1st: CRYPTOCAP:BTC.D Chart we can see CRYPTOCAP:BTC.D broke resistance "48.5%" to upside & will face big resistance at "53.67%" the 210 WMA which was effective resistance at previous cycle & at "59.64%" you can't determine the exact resistance CRYPTOCAP:BTC.D will start to stop in favor of ALTs ,But we can say somewhere between the two resistances 53.67% &...
When you want to understand the markets structure you should focus on higher time frames
DXY here forming BEARISH engulfing Candle on 6m CHART Which will be effective whether you like it or not , keep in mind the stochastic RSI topping out ,
the last time DXY formed this candle was in JAN 1985 and DXY declined around 52%
DXY decline always trigger stock market...
Every bullrun start with BULLISH engulfing candle on the 6m chart stochastic RSI Bottoming out too
you can not ignore the big picture , the 6m candle going to close in 11 days .. BULLISH