Crypto Futures Trading

2022-05-15 12:44:53 #BTC Congrats to Bitcoin for convergence on the daily chart! It is possible that we caught the bottom, unless the price goes for a triple convergence...

Today is my birthday, so I am skipping this trade, because I'll be celebrating instead! Thanks for the happy birthday wishes!

https://t.me/Crypto_Futures_Trading Open / Comment

2022-05-14 13:21:02 Tether claims they were ready for this bank run

Tether CTO, Paolo Ardoino, told us last month that Tether was prepared for a bank run. Ardoino and the Tether team have run models to simulate a 2008-style financial crisis and believe that it will continue to be able to honor all redemptions even if a similar situation occurs.

Tether’s peg to the US Dollar was rocked yesterday as it fell to $0.95 on major exchanges such as Binance.US and Coinbase. The token traded below $0.995 for the longest time since March 2020 closing several four-hour candles below the 0.005 level. Currently, it has recovered to$0.993 and it looks like the peg may soon be restored. If the peg does come back then Tether.

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2022-05-13 15:29:33 #BTC Guys, I have some great news! Potentially, in 12 hours we will see a convergence on the Daily time frame, which means that we could try and enter a long! Cheers!

https://t.me/Crypto_Futures_Trading Open / Comment

2022-05-13 12:35:02 Bitcoin falls below $27K to December 2020 lows as Tether’s peg slips under $0.99

USDT is the latest stablecoin causing nervousness, while Tether insists that operations are continuing as normal.Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it exited the range in which it had traded since the start of 2021.At the time of writing, the pair circled $26,700 on Bitstamp, marking its lowest since Dec. 28, 2020.The weakness came as fallout from the Terra meltdown continued to ricochet around crypto and beyond, with rumors claiming that even professional funds were experiencing solvency issues due to losses on LUNA and TerraUSD (UST).

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2022-05-12 16:50:01 Trade over 30+ Crypto pairs 24/7 !
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2022-05-12 14:24:57 #BTC Well then, we have broken through the support and reached a new local low. But, as long as the RSI hasn't reached a new low, we still have a chance for convergence followed by the reversal of the price. So now we should still wait before opening any longs.

https://t.me/Crypto_Futures_Trading Open / Comment

2022-05-12 10:18:02 Coinbase Stock Plummets as Crypto Exchange Posts $430 Million Loss

Cryptocurrency exchange Coinbase reported $1.17 billion in revenue during the first quarter, missing analyst estimates. Shares plummeted 12% in after-hours trading. “It’s worth just addressing the elephant in the room, which is that of course the broader markets are down,” Coinbase CEO Brian Armstrong said during the company’s earnings call Tuesday.

First quarter total trading volume was $309 billion, a 44% decrease from the fourth quarter of 2021, which the exchange attributed to market conditions. The company said it’s expecting a further decline in transactions in the second quarter, but its outlook for 2022 is “largely unchanged,” in its shareholder letter Tuesday.Coinbase collected $152 million in revenue from subscription and services during the first quarter.

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PLAY Open / Comment

2022-05-11 16:49:49 #BTC The bounce is still not confirmed, convergence has yet to be activated, I think that only a daily close above $31300 will push the RSI oscillator above the 30 mark. So, before opening a #YOLOLONG, you should wait for the price to close above this level and wait for the consolidation of the daily RSI value.

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2022-05-11 09:15:04 BTC Dipped Below $30K for the First Time Since July 2021

The bears continued to pressure the crypto market in the past 24 hours and pushed bitcoin below $30,000 for the first time since mid-July. The altcoins are in no better shape, but Terra has lost the most. Following the recent drama, LUNA plummeted by 45% in the past day alone.

The gloomy market conditions only intensified in the past 24 hours. Less than a week ago, the primary cryptocurrency challenged $40,000 following the latest FOMC meeting, but to no avail.Just the opposite, the landscape changed vigorously, and BTC started losing value fast. At first, it dumped by $4,000 to a multi-week low of $36,000, but that turned out to be just the start.In the following several hours, it plummeted by more than $3,000 and fell below $30,000 for the first time since mid-July 2021. This meant that the cryptocurrency had lost $10,000 in about five days.

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