DYM / TetherUSUpdated looks DYM is bearish in the medium term (12H)
We had a downward move, followed by a pause, and then the price is continuing to decline. When the bottom of the green box at $0.963 is broken with a daily candle, we will have further confirmation.
These fractals can be labeled as ABC waves.
However, for those looking for sell/short positions, the red box can be a potential zone to consider. The closing of a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
These fractals can be labeled as ABC waves.
However, for those looking for sell/short positions, the red box can be a potential zone to consider. The closing of a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
After hitting the red box, it dropped more than 67%.
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.