DYDX USDT , DYDX the DEX Coin Will Touch Double Digits!?
DYDXUSDTDYDX was in MARK DOWN Phase from very long time and entered in an accumulation range and now moving for a MARK UP Phase.
Being A Pure Technical Analyst..Let's Move Straight To The Charts!
DYDX on Higher Timeframe was in accumulation(261 days) from long time and just broke out few weeks ago.
Right Now it tested on that range high in the form of a Bull flag which is meant to be bullish for its price action and should start a rally in next few days
If you are looking for Entries, then on lower time frame if DYDX retraces to 2.7-2.9$ can be good entry for you to hold for high time frame play
First Target Would be 3.9$
Second Target Would be 6.5$
Third Target Would be 10$
4$ has strong resistance..it can take multiple tries to break that
Okay so That's it for DYDX
Hoping you liked the analysis :)
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