DYDX Correction ends?
Considering its a new listed coin on Binance, it had its jump to 27.86$, has been correcting since.
In 1H time frame showed a good rise from 17.64$ to 18.68$ .
There are many important resistances on its way up, if passes approx. 18.70 then 18.98,...
I believe coins meeting their ATH after fib 618 will go on a long correction journey.
My recommendation based on this analysis will be : can go for long if 18.70 passed and/or retested in 1H time frame,
I wouldn't though, If it can see 19.20 I will ride the way up.
In 1H time frame showed a good rise from 17.64$ to 18.68$ .
There are many important resistances on its way up, if passes approx. 18.70 then 18.98,...
I believe coins meeting their ATH after fib 618 will go on a long correction journey.
My recommendation based on this analysis will be : can go for long if 18.70 passed and/or retested in 1H time frame,
I wouldn't though, If it can see 19.20 I will ride the way up.
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