$DYDX - sitting on the IMPORTANT levelHello my Fellow TraderZ,
$DYDX was an absolute Beast in this leg up. Broke out of the Months long Ranging Zone. Currently can say it is retesting the Breakout.
I always beleive MAs or EMAs act as the MAGNET. So, if the level gets break it would attract the price towards an important Confluence Zone ( Daily EMA 50 & 200 + TrendLine Support + FIB Golden Ratio ).
So, can place a bid around $1.9-2.0 as I am seeing a quick bounce in that area for quick 16-25% profit. Never forget SL.
CHEERS!!!
