USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we can see dominance 1 hour update dominance rise from here to 4.45 and when it rejects from there then we can take trade
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Usdtrylong
USDT.DOMINANCE 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
As we mentioned in our last update that USDT.D will bounce from yellow MA and it bounced right from the yellow MA and currently moving towards blue MA or upper trend line. We hope that USDT.D will reject from the blue MA after that we will be able to see some good rally in ALT coins
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USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Strong Dominance looks Bullish on High Time Frame but Strong Dominance may come closer to 4.32 Only then Dominance will Bullish Bounce
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USDT DOMININCE 1 HOUR UPDATE Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart usdt dominance is making this bearish expanding triangle pattern but it is not yet confirmed. for confirmation, it needs to break and close downside this support level. Then we expect a drop of up to 4.25%.
What's your thought on this?
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USDT/DOMINANANCE 4HOUR UPDAYTE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
I think Dominance has bounced like I think Dominance may go up by 3.53% to get rejections
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USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
If the USDT dominance is rejected by 21 then ham will update the coin of the pair used in the altcoin if there is a break from here then we will update some short calls Waiting for the confirmation of the market
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USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
USDT.Dominance right now looks like it may even fall to 200 EMA so here may be USDT pair coin pump
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USDTRY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDT.DOMMINANCE 4HOUR UPDATEWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
Strong Dominance Looks like it might bounce from here If you don't trade now it will be fine I will update as soon as the market changes
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USDTRY- BUY strategyWe have moved above 10.50-11.00 and we broke through the FALSE BEAR FLAG channel upwards.
Looking at the GANN square, we are observing a break-out of the previous GANN angle and in a new square with support at 12.62.
The MA is positive, and the MACD is is moving slowly to positive (it always is lagging) and the DMI is positive USDTRY.
My feel is we go back 15-17 ranges, and who knows even above 18s.
The MONTHLY CHART we have to observe closely once we have reached a correction upwards. But for now remain long with stop below 12.00 and profit target 15-50-16.00.
USDTRY headed to 15According to the economic situation is Turkey, USDTRY became like a altcoin. Past 3 months it devaluated about 100%. Now volatility increased and in one day it it increase 10% up and -9% in minutes. Today it break the resistance and correction should be near 15 by 10th Jan, let's see.
Not a investment advice... Do your own research.
USDTRY A Great Buying OpportunityTrade Proposal:
There is a probability of first tp to the proposed ( 20 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis: TRYUSD Waiting for the Range Bound and the beginning of the Ascension Trend.
USD/TRY Turkish Lira UpdateThis week has seen the USD/Turkish Lira exchange rate drop from a high of 18.25 TL per Dollar to a close at 11 TL per Dollar. In my previous idea published in January 2021. The concepts I laid out in that idea are still valid. The curve I drew still holds intact. RSI is still rising in the parallel channel. The recent spike has seen RSI reach even higher value than ever before. I still hold that this trend will continue until 2026 where the exchange rate will be 18 TL for the Dollar; and I'm talking about the normal stable every day rate, not a temporary spike like in the past month.
Another thing to notice is the volatility.
The previous spike in January 2017 reached a high that is 30% above my curve.
The spike in September 2018 reached a high 71% above the curve,
and lastly, the December 2021 spike reached a high 104% above the curve.
As we go further in this trend, the spikes will be more volatile and we could see the rate triple in a matter of weeks, only to come back down the following week. This instability severely disturbs daily transactions both domestic and international which will push foreign investors away from Turkey. Already many investors are prepared to slowly pull out their capital as they say this instability occur right at the time of closing the books at the end of the year. Turks are already pricing their goods in Dollar and Euro having little confidence in the value of the TL. These factors will only worsen the situation in the coming years, and their effect is not seen immediately, but over months and years. Without a fundamental policy change, this trend will continue. Trust in the Turkish Central Bank is dropping as hard as the currency is.
Throughout 2020, The Turkish government has been the biggest buyer of gold in the world, but they have been also the biggest seller of gold in the same year. The Central Bank is confused as is actually trading gold like an uncertain irresponsible child. The responsible thing to do is to peg the currency to either the Dollar, the Euro, Gold or even better, Bitcoin. It will cause a shock, but it will also bring security, stability and prosperity in less than a decade.
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USDTRY- careful BUY strategyThe daily chart has developed a FALSE BEAR FLAG pattern.
The flag channel is wide ranging between 11.28 and low 9.12s.
This type of pattern usually suggest a sharp upward move, and that is why BUYING is advised. the question is where we do we buy.
My previous buy level was 11.50-12.00, but think we should lower that now. I feel we buy or add 10.25-10.75 and after 9.50-9.75.
The profit levels will be placed 13.75-15.00.
It is no issue holding longs, but keep in mind that the stop-loss level is lower now and below 9.00.
As a note: keep your positions to a very low leverage and add tiny to it if we fall. The market is still uncertain and there are still some USD longs out there from long-term perspective.
For long-term I remain SELL 13.50-15.00 and profit 8.75-9.00.