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U.S. Dollar Index
Long

$DXY (american dollar) about to break resistance ~orange channel

120
-Yurlo

If DXY finds support and head towards $0.94, BTC will likely take a big hit as we've seen a reverse correlation between the american dollar and bitcoin. If SPX decreases in price it's probable that BTC will follow.

Yurlo
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americandollarBitcoin (Cryptocurrency)BTCBullish PatternsDXYFundamental AnalysisTechnical IndicatorsLONGpumpStocksTrend Analysis

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americandollarBitcoin (Cryptocurrency)BTCBullish PatternsDXYFundamental AnalysisTechnical IndicatorsLONGpumpStocksTrend Analysis
Yurlo
Also on:

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.