A very interesting analysis on Dxy chart where it is formed double bottom on weekly tf and broke the neckline and now its coming to retest the neck line of the pattern, if this plays out, it can take dxy to new high.
btc has been trading in a falling wedge pattern since 69000, and now its on a deciding move that whether it breaks its super brearish trend or test the downside of the falling wedge and the downside of mega uptrend. which is at 9k to 12k levels. what do you guys think where will it break long or short? im 60% bearish and 40% bullish on this.
lets see if this pump is sustainable, tested the june lows suscessfully, and october seems to be bullish historically, now next major trend resistance is at 4000 levels.