DYDX Bulls on the Move! ð Keep an Eye on the Breakout ð
ð DYDX is currently displaying a bullish market structure and forming a cup and handle pattern, which suggests an increased likelihood of a bullish move.
ðIf DYDXUSDT breaks above the resistance area, we can anticipate a bullish movement towards the next resistance level. In the event of a pullback, we can anticipate a bounce from the bullish OB. Confirmation of this bounce would be provided by bullish candlestick patterns.
ðHowever, if the price breaks down below both the bullish OB and the demand area, it would signify a shift to a bearish market structure. In such a scenario, it would be prudent to refrain from trading DYDX until clearer price action forms.
ðIf DYDXUSDT breaks above the resistance area, we can anticipate a bullish movement towards the next resistance level. In the event of a pullback, we can anticipate a bounce from the bullish OB. Confirmation of this bounce would be provided by bullish candlestick patterns.
ðHowever, if the price breaks down below both the bullish OB and the demand area, it would signify a shift to a bearish market structure. In such a scenario, it would be prudent to refrain from trading DYDX until clearer price action forms.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
JOIN FREEð t.me/+IaNzEzXsdiBlNDg0
ðïļOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ð shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
JOIN FREEð t.me/+IaNzEzXsdiBlNDg0
ðïļOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ð shorturl.at/ikpAV