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DXY is not looking good for cryptocurrency
U.S. Dollar Index
Long
DXY is not looking good for cryptocurrency
By WatsonsView
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Oct 23, 2022
3
Cryptocurrency could be making its next leg down from this point.
Looks like we're going to be retesting for new highs this week. I don't see the 200-day EMA getting broken here.
Our 1-hour chart also shows a massive floor on the Vix Fix find market bottoms.
For those of you who don't know, the DXY and TOTAL are inversely correlated.
Chart Patterns
Technical Indicators
Trend Analysis
WatsonsView
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