachs has entered the stable Ecoin (Evil coin) game giving tether some competition. The chart shows that the tether drama arose shortly after the introduction of USDC. Some bigger players probably sold their Tether for USDC and bitfinex et al couldn't keep the peg without selling too much of their assets such as btc.
USDCHF remain bullish with pullback to supportBuy above 0.9958. Stop loss at 0.9900. Take profit at 1.0044.
Reason for the trading strategy (technically):
Price has broken our long term descending resistance-turned-support line signalling a change in momentum to bullish. It has also made a very nice pullback and recently displayed a bounce above this descending support line. We turn bullish above 0.9958 support (Fibonacci retracement, horizontal overlap support, pullback support) for a push up to 1.0044 resistance (Fibonacci retracement, swing high resistance).
RSI (34) sees intermediate support above our 36% level.