The bearish structure for DYDX continues as price spikes down from a strong triple bottom. The current weekly candle's close will be crucial:
Close below established bottom: Signals strong downward continuation
Close above: Potential for significant bullish reversal
Patience is key. Wait for candle close before making decisions. Chart shows both downside target and possible upside path. Like if you find this analysis helpful. Trade safely!
トレード稼働中
Sell-side liquidity has been swept, leading to a reversal in price action toward the upside. This appears to mark the start of a bullish move. Don’t miss the opportunity to accumulate positions.
ノート
Bullish confirmation is in place as the price has closed above the potential triple bottom. Attention should now shift to the buyback zone for re-accumulation opportunities.
ノート
DYDXUSDT begin next bullish phase and it is expected to end around $10.5