DYDX / TetherUS

Short

DYDX: Bearish divergence everywhere

Updated

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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