DYDX Recently bounced of important support and broke a downwards trendline. This shows clear bullish priority and has potential to fill the previous wick at 4.25.
Key points
- Keep in mind that BTC is at resistance and could drop, which would make this idea invalid
- Find entry around 3USD
- Could retest the trendline again, failure to close above would invalidate it.
- low leverage MAX 5
Key points
- Keep in mind that BTC is at resistance and could drop, which would make this idea invalid
- Find entry around 3USD
- Could retest the trendline again, failure to close above would invalidate it.
- low leverage MAX 5
Comment:
Facing resistance at 3.382 could retest the trendline before going up again
Trade closed: stop reached:
Market is turning bearish. HIT SL.
Trade active:
Re-entered after second wick to 2,9
Trade closed: target reached:
TP 1 HIT close 50% and move SL. Looking for the final TP if btc holds up