I've been tracking the $DXY for about 3 months now and its clear that is breaking the trend. The DXY was following a similar trend to the 2017-2018 year but a recently broken its shift to the downside. I believe there will be some type of bounce soon, but for now it looks bad.
two options, bull market still going
who knows. bull market not over.
Try flipping the screen to get a new perspective than the normal way. It will help you find more details than you could before, as well as it pushes back on any biases you may have. This is BTC on the inverted chart. Obviously we are in a bullrun and I'm still personally bullish, but we are in a longer downtrend than many expected. Flipping the chart and it...
BTC dominance is dropping like a heavy rock. Retail and institutions already know about bitcoin, but they are starting to learn the alt coins too. I expect a nice bounce off the 50% line and then continue downwards till 40% ALTSZN
Its looking ugly for the dollar, which makes everything else look good
posted an idea from April 6th and knew this project had serious bullish fundamentals. Stacking my $SOL and other FTX tokens
ETH reclaimed the Mid-line --> Next stop $3000
Expect massive volatility from here on out
Moral of the story, if you have a good entry and have conviction behind it - LET IT RUN. Too many time have I cut a trade short because of some bogus news, not sitting on my hand, or just not having enough conviction. If your confident and the price starts running, put your stop loss in profits. That way if the worst happens at least you made some profits. I...
DXY could hold the 200 EMA and now breaking down from the 20EMA on the Daily Good news for assets and commodities, bad for people's money
If we break the monthly open I except a slight dump and then big pump