#DYDX
The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting some upward movement.
The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart.
There is initial support at 0.1066 acting as a primary support zone.
A key support zone (marked in green) exists at 0.1000; the price has rebounded from this area multiple times, making it a strong support level.
The price is moving toward the 100-period moving average—a level we are currently approaching—which supports a potential rise.
Entry Price: 0.1129
Target 1: 0.1155
Target 2: 0.1184
Target 3: 0.1224
Stop Loss: At the green support zone.
Remember this simple rule: Capital management.
If you have any questions, please leave a comment.
Thank you.
The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and is poised for a rebound. A retest of this boundary is expected, supporting some upward movement.
The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart.
There is initial support at 0.1066 acting as a primary support zone.
A key support zone (marked in green) exists at 0.1000; the price has rebounded from this area multiple times, making it a strong support level.
The price is moving toward the 100-period moving average—a level we are currently approaching—which supports a potential rise.
Entry Price: 0.1129
Target 1: 0.1155
Target 2: 0.1184
Target 3: 0.1224
Stop Loss: At the green support zone.
Remember this simple rule: Capital management.
If you have any questions, please leave a comment.
Thank you.
Anmerkung
#DYDX
Target 1: 0.1155 Reached
Target 2: 0.1184 Reached
Target 3: 0.1224 Reached
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📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+5q-wUc9Nae8wMjRk
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+5q-wUc9Nae8wMjRk
📌 We're open to Promotions, Ads & Partnerships: ☎️ t.me/CryptoAnalystsignal
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
