$DXY & $BTC -Put to Tests

6 Jun 2023

DXY testing today the Golden Zone of the last LH-HIGH fibbonnaci level.
Lose 0.618, 103.36 incoming for The Dollar Index.
Bullish momentum of 50 & 200 EMA Golden Cross would also act as Support
coinciding with 103.3 level,
in case DXY fails to close above 0.618 zone.

Meanwhile BTC seems to have broken Character of 25K, with a Daily Close and
Open below 25.785$ .
Worth mentioning is that #Bitcoin has violated the grey Support-Resistance key Zone
with a High Selling Volume well above average.
This is a very concerning boundary violation !
For now BTC might get stuck in a range bound of 1.618-2.618
Next target would put BTC at 24.560$



TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any trading activity based alone in this idea.

6 Jun 2023

Catatan

Zoomed in on smaller TF

6 Jun 2023

Catatan

DXY jumping hard at 0.618 fibb. retracement .
Take heed of cryptocurrency market

6 Jun 2023

Catatan

Shorting opportunity BTC

6 Jun 2023

Trading ditutup: stop tercapai

The importance of Proper Risk Management
There is always plenty of opportunities given in trading.
There's no need to rush positioning heavy and gamble

7 Jun 2023

Catatan