Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
Based on our previous analysis on January 8, we expected a rise will happen in the coming days and presently we see the precise prediction of our team. Here we have R1 as the resistance area that expresses the price was not able to rise at different points. S1 used to be another resistance area. And at the bottom of the chart, S2 and S3 are our support areas which include the well support of price at several points. Hence, we have the price fluctuating below R1 and we expect it to have some rising signs and increase would be there for the price up to R1 or above that. Also, if the price loses the support at R1 or at its current point, a decline will be there for it to reach lower amounts such as S2. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
Based on our previous analysis on January 8, we expected a rise will happen in the coming days and presently we see the precise prediction of our team. Here we have R1 as the resistance area that expresses the price was not able to rise at different points. S1 used to be another resistance area. And at the bottom of the chart, S2 and S3 are our support areas which include the well support of price at several points. Hence, we have the price fluctuating below R1 and we expect it to have some rising signs and increase would be there for the price up to R1 or above that. Also, if the price loses the support at R1 or at its current point, a decline will be there for it to reach lower amounts such as S2. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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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.
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.