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.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.