Solana Trade Signal (102% Potential Profits)We see prices moving above EMA10 and EMA21 after a new low.
We also see high volume coming in.
We see the Altcoins market starting to go green.
Bitcoin is still consolidating but also coming out of a low.
This is not financial advice.
Remember, there is always risk involved.
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SOLUSDT
ENTRY: $37 - $41
TP1: $46
TP2: $59
TP3: $68
TP4: $79
STOP: Close daily below $33
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Enjoy the trade.
Namaste.
Tether
Tether Dominance Bearish Continuation (Multiple Timeframes)As long as Tether Dominance index (USDT.D) continues beairsh, we continue safe.
We can see it dropping since 18-June.
Trading below EMA50, USDT.D is aiming lower and the next target is set at EMA300 or 6.49%.
The indicators are going full bearish as well on the 4H timeframe.
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When we look at the daily timeframe, everything becomes clearer.
The MACD is showing a full bearish cross in the making:
The RSI is showing bearish divergence after the last peak produced a lower high compared to a new All-Time High on the USDT.D chart.
We can also appreciate a full candle close below EMA10 daily, this signal confirms only when today's candle closes if it closes below 7.86%.
These are all bearish signals...
So far now, all I can say is that PATIENCE IS KEY!
Namaste.
BORING - WTF MateTethers blowing chunks everywhere, could it be?
Nah, it'll be fine, BTD.
Tether charts are VERY CLEAR indications...
A sh_tstorm is approaching.
Pretend, defend, and extend your thesis for this
Junk all ya want.
You will be made a fool.
This chart, like the majority of em... looks
as if Eron rammed a Tunnel bore straight into
your giggy, and raided your piggy.
Ouch.
ps. TeslaBot doesn't have a giggy.
FTX Token Bullish Divergence (55%+ Mapped)We have a very strong bullish divergence with the MACD and RSI on the FTTUSDT chart.
Notice the recent descending channel on FTTUSDT.
Here is the MACD, ascending channel:
Here is the RSI:
And Dogecoin (DOGEUSDT) went ahead and started moving right away.
You can check also Cardano (ADAUSD), Comos (ATOMUSDT), Bitcoin (BTCUSD) & more by visiting my profile.
www.tradingview.com
Namaste.
Dogecoin Long Trade PendingI am considering a trade for Dogecoin (DOGEUSDT) but waiting for a better entry...
I believe based on the signals that a higher low will be printed followed by bullish action.
I will wait a bit longer until the chart signals are stronger/clearer, but the black arrow marks the general view of what I am seeing.
The low can be lower, it can take longer or shorter or it can take off right away but, I am just trying to share with you my general view.
We will see how it goes.
We put it on the watch list and we will hit it with 8X or 10X if the chart setup and signals tells us to do so.
Thank you for reading and again...
Thanks a lot for your amazing and continued support...
I Love It!
Namaste.
Tether Dominance | 3 Strikes & You Are Out! (Head & Shoulders) We have the 3 heads pattern on the Tether Dominance Index (USDT.D) chart.
This pattern is equivalent to the Head & Shoulders and we are all familiar with it.
It comes up at the top of a trend and signals a potential reversal.
The last candle that closed just minutes ago, marked on the chart (22 Jun '22 04:00), is very telling.
We can see a strong rejection in the form of a full bearish candle to push prices below all the main moving averages, that is EMA10, EMA21 and EMA50.
Both the MACD and RSI went from bullish to bearish, strong to weak...
And so we see a continuation of the bearish bias that we've been tracking thrgouh this index...
As USDT.D goes down, BTCUSD goes up.
Namaste.
Tether is on a very crucial level!Dogecoin has reached its falling trendline that extends from 1 June 2022 and which also intersect with the horizontal key level. This is a very crucial level as a break above it will send price to at least 0.085 and bears protecting the level will push price back to 0.05.
I will continue to monitor price on lower timeframe for possible trading opportunity.
If you find this idea helpful please be kind to leave a like. I will highly appreciate it. If you have any question feel free to ask in the comment section below.
Synthetix Long-Term (868% Potential Profits)We have an interesting one here with Synthetix (SNXUSDT) and we start right away with the potential profits...
Looking at the current price vs the All-Time High, we see a massive 868% potential for growth...
If we zoom in and look closer, we can notice the highest volume ever for this pair, SNXUSDT, signaling that the bottom is likely in and a trend reversal is due.
I will not show the chart here but you can zoom by hitting the "+" sign on the chart to see what I mean. (Focus on the volume indicator)
After activating the June 2020 support (2 years), Synthetix is preparing for bullish growth.
Namaste.
Axie Infinity | Mapping 100%+ Target + Cryptocurrency TradingWe have early signals on the Axie Infinity (AXSUSDT) chart.
We can see today's candle moving above EMA10...
We call it early because the candle needs to close above this level before a bullish signal is confirmed.
Candle closure takes place in around 7 hours from now... 00:00 UTC.
Even though AXSUSDT is hitting new lows, the daily RSI is good at 40+.
Again, it is early...
But this is a great chart setup with low risk and high potential reward.
One can always buy with a very tight stop-loss.
If the trade fails, you lose 10 to 15%.
If the trade breaks bullish, as it most frequently happens for us, the potential is 30, 50, 80 and up to 140% or more.
Low risk and high potential rewards.
It is not about getting it right.
It is about making money trading cryptocurrency.
Thanks a lot for the support.
Namaste.
Tether Dominance Index Top PatternWe have this triangle on the chart which is a "top pattern"; when you see this pattern or an inverted cup you have high probability of dealing with a top.
If prices topped, then we drop.
Just a quick update to let you know that we continue bearish on USDT.D.
The indicators are now also turning bearish, MACD and RSI.
It is likely to speed up, fast, if/when support breaks.
Namaste.
Have You Given Up?We say that the Tether Dominance Index (USDT.D) is set for a very strong drop very soon...
A new All-Time High was hit yesterday yet we continue to see signal after signal pointing to this rally being over-extended.
We looked at the weekly and daily timeframes in the past...
Let's take a closer look short-term, this is the 4H timeframe.
We have prices dropping after closing below EMA10.
We have bearish divergence with the MACD and RSI.
A bearish cross on the MACD while the indicator is strongly aiming lower...
It is only a matter of time...
We Never Give Up!
Namaste.
TETHER Dominance finally stopped ❗❓(USDT.D update) What's up GUYS and Girls !? 😉
since previous analysis, as I expected the Tether dominance index has spiked again , it has increased more than 56 % and the whole crypto market significantly dropped ,and turned red and bloody from there ,
But today as you can see , it reached the historical and dynamic resistance line again , I expect to decline from here , then subsequently the rest crypto market will tern green gradually!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Tether Dominance Continues Bullish, Hits Another Resistance... USDT.D (Tether Dominance Index) did not drop and continues higher...
But this is possible of course.
We are seeing the "last hoorah", the last jump, the peak, the top, the All-Time High... After the All-Time High comes a new low.
Bitcoin hit an All-Time High back in November 2021, it has been dropping since.
Technically the ATH was hit back in April 2021... So Bitcoin has been dropping for more than a year based on this one.
This is exactly what will happen to the Tether Dominance Index (USDT.D).
After the next peak price, it will have a long-term bear market...
Why are we interested in this?
Bitcoin's price based on BTCUSD and the USDT.D index have an inverse correlation.
The fact that this index is massively overbought and reaching new highs tells us that Bitcoin is massively oversold and hitting new lows.
Bitcoin is at the bottom, USDT.D is at the top.
This will reverse and that's our call.
Namaste.
Bitcoin (Technical) | weaker bullruns | Probability of fallingAny ascending trendline should be broken one day and usually in the third encounter from below and the weakness of the trend above the price will face a sharp decline. I do not think that Bitcoin will reach $0.01 overnight, but in the long run the chart trend after the break of $ 18,600 could be down And this new trend could indicate weaker bull runs. 18600$ is a very important point, in my opinion the validity of technical patterns in higher timeframes is very high.
Buy with stop-loss and in small steps.
Tron Hits New All-Time Low, Over 170% Growth Now Possible!Just yesterday Tron (TRXUSDT) hit a new All-Time Low.
This low hit basically at the same level as back in June 2021.
June 2021's low was set at 0.04651 and was followed by a 160% bullish wave.
June 2022's low was set at 0.04604 and we are likely to see a strong bullish wave follow.
Remember our famous saying...
Once we reach bottom, the only place left to go is up.
Tron just hit rock bottom...
It is time to WAKE UP & GROW!
Namaste.
Tether Dominance Moved Higher But Bears Are ComingSince our last analysis, Tether Dominance Index (USDT.D) has broken the last resistance and gone higher... This is a "last hoorah" based on the chart candles and signals.
We have shooting stars, Dojis and hammers all at new highs/resistance.
Seeing these candles at new high prices can signal that the top is in.
What follows after a new top is a strong correction.
The MACD is also at new highs but trending lower after a bearish cross.
Sooner or later, rather very soon... USDT.D will drop strong and inversely Bitcoin will go up.
Namaste.
7 billion Tether (USDT) redeemed as stablecoin supply decreasesFollowing the cryptocurrency market turmoil, the total supply of stablecoins has fallen quite significantly. This reportedly marks Q2 of 2022 as the first time in crypto history where the overall supply of stablecoins has decreased.
Over the past month, the total supply of all stablecoins combined declined by more than 10 billion (equally +$10 billion), even when excluding the failed TerraUSD. According to Coinmetrics, the tokens were directly redeemed by the holders through the treasuries of major issuers.
The largest stablecoin issuer Tether Inc. recorded the most redemption of all centralized stablecoins, as USDT supply dropped by approximately seven billion on Ethereum, Omni Layer Protocol, and Tron Network. The decentralized stablecoin DAI dropped by over 40%, mostly due to liquidations of debt positions.
Bitcoin Bullish Reversal Signals Coming In... Recovery Now!Bullish reversal signals are starting to come in for Bitcoin (BTCUSDT).
I'll list them below for you... Feel free to hit LIKE to get started!
We are looking at the 4H timeframe and we have 2 hammers candlesticks signaling a potential trend reversal.
We have high volume on the current active candle; The highest on a single candle since early May.
We have a bullish cross on the MACD and the histogram going green.
Bitcoin's price is set to grow.
Support is set at $20,000.
We are strong bullish above this level; bearish below.
Leave a comment if you have any questions.
Thank you for reading and for your continued support throughout the years.
Namaste.
Tether - A word of caution over Tether stablecoin safetyIn our previous posts, we warned about de-pegging of the Tether stablecoin from the U.S. dollar. The precedent was set when Luna stablecoin fell 99%, spilling to other tokens and temporarily breaking the peg between the USDT and USD. With the recent crash in the cryptocurrency market, we remain very pessimistic about its outlook.
Illustration 1.01
The picture above shows the precedent that took place on 12th May 2022. The Tether token can be seen losing almost 6% of its value against the U.S. dollar.
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. “
We raise a word of caution as to the question of stablecoin safety - in this particular case of Tether .
Illustration 1.02
The picture shows another anomaly in the price of Tether, but this one started to occur yesterday.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
USDT de-pegging ?!?!?!This volatile market is very dangerous if you are holding USDT too.
When UST, Luna`s stablecoin depegged from the USD value, USDT went down to $0.94 and then back up.
This time, with the sharp sell-off of all assets, the threat of depegging is bigger and more dangerous for Tether.
I would rather avoid USDT and BUSD for now.