dYdX (DYDX) Buy Zone

23 Feb 2022

dYdX (DYDX) Buy Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish

Risk : Medium

Spot and Low-Leverage dYdX that retested its $5.25 zone. Support before rejecting it with strength, meaning we could be heading towards our formed long-term highs in a matter of months.
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DDYDX/USDT LONG SETUP
Leverage : x3 - x5

Entry Price : 5.25 - 5.6

TP 1 : 5.75
TP 2 : 5.98
TP 3 : 6.25
TP 4 : 6.43
TP 5 : 6.6
TP 6 : 7
TP 7 : 7.8
TP 8 : 8.55

Stop Loss : 5

*Maximum 5% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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