Bitcoin and DXY tend to do the opposite of each other, even if they do the same thing on lower time-frames, they eventually catch up and move in a negatively correlated manner.
Bitcoin has dipped after tapping 31k. I believe the dip will be short-lived and we should see DXY continue down into lower 101s while Bitcoin continues up into the 32k area.
DXY 4h chart:
Bitcoin has dipped after tapping 31k. I believe the dip will be short-lived and we should see DXY continue down into lower 101s while Bitcoin continues up into the 32k area.
DXY 4h chart:
Commentaire:
DXY hit my TP 1 overnight, still expecting Bitcoin to follow (in the opposite direction) soon:
Commentaire:
DXY hitting TP from above, in the perspective with Bitcoin:
Commentaire:
DXY reached my 1st target and has moved down towards TP 2, still expecting Bitcoin to follow (in the opposite direction)
Transaction en cours:
Closed the daily above our highs as DXY moved down below 100, so far a successful re-test of those highs - expect we continue up to targets