(translation of video )
Assalam o Alaikum, Friends
Lets talk about dydx in this video. for c98 see my previous video.
Please subscribe this channel and like or dislike the video and let me know your thoughts in comment. Also note that this is not a financial advice, this is totally my opinion based on charts. You do your own research also.
Lets talk about dydx. According to 4H chart we have to check what dydx do in next 16H. As you can see dydx has break out and also retraced. Now if it close its next resistance. Breaking this resistance can take it to 20$ if it close above 15.6$ with volume.
As you can see the volume is going up slowly and gradually. Now if bitcoin pump then this will follow. Also this is following W pattern and this can hit 14.7$ and by extending its W pattern then it can go up to 17.
This coin is a future coin keep an eye on it.
As you can see that doge coin is pumped which is a meme coin, but investors made it how big. But this coin has strong fundamentals, I saw this coin has great future and you will see it in top 100 cryptocurrencies in future. This is a long term hold not urgent.
For now its is facing resistance, which is 13.7, it tried to breakout but if it close to 15.6 then it will be bullish. I entered at 11.7 almost and now waiting for its breakout. If it broke 15.6 then i will hold till $20.
Please do put stop loss for it as its previous lower low, as market is volatile. This is must for all new or pro trades also. Based on recent candles, it is ready to get pumped. I am bullish on this still, if bitcoin behaves then this will complete its W pattern.
Please share this video to get me to 500 subscribers and take care. Stay safe and trade safe.
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