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DYDX Swing long
DYDX / TetherUS
Long
DYDX Swing long
By JohnJEC01
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Updated
Dec 8, 2021
2
Dec 1, 2021
Monthly
Previous monthly candle closure at 12.554, so price must hold 12.50 to keep upside odds alive.
[b}Weekly
Potential double bottom forming in confluence with RSI. Neckline needs to be broken to confirm pattern though.
Invalidation will be a daily Daily closure under 12.5.
dca
Dec 8, 2021
Note
On DEC 03 the daily candle closed below 12.500. Invalidating our setup. This was followed by BTC weakness and an overall market correction.
Dec 8, 2021
Note
This token is in price discovery to the downside. It becomes highly attractive to me at $5. Will wait to see what comes
DYDXUSDT
Trend Analysis
JohnJEC01
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