DYDX Swing long
Updated
Monthly
Previous monthly candle closure at 12.554, so price must hold 12.50 to keep upside odds alive.
[b}Weekly
Potential double bottom forming in confluence with RSI. Neckline needs to be broken to confirm pattern though.
Invalidation will be a daily Daily closure under 12.5.
dca
Previous monthly candle closure at 12.554, so price must hold 12.50 to keep upside odds alive.
[b}Weekly
Potential double bottom forming in confluence with RSI. Neckline needs to be broken to confirm pattern though.
Invalidation will be a daily Daily closure under 12.5.
dca
Comment
On DEC 03 the daily candle closed below 12.500. Invalidating our setup. This was followed by BTC weakness and an overall market correction. Comment
This token is in price discovery to the downside. It becomes highly attractive to me at $5. Will wait to see what comes
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