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DYDX / TetherUS

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DYDXUSDT trade ideas

DYDXUSDTHello Dear friends So far, according to the analysis, it has performed well. If the current trend can be above the $3.31 range, the possibility of the upward trend will be strengthened to higher areas. But keep in mind that the probability of reaction to this range is high. If the range of $3.31 is not consumed, we have a higher probability of forming a corrective trend similar to the red scenario. If the bullish trend is above the $3.31 range, the possibility of completing a double bottom pattern on the weekly time frame is strengthened. We would be happy to hear your comments
by FiboTech
4
DYDXUSDT ABCDThe ABCD is a basic harmonic pattern. All other patterns derive from it. The pattern consists of 3 price swings. The lines AB and CD are called “legs”, while the line BC is referred to as a correction or a retracement. AB and CD tend to have approximately the same size. A bullish ABCD pattern follows a downtrend and means that a reversal to the upside is likely. A bearish ABCD pattern is formed after an uptrend and signals a potential bearish reversal at a certain level. The rules for trading bullish and bearish ABCD patterns are the same, you will just need to take into account the direction of the pattern you trade and the movement of the market it predicts. Likes and comments if you have questions! 🍌 Thanks!
by UnknownUnicorn38199698
1