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DOLLAR CRASH!? NOPE! NOT NOW!!If you are on the Media, you would have heard that the DOLLAR is CRASHING, countries are ANTI-US DOLLAR, etc, etc...
I don't see any crashes happening on the chart. It is important for independent traders like ourselves, not to get swayed by the news headline; see it for yourself.
What I'm seeing right now, saddens me more than the crashes; the market is going into the consolidation phase.
How do I know that?
A series of Bat Patterns, that's it. The market reflects on what market participants felt.
If you are looking for shorting opportunity, you are in luck.
On Daily Chart(left), Bearish Bat Patterns completing at 136.96 and on the 1-hourly Chart, we have the Bearish Crab Pattern completing at 132.54 and Bearish Bat Pattern completing at 132.87.
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BTC up till tomorrow's Inflation report, then what ????BTC is looking good right now, but it is kind of perplexing, since we are hearing nothing but BAD news everywhere!
Well, It is not really unexpected, and I tried to explain it multiple times, using my extremely unique analysis that uses a combination of different tools. You do not have to be using the same tools, but you can definitely FOLLOW ME NOW on tradingview , to receive more of these insights. My last stream explained perfectly what's going on, and why I think tomorrow can be a "retracement day" before BTCUSD continue pushing further on March 15th, 16th and 17th.
*I am marking on this chart, the expected fibonnaci levels, keep an eye on those.
Have a great day, and please share your feedback any time :)
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