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Huge Reaccumulation on DXY
DXY
, 1W
Long
DXY: Huge Reaccumulation on DXY
Jun 3, 2022

Perfect reaccumulation on DXY💲 The huge, almost eight-year DXY reaccumulation is coming to an end. Given the negative correlation between traditional & cryptocurrency markets and DXY INDEX, and the recent signs of weakness in the markets, we can expect the dollar to strengthen at the expense of the markets. Further declines in crypto market and traditional...

BTC 5th Red Weekly Close
BTCUSD
, 1W
Long
BTCUSD: BTC 5th Red Weekly Close
May 2, 2022

Bitcoin has just closed for the 4th time in history with a 5 declining candle a week in a row. The last time such a situation took place 7 years ago. We've never had 6 weeks of a downtrend. There is an opportunity for the statistically probable closing of the week in positive territory. It means a high probability of winning the LONG trade this week. The last...

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