📈DYDX is going to retest or fall further📉

DYDXUSDT
DYDXUSDT

Hello traders.

I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention.
right now, there are 3 scenarios in front of the traders.
in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of the pitchfork.
in 3, due to the heavy sell pressure, the price can sorely decrease below the 3.498 level. In that case, the bearish target would be $3.153.

✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾

Trade closed: target reached

Scenario1

Note

If the price stabilizes below the fork, the price can drop to around $3,153.💥✌

Note

✍As we said before, the price is on a downtrend. Two pitchfork structures are ahead of the price, if the price breaks through the resistance zone, the bearish scenario is canceled and the bullish scenario is replaced. (If it happens, I'm going to update the analysis.)💥✌

Note

The specified target was achieved.✅
Next, we are now waiting for Bitcoin and the market to stabilize so that the situation calms down.
Follow us for further analysis.💥✌

CrazyS

🚀Free Exclusive positions and Crypto tracking💎:
📲 Telegram: t.me/CrazyS_Tradingview_Analysis

Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂

Also on:

Related publications

📈DYDX quick long-position📉

by CrazyS

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.

CrazyS

Also on:

Related publications

📈DYDX quick long-position📉

by CrazyS