Could this be the short term sell date for cryptos?
This is a pattern analysis for USDT. It's becoming pretty clear that cryptos are loosing momentum on this scope. But following this pattern, there is a close idea where to cash cryptos out.
Combining different charts this looks like a probable spot of exit. For non-holders timeframe could fit
About patterns... remember, some of them can be bent, others can be broken.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
This is a pattern analysis for USDT. It's becoming pretty clear that cryptos are loosing momentum on this scope. But following this pattern, there is a close idea where to cash cryptos out.
Combining different charts this looks like a probable spot of exit. For non-holders timeframe could fit
About patterns... remember, some of them can be bent, others can be broken.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Find some of my resources here:
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
Institutions seem to be buying USDT in very LARGE scale. If this case could be confirmed it's a very positive sign for the Crypto market. Institutions only buy USDT in large scale when they are going to invest in crypto later.
Indexes and main coins seem generally unaffected at this point.