$DXY on a daily is pushing to respect our analysis of $dxy on a weekly
This simply means that once $dxy is deep neck into our support box, we should be expecting a pump on $dxy and the general market should start dumping or better still crashing by then.. this dump or down turn is really gonna last for a while cause $dxy pumping on a weekly is indeed gonna hold the market down
This is one of the reasons I will always and keep encouraging taking profits along the way.. especially for those of you that are into spot trading.
Always take profits
Good luck 👍🏿
Cc: The Best (@dreamchaserjtk)
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dream chaser jtk
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Bullish
$dxy
In lay man’s terminology, $dxy is dollars 😂
But truly, $dxy just shows us the strength of the USA 🇺🇸 dollars
Apparently, how it works in trading is, in most cases, if the dollars is gaining strength, it simply means that most currencies paired to it will be getting weaker
So, for instance, in a btc/usd pair, if the dollar is gaining strength, $btc will be getting weak, hence, it will dip and vice versa
Now, haven educated you on how this works, look at the $dxy chart below 👇🏿
$dxy on a 1week time frame has been very bullish, this simply means that the dollars has loads of strength in it at the moment and it’s not relenting any time soon.
I’m expecting $dxy to the green rectangle that’s it support zone at the moment!
This correction will make the general crypto and forex market look bullish a bit cause but the truth of the matter is that, it will just be a bull trap cause after this correction $dxy is about to make, the dollar strength will increase to the resistance zone marked out with the red rectangle
Now imagine what will happen to every or most pairs against the usd when this move happens 🌚
This is a weekly time frame, unless there are back to back news that hits the market, then, this might not happen immediately but certainly, it shall happen
My question is, will that be the time $BTC will hit 30k$ region? 🌚
I really wish we got $floki at its golden zone, we missed it by a 63% pump
Anyways, it doesn’t matter, we still have greater pumps ahead
From all I can see here on the charts, after my epic analysis, u think $floki is ready to give us a 137% wins
Just buy $floki around $0.00022 and sell at $0.0005 and boom, you have made over 2x your margin
Lemme say this, I’m a big respecter of zones and haven said that, your first take profits on $floki should be around the first resistance level that’s marked out with the rectangular red box. Taking profits there is already over 50% gains from entry
After $ordi has given us a 25% clean wins on our spot buys, I’m expecting a retracement back to our golden zone at about $37.93 before we continue mooning
Set your limit orders once more
Good luck 👍🏿
Cc: The Best (@dreamchaserjtk)
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dream chaser jtk
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As you can see, $ordi respected our analysis 💯
A healthy correction has happened, entry has been picked (I choose to call this one a sniper entry lol 😝)
We are in little profits but soon, our profits shall be massive
$ftm has given us over 50% gains on spot and right now, I’m expecting a retracement back to our golden zone at about $0.7592 before we move to the moon
Stay active and utilize this info
$ftm will blow up crazily
You active?
Cc: The Best (@dreamchaserjtk)
LIVE
dream chaser jtk
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Patience is one of the biggest skill every trader must possess
We, dream chasers, have waited for more than 9 weeks, about 2 months and a week, for $ftm to retrace to our buy zone
Dream Chasers, it’s time to plant, it’s time to invest and the glory, they shall all see when it’s time to harvest!!
Big money is about to follow into $ftm
So, kindly buy $ftm on spot around this zone $0.6478 to $0.5412
We shall start selling from $1.217 to $1.7151, that’s about 112% to 200% profits
Remember, we waited 2 months plus for $ftm to give us a 50% retracement before we buy
Now, when you buy, be patient also for the profits to flow in like a stream