DXY maybe forming a falling wedge which is bullish Target around 103.6$ What do you think ?
it always seemed that their is a strong inversed relation between DXY and BTC DXY now reached its top and we are not sure if it will flip back or breakout and continue its way to upside ! The US Dollar Index surged more than 2% this week with a fourth consecutive weekly rally taking DXY into fresh multi-year highs still DXY is unlikely to peak yet.. ! You should...
BTC Flag Retest or Fake ?! Yesterday we all posted about a Symmetrical triangle that BTC was running in ! But on another chart layout I drawed a Bear flag ! that BTC might be testing now. I just posted this to let you be informed about this move and what is our resistance. I guess 4h close above the resistance line is enough to say that it was a shaking...
Hi Traders ! First of All if you liked the idea just leave me a thumb up for my very first idea. BTC and most of ALTcoins now running in symmetrical triangle that have an equal chance for breaking up or downside. But am leaning forward to be bullish on this triangle since - MACD indicator just flipped after yesterday DAILY candle closed - Bullish divergence...