Ladies and gentlemen... The signals are very clear and strong here, dYdX is no longer bearish. dYdX's downtrend is now over. It is time to celebrate because we are going full-time, big-time GREEN!
Here we can see mainly three signals:
1) Downtrend. The downtrend line from March 2024 has been broken in September 2024. DYDXUSDT is officially out of bearish territory.
2) All-Time Low. Before breaking this downtrend, dYdX produced a new All-Time Low and rounded bottom. This is a classic reversal signal.
3) Rising volume. We have the highest volume in a very long while. This breakout that is happening now is the real deal as it is supported by really high volume.
From current prices, we can easily see 140% growth in the coming weeks, with much more possible long-term. You can find more details on the chart.
Thank you for reading.
We are going big-GREEN!
The Altcoins market is heating up! (DYDXBTC can be found in the 'Related publications' below.)
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