Cryptos Up - USDT Down

Aug 28, 2021

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.

Aug 28, 2021

Note

USDT SPIKES UP

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.