In short term: I short DYDX from 2.44 as there is bearish divergence everywhere and generally whole market has dropped around 10% while DYDX remained strong, so I think it is time to drop up to 30% from here before any leg up, nothing goes straight upward to the moon. My targets are : 2, 1.85 and 1.7. my SL is 1.6
Note
First and Second Targets reached. 25% of profit.Trade closed: target reached
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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.