lennydoescrypto

lennydoescrypto Updated 

Dxy has moved up since june 16th and is now ready for a pullback. Matic network has moved downards during this period. If dxy continues to fall there is a good chance matic pushes up here.

lennydoescrypto Updated 

From May 8th to May 24th we had a upward cycle on bitcoin volatilty. We have now pulled back on the vol chart and have done a higher low. If the vol chart pushes again it will most likely be another downward cycle for BTC.

lennydoescrypto Updated 

Since may 6th USD has shown weakness against most currencies and is now ready to push strong. During this period TRY offered very little resistance making it look good to continue weakness in the face of a strong push for USD! The question is not so much not if USD will strengthen but more which is the weakest currency to long it against imo!

lennydoescrypto Updated 

Gold has been moving upwards since the 6th may and is now due a correction. In the mean time whilst bitcoin would normally have done well in this situation it has struggled badly. If gold now corrects we will see bitcoin drop below 30k towards 18k area most likely scenario.