DYDX - Fear before unlock

25 Jan 2023

DYDXUSDT



DYDX and upcoming 15% total supply unlock.
Psychology of retail investors always the same! Now everyone see the unlock date and ready to sell their coins because majority think in a same day all funds drop the price. But usually it works in opposite way.

To sell big amount of coins funds and earlier investors need liquidity, so they will sell it step by step.
Now ill not be impress if we will see some big media posts about DYDX and future of this DEX. So after
over 250 days in a range everyone who want it accumulate a lot.

Possible Targets and explanation idea
➡️By ADZ big players accumulate a lot on Weekly timeframe and we can see huge divergency.
➡️ Long time period accumulation in a range.
➡️We got FVG on monthly timeframe in red block zone (full fill will be exactly at 0.23 level by FIb)
➡️We trade in a range exactly at -0.27 zone
➡️3rd Feb day of 15% unlock. But we hypothetically can see moves where funds start sell at 4, 6, 10$ in 3 waves

Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!

✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.