Hello Traders!
The DYDX completed the correction, the price returned to the trading range of $11.68 - $14.00.
At the moment, the price is testing the downtrend and trying to consolidate above the resistance level of $14.00
You may consider purchases between $13.05 & $14.25
It is better to place a stop loss below the level of $11.68 near the level of $10.50
Targets will be price levels of
$18,00
$21,45
$25,90
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
The DYDX completed the correction, the price returned to the trading range of $11.68 - $14.00.
At the moment, the price is testing the downtrend and trying to consolidate above the resistance level of $14.00
You may consider purchases between $13.05 & $14.25
It is better to place a stop loss below the level of $11.68 near the level of $10.50
Targets will be price levels of
$18,00
$21,45
$25,90
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
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.
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.