DXY EXPECTED MOVES AS we all know later today we have dxy cpi news
we have nothing to do with fundamentals what we can is waiting patientaly todays closing
dxy recently breaks descending b wedge in daily tf (where lots of traders opened there positions )
they were fomo traders in my dairy lets have a look deeply in technical factors
1) dxy recently breaks descending broadening wedge in daily tf what we get from this long uptrend is over now)
2) but what we will do of bulish flag ( ideal pattern for trend continuation) a big question mark
3) personally i will wait for strong rejection from descending b wedge tl area to enter if this not happend then will wait for bulish flag pattern breakout for further shorts in gbp eur btc and others
USD-BTC
DXY - 120 incomingBig resistances are too strong of a magnet to get omitted - $120 is the previous big top - if we don't reach it out, it means it's gonna go passed it next time.
Therefore possible double retest before small relief.
Also remember we just broke a big weekly/monthly descending wedge. Dollar is going for the 160's in this bear market.
Cheers!
U.S. Dollar Currency Index (DXY). Hyperinflation Star of CajunWelcome Hyperspace Travelers,
The Quantum Codex reveals all. I am but a simple scrub swimming in a pool of knowledge.
Quantum Formation: Star X1.10.10.00.11
This is a macro Time-Series on a 4-hour timeframe.
Fractal Error Allowed: 7 days
This is a extreme probability event in parallel of a domino effect.
In my eyes at least..
Scaling of ghost fractal adheres to grid codex.
This is what a cycle of extreme hyperinflation would look like with a full scale black swan event in each asset class. Bitcoin included.
This suggest hyperinflation on a scale we have never seen before. Except; this thrusts us into the 4th industrial revolution and 10 years of incredible growth for everyone in all sectors. It is "transitory"... as the FEDs put it..
Do you see why?
Please see the following ideas to understand my perspective of such a narrative:
BTC.D ---> TP: 95.00^
\\
BTC.USD ---> TP: $1700.00
\\
SPX ---> TP: $1100.00
\\
UVXY ---> TP: $1300 - $1800 -- R/S included.
\\
EUR.USD -- GBP.USD -- GBP.JPY -- USD.CAD -- AUD.USD -- DXY// Net Weight Distribution on a Scale never before seen in Forex.
\\
_________________________________________________________
Find the Clues...
Do you see it?
Do you feel it??
Can you figure it out?
Most likely not, but hey...
Think about it..
Doubt it.
I never said I was going to make it easy.
I see what I want you to see.
This is my opinion and mine alone. But sharing is caring ;).
I am but a simple Cajun and what is presented is for Cajuns only.
All others might get hurt.
Do you believe?
Thanks for Pondering the Unknown with Me,
Glitch420
Using DXY to Predict Bitcoin 📈 Winter for the EuroHi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
If you're following multiple markets you'll e aware that the Euro trades at a 2-Decade low against the dollar, and that the Dollar Index (DXY) is trading at a 20 year high. Things are about to get much worse for the Euro - winter is coming. Russia recently added to Europe's energy crisis by shutting of key gas taps. With this, there is pressure on the ECB / Europe Central Bank to tighten monetary policy. As noted by Bloomberg, there are expectations for the central bank of Europe to raise rates with 75 basis points as soon as Thursday. This is bearish for the Euro, and bullish for the Dollar, as imports from the US increases over winter time. This is, in short, how I come to my conclusion and expectation of the continued rise of the DXY over the next few months. The only natural target, would be the previous ATH / resistance zone.
EURUSD Chart :
This brings us to the next topic, the correlation of the DXY to the Bitcoin chart. For this, it's quite simple to use the correlation coefficient technical indicator and too overlap the BTCUSDT chart. By doing so, we realize that there is a mostly inverse relationship between BTC and the DXY. Thus, to state the obvious, if the DXY continues to rise, we can expect the price of BTC to continue to fall. Interestingly enough, there are two confirmations around the $12K price mark for Bitcoin.
Thank you for watching, tune in again tomorrow !
_________________
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CryptoCheck
btc h1 trading planwaiting for breakout small bear flag chart pattern, this will be seen more clearly on the 15m time frame
and still wating for brekout big chanel chart pattern on the 1h
anything can happen to the market, I don't want to take a big risk for this trade so I'm still waiting for confirmation (breakout) no matter where it moves
#safeyourmoney
BTC/USD LONG Looks literally same like scamp pump last week ... sunday dump till wednesday scam dump on cpi reports than pump all week ... next wendsday is fomc so i bet they will dumping it till fomc report and than scam pump .. there was also strong corelation with spx and they looks bit bearish (imgur.com) so theres a option btc will follow again .. also options for 29 july are pretty bullish (imgur.com) + long short ration also showing that theres more liquidity on other side mean like under 22k (imgur.com)
XRP USD : AND THEN THIS ONE TIME XRP WENT FROM $0.40 TO $40.00FOLLOW ME FOR MORE UPDATES AND ANALYSIS, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT.
XRP is looking extremely bullish to me. Its been in the massive cup and handle formation for the past few years. The measured move would bring XRP to at least $40 and probably higher once the FOMO sets in. Also there is a Bull flag on the shorter term time frame that would give XRP a measured move to about $8 then there will be a correction and then straight up to $40 bucks to complete the measured move. XRP is in a great accumulation zone as you can see distribution flipped to accumulation whilst the MACD and Stoch RSI are heading up. A big move is in the works. dont get caught up in all this bearish crap everyone is talking about. Its suddenly like everyone is running around like the apocalypse is coming, its kind of comical to watch. Nothing new is happening, this stuff has been happening for many many years even before most of us were born. Anyways I digress, good luck out there everyone. This is not financial or trading advice this is just my opinion.
DGB DIGIBYTE USD : MASSIVE BULL FLAG BREAKOUT 60x IMMINENT $.50 PLEASE FOLLOW, AND LIKE IF YOU APPRECIATE THIS CONTENT. COMMENT BELOW AND LET ME KNOW WHAT YOU THINK, I APPRECIATE ALL PERSPECTIVES / COMMENTS AND REPLY TO ALL. THANK YOU
DIGIBYTE has been in the massive macro bull flag style correction over the past couple of years. It reached its end I believe with its sixth touch and a breakout of the flag is imminent. A measured move of the flag pole would bring Digibyte to a price of about $.50 cents before a major correction back down to previous highs and then an even more parabolic run to double digit dollars is possible.
I don't know what news will come out for these runs to happen but I think something is in the works for Digibyte. Digibyte has some serious real world use, and The team hasn't stopped since I got into it back in the summer of 2015. Digibyte has one of the hardest working teams in the space, and its awesome community is unmatched in my opinion.
This is not financial or trading advice this is just my opinion. Thank you and good luck out there my friends.
SOLANA SOL USD : SOLANA IS DYING, TAKE PROFITS NOW $3 TARGETFOLLOW, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU
SOLANA Has had a horrible looking chart for a while now. Solana's hype is pretty much over and now, they are getting sued kinda like Ripple did. This stuff could go on for years. I think SOL is overvalued and is about to tank especially if they are found guilty. This is not trading or financial advice this is just my opinion. Thank you.
VET VECHAIN USD : MACRO BULL FLAG BREAKOUT! $13 TARGETVET is looking bullish. VET hasn't had very much attention in the last few years but I believe its time is coming. There is a major macro bull flag forming and could possibly be completed. A measured move from this bull flag will shoot VET into the $13 to $15 range in a short period of time. Im not sure what kind of news or developments will come out of this project but something is coming. VET is also a great and secure proof of stake coin, and now with the USA government signing executive orders talking about regulating the energy consumption of proof of work coins because of their impact on the environment it means that proof of stake coins will probably explode. Maybe ETH heard something through the grapevine about this and hence why it switched to proof of stake? Either way the chart formation is valid and whatever news comes out it will be huge to fuel this type of run. This is not financial advice this is just my opinion. Thank you
DOGE UPDATE USD : DOGE BULL FLAG INTACT $1.50 2023? 2026?DOGE DOGECOIN USD Bull flag is still intact, the price hit the bottom of the channel with this dip. Depending on what the broader market does Doge will either run up to $1.50 by 2023 or by 2026. I had done an analysis on DOGE previously saying I believed that it was going to $2.50 but I have since edited that prediction with new measurements. The RSI is oversold on the weekly and lower than it has ever been. The RSI can stay low for a while but I believe at least a bounce is coming back up to about $.01 within the next month or so. What DOGE does from that touch on the top of the channel will determine its path I believe. It could break through the upper resistance of the channel and close , if that happens we are probably off to new all time highs and my target of $1.50 will probably play out. For that to happen the rest of the market needs to take off as well. If we remain bearish and the price breaks below the channel then DOGE will more than likely go down and sideways for the next few years along with everything else. This is not financial or trading advice this is just my opinion. If you like this content then follow me for constant updates and analysis on your favorite coins. If you have a coin or stock you would like me to look at then leave a comment below. Thank you and good luck my friends.
LTC LITECOIN USD : LITECOIN RUNNING FLAT AND BULL FLAG $10,000!LTC LITECOIN USD This is Litecoin on the 4 month, and as you can see there has been a running flat correction from its run up 2015-2017 for the last 5 years. Litecoin has been in a bear market technically for the last 5 years correcting on a 4 month candle chart. At the same LTC has formed a massive bull flag in this correction, with a measured move up to $10,000 like I talk about in my other charts. Im not sure when we will get there but i believe the explosion upward for Litecoin will be so swift and so fast and unexpected it will catch everyone off guard. I see people comment with crap to say about Litecoin like its dead, no use case, old news, better projects blah blah blah. Something people should notice is that Litecoin has been and always will be around. Right now Litecoins price is way below its value. Ever notice how when CNBC or Other news channels when they do a crypto market roundup or talk about cryptos prices etc they always use Bitcoin, Ethereum and Litecoin! People who say Litecoin is dead should ask themselves why their favorite project be it Doge, Shib, XRP, ADA, SOL etc aren't used to show market conditions on Mainstream Media? You can actually see an example of this from just a couple of days ago, Anthony Pompliano was on CNBC, I believe it was, and they talked about the current state of the market. The three coins they showed the percentage loss on was Bitcoin, Ethereum and Litecoin. Litecoin is going to take over the payment space In my opinion. Its position will be right under Bitcoin on the market cap in position 2 or 3, where it was for a long time before and will be again in the future. You'll never see Litecoin again at these prices, this is a no brainer for me to load up on LTC now. So what if we drop a few more bucks, then DCA in, and think about the reward you will get in the future when LTC smokes past everything and everyone's expectations and gets back into the #2 spot with a price in the $10,000 -$20,000 USD range. This is not trading advice this is just my opinion. Thank you follow me for for updates and analysis. Good luck out there my friends.