[DXY]: 2024-2040 CryptoMadden.com Presents: Yearly Chart Analysis About Dollar Index π΅
Scenario 1.)
January 1,2025 candle must start >110.00 π or gravitate towards 99.5 < 92.50 < 88.50 π
Scenario 2.)
Currently 2024 candle is trying to get back inside of max breakout date >2026 uptrend triangle at >110.00 price area. Failing to do so can lead to a greater chance of DXY going to lower price levels at <88.50 π
Scenario 3.)
DXY appears to have maxed out around 106.5 price area after breaking free from right angle uptrend triangle. There's a greater threat of it coming down for a retest at 92.5 < 90.30 < 70.50 price area since it had a chance to escape from max breakout date >2037 triangle early. π
Scenario 4.)
Currently 2024 candle could max break out of this triangle and touch >134 price area. To continue this bullish momentum No candles should start below 101.00 price area or you get a greater chance of the dollar lowering to <90.50 price level. π
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