DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
In the current chart, R3 used to a support area. R2 is the resistance area which contains the unsuccessful attempts of price to rise. R1 and S1 are defined in a 4-hour time frame and are the resistance and support areas respectively. S2 used to be a resistance line. And S3 and S4 are our support areas with their well support of price at several points. Presently, the price was able to have a noticeable rise and could break S1 upward and now it is fluctuating below R1. We will predict it to give us two options here. In case the price is capable of providing some rising signs, more increase is waiting for it to touch R2 or R3. Or even by receiving some confirmation candles for the purpose of a decline, more fall would take place for the price downward to lower amounts. We recommend you to have every piece of information and idea via our analyses for receiving more profitable trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
