BULL RUN FROM - USDT - PART 1 => 236% PROFIT/2017Hello Followers,
There is a very interesting fact going on that could be an indicator of a Bull Run.
If history is about to repeat itself, market could be close to a big move up. Last time this move happened later on there was a huge profit of 236%. Incredible.
This is part 1, I will post later Part 2.
Very significant correlation between USDT/USD and BTC/USD.
We are posting it here because big drops on USDT started.
Check next chart.
Always good to give information to my followers.
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USDTUSD trade ideas
USDTUSD: predicting BTC bottom and next high with Tether?So I had to trade a lot of Tether for USD today...
Tether's pattern is basically a 5-point consolidation pattern (purple) followed by an S-curve dip and and peak (magenta). The dips correspond with BTC crashes in 16 July 2017 and 2 February 2018. The July 2017 point corresponds exactly with the bottom of that BTC crash. The February Tether dip is very close to the alleged February 2018 bottom. Is this an indication that we have actually reached the bottom of this dip? Maybe, so long as this USDT-BTC correspondence holds.
Next notice that the emergence of Tether from the bearish Ichimoku cloud last year occurs on the exact same day as the proceeding All Time High on 1 September 2017. Interesting for us because, if Tether continues along this pattern, we are due to emerge from the bearish cloud on 26 February this month!
Is this a new All Time High??? Or just a failed high? Or just a random coincidence?
Another question: why is cloud at this breakout point so thin! This time the bearish Ichimoku cloud is all but a slither. Why and what does this mean? In general thinness of the cloud means low volatility in the preceding period, which in turn means that the current price action is changing at a very regular pace (not surprising if the BTC rebound is being pumped by whales lol).
Three scenarios:
Breakout : YES! We break out moon big time, everyone gets lambos yeah, so happy, really
Fakeout : HAHAHA lol Tether price drops again and goes under the cloud, because naughty whales are not as clever as they think they are and we just don't have the kind of support to get us there, (because secretly we all know this crypto speculation is a massive Ponzi) and the next All Timer turns out to be a failed high.
Neither : this idea is simply wrong.
Let's see. I'm long anyway.
Beginning of the End of Tether?Tether's value is only equal to the actual US dollars they have in the bank. Does anyone really believe they have US$2.25B sitting in some bank? No auditor believes this as their latest "auditor" just denounced involvement.
Make sure to run your charts with USD and not USDT to get true value. Find a way to convert money on the sidelines to real fiat.
USDT a sleeping giant? Great profits up to 12%So I’m not a huge fan of Tether, but it's what the market thinks. USDT is constantly within the top 30 on coinmarketcap. It’s backed by Bitfinex, one of the largest exchange. Millions are put in on a weekly basis.
On top of that, Tether is the only fake coin out there in the top 100 coinmarketcap. It has a monopoly on scams. No threats, that's huge!
it’s been consolidating nicely since the first day, but I think we can expect a breakout soon.
I’m setting the buy zone at around 0.980 levels. Targets can be set to
1.02
1.0275
1.0475
1.1 (yes I’m a bit optimistic about this one, but why not! It’s the only big scam coin out there).
US Dollar Tether disbalance-BTC FACTORY SETTINGS MARKET RESETUSDT has enourmous value which means some of the prices arent sustainable, because of upcoming btc Chickago event.
I personally think that this btc price range wont be sustainable even if wales and sharks are flashing market trading on high levels betweenthemselves and creating prices which enables them to reset altcoins even if not making money on btc.
Those alt prices we saw and all those enourmous uptrends which will be corrected to previous prices and they will probably drop even more then previous values before this uptrends.
Also possible scenario is that wales n sharks are buyin' alts, artificialy increacing prices and trading, making real money there, while trying to slow btc downtrend which is inevadable.
I would not suggest buying anything else on these price levels but it will dump as prices drop.
Marketcap has over 500 billion so far and tether at this point costs 1.09$
USDT/USD * Currently moving sideways * Breakout soon ? It had to be done . Swing trading opportunity of a lifetime here . POLONIEX:USDTUSD
Man with the sauce
I have , on good council . Information that Tether will continue this on in this channel and continue to bounce between the trend lines for a while before breaking out to $1.04 , resulting in a dip down to about $0.90 .
This is also dependent on whether or not people decide to dump their Bitcoin for Tether because of Tether FUD , again .
This is crypto and anything is possible .
If you are holding Tether with the hope of it taking off . Good luck .
*Disclaimer*
* I hold no Tether . This chart was just for fun and if you believe Tether is going to the moon then I would suggest that you exit all the crypto markets .*
USDTUSD,(tether) why it is good to buy it now, target 1.Since the beginning of April we have a new coin with a surprising high volume of 69.000.000 USD daily (number 5 on coinmarketcap.com) .
(for info:https://tether.to/faqs/).
Tether Platform currencies are 100% backed by actual fiat currency assets in our reserve account. Tethers are redeemable and exchangeable pursuant to Tether Limited’s terms of service. The conversion rate is 1 tether USD₮ equals 1 USD.
Since a lot investors sit on huge unrealised cryptocurrency profits, I believe that it is a good idea, to secure initial investment in tether under current tether Prices below 1USD.
Because if a currency has 10 fold its value, it is clear that there will be a huge correction one day.
For example, if you was invested with 5000USD 3 Month ago, your depot will be at least 20000USD currently, so selling cryptocurrency for 5000 USD and buying Tether would secure your investment. You would profit from the gains of tether while being invested and probabyly profit from the price gains of tether..
My Target for tether is 1.20 USD in like 1 month..