DYDX The coin to look out for juicy profit

12 Nov 2021

Dydx is the solid project around crypto ecosystem. The Dydx exchange has managed to over come uni and pancake the largest defi dex. With the 2nd layer protocol this exchange can compete with Binance , it has edge over it due to dex. The market cap of dydx is still very low under 1bn as compared to uni 15bn. Technical analysis indicates it is consolidating under resistance which is bullish sign, the more it consolidates the bigger the move will be. 4h is showing strong divergence. Third elliot wave can b commenced soon. It shakes out yesterday and many weak hands has escaped. Took the liquidity and sweep the lows.