#𝗗𝗬𝗗𝗫/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• If it breaks the trend line downwards at $2.17 we will then short our position.
Target - $1.6 - $1.8

• Avoid long position as of now.

#𝗗𝗬𝗗𝗫/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• Formation of a up side channel can be seen currently its ina falling state thus we will short our position.
Target - $1.594
Stoploss - $2.309

#𝗗𝗬𝗗𝗫/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• From the previous trade you would have gained good profit it had dropped 20% from our target, we will now wait for it to come back to it' support level i.e. $1, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $1.65

• We will avoid short position because it can bounce back any time due to formation of multiple support levels.

#𝗗𝗬𝗗𝗫/𝗨𝗦𝗗𝗧 𝟭 𝗗𝗔𝗬 𝗧𝗜𝗠𝗘 𝗙𝗥𝗔𝗠𝗘 𝗔𝗡𝗔𝗟𝗬𝗦𝗜𝗦
• From the previous analysis dydx has achieved its given target, formation of a red bearish candle at $1.58 then we will short our position.
Target - $1.

• If it gains a upward momentum from its support we will then long our position.
Target - $2.16