Short

💾 U.S. Dollar Index Weekly Bearish (vs Bitcoin/Altcoins)

Let's revisit the weekly timeframe for the U.S. Dollar Index (DXY).

When DXY goes down, everything Crypto (Bitcoin + Altcoins) goes up!

We can see a very strong bearish bias in this chart, how?

✔️ This week prices are trading below the 0.5 Fib. retracement level as well as below EMA100...
These signals are super strong on this timeframe.

✔️ The RSI continues diving lower and lower, already weak.

If you look at the monthly chart, this same analysis is confirmed:

💾 U.S. Dollar Index Bearish Monthly Chart

💾 U.S. Dollar Index Bearish Monthly Chart

This is confirmation. A bullish signal for Bitcoin and the Altcoins.

Thanks a lot for your continued support.

Namaste.

MasterAnanda

💥💥💥 Gain LIFETIME access for a one-time-payment 👉 lamatrades.com (Since 2017)

Results:
🥇XRP +2010%
🥇ADA +2216%
🥇TOSHI +1642%
🥇AVA +536%
🥇TRUMP +300%
t.me/anandatrades/971

🏆 More: t.me/alansantana1111/5935

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.

MasterAnanda