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USDTRY

USDT MOON- Do you know what happens when something push too much ? it reverses and goes down. - Sir Fibonacci said one day : " When u launch a coin to the sky, it takes speed, then it stops, then it goes down more fast than it went up " - if USDT grab more Dominance on Cryptos Markets, it would mean we are rolling back in the "Old Financial system" i hope everyone understand that. - That's not gonna happens. - i won't comments much on this analysis, but it speaks by itself. ( everything is in the graphic ) - i won't also speak about what happened recently to UST in Luna Ecosystem because it's sad for the peoples. - Stay in BTC and pray TheKing. Happy Tr4ding !
CRYPTOCAP:USDT.DShort
by thecryer
12
When Do Breaking ATMs Signal More Than Just Technical Failure?In a fascinating twist of economic irony, Turkey's banking system faces a crisis not from a shortage of money, but from an overwhelming abundance of near-worthless banknotes. This peculiar situation, where ATMs physically break down from dispensing too many low-value bills, serves as a powerful metaphor for the broader economic challenges facing emerging markets in an era of hyperinflation. The numbers tell an extraordinary tale: a 700% currency depreciation since 2018, 80% of circulating notes being the highest denomination available, and a stark disparity between official inflation rates of 49% and independent estimates of 89%. Yet perhaps most intriguing is the government's reluctance to print larger denominations – a psychological barrier rooted in the traumatic memory of million-lira notes from the 1990s. This resistance to adaptation, despite the obvious operational strain on the banking system, raises profound questions about the role of political psychology in economic policy-making. What emerges is a complex narrative about the intersection of technological capacity, monetary policy, and human psychology. As Turkish banks spend entire days counting money for simple transactions and regulators continuously delay implementing hyperinflationary accounting standards, we witness a unique case study of how modern financial systems can be overwhelmed not by sophisticated cyber threats or market crashes, but by the sheer physical weight of devalued currency. This situation challenges our traditional understanding of banking crises and forces us to reconsider the practical limits of monetary policy in an increasingly digital age.
Long
by signalmastermind
2
USDTRY Approaching the top of the Channel Up.The USDTRY pair has been trading within a 6-month Channel Up and the price is now very close to the pattern's top (Higher Highs trend-line). Technically this is were a rejection should take place to reset the market at the pattern's bottom (Higher Lows trend-line), below the 1D MA50 (blue trend-line). Our Target is 33.4000, which is just above the 0.5 Fibonacci retracement level, where the last correction bottomed. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Shift in Carry Trades: Hedge Funds Embrace USDTRYA Shift in Carry Trades: Hedge Funds Embrace the US Dollar The once-dominant Japanese yen has historically been the preferred currency for carry trade strategies, where investors borrow low-interest-rate currencies to invest in higher-yielding ones. However, a significant shift is underway, as hedge funds increasingly turn to the US dollar as their borrowing currency. This strategic change is driven by a confluence of factors, including the US Federal Reserve's monetary policy stance, the weakening Japanese yen, and the allure of emerging-market currencies. The Allure of Emerging-Market Currencies Emerging-market currencies have long been a focal point for carry trade strategies, offering the potential for substantial returns. The relatively high interest rates in these economies, coupled with their often-growing economies, make them attractive investment destinations. However, the choice of borrowing currency plays a crucial role in determining the overall risk-reward profile of such trades. The Yen's Diminishing Appeal The Japanese yen has traditionally been a popular choice for carry trades due to its historically low interest rates. However, a combination of factors has eroded its appeal in recent years. The Bank of Japan's ultra-loose monetary policy, aimed at stimulating the economy, has kept interest rates exceptionally low. Moreover, the yen's weakness against other major currencies has increased the risk of exchange rate losses for investors who borrow in yen. The Rise of the US Dollar The US dollar, once a less common choice for carry trades, has gained prominence as a borrowing currency. Several factors have contributed to this shift. First, the US Federal Reserve's more hawkish monetary policy, characterized by interest rate hikes and a reduction in quantitative easing, has made the dollar a relatively higher-yielding currency. Second, the dollar's strength against other major currencies has reduced the risk of exchange rate losses for investors who borrow in dollars. The Case of USDTRY One notable example of the shift towards US dollar-funded carry trades is the USDTRY pair. The Turkish lira, with its relatively high interest rates, has been a popular target for carry trade investors. However, the increasing political and economic uncertainties in Turkey have made the lira a riskier investment. By borrowing in US dollars, investors can potentially benefit from the interest rate differential while mitigating some of the risks associated with the Turkish lira. Challenges and Considerations While the US dollar-funded carry trades offer potential benefits, they are not without risks. The US Federal Reserve's future monetary policy decisions, geopolitical events, and economic fluctuations in emerging markets can all impact the profitability of these trades. Additionally, the increasing popularity of carry trade strategies can lead to market volatility and potential reversals. Conclusion The shift in carry trade strategies from the Japanese yen to the US dollar represents a significant development in the global financial markets. As emerging-market currencies continue to offer attractive investment opportunities, the choice of borrowing currency will remain a critical consideration for hedge funds and other investors seeking to capitalize on these trends. While the US dollar has gained prominence, the potential risks and challenges associated with carry trades should be carefully evaluated before making investment decisions.
Long
by bryandowningqln
USDT Dominance (USDT.D) Short Update. USDT dominance is currently trading within a symmetrical triangle formation. The price has been recently rejected at the Ichimoku Cloud resistance level, leading to a slight pullback. However, the 200-day moving average (200MA) remains a key support level beneath the current price, suggesting the potential for a bounce if the price reaches this area. If USDTD breaks below the 200MA, this could indicate a decline in dominance, which may lead to an upward movement in the broader cryptocurrency market. Traders should keep a close eye on these technical levels to anticipate a possible breakout or breakdown, which could provide insight into the next significant market move. Stay vigilant and adjust your strategies according to these key technical indicators. Remember: This is not financial advice. Stay tuned to us for further updates and analysis. Thank you!
CRYPTOCAP:USDT.D
by CryptoSanders9563
USDTRY Inflationary uptrend still intact but buy on the right leThe USDTRY pair has almost doubled since our last buy signal (October 27 2022, see chart below): This pair remains one of the most efficient long-term trades long-term as its inflationary uptrend remains intact. We won't turn buyers again however before a 1W MA50 (blue trend-line) test or a neutral 1W RSI (less than 50.00). Our next Target is 40.0000 (again on the 10-year Higher Highs trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
Correction is approachingI see that there is a pattern forming that indicates the beginning of the expected correction of the Turkish lira against the US dollar. Please note that this chart is on a monthly frame. It will take a medium period to be implemented. From my point of view, according to this analysis and data, there will be a small rise near the area of 32 to 34 Turkish liras per dollar, and from there a large three-wave correction will begin and extend for several years to come. Then we will update the market. Good luck. *In principle, I am not a supporter of any direction, but I am only giving my point of view, which may be right or wrong. If the analysis helps you, then this is for you. If you do not like this analysis, there is no problem. Just ignore it. My goal is to spread the benefit. I am not one of the founders of the currency.
by KhaldHegazy
9
Stable TL For the Next Few Years? A quick update on the future of the Turkish Lira (TL): Interest rates will rise to the range of 30% to 35% and will remain high for the following years (possibly 2-3 years). The Turkish Central Bank will stop printing vast amounts of money, and getting loans for purchasing houses or cars will become difficult. This action will lower inflation for few years. TL will have a correction to the levels of 20-23 within a few years. After 3-4 years, the next target will be levels of 40-60. The Central Bank will continue to print money and lower the interest rates. That will trigger another inflation around 2027-2028. Targets: First target: Range of 28-29 Second target: Range of 25-28 for a few years Third target: Levels of 20 for a swift correction Last target: Levels of 40 after 2-4 years This constitutes a very long-term analysis. It is important to note that this assessment could be inaccurate; all the stated opinions are personal. The market can undergo drastic changes due to even a minor policy adjustment. Therefore, exercise caution and conduct your own research before making any decisions. Stay safe.
by MinimumWagerLvl1
5
Right, I'm calling it! 😁💥Overview I'm calling 2024 the end of Lira selling. The Details 2024 could see Turkish inflation peak🗻 The main driving force of the TRY selling has been unconventional monetary policy, erratic changes of the head of Turkey's central bank and finance ministers, and undisciplined high inflation A rate hiking cycle has been in play since May 2023 - rates hiking from 8.50% to 45.00% - and conventional monetary policy seems to have finally arrived😅 Erodgan seems more committed to tackling inflation and having central bank stability Things to consider I am not suggesting that Turkey is on the verge of a boom, though I am not ruling this out; inflation could be peaking, so the Lira may finally see strength. This will create an all-time high on the TRY charts. I suggest that the aggressive uptrend could be coming to an end, even if that means TRY pairs start ranging. The carry trade makes this an irresistible opportunity for me. I have been long TRYJPY since June 2023, which has resulted in generous daily swap payments💰
Short
by Samuel_Morton_Trader
2
#USDT Dominance signalling a Buy Signal, EXIT ALTCOINS OR WAIT?Tether Dominance Analysis: ☑️ A slight rejection is visible; historically, rejection leads to continuation, while a breakout triggers an exit from the market. ☑️ G-Trend has already triggered a buy signal, implying a shift to selling altcoins for USDT. ☑️ For confirmation, altcoins might dip a bit more. ☑️ The blue trendline and the 6% level are crucial points to observe. I exited 40% of my altcoins which had vertical moves on the 4th Jan right before the bleeding started. I have plans to buy back lower but not unless I see some confirmation! Do hit the like button if you like my updates and share your views in the comment section. If you do, I will let you know when the sentiment changes! #PEACE
CRYPTOCAP:USDT.D
by Cryptorphic
4
Update USDTRYThere is strong resistance between sellers and buyers of the Turkish currency, and the monthly candle that ended there is strong support for a further decline against the dollar, but there is an indication that the rise is nearing the end and will stop soon in the shaded area above, and I believe it will become an area of resistance and strong support for the Turkish currency against the dollar, and a major correction will begin from it. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
Long
by KhaldHegazy
1
USD/TRY 1$ = 29 TL You can see my previous graph (above). There is no good development in Turkey so I think that the dollar will increase more. Under the rule of Recep Tayyip Erdogan Turkey has descended into a dictatorship. In order for Turkey's dollar rate to improve needs to be changed through elections. It also occurs when the incoming government takes democratic steps. - RTE factor (Anti democratic leader) - Kurdish (Syria) Problem and security problems - war funds - - Economic indicators - Graph indicator / Technic Analysis (StochRSI + MACD + Mov50 + TD )
Long
by keci
12
USD/TRY is to jump in 2023?For the last months, the Turkish lira has been traded near the all-time lows against USD. I think that demand for the lira would shift soon, and it would trigger a breakout of resistance of 18.7 with the first psychological price target of TRY 20 for 1 USD with consolidation near 25 in the second half of the year. In terms of technical analysis, I do not see any compelling things on the USD/TRY chart. Therefore, I decided to look at an exotic currency pair with TRY on one side. I have taken Hungarian forint or HUF. Comparing HUF with USD or EUR , we can say, it is a weak currency that has constantly lost its value for the last 20 years. However, against the weakest TRY, HUF is a king. On the TRY/HUF chart, I see an opportunity to breakout of support of HUF 18.4 for TRY until the end of the year. The first target could be 14 with the chance to drop to 10. Keeping in mind that HUF is a weak currency that is now in a temporary good shape against the world currencies, such a possible forint strengthening against the lira could happen only if the latter drop to the majors. If TRY/HUF is to be 14, and USDHUF is near its essential middle-term resistance of 380. It means USDTRY would be around 27,14. If TRY/HUF reaches 10, USDTRY would be 38. With a magical macroeconomic policy in Turkey, including jumping inflation , artificially low-interest rates in Turkey , and raising interest rates in USD, EUR, and Erdogan's elections in June (and budget spending increase), it doesn't seem impossible to me.
Long
by Nikita_Kalinin
USD/TRY: The Turkish Central Bank updates inflation expectationsThe dollar pair stabilized against the Turkish lira USD/TRY during today's trading, to trade the Turkish currency at its lowest level ever against the dollar. On the American front, the dollar rose against major currencies after the Federal Reserve's decision last week to raise interest rates, as the dollar received support after a limited decline. At the present time, investors are awaiting more economic data to try to explore the path of monetary policy that the Federal Reserve may follow during the coming period, especially after inflation began to slow down. Current expectations indicate that raising interest rates during the past month represents the peak of monetary tightening in the United States of America, as the Fed is expected to stabilize the interest rate for several months before shifting and applying a rate cut starting from the second quarter of next year.
by Evar_Mayi