the us dollar continues to be suppressed despite multiple efforts at a reversal.
usually weakness like this confirms a larger trend,
a larger trend to the downside.
---
if the us dollar sweeps the recent weekly lows,
it will most likely confirm a macro top,
a top which won't get swept for many more years to come.
---
if the us dollar sweeps the recent weekly low, it will confirm, alt season in the crypto market, and the final leg up in the traditional market.
---
that last leg up in the traditional and crypto market could look extended \ out of proportion relative to the rest of the trend preceding it.
usually weakness like this confirms a larger trend,
a larger trend to the downside.
---
if the us dollar sweeps the recent weekly lows,
it will most likely confirm a macro top,
a top which won't get swept for many more years to come.
---
if the us dollar sweeps the recent weekly low, it will confirm, alt season in the crypto market, and the final leg up in the traditional market.
---
that last leg up in the traditional and crypto market could look extended \ out of proportion relative to the rest of the trend preceding it.
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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.
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.
