DYDXUSD forms a strong momentum from the local bottom at 1.4633. The price reaches the channel resistance 1.7546, after a false breakdown of the upper boundary the price moves into the consolidation phase.
The price enters the risk zone, if the DYDX overcomes the zone of 1.73, the potential to 1.819 - the peak of the volume according to the profile of the indicator will open. At the moment, the coin shows a confident growth mood.
But, provided that the price forms a pullback and returns to the channel resistance and consolidates under the upper boundary, the price will continue to be in this range, in which case the price can fall to 1.4592
Regards to R. Linda!
The price enters the risk zone, if the DYDX overcomes the zone of 1.73, the potential to 1.819 - the peak of the volume according to the profile of the indicator will open. At the moment, the coin shows a confident growth mood.
But, provided that the price forms a pullback and returns to the channel resistance and consolidates under the upper boundary, the price will continue to be in this range, in which case the price can fall to 1.4592
Regards to R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.