#DYDX ANALYSIS
DYDX is on a downtrend forming a descending channel on a daily timeframe , it is yet to make a new low neither is there any divergence on the indicator for reversal.
However, the Stochastic RSI is at oversold region signaling buy.
You can bag some at the support level and set a tight stop loss below it or wait for a divergence to occur.
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Old resistance new support for SOL Solana / USD FTX:SOLUSD spadeanalytics Nice to see this old resistance (purple) act as support now and keep us above 100 for now. This looks very constructive to keep […]
IOTAUSDT IOTA / TetherUS BINANCE:IOTAUSDT Bibres2003 DISCLAIMER: This is not financial advice! This is an opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage […]