In my previous BTC.D analysis, I've shown you scenario which I see could unfold (see here https://twitter.com/Osemka8/status/1230459159570735106).
So far it's going according to plan. BTC dominance is taking a real hit today, along with USD. DXY is dropping significantly as well. Strength of the dollar is too high and it will drop. Only a matter of time til it collapses. Last time that meant huge crypto bull run. Are you prepared? Are you stacked? This short TA is to give you an insight on what could come if the nerrative of an uper power keeps playing with world's economy. Keeping fingers crossed.
If we take a look on the chart we see we got rejected by the 0.382 Fib level since bouncing from a short collapse down tonaround Fib 0.5 from our last run up (left Fib). I'm expecting us to hit 0.382, bounce and proceed down. Also, MACD could be crossing soon. Last time that started the 14 day red streak.
All of this makes me believe we're in for a turbulent ride. Wish you good trades.
So far it's going according to plan. BTC dominance is taking a real hit today, along with USD. DXY is dropping significantly as well. Strength of the dollar is too high and it will drop. Only a matter of time til it collapses. Last time that meant huge crypto bull run. Are you prepared? Are you stacked? This short TA is to give you an insight on what could come if the nerrative of an uper power keeps playing with world's economy. Keeping fingers crossed.
If we take a look on the chart we see we got rejected by the 0.382 Fib level since bouncing from a short collapse down tonaround Fib 0.5 from our last run up (left Fib). I'm expecting us to hit 0.382, bounce and proceed down. Also, MACD could be crossing soon. Last time that started the 14 day red streak.
All of this makes me believe we're in for a turbulent ride. Wish you good trades.