P_S_trade

DYDX 12h Where the price is headed at $50 or $5

BINANCE:DYDXUSDT   DYDX / TetherUS
Today we will consider the trading pair DYDXUSDT on a larger time frame and determine the goals for the near future.

Our previous idea worked out the downside target of $11.50 (the low was $11.43)
It seems that the buyers have protected the level of $11.50, and we might expect the growth in the area of $20-22.
It is in this price zone that the future of DYDX prices can be resolved.

There are two critical levels $21 and $11.50, the range to trade is 80% — trade and earn as much money as you will fit on your deposit), but at the critical levels, you should cover your positions and look around.

Which of the two routes will work will decide the further price movement of the DYDXUSD in the area of critical levels:
1) a sure fixing of the price above $21-22 will open the way for growth to $50
2) fixing the price below $11.50, will open the way to the tasty zone for buying $5-7

Please, write your comments about what you like about the project DYDX and what its perspectives are, maybe we should count on the aims much higher than $50?)

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Trade closed: target reached

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