DyDx chart is looking good.
On 3D timeframe StochRSI is high - good momentum is building up
RSI started to make higher low
Price is testing 21MA and should break it soon
Also bullish divergence on RSI
1st impulse could be to 4-6$ region with huge correction afterwards.
Later in summer probably will see rise to 17$+
On 3D timeframe StochRSI is high - good momentum is building up
RSI started to make higher low
Price is testing 21MA and should break it soon
Also bullish divergence on RSI
1st impulse could be to 4-6$ region with huge correction afterwards.
Later in summer probably will see rise to 17$+
Trade closed manually
Watching the price i came to a conclusion that final bottom is not ready yet.I was expecting price above 2$ by end of May but price didn't even break 1$.
I will be selling it with ETH when it reaches 2800$ in coming 2 weeks.
Probably price of Dydx will be around 1 - 1.4$
RSI seems to drop even lower in June.
In coming market crash in June Dydx may drop as low as 0.2$
Later in summer targets for growth stays the same. I will create new idea when its ready.
Note
Short-term targets to take profits are between 1.3$ and 1.6$
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.