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Technical analysis: Tether

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blockchainfo
@blockchainfo
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Welcome, all friends of technical analysis. This TA is a special one just for Project Hope members!

In today's special technical analysis our focus will be on the most important stablecoin, USD Tether.

Technical Analysis USDT/USD

Altcoins now looks very interesting. At present, the best thing about trading is USDT, which forms a falling triangle on its 4H chart. And just after its completion should be followed by a significant price drop, which can be taken as a great buying opportunity.

In general, a good purchasing value for USDT is less than $ 0.98. After breaking the bottom of the triangle set your trading positions, but do not forget the very narrow stop-loss.

You can also set up short trade with 100x leverage on Bitmex. But, as with all other leverage trades, be very careful.

Conclusion

Especially on April 1st, look at the information on the Internet at a distance. You might be fooled by April fool's joke anytime soon 😎

This article set up 50% beneficiary payout to @ph.fund