Yes, it is dull to make predictions, so I will make one.
DYDX USDT
First the last drop of the cycle -50%
Then moon
Something like this
This post is for entertainment only.
The information provided here is for general informational purposes only and does not constitute financial, investment, or other professional advice. Always seek the guidance of a qualified financial advisor before making any financial decisions. Past performance does not guarantee future results, and any investment involves risks. We are not responsible for any actions taken based on this information."
DYDX USDT
First the last drop of the cycle -50%
Then moon
Something like this
- Start $0,5 -> $2,5
- Reversal $2,5 -> $1
- Extension $1 -> $10
- Reversal $10 -> $5
- End $5 -> $55
This post is for entertainment only.
The information provided here is for general informational purposes only and does not constitute financial, investment, or other professional advice. Always seek the guidance of a qualified financial advisor before making any financial decisions. Past performance does not guarantee future results, and any investment involves risks. We are not responsible for any actions taken based on this information."
Note
Some bad news tor the crypto industry appeared this week. - The European Central Bank plans to eliminate Bitcoin and they usually do not joke around
- Jerome Powell's anticipated rate cuts led to an increase in interest rates not the opposite
- The DXY is climbing to new highs which is (usually) bearish for crypto
- This all is pointing to the downside for BTC and for sure for any Altcoin like DYDX USDT
As we anticipated another drop is coming for DYDX, confirmed by falling below the $1 mark. We should not buy into the falling knife and stay on the side lines until the bloodbath is over.
Trade active
After the Trump Pump in November, some altcoins like DYDX have lost more than 80%. DYDX also has reached our final target of $0.5 and it is now time to start accumulating. I expect up to four months sideways price action before we can take off to new heights in early summer. As always: This is not financial advise – stay nimble and manage your risk. Trade closed: target reached
The charts look like they enter / continue the bear market. Both Altcoins and BTC lack serious open interest to move higher atm. Unfortunately. I will wait until I see a better global outlook and higher highs on the price charts to consider investing again. Trade closed. 
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.
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.