#DXY follows 3D chart pattern 👌🏼 Still I find it strange | Wise Analyze on Binance Square

Trending Articles

Bookmarked and Liked

--・1.3k views

#DXY follows 3D chart pattern 👌🏼
Still I find it strange and suspicious that neither stock indexes nor #Bitcoin didn't had much bullish reaction to today's dump. Most probably because its Friday and nobody does serious trades before weekend. Next week will reveal it all.
#dollarindex  #usd 

0 people tipped the creator.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

0

Explore the lastest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Wise_Analyze

Explore More From Creator

$BTC closed Friday above May low - that is bullish price action which gives a chance to form a failed swing pattern. Basically yesterday's low can be taken as a conditional level for stop loss and used for longs. The closer to that bottom is your entry, the bigger can be position size. 🔥 Fear&Greed index dropped to 26 - that is value similar to December'22 - January'23 when #Bitcoin bottomed last time (from 16k). So in general I think current level is good for accumulating #BTC on spot for mid/long term hodl. Have a great weekend everyone! Nearest liquidity pools: above - 57080 / 57496 / 58810 / 59380 below - 55700 / 55150 / 54720 / 53490 Lines on the chart: 🔸58218 - June low 🔸56537 - May low 🔸53245 - Nov'21 low 🔸51760 - Feb W close 🔸50512 - Feb W swing low 🔸48200 - 2022 high Trend: D ⬇️ W ⬇️ M ▶️ 😱 F&G: 26 < 29 < 44 < 50 < 51

--

#Bitcoin Fear&Greed Index at historical level, where $BTC price often starts a new BULL RUN. Happened in September 2023 and in January 2023 when #BTC was at 16k - ultimate bottom from where it started 350% bull run.

--

📉 #Bitcoin Daily 📈 BTC dropped down to November'21 low at ~53245 ✅ I was writing about that scenario since the end of June and also mentioned Month FVG middle at 53k as a target for breakdown of consolidation range (in my video review). As usual it happened faster, than anyone expected. 🔥 Fear&Greed index dropped to 29. Last time it was at this value was September 12th 2023 - last swing down before 200% uptrend started. Guess when it was under 29 before that - in the very beginning of January 2023 when $BTC was at 16k - ultimate bottom from where it started 350% bull run. So we have important SR level tipped. We have F&G index at critical level of potential reversal. All that gives me bullish vibes. The only thing missing here is price action that would confirm the reversal. But don't worry, I'll let you know once I see one 😉 Nearest liquidity pools: above - 54940 / 55713 / 56070 / 57556 below - 53513 / 52980 / 50690 / 46705 Lines on the chart: 🔸58218 - June low 🔸56537 - May low 🔸53245 - Nov'21 low 🔸51760 - Feb W close 🔸50512 - Feb W swing low 🔸48200 - 2022 high #BTC Trend: D ⬇️ W ⬇️ M ▶️ 😱 F&G: 29 < 44 < 50 < 51 < 53

--

#Ethereum close to Q2 VWAP VAL and in the middle of May pre-pump order block. Its a very good zone to expect bullish bounce from. But so far none of timeframes show slow in bearish momentum. If no bounce here happens, nearest zones to watch the next $ETH dip are around 3000 and 2900. If current level hold the price, it will require at least one more day to confirm that (on 12H chart), so no rush. NO RUSH! #ETH #ETHETFsApproved

--

📉 #Bitcoin Daily 📈 S&P500 and Nasdaq did new ATH yesterday 🚀 Dollar Index dumped. And what crypto does while global market favors bullishness? Just continues to fall lower and lower. Today Bitcoin wiped out stops under June low 💩 Its just the beginning of July, so I won't try to forecast where it will be closed, but the way #BTC PA develops I see nothing unreal for price to get to November'21 low at 53245 (which is almost in the middle of Month FVG). Even if it will be a quick dip. Shorter term PA conditions: - Day close above 58218 can give a chance for earlier bounce (maybe just a dead cat bounce back to 60k) - Day close as it looks now will be bearish enough to continue momentum towards 57k and May low at 56537 Until $BTC forms at least one Daily green candle I won't be talking about any bullishness. Enough of low timeframe choppiness and attempts to catch that reversal. Nearest liquidity pools: above - 60812 / 61583 / 62245 / 64150 below - 56850 / 55620 / 52960 / 50690 Lines on the chart: 🔸62766 - June close 🔸60651 - April close 🔸59112 - March low 🔸58218 - June low 🔸56537 - May low 🔸53245 - Nov'21 low Trend: D ⬇️ W ▶️ M 🔼 😱 F&G: 44 < 50 < 51 < 53 < 47

--

Latest News

Bitcoin DeFi Protocol ALEX Launches BRC20 Bridge, Runes Bridge Expected This Week

--

Golem Project Sells 36,000 ETH, Retains Over 230,000 ETH

--

Whale Faces Liquidation of 456 WETH Amid ETH Market Price Drop

--

US Federal Reserve Likely to Maintain Interest Rates in August, Shows CME Data

--

Solana's Real Estate Trading Protocol Parcl Launches PRCL Token Staking Module

--

Trending Articles

Smart Money Strategy Basics

Ethereum Gains 3% After a Significant Dip, What Should Investors Expect?

This is James Howells, and he discarded a hard drive with 8,000 $BTC

XRP Lawsuit: SEC Sticks to $2 Billion Fine on Ripple As Pressure on XRP Soars — Is This Your Buy ...

Mt. Gox Begins Repayment to Creditors Distributing Bitcoin and Bitcoin Cash

Cookie Preferences

ba-one-trust-cookie