The fall of BTCUSD -cash it

little care as it may crazy up here 37485 ! still intact , anyway do or simply die area!

give her a chance to bounce at some lows still as high as 33428 , take care

the more delay the more down it may target and still still the chance bounce off arounds , testing retest tl 33420 or next 33002! take care

same as before , still a chance to bounce for last times to fall 23232 likely as per pa , not in a straight line though , upside limit 34349++( 35277/37109) . immediate range 28729 to 34349 .take care , fontu

perfect & care at 28855/29000 areas , target can be 27854 breaks down to up even though. Take care
corresponding usdx now , better little sacrifice for bigger interest !. bounce may possible in all others tanking little more or not at all. usdx monthly stil bear but on good support & if it to halt here may need few months to have a bottom formation effects!!

a possible bounce try 28/1
pa

perfect pa , waiting it test 29167 after a little bounce for gap fill 34615+ then breaks down to 23450! care
checking usdx if correction down over ! not any yet , so 2nd spike up also looks very real next time .

well done , as gap filled , but not enough , ranging still present possible before tank down enough , with signal 32600 /32261 breaks down & must hold type . Care

usdx trying void the correction now , confirm the reversal daly tf may do the same correction. so look range up continues & others DOWN

last leg up down continue most likely scenario, so sell at any top coming soon / next.
usdx already broken good signal for up without any correction now and next likely go for good confirmation for good reversal towards more & more up . so all others against readying for more & more down preferably this week or next ok. take care

reacting towards good reversal confirmation usdx level 91.23 pa may burst with same way ( just crazy , not formal pa ) it burst before only in less magnitude before send legs for correction down.take care

so continue as before scenarios still( sell at any high) ! usdx done good signal UP reversal breaks 91.23 and still may do more towards 91.84 before correction to have a signal up the rival , say eurusd for the much greater reversal signal breaks level 1.2554 before correct too ! care

the crazy continues with top extension , weekly/monthly in very strong bullish but not no immediately yet , lower tf may play still different. checking pa , likely test 46842 having bounce to breakout decision next ! take care , fontu

pa now , give another chance to bounce before a good correction starts! take care , too crazy but when fall should to crazily too , stay tuned !!
correction at or above to level 50494 signal failure top , but if breaks then test 49780

crazy top extension still running with bullish higher tf action but waiting good signal for tanking as well , signal breaks 52565 , 1st confirmation 50691, early signals go 55075 and 54587. stay tuned , take care

well done , signal broken , now 1st confirmation need to go and in between sr there arounds 51500 tl to bounce more or less before initial targets at around the 1st confirmation and next 48653 levels . take care


big bear candle , testing one tl 51500 now may easily breaks for 1st confirmation & further down to next tls!!

oh my God ! it goes faster than my fingers , great tanking likely as start by this event !! care

to even final ( 3rd) confirmation 42521, as 2nd confirmation broken already too !! that is top extension is over !

apparent pa now

usdx better preparing for real reversal action , waiting to see it happen at some lows , below 90 is the option for this pa !!89.80 can be enough for the show !!

The correlation between BTC and USDX is not a constant.


This is daily with a correlation period of 50 days.

perfect pa , that is behaving a standard. test 2nd confirmation areas , bounce towards 52385 ( perfect to sell next ) to have 3 rd most likely ! take care

usdx breaks below the level if interest but still more down to go to have the support to bounce strong . both usdx & Bitcoin moving in the same direction , that is divergence before big movement ahead !!

true , there are divergences in price action , mostly due extreme craziness Bitcoin but ultimately this scam must obey price action & burst the bubble ! care

update

https://www.forexfactory.com/thread/...5#post13424465