It's Strongly Rejecting The Resistance (4.90% - 5.23% ).... BreakOut Will Lead Crypto Market To Bleed BreakDown Will Turn Crypto Market Into Bullish USDT Dominance Works Opposite To Crypto Market Let’s Wait And Watch Which Side Will Be Played Out!
Bitcoin's price chart – a rollercoaster of highs and lows. The Dollar Index, on the other hand, measures the USD's strength against other major currencies. The interesting twist? Their paths can intersect. 🛡️ Inverse Relationship: Reverse correlation is like a dance of opposites. When the Dollar Index rises, the purchasing power of the USD strengthens, which...
On the top chart, price has cleared through support that has been holding for some weeks now for the US dollar. Current trend is making lower lows & highs as well. I am looking for the DXY to form a lower high & retest broken support as new resistance, where I will be looking for price to resume the downtrend for a new potential lower low. Vise versa with...
USDCHF & GBP/USD tend to move in the opposite direction so we'd be looking to short.
This is only one coin which i can found, that have 95% negative correlation with BTC. All life of this coin is down trend, with huge spikes. No matter how you gonna move chart or zoom in or out, there strength mirror.