Cryptorphic

#DXY is giving us a hint for the upcoming move in the market.

做空
TVC:DXY   美元指数
I'll keep it short and simple.
Overextended rally in DXY adding up to bearish divergence in RSI and similar fractals are indicating a rejection at the current level.
Rising wedge channels are normally bearish in nature. A reversal candle will trigger the move and eventually, the traditional market will move along with Crypto Market.
The index must close below the red MA for the final confirmation.
Although we are at a decisive point, the patterns are indicating a potential bearish move.


Invalidation:- Break and close above the upper resistance trendline will invalidate the chart.

Let me know what you think.
Do consider hitting the like button if you like my content,

Thank you.

#PEACE

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite

相关观点

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。