banning news the natural move would be to buy usdt on other exchanges and send it to Bitfinex, which converts usdt. Stop loss just above the 9000. Target will be depending on the pull back ( how fast we are pulling back? If it falls through and stops you and still bounces and continues up its just unlucky, i do not suggest keep adjusting stops as when will it end? Is Bitfinex the only BTC:USD chart available to free users of TradingView?
Tradingview btc usdt bitfinex
This seems largely due to Bitfinex handling usdt with fixed 1:1 ratio, which is fine but are traded on other exchanges and causing discrepancies on how they're handled. If the bulls look weak on the pull back again falling through 8200 wouldn't be a surprise. So, this kind of leads people to buy usdt on both Bitfinex AND on other exchanges and somehow got into a loop to continously pressure on BTC prices. Or is it usdt? But this drives exchanges like Kraken to actually pump the price of usdt, which is weird but since this is done via trading, it is right now.04 with 4 higher than what it's supposed to be and this creates a weird situation where. Strong, bullish engulfing candle suggests some follow through i don't expect it to fail at the first orange 1 hour bearish sell zone but you never know! Strong high volume bounce just after the 4 hour bullish buy zone (swinging just below and closing above) reminded us to always leave some room with stop losses just in case we swing a bit lower, perfect example here to check orders books and look. Obviously the perfect trade set up is rare i will update with smaller time frame 1hr,15 min chart setups for short positions, as i am typing this we look to be falling from the first bearish 1 hour zone (orange bullish trades, missing the bounce. You could just keep adjusting hoping for a bounce soon and that would hoping! And what's more weird is as this move drives the price of BTC down on Bitfinex (no other exchange has this 1:1 fixed ratio people actually find it profitable to buy even more usdt on places like Kraken (or at Poloniex by selling alts the. If not, any idea how I can access a BTC:USD chart that is not based on Bitfinex data?