📉 Wise Analyze 📈
So Dollar Index keep on following my drawing. Nearest target zone 105.4-105.7
That will be the zone capable to reject DXY back down. But no guarantees.
If things get worse we might see it above 107.6 in a couple of months.
@WiseAnalyze #DXY #ta #update
That will be the zone capable to reject DXY back down. But no guarantees.
If things get worse we might see it above 107.6 in a couple of months.
@WiseAnalyze #DXY #ta #update
📉 Wise Analyze 📈
So Dollar Index keep on following my drawing. Nearest target zone 105.4-105.7 That will be the zone capable to reject DXY back down. But no guarantees. If things get worse we might see it above 107.6 in a couple of months. @WiseAnalyze #DXY #ta #update
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📉 Wise Analyze 📈
The way Dollar Index behave now confirms short term forecast for BTC @WiseAnalyze #DXY #ta #update
Dollar index reached target level at 105.7 (which I posted two weeks ago) ✅
That was the middle of bear order block on Day TF. Decisive moment (or better to say days ahead). If rejection will be confirmed, everything will be free to fly. But if month close above that level, July will be bearish for crypto. One or another.
@WiseAnalyze #DXY #ta #update
That was the middle of bear order block on Day TF. Decisive moment (or better to say days ahead). If rejection will be confirmed, everything will be free to fly. But if month close above that level, July will be bearish for crypto. One or another.
@WiseAnalyze #DXY #ta #update
📉 Wise Analyze 📈
Dollar Index followed my drawing and now at the stage of inevitable bounce after the dump. I've added yellow line to show another possible scenario with rejection from last May week high and return back to May close at ~104.22 Today PPI at 12.30 UTC, so we…
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Dollar Index loosing bullishness. Last Friday it made lower low on Day TF. We may expect a bounce after that dip, but if it get stopped around 104.2-104.5, next move should be lower to ~102.9
That move perfectly correlates with bullish BTC, which may take a dip on that DXY bounce, making double confirming for reversal with higher low formed.
@WiseAnalyze #DXY #ta
That move perfectly correlates with bullish BTC, which may take a dip on that DXY bounce, making double confirming for reversal with higher low formed.
@WiseAnalyze #DXY #ta
📉 Wise Analyze 📈
Dollar Index loosing bullishness. Last Friday it made lower low on Day TF. We may expect a bounce after that dip, but if it get stopped around 104.2-104.5, next move should be lower to ~102.9 That move perfectly correlates with bullish BTC, which may take…
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Dollar Index closed bearish. Stock indices responded bullish (NDX even grown above August failed swing high), Gold made new ATH.
Keep all that in mind for crypto, which hugely underperformed the rest of the market recently.
@WiseAnalyze #DXY #ta
Keep all that in mind for crypto, which hugely underperformed the rest of the market recently.
@WiseAnalyze #DXY #ta
Tomorrow FOMC and Thursday Inflation Rates, so expect more volatility. Regardless of data.
Dollar Index on bearish re-test of previous triangle lower trendline. Last week it shown strong bullish performance. Respect the momentum and therefore we may expect DXY to breakout towards 2023 open at 103.4 - that will be an important level capable of stopping DXY and reverting it back down (for crypto/stocks to be bullish in Q4). But short term it can push others prices down.
@WiseAnalyze #DXY #ta
Dollar Index on bearish re-test of previous triangle lower trendline. Last week it shown strong bullish performance. Respect the momentum and therefore we may expect DXY to breakout towards 2023 open at 103.4 - that will be an important level capable of stopping DXY and reverting it back down (for crypto/stocks to be bullish in Q4). But short term it can push others prices down.
@WiseAnalyze #DXY #ta