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Hello everyone,
Since it's Monday morning I thought to share with all of you a 🧵 about something brutal,beautiful and life changing for everyone who is living on planet earth right now. 👇
#analysis#DXY#SP500#Bitcoin#TotalCap#EGLD
1/12 Hello everyone,
Starting with DXY who broke out of the ascending channel and confirmed the breakout on the 14th last week. After a double fakeout last week, the buyers managed to push it over the 100 mark.
#analysis#DXY#TotalCap#Bitcoin#ETH#EGLD
1/12 Hello everyone,
Starting off with DXY, although lots of people tend to say it's irrelevant for BTC/crypto's, the charts speak for themselves. As long as DXY remains strong, all crypto market will have a harder time.
#analysis#DXY#SP500#Bitcoin#ETH#EGLD
1/12 Hello everyone,
The monthly close came yesterday with a lot of volatility in the markets. After a strong rejection from the monthly resistance at 99.3, DXY retested the 97.7 macro support area.
#analysis#DXY#SP500#ETH#Bitcoin#EGLD
1/11 Hello everyone,
DXY was the liar of the macro assets in the last 2 days. After rallying from 97.7 and breaking the downtrend line, it got rejected again from the 99.3 area, showing that the market doesn't want higher prices.
#analysis#DXY#SP500#ETH#Bitcoin#EGLD
1/12 Hello everyone,
Waited longer today because DXY had a field day and tested again the highs at the 99,3 area. As in the previous cases it got rejected quite hard here but the lower timeframe bearish structure is invalid now.
#analysis#DXY#Bitcoin#EGLD#SP500
1/12 Hello everyone,
DXY bounced from the 97.7 area recently and failed to make a Low in that region. Although the macro structure is still bullish, it looks "topy" recently and every touch at the 99.3 resistance was rejected aggressively.
#analysis#DXY#Bitcoin#EGLD#SP500
1/12 Hello everyone,
Waited for the dust to settle after FED Chair Powell speech. SP500 had an intraday decline of 1.25% when J.Powell said that they will use 50bps rate hike starting May if needed.