DXY dollar index on 1M time frame looking from TA very bullish. we broke out falling wedge and form consolidation what is usualy bullish signal.
The price on 1D chart we go over previous high that is first bullisg signal but for now strugel at support:
1D chart:
Bearish scenario -- good for crypto
bullish scenario --bad for crypto
we need to wait what the price will develop.
The price on 1D chart we go over previous high that is first bullisg signal but for now strugel at support:
1D chart:
Bearish scenario -- good for crypto
bullish scenario --bad for crypto
we need to wait what the price will develop.
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sory original picture is mess. i deleted LTF coments to beter see 1M picture
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for now its looking like consolidation of DXY index.
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Now DXY showing weekness. we are making LL and LH. for now we are in down trend.