TradingView
InkyGrip
Apr 20, 2022 7:25 AM

DYDXUSDT is testing the daily resistance! Long

DYDX / TetherUSBinance

Description

The price had a breakout from the descending channel, and now the price is testing the daily resistance on 5$.

How to approach?
the price needs to have a new breakout from the daily and 4h resistance and confirm our strategies, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

–––––
Follow the Shrimp 🦐
Comments
Solldy
Now it is very interesting to watch the trading. I myself at my own risk began to gain a position on the historical low. The first target is at $7.170, let's see how soon it will be reached.
InkyGrip
@Solldy, great thanks for sharing
ProjectSyndicate
seems logical see what's next
InkyGrip
@ProjectSyndicate, appreciate it
DeGRAM
Interesting view
InkyGrip
@DeGRAM, lets see the further development
UnknownUnicorn15614419
Nice analysis
InkyGrip
@TradingStat, cool thanks
TheTradersAvenue
good one, thanks.
InkyGrip
@TradingAxis, cheers brother
More