Hello traders, DYDX is currently at the best price to buy, it has hit the Daily low again (1.8 - 2.0 )
I am expecting for a bullish trend again towards the high of 4.5 or maybe even breaking it to 7.0 - 7.5
enjoy trading!
12 he time frame
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DYDX is creating a long-term bottom structure, and if we can mark three resistance zones through Fibonacci Extension, that are 4.8~5.1 / 5.6~6 / 6.95. Also, DYDX is breaking out a triangle structure in lower time frame, which allow us to set up a trading plan that risk to reward ratio is almos 9.
TP: 4.8~5.1 / 5.6~6 / 6.95
SL: 2.7
Based on technical factors there is a Long position in :
📊 DYDXUSDT
🔵 Long Now 0.00
🧯 Stop loss 1.678
🏹 Target 1 2.300
🏹 Target 2 3.100
🏹 Target 3 3.750
💸RISK : 1%
We hope it is profitable for you ❤️
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