Our attention caught this coin named DYDX. It has been falling for the long time and we think it might need a correction for now before deciding where to head next. On weekends it bounced 3 times from the support zone at $0.16. We are buying it and targeting $1.85-2.70. We would suggest you to close this trade if 4hr candle closes below $1.40.
If you like...
dydx / usdt
It is currently in its long-term downtrend channel.
In the $ 3.2 area, which is very valuable, it reacted to this price.
If he can not break the resistance above his head, he will re-enter the $ 3.2 zone and then higher targets will be available.
Significant resistance is in the $ 4 area.
#btc #eth #dydx #gmt #doge #shib
The following are machine translations:
In the 4-hour chart, after encountering support near 3.2, wave 3 rebounded and then pulled back. From the current institutional point of view, the third wave fell in the decline of wave 3, and the bottom was near support 2. Continue short-term bearishness and go short on rallies. operate.
A very persistent RSI bullish divergence on daily. Price is not going much down in every down swing, which is a clear indication that the bottom is in.
At this point, the risk to reward is extremely good and you can go long and hodl till the volume and fomo picks up,
Thank me later.
We spotted falling wedge formation here and expecting the price to break upside. Do make sure to follow the give enry range and fill in your orders within the zone. Stop loss is a must as always.
For May and summer $DYDX will trade in range between 8 and 3 dollars.
Ill open long at
Possible to see squeeze down if in May we will see increasing the rate FRS really hard
Targets for this trades
About investments zones for DYDX ill make a new IDEA and will show investments zones and targets where you...