Short
Dydx (DYDX): Touching 200EMA / Possible Rejection
Dydx has yet again reached the 200 EMA zone, where historically we have been getting nice rejections and a start for further downward movement.
If we see a nice rejection and price will not break that line there, we should see a nice downward movement from here!
Swallow Team
If we see a nice rejection and price will not break that line there, we should see a nice downward movement from here!
Swallow Team
Note
Dydx has made a nice rejection so far, showing us a demand for downward movement here.
We are looking now for that 100EMA to be fully broken and secured and then a nice downward movement should occur!
Note
Dydx has to break the sharp trend we have in the 4-hour timeframe.
After getting a nice rejection from 200EMA, we are now seeking a break of trend that would leave a price in a free fall zone!
Note
After breaking the trend line, we had a nice downward movement where price reached our target zone and resulted in 20% of market price movement!
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
💎 Telegram:
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
t.me/+fiEDSn7M9pJkODA0
🌎 Website:
swallowteam.com/
🚨Years on charts build the habit of sensing psychological market direction. So far working :)
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.