Just a quick post here. I included this as a screenshot in another published chart shown below, but wanted to share this idea by itself.
NOTE -Expanded flat C wave typically stops either at the 1.618 or the 1.236:
- Logarithmic chart has corrected down to the 1.618 exactly.
- Linear chart shows us stopping near the center point between the 1.618 and 1.236, near the 1.427.
Original post:

Another note - I'm super bullish on DXY, which should be bearish for crypto and stock markets. For the above move to occur, I'd expect us to see DXY re-test the area around 103.

NOTE -Expanded flat C wave typically stops either at the 1.618 or the 1.236:
- Logarithmic chart has corrected down to the 1.618 exactly.
- Linear chart shows us stopping near the center point between the 1.618 and 1.236, near the 1.427.
Original post:

Another note - I'm super bullish on DXY, which should be bearish for crypto and stock markets. For the above move to occur, I'd expect us to see DXY re-test the area around 103.
Note
3-day chart RSI still showing a strong bull div, but hasn't yet broken out of its downtrend. Presently approaching top of downtrend, a break that gets and stays above ~55-60 would likely be sufficient and lend confluence to the idea of a reversal here. Still some questions: do we see a new price low beforehand, or was RSI low good enough? Will a reversal give us a full recovery / new ATH?
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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.