$DYDX - sitting on the IMPORTANT level
Hello my Fellow TraderZ,
DDYDX 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!!!
DDYDX 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!!!
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.