The DXY index is Bearish
After a temporary increase in the last few days, the index twice tried the price range of 92.8, and after rejecting from this area, formed a double top pattern, which aims to break the uptrend channel of this index, and subsequently We expect this index to fall to the range of 90
Polkadot is still bullish
For Polkadot, a cup and handle pattern is formed in a daily time frame, which after breaking the resistance line of this pattern, moves towards higher resistances, and the final goal of this pattern is the price of $ 47.
The formation of a W pattern in a 2-hour time frame is quite obvious for Polkadot.
The resistance line of this pattern has been broken and we are currently pulling back on this resistance line and we expect this altcoin to grow up to $ 35 for a short time.
In the 4-hour timeframe, Polkadot is now on the top of a descending channel for which there are two possibilities. It will either break the channel ceiling and return to the bullish rally or fall to the new $ 23.70 floor and then rise to $ 35 after breaking the neckline by forming a W-pattern.
The #RNFRTpattern is an analytical template for # Bitcoin price routing.
This pattern (rising and falling right triangle) contains useful information that can detect the movement of bitcoin.
Accordingly, the fall in the price of Bitcoin in April is part of the normal trend of the market and Bolan is not over.
#BTC
Based on this chart pattern, I believe that the bull run is not over yet and the price of Bitcoin will reach the range of 100k before this year.
I also have a 300K price forecast for 2025.
