DIA about to break out?I am hoping to see this daily candle wick back below the box and then a lower volume retest of the green line tomorrow, before a big push up with good volume.
The stop can be relatively tight here, so this is a great trade to take.
After the months of accumulation, we will hopefully pop quite high.
DIAUSDT
DIA Gaining Bullish Momentum So We Need To Find An EntryDIA is gaining bullish momentum and so far it has been respecting the trendline perfectly. You may draw a simple trendline and set your alerts on TradingView so if the price touches the trendline you may find your perfect entry within the price action. Otherwise, you may buy the breakout or the retest and let the price action run.
DIA ready to push on throughPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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DIA had a nice run in November and has now come in contact with the psychological resistance zone around $2. If we can hold the recent support levels - which I've drawn on the chart - I see DIA moving further up towards the $2.20 level, which also falls together with the first FIB level.
✳️DIA/USDT (31/10) #DIA $DIA #DIAUSDTDIA has returned to $1-1.05 zone as our previous analysis mentioned. We could buy DIA in this zone because there is a high possibility that DIA will increase strongly over the next few days. Targets should be 1.4 - 1.8 - 2.1$
We need to keep an eye on the $1.4 zone as this will be the most important resistance for DIA.
📈BUY- LONG Strategy
- Buy as close to $1-1.05 as possible, stoploss if 1D candle closes below this zone.
📉SELL-SHORT Strategy
- Sell at $1.35-1.4, stoploss if the 1D candle closes above this zone.
- Sell at $1.75-1.8 for some profit, stoploss if the 1D candle closes above this zone
- Sell at 2.05-2.1$, stoploss if the 1D candle closes above this zone
♻️BACK-UP Plan
- Buy at $0.8-0.85 if the 1D candle closes below $1, stoploss if the 1D candle closes below this zone