Let's revisit the weekly timeframe for the U.S. Dollar Index (DXY).
When DXY goes down, everything Crypto (Bitcoin + Altcoins) goes up!
We can see a very strong bearish bias in this chart, how?
✔️ This week prices are trading below the 0.5 Fib. retracement level as well as below EMA100...
These signals are super strong on this timeframe.
✔️ The RSI continues diving lower and lower, already weak.
If you look at the monthly chart, this same analysis is confirmed:
💾 U.S. Dollar Index Bearish Monthly Chart
This is confirmation. A bullish signal for Bitcoin and the Altcoins.
Thanks a lot for your continued support.
Namaste.
When DXY goes down, everything Crypto (Bitcoin + Altcoins) goes up!
We can see a very strong bearish bias in this chart, how?
✔️ This week prices are trading below the 0.5 Fib. retracement level as well as below EMA100...
These signals are super strong on this timeframe.
✔️ The RSI continues diving lower and lower, already weak.
If you look at the monthly chart, this same analysis is confirmed:
💾 U.S. Dollar Index Bearish Monthly Chart
This is confirmation. A bullish signal for Bitcoin and the Altcoins.
Thanks a lot for your continued support.
Namaste.
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XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.