Hi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with Bitcoin pair.
On a 4-hr time frame, DYDX has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hello friends!
As you can see in the chart,
DYDX is forming triple bottom and has come out of the wedge,
Can a rally be formed?
What is your opinion?
Good luck!
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.00015790).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DYDXBTC is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
dYdX starts to move in a bullish direction -with a buy signal
We can see (bellow) on smaller intervals, more bullish signals
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Today we have dYdX/BTC to talk about
Easier chart to analyze than the USDT pair, as we can identify our support and invalidation area better.
The bearish momentum has been stoped a week ago, and the new bullish wave is around the corner!
We bottomed out, made higher lows, and currently broke out of this pattern with some massive green candles.
I am aiming for...
