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Delzeyne
Apr 7, 2023 6:36 AM

The Battle against the dollar Short

Bitcoin / EuroCoinbase

Description

Bitcoin facing the bullrun support/resistance flip while dollar is gearing up for a double bottom
For both pairs there were similar pattern in the past what you can see below

If dollar completes the target of the potential double bottom then you can probably see bitcoin making a move back to support for a potential double bottom aswell







Comment

DXY currently forming a possible eveningstarpattern on 3Day candles and lower high
While btc is just consolidating under previous bullmarket support, you know consolidation under important resistance is bullish, you want to see big rejections at important resistance to be bearish, no consolidation

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