jalapablo

DYDX Seeking to Expand

Long
jalapablo Updated   
BINANCE:DYDXUSDT   DYDX / TetherUS
DYDX is retesting the 1.0 Fibonacci boundary, on the cusp of a potential northern expansion. I'm keeping an eye on this one and wanted to post a chart before it (potentially) runs off too far to make it profitable for a cool 10% swing to the 1.618%. If not, it will fall back through microtrend resistance and into the regression trend. I would seriously consider invalidating the trade if that happens, especially if it falls beneath channel midpoint, being we are still in the midst of a BTC bear countertrend.

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**Not financial advice. Please DYOR and trade at your own risk.
Trade closed: target reached:
Congratulation to all who traded. 11.99% netted in gains at the 618 Fib. On to the next swing!

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