Hello.
I sometimes wonder why the same indicators for BTC/USD and BTC/USDT charts may not match at critical points?
I use EMA crossing even on weeks, and when checked by other factors it works (although usually SMAs are recommended for weeks).
But I suggest you ponder together why trading to the real dollar has already resulted in a bad EMA50/200 cross on the weekly Bitstamp chart, while trading to USDT has relative to the USD chart still a margin of safety.
But visually it appears that in the case of BTC/USDT price is being pressured by the cross. And on the right-hand chart, price simply cannot overcome EMA200 line.
Visually, it will take another 1-1.5 months to get a cross on the Binance chart...
And on Bitstamp this cross exists for almost a month already…
So the questions are.
1. Why is it so, if 1 USD = 1 USDT?
2. Does the significantly longer trading history of Bitstamp play a role?
3. Does the level of literacy and motivation of traders play a role (Bitstamp is quite strict when it comes to ID processing, many don't want to mess with it)?
4. Your more convincing explanation of this difference.
I sometimes wonder why the same indicators for BTC/USD and BTC/USDT charts may not match at critical points?
I use EMA crossing even on weeks, and when checked by other factors it works (although usually SMAs are recommended for weeks).
But I suggest you ponder together why trading to the real dollar has already resulted in a bad EMA50/200 cross on the weekly Bitstamp chart, while trading to USDT has relative to the USD chart still a margin of safety.
But visually it appears that in the case of BTC/USDT price is being pressured by the cross. And on the right-hand chart, price simply cannot overcome EMA200 line.
Visually, it will take another 1-1.5 months to get a cross on the Binance chart...
And on Bitstamp this cross exists for almost a month already…
So the questions are.
1. Why is it so, if 1 USD = 1 USDT?
2. Does the significantly longer trading history of Bitstamp play a role?
3. Does the level of literacy and motivation of traders play a role (Bitstamp is quite strict when it comes to ID processing, many don't want to mess with it)?
4. Your more convincing explanation of this difference.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.