JimParis

USDD TRONX stable | Decentralised coin USD, possible?

Short
POLONIEX:USDDUSDT   USDD / Tether USD
Hello all,

First of all, neither I am a crypto expert nor a fundamental researcher, my analysis is based on technical charts and price actions.
Secondly, the USDD Tronx slips its peg to USD $$$ for a week, which means that the price action is now in motion. ( Newtons 1st rule, when an object is in motion, it will continue in motion ... !!!)
Thirdly, so far the price actions show the weak signal of reversal + monthly candle in BTC will close soon in the next 10 days. My probability is that we might see some further downside of USDD as well as TRONX price (70% it will happen), however, is it as damaged as Moon 1 or 2? Please leave your comment below.

Structure:
PA must close as soon as possible during this month of June above the R2 and R1 with at least a "3D candle" green body above the R2 line in order to "short squeeze".
If not, well Less is more, the chart would tell you all that you might see in the next couple of days.

Cheers and please consider staying on the safe side.

Thank you for your sharing and comments.

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