ThinkLikeaWhaleTLAW

DYP must hold .17c on wave 2 correction or under .05c incoming

Short
KUCOIN:DYPUSDT   Dypius / Tether
Not financial advice
Short to .17c then long
We are in a clear wave 2 correction on the weekly for DYP.
Looking at the Fisher you can see we recognized the high of .58c and it has now crossed down.
I drew a triangle indicator of ideally we we would like to see entry according to Fisher technical.
On this theory we must hold .17c this would represent the trendline from the .05c low we had.
Losing the .17c range would invalidate the wave 2 theory and this is turn would give us a .02-.03 target range to sweep the lows.
Holding .17c we can aim for the 1 fib level of around .85-.97c range to complete wave 3.
Wonderful project
Remember DYOR
#PIK
Patience is Key and
TLAW
Think Like A Whale
Comment:
Trade active stop loss .168

If you like this, please come join our free Telegram group for exclusive trade ideas:
t.me/+qPr4Mjji9ko1MjU0

Visit our website to work with us: www.patienceiskey.biz/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.