Technical Analysis of Upcoming Market Movements
In today’s technical analysis update, we delve into the inverse relationship between the DXY (US dollar index) and BTC’s price, provide an analysis of the Elliott wave count on Ethereum, and examine Bitcoin’s longer-term price cycle.
With the upcoming FED interest rate decision scheduled for early hours tomorrow and the US Mid-Term elections on November 8th, brace for a highly volatile few weeks ahead.
For an extensive breakdown of the FED interest rate decision, US Mid-Term elections, and their potential market implications, check out our detailed report:
FED Interest Rate Decision + US Mid-Term Elections: PREVIEW
If you’re keen on learning how to leverage this analysis, schedule a call to speak with a trading specialist below.
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Wishing you success in the markets.
Tony Fernandez
Head Market Analyst
Conclusion:
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