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#MONEYFLOW - Things couldn't be looking much more bearish for Cr#MONEYFLOW - Things couldn't be looking much more bearish for Crypto Looking at the over all money flow in the crypto space could not really look any more bearish rn. USDT Dominance - Up, money coming out of ALTs and BTC, possibly new money coming in ready to buy dips. BTC Dominance - Rising, this is likely the hodl'ers remaining in BTC whilst all the agile traders are moving out into USDT Total Alt Cap broken support - very bearish, not as many hodl's in the ALT market so this will be affected quicker than BTC DXY has bounced well off the 200 daily moving average with a possible retest of 111-112 region, this is bearish for risk assets like BTC BTC Price is falling along with the dominance rising - this is usually a direct signal money is flying out of the space BTC and Alt space Gold is falling that is showing the real strength of the DXY atm.
TVC:GOLDShort
by Kryptochristian
2
Tether - The ominous precedent and another scapegoat?The recent market volatility and unprecedented movements in the cryptocurrency market brought along the critical question of stablecoin safety. Just within a matter of a few days, the whole cryptocurrency market was shaken up by the downfall of a stablecoin named Luna, which lost 99% of its value; this sets the ominous precedent for what might occur in the Tether (owned by Bitfinex). Already back in July 2021, Jannet Yellen, the U.S. treasury secretary, summoned Jerome Powell and the head of the Securities and Exchange Commission to discuss Tether and the danger it poses. Then in October 2021, the Commodity Futures Trading Commission (CFTC) filed and settled legal cases against iFinex Inc., BFXNA Inc., and BFXWW Inc. The actual text (only excerpts) from the CFTC website 1st excerpt “The Tether order finds that since its launch in 2014, Tether has represented that the tether token is a stablecoin with its value pegged to fiat currency and 100% backed by corresponding fiat assets, including U.S. dollars and euros. However, the Tether order finds that from at least June 1, 2016 to February 25, 2019, Tether misrepresented to customers and the market that Tether maintained sufficient U.S. dollar reserves to back every USDT in circulation with the “equivalent amount of corresponding fiat currency” held by Tether and “safely deposited” in Tether’s bank accounts. “ 2nd excerpt In fact Tether reserves were not “fully-backed” the majority of the time. The order further finds that Tether failed to disclose that it included unsecured receivables and non-fiat assets in its reserves, and that Tether falsely represented that it would undergo routine, professional audits to demonstrate that it maintained “100% reserves at all times” even though Tether reserves were not audited. 3rd excerpt “Tether held sufficient fiat reserves in its accounts to back USDT tether tokens in circulation for only 27.6% of the days in a 26-month sample time period from 2016 through 2018. “ Illustration 1.01 The recent disconnect in the peg between the USD and Tether is shown above. It can be observed that the panic lasted only little bit over two hours. However, slope of the decline is reminiscent of one in Luna. Illustration 1.02 The weekly chart of the crypto total market cap shows a substantial decline since the beginning of the downtrend in November 2021. The orange line shows BTCUSD, a positive correlation between market-cap and BTCUSD. Bitcoin has the highest dominance in the cryptocurrency market; therefore, it has the most significant impact on the crypto total market cap's movement. A strong positive correlation can also be observed between Bitcoin and the tech industry; the light blue line in the lower graph shows Nasdaq 100 CFD. Illustration 1.03 The picture above shows the massive drop in Luna stablecoin. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This idea is not intended to encourage any buying or selling of any particular securities; it is merely an opinion. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BINANCEUS:USDTUSD
by Tradersweekly
24
Bitcoin and cryptos - time to bail? too late? safe haven?This custom chart that I post periodically continues to have excellent TA. Right now it's reflecting the volatility from recent crypto events, and less obviously but more importantly, that gold has bottomed. The spike upwards is showing us where things are headed - bullish for precious metals compared to cryptos. BTC *may* have found it's bottom (for now, though I see it headed lower still in 2023), regardless gold and especially silver will be bringing this ratio much much higher in the coming weeks, months, and years. So if you really want to maximize your crypto gains (this is not financial advice), it might be prudent (and for some, counterintuitive) to pull out of crypto (no, it's not "too late") and dip in to something that CANNOT go to zero: precious metals. But how you ask? There is a platform that does this reliably that I have done my own due diligence around (please do your own DD too), however trading view does not like me to tell you about it here. (Maybe check the comments ;) Good luck out there everyone!
TVC:GOLDLong
by greenvention
1
The world’s biggest stablecoin has dropped below its $1 peg.Tether's USDT Stablecoin Slips From $1 Peg. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
COINBASE:USDTUSD
by CryptoTrend-Alerts
USDT.D 4H Analysis Tether Dominance Analysis This index has now entered the falling structure, but one thing you should note is that this index must reach the orange ranges (Supply) to continue this movement, and from these ranges, confirm the indicators or see the candlestick patterns. which will be in the process of falling. Of course, this index can confirm this movement in two supply ranges of 7.20%-7.40% with price action patterns such as head and top or double top. Otherwise, the correction of this index will mean the end of the falling process and the beginning of a new upward cycle for that domain. So, for now, you should wait for the reaction of this index to the orange supply ranges in the 4-hour time frame.
CRYPTOCAP:USDT.DLong
by Trader_Needs
1
USDT Dominance on Track. More Blood Ahead??Hope you followed, The market is a little red today. Expecting more blood in the next few Days. Opportunistic times are ahead so there's nothing to panic tbh. The horizontal support has been respected by the index. My plan is to accumulate BTC and some altcoins on spot. For leverage, I will wait for the reversal in LTF. I will keep you posted. Also, I will post some altcoins that I am thinking of accumulating in the first 2 weeks of November. So follow me if you haven't yet. Stay tuned Do hit the link button if you like these short updates. Thank you #PEACE
CRYPTOCAP:USDT.DLong
by Cryptorphic
6
#USDT Dominance, Bounce Ahead. BE CAREFUL!!Welcome to this important update on Tether Dominance! Reasons to Follow me? *10 Years in Trading! *8 years in Crypto (Full Time Trader) *Certified Technical Analyst *Record Holder of Most liked Bitcoin Chart on Tradingview. *Consistent updates on Markets and Trade Setups *No Bias, Long Term Premium Updates for possible BTC Top and Bottom. *All-time Top Author on various assets and index charts globally. *Very Active Community during both bull and Bear Markets Let's get to the chart! Tether has been following our plans perfect for the last few months. Keeping an eye on this chart keeps you one step ahead of others. As you can observe in this chart, Dominance has reached a mid-term demand zone where we can expect a little bounce. This will result in some profit-taking by the leverage traders. The time perfectly matches with FOMC Dates beginning this week. It will be volatile, this bounce will give us some good opportunities to position ourselves in BTC and Alts. MY PLAN:- The plan is to avoid the FOMO and enter in the red market, possibly Tuesday and Wednesday. I will post more trade setups in the next few days SO FOLLOW ME IF YOU HAVEN'T YET! Disclaimer:- This is not financial advice Do your own research. If you like this chart, hit the like button and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:USDT.DLong
by Cryptorphic
9
BTC Short ScalpNew Free Scalp Signal ====================                               #BTC/USDT                  Exchanges :Binance & Kucoin Futures             SELL LIMIT        Leverage : 10X - 15X   Spot& Future        Entry : 20850$- 20800$        Target 1 : 20700$                           Target 2 : 20.650$                     Target 3 : 20.550$                        Stop loss: 20.950$ Analysis Method: Order Blocks+ Volume profile Risk/Reward Ratio: 6  SATAN (Desert Eagle) 10.30.2022
Short
by Trader_Needs
BITCOIN Analysis 10.25.2022#BTCUSD (BTC)  Time Frame : 6H (Update)  ENGLISH : Exactly according to the analysis of the previous week, Bitcoin has been felt to $18,670! (the important Demand Zone that was mentioned before) after that, it was accompanied by demand pressure and managed to grow up to $19,690! As you can see, this was an important supply range that I mentioned last week (related analysis) ! (The overall view is still bearish). The demand ranges will be $18,470 and $17,700 respectively! Analysis Method: ICT+ Supply&Demand  SATAN  10.25.2022  (DYOR)
COINBASE:BTCUSDShort
by Trader_Needs
2