analysis
DYDX/USDT/PERPETUAL/BYBIT/1H
In this time frame, the price has two upward trend lines, which managed to break one of its fan lines.
And according to the second fanning trend line, we expect the price to be supported after hitting it and have an impulsive and kinetic movement until the resistance zone of $2.985. Price correction up to the 0.618 Fibonacci level, that is, we will have a support range of $2.680.
DYDX/USDT/PERPETUAL/BYBIT/1H
In this time frame, the price has two upward trend lines, which managed to break one of its fan lines.
And according to the second fanning trend line, we expect the price to be supported after hitting it and have an impulsive and kinetic movement until the resistance zone of $2.985. Price correction up to the 0.618 Fibonacci level, that is, we will have a support range of $2.680.