DYDX - Structurally Sound
DYDX is beginning to look very good on the weekly. Here are some key indictors that could point to dydx finding a low soon.
-0.618 of current trend was just tested
-Close to lower band of support (price could visit $2 if 0.618 does not hold)
-Weekly RSI uptrend structure still holding (green circles)
-Lower timeframes creating bullish divergences
-Currently testing 1D 200 MA
-Currently testing 3D 100 MA
-Currently testing 1W 100 & 50 MA
-0.618 of current trend was just tested
-Close to lower band of support (price could visit $2 if 0.618 does not hold)
-Weekly RSI uptrend structure still holding (green circles)
-Lower timeframes creating bullish divergences
-Currently testing 1D 200 MA
-Currently testing 3D 100 MA
-Currently testing 1W 100 & 50 MA
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