USD/TRY We are here interesting pointHey guys, if you guys check my profile from below link,
www.tradingview.com
You guys see I have a lot usdtry analysis and my analysis success rate is 90% on this pair because I live in turkey and I feel every single situation when our turkish lira lose value let me give example.
So right now our president want to lower interest rates but technic analysis say if we close up weekly 16.89 level dollar is begin new rally to upside carefully all this area is so imporant just watch to price actions and we decide what we do stay tune.
Usdtryshort
🔴 USDT.D - 1D (21.09.2022)🔴 USDT.D
TF: 1D
Side: Short
Pattern: Rising Wedge
SL: 8.03%
TP 1: 7.23%
TP 2: 6.92%
TP 3: 6.68%
TP 4: 6.43%
This is my idea on USDT.D over the next couple of weeks.
After so much growth, I think it will go down a bit to reset the RSIs.
This means Crypto can have a relief rally before continuing down.
#Stable Dominance giving us a hint for a green weekend!!USDT Dominance is in play.
Testing the blue EMA right now after the breakdown.Although this is a 4 hour chart but most of the people trade on leverage so keep in mind an hourly full candle close above the 6.28% followed by a confirmation candle would mean I will close my long positions manually and this chart will be invalidated.
Unlikely, but you never know. Always be prepared for the worst.
I am holding Long positions right now.
Let me know what you think. Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#USDT Dominance:- Do not #FOMO during #FOMCMake sure you have a plan before you press that buy or sell button during these confusing times.👀
If not, wait for the right time.
If you don't have one, wait for the right time.
The market favors the one who understands risk.
Even if we start pumping from here, wait for the daily close.
The whole market will only be bullish if BTC goes back above the recent low which is quite tough as of now.
I am not taking any sides but as you know most people are waiting to gamble on the upcoming move, avoid high leverage if you do not wanna lose your funds, and wait for the right time to enter trades.
Good if you are experienced.
This isn't any financial advice you are free to do whatever you like!
BTW, When is the right time?
AFTER THE NEWS!!
Stay tuned
#PEACE
Jamie Gun2Head - Selling USDTRYTrade Idea: USDTRY
Reasoning: Selling resistance, nice risk reward
Entry Level: 17.3623
Take Profit Level: 17.3012
Stop Loss: 17.3778
Risk/Reward: 3.94:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other
Jamie Gun2Head idea - Selling USDTRY???Trade Idea: Trading the range for USDTRY
Reasoning: Selling at resistance level - targeting support level
Entry Level: 17.2892
Take Profit Level: 17.1847
Stop Loss: 17.3214
Risk/Reward: 3.25:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
#Stable rejected as per last chart but will this Rally continue?Dominance got rejected from the resistance zone as speculated in our last update.
We needed a close below 5.90% in LTFS to see a rally across the market. You can already see that happening right now.
Few altcoins have pumped almost 100%+ in a couple of days.
I expect this rally to continue for the next 2 to 3 weeks followed by another correction which will eventually give us a double TOP in USDT Chart.
This will wipe out all the gains made in this short term rally AND WHEN IT'S ALL GONE there will be a continuation in uptrend for few more weeks.
Let me know what you think in the comments section and do hit the like button if you like it.
Thank you
#PEACE
#STABLE DOMINANCE HITTING THE RESISTANCE! Whats's next?Certainly hitting the resistance.
BTC needs to get above $32k . In case that doesn't happen, USDT Dominance is pointing towards lower levels in BTC.
So it's important to be careful here and staying in Stables is better than buying anything right now.
ALTS I won't touch right now and rather wait for confirmations.
Break and close above that orange trendline could lead to the real capitulation in throughout the crypto market.
Eventually a low lower than $26700, $20k to $21k? Well looking at the current situation that could happen.
So Let's watch closely that orange line.
Higher possibility:- Since, we have seen false breakouts in USDT Dominance since very long and it's already up 192%+ since the last 6 months, there's a possibility we can see a correction in this chart.
This will lead to the continuation in uptrend for BTC and altcoins. Key level is $38k in BTC.
These are my own observations and are not meant to be taken as financial advice.
Let me know your thoughts.
Thank you
#PEACE
#USDT Dominance! Potential Rally FOR THE NEXT 3 WEEKS?Dominance got rejected again from the 100 days resistance on this 12-hour chart.
The market is likely to pump FOR THE NEXT 3 WEEKS.
Invalidation would be a close above 4.93%, unlikely IMO.
Let me know your thoughts.
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#USDT Dominance is at resistance...But Don't buy now...Welcome to this short update on USDT Dominance.
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Let's get to the chart!
USDT Dominance broke below the Ascending triangular pattern.
The current PA looks like a retest to me.
A rejection is likely around the 4.34% level.
Also hitting the upper BB line.
Rejection around the 4.34% level will be the best time to load ALTS on spot IMO.
Invalidation:-
Any break and close inside the channel will invalidate this chart.
To be precise, closing above and maintaining the 4.34%+ level would ruin this rally.
Let me know what you think in the comment section.
If you find it helpful, do not forget to hit the like button.
Thank you
#PEACE
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTUSANDERSWelcome to this USDT.DOMINANCE analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to USDT.D 4 hour update by CRYPTOSANDERS.
If you have gone through with our yesterday's usdt.d 3-day chart then you will remember in that chart we mentioned that usdt.d is looking bearish in long term.
In the current scenario, in 4hr chart, it broke the lower trend line and we are expecting a retest and downfall from this level in upcoming days.
We should wait for the retest which will be the zone for to go long on ALTCOINS in usdt pair.
If it moves back inside the triangle pattern then our this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
USDT.DOMINANCE 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick USDT.D analysis.
I have tried my best to bring the best possible outcome in this chart.
USDT.Dominance right now looks like it may even fall to 200 EMA so here may be USDT pair coin pump
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
THANK YOU...
💡Don't miss the great sell opportunity in USDTRYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 13.3034
TP2= @ 13.1461
TP3= @ 13.0009
TP4= @ 12.8630
TP5= @ 12.6840
SL: Break Above R2
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💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
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💡Don't miss the great sell opportunity in USDTRYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (13.4582).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. USDTRY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 42.
Take Profits:
TP1= @ 13.3034
TP2= @ 13.1461
TP3= @ 13.0009
TP4= @ 12.8630
TP5= @ 12.6840
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
USDT dominanceNot a financial advice
We are extremely overbought on 1D timeframe per RSI
If you hindsight USDT dominance and compare with BTC and ALTs price, you will notice that there might be a potential bounce/reversal soon
Additionally, Greed and Fear index is currently at 13 point - extreme fear and now ask yourself, few months ago BTC was around 50k and so many inverstors were willing to buy, what has changed, rather than it is under a huge discount now? Pehaps it makes sense to dollar cost average?
Btcusdt cup n handle formed is on Retest going to make lower LowBtcusdt formed a inverse cup n handle it is on Retest and going to make new lower Low
other hand same time frame USDT dominence made a cup and handle also retest
usdt dominence ll make new higher high soon
Again becare full
tight your Stop loss
not a financial advice