DYDXUSDT
Updated
Hello Dear friends
So far, according to the analysis, it has performed well.
If the current trend can be above the $3.31 range, the possibility of the upward trend will be strengthened to higher areas.
But keep in mind that the probability of reaction to this range is high. If the range of $3.31 is not consumed, we have a higher probability of forming a corrective trend similar to the red scenario.
If the bullish trend is above the $3.31 range, the possibility of completing a double bottom pattern on the weekly time frame is strengthened.
We would be happy to hear your comments
So far, according to the analysis, it has performed well.
If the current trend can be above the $3.31 range, the possibility of the upward trend will be strengthened to higher areas.
But keep in mind that the probability of reaction to this range is high. If the range of $3.31 is not consumed, we have a higher probability of forming a corrective trend similar to the red scenario.
If the bullish trend is above the $3.31 range, the possibility of completing a double bottom pattern on the weekly time frame is strengthened.
We would be happy to hear your comments
Trade active
The yellow area was completely consumed, but our bullish trend failed to break above the $3.3 range according to the analysis. As a result, we don't have a view to form an increasing trend at the moment.
Trade active
So far everything has progressed according to analysis.If the upward trend can reach $2.219, the possibility of advancing to the yellow range and reacting again and continuing the downward trend will be strengthened.
But you should keep in mind that there is a high probability of reacting to the $2.219 area and continuing the downward trend from this range
Trade active
Trade closed: target reached
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