DYDX / TetherUSLong
Alikze »» DYDX | Ready to break the congestion
🔍 Technical analysis: Ready to break the congestion - 1W
📣DYDXUSDT is in a consolidation on the weekly timeframe.
🟢 In the previous uptrend, it moved to the neckline, after which it faced selling pressure.
🟢 At present, the recent correction could be a pullback to the swing, and in the green box area, it could meet demand, break out of the consolidation and continue its growth to the next supply area.
🟢 In the event of any pullback to the next supply area, the bullish rally could continue to the next supply area.
💎 In addition, any correction should not be sharp and abrupt, and if the correction appears as a multi-wave zigzag, it can continue its growth to the next supply area.
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
📣
DYDXUSDT is in a consolidation on the weekly timeframe.🟢 In the previous uptrend, it moved to the neckline, after which it faced selling pressure.
🟢 At present, the recent correction could be a pullback to the swing, and in the green box area, it could meet demand, break out of the consolidation and continue its growth to the next supply area.
🟢 In the event of any pullback to the next supply area, the bullish rally could continue to the next supply area.
💎 In addition, any correction should not be sharp and abrupt, and if the correction appears as a multi-wave zigzag, it can continue its growth to the next supply area.
»»»«««»»»«««»»»«««
Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future.
Thanks for your continued support.🙏
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
Related publications
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.