My friends,
Let's get in to the charts..
I have really learned to trust the charts. Because that is the only truth you have.. And everything on the charts happens (mainly) for reasons.
As the markets move in a mechanic way.. We have to look not only in to the bitcoin charts if you are a crypto trader.
Smart money never rests. They go from market to market to make the most of every moment they have.
We have seen a parabolic move since last year in DXY (15-20%) up. The market closed with a topping tail last week.
I recently looked in to it and the market is retesting the high of last week. It is important for that to FAIL.
If we do FAIL we have set a micro double top and than the probability is to have a pullback..
When we get this pullback, money will move, to make money in other markets.
This can be positive for crypto, commodities and stocks.
Let's get in to the charts..
I have really learned to trust the charts. Because that is the only truth you have.. And everything on the charts happens (mainly) for reasons.
As the markets move in a mechanic way.. We have to look not only in to the bitcoin charts if you are a crypto trader.
Smart money never rests. They go from market to market to make the most of every moment they have.
We have seen a parabolic move since last year in DXY (15-20%) up. The market closed with a topping tail last week.
I recently looked in to it and the market is retesting the high of last week. It is important for that to FAIL.
If we do FAIL we have set a micro double top and than the probability is to have a pullback..
When we get this pullback, money will move, to make money in other markets.
This can be positive for crypto, commodities and stocks.