Dydx (DYDX): Touching 200EMA / Possible Rejection

2024年8月19日

Dydx has yet again reached the 200 EMA zone, where historically we have been getting nice rejections and a start for further downward movement.

If we see a nice rejection and price will not break that line there, we should see a nice downward movement from here!

Swallow Team

2024年8月20日

註釋

Dydx has made a nice rejection so far, showing us a demand for downward movement here.

We are looking now for that 100EMA to be fully broken and secured and then a nice downward movement should occur!

2024年8月21日

註釋

Dydx has to break the sharp trend we have in the 4-hour timeframe.

After getting a nice rejection from 200EMA, we are now seeking a break of trend that would leave a price in a free fall zone!

2024年9月19日

註釋

After breaking the trend line, we had a nice downward movement where price reached our target zone and resulted in 20% of market price movement!