💾 U.S. Dollar Index Starts Its Decline vs Bitcoin & Crypto

This will be the fourth week the DXY closes red after a mini-upwards correction.

Only EMA100 (101.89) remains as support and then we should see a sudden/fast drop.

The last trade idea should read "SHORT" rather than "LONG"... Corrected here.

As the U.S. Dollar Index drops, Bitcoin and the Cryptocurrency market grows. That's the inverse correlation as we see with USDT.D (Tether Dominance).

Remember, patience is key.

There will be swings, shakeouts, volatility, noise... Focus on the mid-term for trading, long-term for HOLD!

The bigger picture is UP!
I am talking about Crypto of course.

Namaste.

Comentário:

This is going as expected.

✔️ Cryptocurrency is moving up.
✔️ Dollar Index is moving down.