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DYDX / TetherUS
Long

📈DYDX is going to retest then start rally📉

By CrazyS
Updated
DYDXUSDT
DYDXUSD

Hello traders.
  • I believe in DYDX, why? Because of this alt-season (before or after halving), DEX (decentralized exchanges) are going to be under more attention.
  • The price has reached an important level and now there is a possibility that the price will return to the support zone.
  • After the price reaches the specified support level, the price can return to the bullish rally.
  • Below the level of $3.05, the scenario of a price return to an upward rally will fail.
  • The divergence of the indicators is shown in the chart.


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✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Trade active
snapshot
DYDX touched the support area.💥✌
Price can retest the $3.48.🐱‍👤✍
Trade closed: target reached
snapshot
Based on the previous analysis, the price followed the predicted path.✌🎯
The future of the price now depends on the behavior of Ethereum and the dominance of Bitcoin, if the price stabilizes above the level of $3.6, the upward path will proceed to the higher level of the pitchfork.✍
In the opposite scenario, the price returns to the red zone.✍
Trade closed: target reached
snapshot
According to the predicted scenario, the price returned to the red zone after failing to stabilize above the $3.6 level.✌🎯
Further, if the price does not receive proper support around the current level, the bearish scenario will continue to around $3 level.✍
Trade closed: target reached
snapshot
Heavy Demand Area reached.✌🎯
Wait for new Serial analysis on DYDX.✍
altseasondydxdydxanalysisdydxforecastdydxlongDYDXUSDDYDXUSDTdydxusdtlongdydxusdtshortPitchforksSupport and ResistanceVolume
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