Dollar #DXY is again moving up and now it's at the point of Br | Universal Crypto Signals Pro
Dollar #DXY is again moving up and now it's at the point of Breakout.
U.S dollar currency index (#DXY) is now trading at 91.36 around and has resistance at 91.80 which can also be a breakout point.
And there is correlation between #DXY and Bitcoin many times.
Dollar up - BTC down Dollar down - BTC up.
Gold and silver are dropping since last 2 hours and also BTC dropped from $38700 resistance at the same time.
So be cautious with your BTC long , I would say to use stop loss at our entry 32800$ and hold. It has pumped around +18% from entry so I believe you have taken some Profit as it was told to take step by step Profit at 3%-20% upward move.
If #DXY breaks out of resistance at 91.80 then BTC , gold and silver can retrace in USD value..
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