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...
Seeing 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
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