DYDX/USDT has broken trend lineFor a long time DYDX is in down trend not it has broken the major trend line which is coming from its ATH
DYDXUSDT.3S trade ideas
Elliott Wave Corrective Wave Theory- DYDX to $28 soon! Hi traders, pl. refer to the above chart for knowing how Elliott Wave Correction Theory is currently forming up on DYDX. Some pointers-
* DYDX has stopped forming new lows rather forming equivalent lows which shows end of an impulse downside move.
* We see huge volume expansion showing the interest of people
* We see RSI bullish exaggerated divergence meaning the Price is forming flatter bottoms but the RSI looks bullish as it forms lower highs.
* We have entered wave A
HODL
DYDX Update.....Price currently trading at 13.477
.........Local support is at 11.83 - 11.70
..............Major support is at 11.34 - 11.00
...................Manage risk accordingly.........
#DYOR
DYDX-USDTSeeing a good retracement on the dydx . If it start moving up from now which it is moving it is a technical target to the 1.618 fib extension which is more than 2x from here.
Buy : current price
sell : 38.6
stop loss: not require hold for now
(like if you love the idea and follow for more such ideas)
FALLING WEDGE - FOR EDUCATION PURPOSE After retest let’s see how it is going to perform
All targets are in red line.
DYDXUSDT Long SpotDYDXUSDT Long Spot
IMO
Give a Like and Feel free to share your opinions in the comment!
Happy Trading 😊
Trend of DYDXUSDTIt is located in a triangle. The yellow lines are suitable for stepping. If the upper side of the triangle is broken, the goals are achievable.
DYDX Potential MoveWe can see three H&S Patterns so far and a pullback from distribution range, Expecting it to visit the grey box towards $12 which will act as head of the pattern for reversal.
