#DYDXUSDT
$DYDX is trading inside a descending parallel channel and try to break out from middle line. if price success to break out the middle line which is the same with a resistance zone and then upper line of parallel channel (that's too much) then price will head up toward $32 and $34
but I think it is possible that price drop more to touch the support zone around $17.8 that is the same with long term ascending support line,and then a strong rally to $32.
$DYDX is trading inside a descending parallel channel and try to break out from middle line. if price success to break out the middle line which is the same with a resistance zone and then upper line of parallel channel (that's too much) then price will head up toward $32 and $34
but I think it is possible that price drop more to touch the support zone around $17.8 that is the same with long term ascending support line,and then a strong rally to $32.
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Related publications
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.