On the weekly BTC printed a Doji and a Bearish engulfing candle.
On the Weekly RSI, there is a support being tested.
On the 4h there might be some bullish divergence on the RSI.
I must say that I am not a financial advisor and
therefore do what you want with this information as each trade is unique.
On the Weekly RSI, there is a support being tested.
On the 4h there might be some bullish divergence on the RSI.
I must say that I am not a financial advisor and
therefore do what you want with this information as each trade is unique.
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DXY breakout might force BTCUSD to go further down...
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DXY still moving higher.
Possible DXY bullish target before reversing
Possible DXY bullish target before reversing
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DXY daily candle might be closing with a doji...might be bullish for BTC.
Notice as well that the RSI is topping on the channel that is it is currently in.
I am of the opinion that the DXY might still go a bit higher as the daily and weekly RSI have some room.
Notice as well that the RSI is topping on the channel that is it is currently in.
I am of the opinion that the DXY might still go a bit higher as the daily and weekly RSI have some room.
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Possibility of bearish engulfing on the Daily Candle for the DXY: