đź’Ž DYDX's market performance has recently been in the spotlight. Presently, DYDX has impressively broken out of a falling wedge pattern, indicating bullish momentum for its upcoming movements.
đź’Ž The price is currently in a retesting phase at the trendline, and there's a strong probability that it may bounce back, resuming its upward trajectory towards our targeted bearish OB area.
đź’Ž However, if DYDX dips below the trendline again, it could be a sign of a false breakout, which might lead to a reversal in its trajectory towards the support level at 2.25.
đź’Ž The support level at 2.25 is a critical juncture for DYDX, given its history of being a strong point of resistance or support. If DYDX revisits this level, a bounce back would be essential to prevent a shift into a bearish trend. Failure to rebound from this support could mean a continued decline, potentially leading to even lower price levels.
đź’Ž The price is currently in a retesting phase at the trendline, and there's a strong probability that it may bounce back, resuming its upward trajectory towards our targeted bearish OB area.
đź’Ž However, if DYDX dips below the trendline again, it could be a sign of a false breakout, which might lead to a reversal in its trajectory towards the support level at 2.25.
đź’Ž The support level at 2.25 is a critical juncture for DYDX, given its history of being a strong point of resistance or support. If DYDX revisits this level, a bounce back would be essential to prevent a shift into a bearish trend. Failure to rebound from this support could mean a continued decline, potentially leading to even lower price levels.
Want to trade like a PRO without the 15+ year learning curve?
đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Want to trade like a PRO without the 15+ year learning curve?
đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
đź«łSteal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.