TUSDUSDT pair as a BTC top bottom indicatorI noticed a correlation of tops and bottom in TUSDUSDT pair with that of BTC. I use a regression channel to detrend TUSDUSDT and invert the price to match tops with BTC tops and Bottoms with BTC bottoms.
Currently it gives a bottom signal which means a long entry.
Unable to hold peg = BullishTUSD is struggling to hold its 1:1 peg due to no demand, meaning the money is in the market right now which is very bullish IMO. Once there is a premium to buy back TUSD meaning you pay more than $1 its a sign of market weakness as everyone is looking for a safe haven.
Lots of people have bear mark
20% profit with low riskWe have a typical saucer reversal pattern . So I wait for TUSD pump or we can call it another USDT dump . I look at it only from technical analysis side . We have already had 2 pumps before and repeating wont be strange . Also such saucer pattern was before but it is larger so pump can be larger .
one final big dump for btcIn combination with btc graph, we can see that USDT (Tether) is losing traction at a steady upwards rate. Actually its not steady at all its all over the place, however its consistently making higher lows. looking for a big spike in combo with an increase in the BTCUSD volatility in the downward dir
TUSD/USDT: TrueUSD short-lived pump coming to an endBINANCE:TUSDUSDT
Chart shows an over-extended rally peaking to a ridiculous $1.24 for TrueUSD against Tether.
RSI on the Daily chart is still overbought at 85 with an RSI double top appearing on the 4 and 6-hour.
TD Sequential on the 4-hour showing a 9, so expect a 1-4 candle correction,
Tether bent out of shapeWho says tether is boring?
I only noticed this because I had TUSDBTC orders filling at about the equivalent of $5900 per BTC, when the BTC/USD price struck down below $7000. It was to my advantage because I was selling TUSD, but this still had me perplexed.
Turns out after bit of head-scratching t
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Displays a symbol's price movements over previous years to identify recurring trends.