First of all let's start with the Dollar Index Chart:
Unlike Crypto, the DXY is a nice 'Forexy' chart that allowed me to go Long on USD in Dec 2020:
At this stage DXY has been rejected as you can see on my chart and I expect a drop to accelerate. With the FEDS taking it easy on Hikes (3,5-4% is nothing!) and the rest of the Central banks hiking now as well- fundamentals seem to agree with the chart.
👑Bitcoin just over 20k (24k now)- It reminds me of the Last time i called it a King at around the same levels just over 20k back in December 2020:
One Love,
The FXPROFESSOR
Dollar is King (and Wolverine as I like to call it since they print more and it goes up) but the New King is BITCOIN 👑 (Hulk Smash!)
Unlike Crypto, the DXY is a nice 'Forexy' chart that allowed me to go Long on USD in Dec 2020:
At this stage DXY has been rejected as you can see on my chart and I expect a drop to accelerate. With the FEDS taking it easy on Hikes (3,5-4% is nothing!) and the rest of the Central banks hiking now as well- fundamentals seem to agree with the chart.
👑Bitcoin just over 20k (24k now)- It reminds me of the Last time i called it a King at around the same levels just over 20k back in December 2020:
One Love,
The FXPROFESSOR
Dollar is King (and Wolverine as I like to call it since they print more and it goes up) but the New King is BITCOIN 👑 (Hulk Smash!)
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.