#US DOLLAR ANALYSIS
The US dollar got rejected from the horizontal resistance and has broken down through the trendline. Now it is retesting below it. The RSI is currently moving towards the oversold region.
MACD crossover indicates bearish momentum. A downward move is anticipated for the US dollar for as long as it continues to trade below the horizontal resistance.
The US dollar got rejected from the horizontal resistance and has broken down through the trendline. Now it is retesting below it. The RSI is currently moving towards the oversold region.
MACD crossover indicates bearish momentum. A downward move is anticipated for the US dollar for as long as it continues to trade below the horizontal resistance.
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📍#Bitcoin Update
🔺Some call it a double top , Others label it as distribution
🔺Some are anticipating a black swan event
🔺While others are eagerly waiting for the $12000 level
🔹Meanwhile,
🔺Bitcoin hit its bear market lows, price pumped and broke out of the downtrend.
🔺Price has been consolidating in a Range / Wedge for the past 210 days.
🔺A breakout will trigger the continuation of the Uptrend..
🔺Some call it a double top , Others label it as distribution
🔺Some are anticipating a black swan event
🔺While others are eagerly waiting for the $12000 level
🔹Meanwhile,
🔺Bitcoin hit its bear market lows, price pumped and broke out of the downtrend.
🔺Price has been consolidating in a Range / Wedge for the past 210 days.
🔺A breakout will trigger the continuation of the Uptrend..
Exactly 15 years ago on this day, Satoshi published the Bitcoin whitepaper, which proposed the idea of light nodes that can verify "alerts" for invalid blocks. This is essential to allowing blockchains to increase their block size without compromising end-user decentralization.
https://twitter.com/TamilBTC_/status/1719369421767196912
https://twitter.com/TamilBTC_/status/1719369421767196912