Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
Here we have R3 and R1 as our resistance areas that both represent the disability of the price in order to rise. R2 used to be a support area and S1 is our support area at the bottom of chart. Presently, we have the fluctuation of price below R1 and we predict two options will happen for it. Either it will give us some rising signs and we observe the rise of price over R2 and up to R3. Or the price will lose the support at the current point and will experience a decline toward S2. Note that the confirmation candles must be taken into account for logical trades.
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
Here we have R3 and R1 as our resistance areas that both represent the disability of the price in order to rise. R2 used to be a support area and S1 is our support area at the bottom of chart. Presently, we have the fluctuation of price below R1 and we predict two options will happen for it. Either it will give us some rising signs and we observe the rise of price over R2 and up to R3. Or the price will lose the support at the current point and will experience a decline toward S2. Note that the confirmation candles must be taken into account for logical trades.
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
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.
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.