You know about backward correlation DXY, usdt.d, BTC.D, DJI & Gold.
I focus on the single cryptocurrency but relaying on different leading indicators.
1. In the coming months DXY could reach 94-85%; On a smaller timeframe it could restore up to 106%.
2. Also watch the trendlines at usdt.d chart, i am waiting one more volatile dump, to finish the whole sequence unfolding since 2024 November.
Dogecoin targets are still the same:
0.1285 to close short positions;
0.123 might be good to enter into LONG;
0.11666 might be good for futures;
I consider the current formation at Dogecoin chart as the ending diagonal pattern. The terminal target for the pattern is 1.72 USD per single DOGE.
That is why 0.81 and 1.22 should be good take profit points.
Have a fat profit!
