As due to covid pandemic stock deviated from its original trend line since 2018 and the drop of oil prices to an unexpected level , resulted in the tech bubble, and nasdaq overvalue level, here are some of the fib important level strong support levels, seems like bears going for the final push before the trend return to its original pre pandemic level, in the mean...
DXy dumped too much for a long time , here is some of the fib levels that can act as support and resistance. a pull back is expected, as the gold rallied so does crypto and other things , it is expected for dxy to did a strong pull back and a retest of the lower resistance level, A retest will push the stocks and other thing further down.
Btc has dumped more then necessary due to dollar rally , btc reached its bottom and broken the resistance, while dollar is rally ends soon, dxy is already over value, a beautiful bull market is ahed, btc slowly printing a trend line and broken the inital resistance , and is currently traded above the falling trend that started at 69k,
dollar has been pumping since 2020 due to corona pandemic, russia ukraine conflict and stocks and nasdaq dumping, but we are very close to the peak, dollar reached the current level only few times, first was in 1985 at the peak of cold war where dollar was a safe heaven for the capitalists, 2nd in 2002 when right after .com bubble collapse, in 2007 economic crises...
Dollar pumped for more then 14 weeks, as it was the result of economic condition, inflation, interest rate and government policies and Europe economic economic crises due to ukraine war, but looking into the chart dollar approched it previous resistance level, dollar peak to this level in 1985 and 2002 after .com bubble collapsed, from here dollar will start...
BTC market cap is down from 1.3 trillion to just 350 billion , while inflation and other economic uncertainty disturbed its price but this dump is no more then that was welcomed, the double top pattern and continues sellers pressure is pusing the price more and more down , but here is some fib levels we are looking what will happens to these level breaking these...
ooki market cap is super low now and daily trading volume is very high, this can push the price very high while the bzrx marketcap is also shifting to ooki that and opportunity i think
seems bullish on 4hours chart, now interring the final phase of Wyckoff accumulation spring is almost over/