Tether seems to have proven their USD liquidity, this help catalyze the bounce to 8.5k, which is .618 fib of the past swing from 9.9k
uk.reuters.com/article/us-cryptocurrencies-tether/cryptocurrency-firm-tether-releases-law-firm-report-attesting-to-u-s-dollar-reserves-idUKKBN1JG1SB
uk.reuters.com/article/us-cryptocurrencies-tether/cryptocurrency-firm-tether-releases-law-firm-report-attesting-to-u-s-dollar-reserves-idUKKBN1JG1SB
Note
Trade invalidates if 6.4k is taken out confidently by bears.Still great RW on this trade imo.
Trade closed manually
Bears in full control.5920 target from here, new post soon.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.