💎 Paradisers! Keep your eyes on #DYDXUSDT as it shows promising signs of a bullish continuation from the demand zone.
💎 Our detailed analysis of the price action indicates that #DYDX is closely adhering to a descending channel trajectory. We anticipate that the price will soon break above this level, likely when it reaches the demand zone at $1.650. If it successfully breaks out and maintains momentum above the EMA 100, we expect a strong bullish push towards the next supply area.
💎 The bullish journey is projected to kick off once the price surpasses the supply area at $2.304 and continues its upward momentum. However, it's essential to consider alternative scenarios: if $CRYPTOCAP:DYDX fails to break through the descending channel and supply area, and instead falls below the demand zone, we could see a significant price decline.
MyCryptoParadise
iFeel the success🌴
💎 Our detailed analysis of the price action indicates that #DYDX is closely adhering to a descending channel trajectory. We anticipate that the price will soon break above this level, likely when it reaches the demand zone at $1.650. If it successfully breaks out and maintains momentum above the EMA 100, we expect a strong bullish push towards the next supply area.
💎 The bullish journey is projected to kick off once the price surpasses the supply area at $2.304 and continues its upward momentum. However, it's essential to consider alternative scenarios: if $CRYPTOCAP:DYDX fails to break through the descending channel and supply area, and instead falls below the demand zone, we could see a significant price decline.
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.