#DXY

If you want to know where Crypto is going, you have to watch the DXY.

DXY recently pushed up into a heavy resistance zone 98.88. As expected, it was clinically rejected. Smart money used that pump to distribute their dollars.

The chart is now heavily bearish. The algo is pulling the price all the way down to 95.500 to sweep the Sell Side Liquidity.

This is the most important part. Crypto and the Dollar have inverse relation.

This DXY breakdown is the exact macro fuel we need for the market to heat back up. The chessboard is set. Stop stressing over the low-timeframe chop and look at the macro picture.

@cryptosignals