#dydx Almost touching fibo target 1.618 đđ
Let's see and wait what will happen next. Hopefully the resistance area that is currently being penetrated will successfully turn into a support area.
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LIVESC Channel
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Bullish
$DYDX in the 4 hour time frame appears to have a fairly strong support zone starting with the formation of a bullish engulfing on the previous decline (see green box below)
If the support area is strong, it is very likely that the price will continue to move up towards the 1.618 Fibo area
But you still need to be careful in the resistance area because this area has successfully rejected the price three times.
Just an opinion đđ #Dwyor
#Write2Earn
If the support area is strong, it is very likely that the price will continue to move up towards the 1.618 Fibo area
But you still need to be careful in the resistance area because this area has successfully rejected the price three times.
Just an opinion đđ #Dwyor
#Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
DYDX
0.939
+4.33%
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