DYDXUSD is Bullish
Updated
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
Note
Facing resistance at 3.382 could retest the trendline before going up againTrade closed: stop reached
Market is turning bearish. HIT SL.Trade active
Re-entered after second wick to 2,9Trade closed: target reached
TP 1 HIT close 50% and move SL. Looking for the final TP if btc holds up
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.