BTCUSDT vs DXY - Pro Bitters or Dolly?
Mis à jour
DXY touching a Monthly resistance in a Rising Wedge. Bitters Weekly support in a Pennant. Bitters also in a Falling Wedge. Bias bitters (BTCUSDT) to the upside. BTC Weekly also local CC 0.618.
DXY close above Weekly 104.650 will be a Game Changer. Possibly, probably push BTC down a notch. Will be looking at the pwLow approx. 23,415 .. Monthly 23, 300.
DXY close above Weekly 104.650 will be a Game Changer. Possibly, probably push BTC down a notch. Will be looking at the pwLow approx. 23,415 .. Monthly 23, 300.
Note
Can the CC and Weekly save the day for BTC? Rejected of a daily at 23,840. Levels so well respected! Another 0.618 above the daily for more confluence to the upsdie.Note
DXY and 0.618 crosses a nice monthly level of support. Plot thickens. 104.560. Coincidentally is a trend line support, green. For what some may deem a fake out. Its a monthly support level for the DXY. Losing it will be resistance however, it is a support. Losing this monthly is another monthly, at 104, 520. Monthly/Weekly support and resistance levels Purple/Yellow.Note
BTC 0.618 and daily at 23,840 (pump it). Fib from 23 Feb 19:00 low to 23 Feb 21:00 high.Note
1st Target to the upside, 24,050.Note
Ultimate target weekly at 24,300. 24,589 from where that Fib was drawn is a 0.618 fib. Coincidentally. Its a daily close (not sure what day that was).. but there is a daily there at approx 24,600, as well as an nPoc. Big resistance level, possibly massive 21,400. Breaking 24,100 could see the price break out early from the Falling Wedge, Given the index price of the DXY. I cant see this an unrealistic target. 23,600 a big level to lose in my opinion. Below 2 weekly levels at approx. 23,700 ish. Last level of support to the downside for me will be daily at 23,490. Play it accordingly.
Note
23,950 daily. 0.382 is a 0.618 somewhere .. pmVah 23,925. See you later!Note
24,075 next big resistance level after this. Support vWap and daily at 23,950. Reminder. 0.382 can also be a bullish fib, flipped is 0.618. Play the levels. Key levels to be careful of losing, I think are 23,860Note
23,850 fib on many levels. Last chance, to trade fib for upside. Trade with caution and risk management! Good level in my opinion.Note
What the heck just happened to the dollar?Opened below 104, 560! Below its Fib 0.618!Note
Found support at 104.520 monthly! Weekly at 104.504Note
Next support at 104.465! No reaction of BTC yet. Interesting!Note
Dollar 104.465 a fib 0.618. Interesting. Next level down 104.323. Weekly support DXY. Note: Need to write a bot!Note
DXY 104.325, bitters 24,079Note
Bitters just flipped nPoc 24,075 to support from resistance on 5 minute candle. Daily support 24,100. Dollar or BTC? I dont know. Weekly BTC 23,750 my wall for now. Mid 24,600, top 25,300, hard stop on 23,500 ideally retest failure. I would like to see based on technical s, 25,650. Snoozy time now. :)Note
One more thing. (Inspector Columbo). Trend line and vWap support at 24,000. :)Note
0.382 resistance coming in strong against Dolly! :)Note
In my opinion a 4 hour close above 24,100. game over. Trend based Fib from 13 Feb 17:00 low to 16 Feb 17:00 back down to higher low 14 Feb 13:00. Fib extension 0.618 at 24 Feb 01:00. now at 23,936 with weekly support below at 23,780 which is a 0.382 fib on an uptrend. Instant buy! 0.382 we havent broken yet. Fib from same low to top of the range. Bull flag of note! I dont care about the dollar index.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.