Crypto AltLex
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๐Ÿ‘‰Futures Signals
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READY FOR SIGNAL ?
๐™…๐™ช๐™จ๐™ฉ ๐™™๐™ค๐™ฃโ€™๐™ฉ ๐™ฌ๐™ค๐™ง๐™ง๐™ฎ ๐™–๐™—๐™ค๐™ช๐™ฉ ๐™ฎ๐™ค๐™ช๐™ง ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ข๐™š๐™ฃ๐™ฉ๐™จ  

๐™…๐™ช๐™จ๐™ฉ ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ ๐™–๐™ฃ๐™™ ๐™ก๐™š๐™–๐™ซ๐™š ๐™ง๐™š๐™จ๐™ฉ ๐™ค๐™ฃ ๐™ข๐™š ๐Ÿ’ต๐Ÿ’ต
Binance Futures, ByBit USDT
#BNB/USDT All entry targets achieved
Average Entry Price: 308.05 ๐Ÿ’ต
Binance Futures, ByBit USDT
#OMG/USDT Entry target 1 โœ…
Average Entry Price: 1.528 ๐Ÿ’ต
Binance Futures, ByBit USDT
#OMG/USDT All entry targets achieved
Average Entry Price: 1.526 ๐Ÿ’ต
Binance Futures, ByBit USDT
#GRT/USDT Entry target 1 โœ…
Average Entry Price: 0.16330 ๐Ÿ’ต
Binance Futures, ByBit USDT
#GRT/USDT All entry targets achieved
Average Entry Price: 0.16260 ๐Ÿ’ต
KLAY LONG (BUY)

โ™ปLeverage : Cross 20X

Entry : 0.1933 - 0.1864

Take Profit:

1) 0.1947
2) 0.1995
3) 0.2041
4) 0.2086
5) 0.2125

โญ•Stoploss : 0.1798
KLAY LONG (BUY)

โ™ปLeverage : Cross 20X

Entry : 0.1933 - 0.1864

Take Profit:

1) 0.1947
2) 0.1995
3) 0.2041
4) 0.2086
5) 0.2125

โญ•Stoploss : 0.1798
๐Ÿ’ธDXY correlation with BTC๐Ÿ’Ž:

BTC inverse correlation with the U.S. dollar index (DXY) says it all. Recently, DXY has been losing ground, pulling back from a September 2022 high at 114 to the current 101. As is custom, as DXY pulled back, BTC price amped up.

Taking a look at DXY this week, one will note that DXY rebounded off its Jan. 30 low at 101 and reached a 5 week high near 104. Like clockwork, BTC topped out at $24,200 and began to rollover as DXY surged.

How DXY fares after retesting the 50-, 100-, and 200-day MAs in the weeks to come will provide us much insight into the marketโ€™s next moveโ€ฆIf it breaks through and holds above its 200-day MA (currently at ~106.45), asset markets will indeed become bearish again, and we could expect

Novemberโ€™s lows to be threatened. However, should this DXY back-test fail, either now (at the 50-day) or later, we can take it as confirmation that we have entered into a new macro environment. One where the strong dollar that terrorized us in 2022 is now a neutered beast.