Hey Traders!
Let's take a look at DXY index. Well with Dollar getting weaker crypto market is getting stronger but is is so / is it another fake out?
Well we see that currently DXY is showing weakness near support zone where it is on the edge to break that support zone. At the same time we see that RSI and BB are not yet outside the oversold zone which means we can go lower here but for how long?
Well we will get an answer to this most likely this week once we get the data about unemployment rates. This should decide either it will be a clean breakdown or fake out.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Let's take a look at DXY index. Well with Dollar getting weaker crypto market is getting stronger but is is so / is it another fake out?
Well we see that currently DXY is showing weakness near support zone where it is on the edge to break that support zone. At the same time we see that RSI and BB are not yet outside the oversold zone which means we can go lower here but for how long?
Well we will get an answer to this most likely this week once we get the data about unemployment rates. This should decide either it will be a clean breakdown or fake out.
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
