$DXY & $BTC -Put to Tests

6 ביוני 2023

DXY testing today the Golden Zone of the last LH-HIGH fibbonnaci level.
Lose 0.618, 103.36 incoming for The Dollar Index.
Bullish momentum of 50 & 200 EMA Golden Cross would also act as Support
coinciding with 103.3 level,
in case DXY fails to close above 0.618 zone.

Meanwhile BTC seems to have broken Character of 25K, with a Daily Close and
Open below 25.785$ .
Worth mentioning is that #Bitcoin has violated the grey Support-Resistance key Zone
with a High Selling Volume well above average.
This is a very concerning boundary violation !
For now BTC might get stuck in a range bound of 1.618-2.618
Next target would put BTC at 24.560$



TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based alone in this idea.

6 ביוני 2023

הערה

Zoomed in on smaller TF

6 ביוני 2023

הערה

DXY jumping hard at 0.618 fibb. retracement .
Take heed of cryptocurrency market

6 ביוני 2023

הערה

Shorting opportunity BTC

6 ביוני 2023

עסקה סגורה: הגיע לסטופ

The importance of Proper Risk Management
There is always plenty of opportunities given in trading.
There's no need to rush positioning heavy and gamble

7 ביוני 2023

הערה