SaintJokel

dYdX (DYDX): Possible breakout!

SaintJokel Updated   
OKX:DYDXUSDT   dYdX/Tether
dYdX seemed to have formed a reversal pattern (from a descending triangle--normally bearish continuation) into an uptrend. Breakout has been confirmed on the retest on the hourly and almost 4h, but I suggest waiting for a double confirmation, see confirmation level, before entering this trade.

Any thoughts?

-If you agree with this, like and share.

Cheers.
Trade active
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.