🔥 DYDX Local Update,Extremely Bullish Setup For 2024
👋 Hi Everyone ,Today I Wanna Analysis DYDX At Daily Timeframe And Talk About My Plan For a Midterm
📥 The Main Structure For DYDX Is an Impulsive Move Which Started From 1$ To 3.6$ As a Wave 1 And Bottom Of The Wave 2 Was 1.5$ Area And Now The Price Playing At Wave 3
👉 Currently The Price Playing At The Bull flag As a Wave 4 From 3 By Clear ABC Corrective Formation That Completed At The 2.3$ PRZ And We Had a Great Bounce From This Level So Now I Can Say Wave 5 From 3 Is About To Start
🎯 The Price Is Now Playing Below The 2.8$ Resistance And I Expect It Will Playing Below This Level For a While Then Breakout This Level Toward a 3.1$ As a Bull Flag Trend Line ,The Time That Price Breakout The Bull flag Next Targets Are 3.9$ And 5.7$ Areas
💥 Totally I’m Extremely Bullish About The DYDX And Expect It Will Surprise Many People In 2024
📥 The Main Structure For DYDX Is an Impulsive Move Which Started From 1$ To 3.6$ As a Wave 1 And Bottom Of The Wave 2 Was 1.5$ Area And Now The Price Playing At Wave 3
👉 Currently The Price Playing At The Bull flag As a Wave 4 From 3 By Clear ABC Corrective Formation That Completed At The 2.3$ PRZ And We Had a Great Bounce From This Level So Now I Can Say Wave 5 From 3 Is About To Start
🎯 The Price Is Now Playing Below The 2.8$ Resistance And I Expect It Will Playing Below This Level For a While Then Breakout This Level Toward a 3.1$ As a Bull Flag Trend Line ,The Time That Price Breakout The Bull flag Next Targets Are 3.9$ And 5.7$ Areas
💥 Totally I’m Extremely Bullish About The DYDX And Expect It Will Surprise Many People In 2024
Comment:
The Price Hit The 2.6$ Important Trend One More Time And By Each Hit It Become Weaker So I Expect a Breakdown Toward a 2.2$ As a Final Legdown Before New Bull Rally
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