MacdAs our only indicator works fine with this currency says time to fly. This is no investment recommendation
ShortPossible scenario with double top
Idea was created for education & entertainment and this is not a trading advice.
Turkey Stable Coin Premiummarket scenario often arising due to local economic conditions, regulations, and demand-supply dynamics specific to Turkey. Here's a detailed description of this scenario:
1. Understanding USDT (Tether)
Definition: USDT is a stablecoin, typically pegged to the US Dollar, implying that it ideally ma
Sensitive areaAs we can see in the chart, the probabilities are listed.
Weekly close area and on the other hand weakness in the process
USDTTRYLETS SEE
After the failure of the descending channel, we enter the pullback, but if it is fake, we enter the shorts after seeing the evidence.
Possible move for Turkish Lira My forecast for USDT - TRY For the next hours:
Strong move to 14 level,
followed by retracement to 13 level,
then upward continuation to 15.5 level before any move to the downside.
USDTTRY is seems to be BullishUSDTRY pair is going to be bullish because its moving average of 10 crosses up the moving average of 20. It's a good time to buy and book the profit and exit the market on 25% profit
usd/tryThe usd/try parity has also experienced a great decrease in the past days and has gone down to 11 levels, now it is in a strong upward trend, if it sees its old levels again, it will complete the bowl formation and will be able to advance the target by 25.
try forcast long-termi think Turkish lira in coming down again
all goverement can be force anything in future
its not financial advice just idea from chart
Dolar TlDolar s upline in the tren line. This s chanel low and up throuht to general tren line but also broken up to trendline chanel. we will expect to fib revise
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Displays a symbol's price movements over previous years to identify recurring trends.