DYDX / TetherUS
Long
Aktualisiert

#DYDXUSDT Breakout from Falling Wedge |

94
#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.
Trade geschlossen: Ziel wurde erreicht
Snapshot
Anmerkung

#DYDX

Target 1: 0.1155 Reached
Target 2: 0.1184 Reached
Target 3: 0.1224 Reached

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