I believe in DYDX, why? Because of this alt-season (before or after halving), DEX (decentralized exchanges) are going to be under more attention.
The price has reached an important level and now there is a possibility that the price will return to the support zone.
After the price reaches the specified support level, the price can return to the bullish rally.
Below the level of $3.05, the scenario of a price return to an upward rally will fail.
The divergence of the indicators is shown in the chart.
โ๐ฅIf you are satisfied with my analytical content, please share my ideas๐ฅโ โ๐ฑโ๐คOtherwise, make sure you leave comments and let me know what you think.๐ฑโ๐คโ ๐พThank you for your support. I hope you will gain profit by following my analyses.๐พ
์กํฐ๋ธ ํธ๋ ์ด๋
DYDX touched the support area.๐ฅโ Price can retest the $3.48.๐ฑโ๐คโ
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
Based on the previous analysis, the price followed the predicted path.โ๐ฏ The future of the price now depends on the behavior of Ethereum and the dominance of Bitcoin, if the price stabilizes above the level of $3.6, the upward path will proceed to the higher level of the pitchfork.โ In the opposite scenario, the price returns to the red zone.โ
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
According to the predicted scenario, the price returned to the red zone after failing to stabilize above the $3.6 level.โ๐ฏ Further, if the price does not receive proper support around the current level, the bearish scenario will continue to around $3 level.โ
๊ฑฐ๋์ฒญ์ฐ: ํ๊ฒ ๋ฟ์
Heavy Demand Area reached.โ๐ฏ Wait for new Serial analysis on DYDX.โ