DXY & BTCUSDT Quick Update May 12 2023
The DXY is back above the D21ema with a bullish divergence
Resistance is at 106
BTC is back below its 3D21.
Primary targets 24-22k or 0.382-0.5fib
Bulls will need to take out the M high for the trend to reverse up.
Put SL at breakeven
The DXY is back above the D21ema with a bullish divergence
Resistance is at 106
BTC is back below its 3D21.
Primary targets 24-22k or 0.382-0.5fib
Bulls will need to take out the M high for the trend to reverse up.
Put SL at breakeven
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.