DYDX Correction ends?
Considering its a new listed coin on Binance, it had its jump to 27.86$, has been correcting since.
In 1H time frame showed a good rise from 17.64$ to 18.68$ .
There are many important resistances on its way up, if passes approx. 18.70 then 18.98,...
I believe coins meeting their ATH after fib 618 will go on a long correction journey.
My recommendation based on this analysis will be : can go for long if 18.70 passed and/or retested in 1H time frame,
I wouldn't though, If it can see 19.20 I will ride the way up.
In 1H time frame showed a good rise from 17.64$ to 18.68$ .
There are many important resistances on its way up, if passes approx. 18.70 then 18.98,...
I believe coins meeting their ATH after fib 618 will go on a long correction journey.
My recommendation based on this analysis will be : can go for long if 18.70 passed and/or retested in 1H time frame,
I wouldn't though, If it can see 19.20 I will ride the way up.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.