U.S. Dollar Index (DXY) !!U.S. Dollar Index (DXY)
Long-Term Channel Support Held
The chart shows DXY moving within a rising parallel channel since around 2008.
Recent price action bounced right from the lower trendline (~98 zone), indicating strong structural support.
Bearish Pressure
DXY dropped below 100, currently around 98.72, down 1.32% this month.
Trading below the 200-month EMA, which suggests weakening long-term strength.
Bearish candlesticks forming near the lower channel indicate an increased risk of a breakdown if support fails.
Ichimoku Cloud Signal
Price below the Kumo (cloud) = bearish territory.
Cloud turning thin ahead — signaling potential indecision or transition.
What This Means for Markets
If the DXY breaks below this channel, it could trigger a broader USD sell-off, potentially bullish for cryptocurrencies, gold, and emerging markets.
If support holds, expect a rebound toward the 104–106 zone, especially if macro sentiment favors the dollar.
Stay updated and manage your risk accordingly.
DYOR | NFA
Samders
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:- BTC remains bullish and is consolidating in a symmetrical triangle on the 2H TF. MACD crossover is turning bullish
A successful breakout of the symmetrical triangle will confirm the move toward the horizontal resistance and a solid break above it will target the key resistance level of $18.5K.
If BTC breaks out of the symmetrical triangle with a retest below it, the chart will be invalid.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-
Bitcoin (BTC) started the week trading below $17,000, as market volatility remained high, following last week’s collapse of FTX.
Since FTX’s bankruptcy, the market has struggled to attempt to find support, with BTC trading near this point in today’s session.
BTC fell to a low of $15,872.94 earlier in today’s session, before rallying and reaching a high of $16,864.76.
The move away from its current support of $15,800 came as Twitter CEO Elon Musk gave his view on the token.
In a response to a tweet from Jason Calacanis, Musk tweeted, “BTC will make it, but might be a long winter.”
As can be seen from the chart above, price strength has also rebounded since this tweet, with the 14-day relative strength index (RSI) now moving higher, towards a ceiling of 39.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you