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USDC

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.
Long
by OliverTA
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 ------- Above you have the chart mapped with the Fib. levels. Namaste.
U
by AlanSantana
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.
BITTREX:USDTUSD
by AntiRekt
1
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.
Long
by theforexarmy
2