MacdAs our only indicator works fine with this currency says time to fly. This is no investment recommendation Longby ardatufekci33917Published 0
ShortPossible scenario with double top Idea was created for education & entertainment and this is not a trading advice.Shortby SpiderwebbPublished 2
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 maintains a 1:1 value ratio with USD. Role in Trading: It's widely used in cryptocurrency trading as a digital equivalent of USD, helping traders avoid the volatility of other cryptocurrencies. 2. Economic Context in Turkey Currency Fluctuations: The Turkish Lira (TRY) has experienced significant fluctuations and devaluation in recent years. Inflation and Economic Policies: High inflation rates and certain economic policies might lead investors to seek stable or foreign assets like USDT. 3. Premium on USDT/USD Meaning of Premium: Trading USDT against USD with a premium means that USDT is valued more than its typical 1:1 peg to the USD in Turkey. Causes: Capital Controls: Government regulations on foreign exchange may limit access to USD, leading to increased demand for accessible alternatives like USDT. Market Demand: High demand for USDT from Turkish traders, especially during economic uncertainties, can drive its price above the standard peg. Liquidity Issues: Limited liquidity in local exchanges may also contribute to the premium. 4. Trading Implications Arbitrage Opportunities: Traders might exploit the price difference between global markets and Turkish exchanges, buying USDT at standard rates globally and selling at a premium in Turkey. Risk Considerations: Such trades involve risks including regulatory changes, banking restrictions, and potential market corrections. Exchange Selection: Choosing a reliable exchange that operates within Turkish regulations is crucial. 5. Regulatory Environment Government Stance: The Turkish government’s stance on cryptocurrencies and capital movement can greatly impact the USDT/USD trading scenario. Compliance: Traders must ensure compliance with local laws, including taxation and reporting requirements. 6. Impact on Investors and Economy Investor Behavior: Economic instability may lead more investors to pivot to cryptocurrencies as a hedge against inflation and currency devaluation. Long-term Effects: Such trends might influence the broader financial market in Turkey, including foreign exchange reserves and monetary policy. In summary, trading USDT/USD in Turkey with a premium is a complex activity influenced by a mix of economic factors, market demand, and regulatory conditions. It offers unique opportunities but also comes with its own set of risks and considerations, especially in a fluctuating economic landscape like Turkey's.by DieQualDesWalsPublished 0
Sensitive areaAs we can see in the chart, the probabilities are listed. Weekly close area and on the other hand weakness in the processby patriot2005iraniPublished 4
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.by patriot2005iraniPublished 220
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. Longby ZyadaChartsUpdated 0
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% profitShortby fazalcs13Published 3
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.by noob_trader35Published 111
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 Longby s.mohammad.aghighPublished 2
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 reviseby BahaUgurPublished 0
USDT/TRY 4h analysisI think it's a triangle pattern , I expect a move up to the leftmost yellow bar when triangle break up or down. We have to follow the up or down break of the triangle.by esasiyunxPublished 2
USDT / TRY analysisI think it's a triangle pattern, We have to follow the up or down break of the triangle. We must follow this pattern with fibonacci.by esasiyunxPublished 2
USDTTRY - ideas update- I haven't try onto this counter before. Seem it shown some good vibranciesLongby GlemPublished 0
Turkish lira welcoming usd to 9 to 10Chart looks clean and easy. Make your own decision Longby AliSamadiTRPublished 0
GAP BETWEEN USD/USDT PAIR ON TRYThis gap might be fulfilled pretty soon. NFA.Longby mhmtcn20Published 220
USDTTRY has started its correctionCancelled if closed above blue line. Not financial adviceShortby Dejavu_TradeXUpdated 0
Forex-second love🔥Wolves, this idea is for forex traders🔥 There is an ascending triangle on USDTRY on big frame. There was a strong bullish movement before but now the price is in a consolidation. According to Elliott Waves theory all the waves are done and now the price is heading to the breakout. Follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".by Berzerk_investUpdated 2220