LINK - DYDX - SUSHI || Coincidence? I don't think so
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my trading plan / routine, I update my charts and alerts every Sunday night to be ready for the upcoming week.
Tonight, while going over all the charts, I noticed that these there assets / tokens are forming similar price action.
LINK - DYDX - SUSHI || Weekly Chart:
After rejecting a support zone and round number, these three have been stuck inside a range in the shape of a double bottom pattern.
🏹For the bulls to take over long-term, we need the double bottom pattern to get activated by a momentum candle close above its neckline in gray.
Meanwhile, until the bulls take over, we would be stuck inside the range.
📚 We know that the entire crypto market is correlated in a way or another, but these three took my attention as the similarity is huge.
what do you think? is it a coincidence? are these three somehow related?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
As per my trading plan / routine, I update my charts and alerts every Sunday night to be ready for the upcoming week.
Tonight, while going over all the charts, I noticed that these there assets / tokens are forming similar price action.
LINK - DYDX - SUSHI || Weekly Chart:
After rejecting a support zone and round number, these three have been stuck inside a range in the shape of a double bottom pattern.
🏹For the bulls to take over long-term, we need the double bottom pattern to get activated by a momentum candle close above its neckline in gray.
Meanwhile, until the bulls take over, we would be stuck inside the range.
📚 We know that the entire crypto market is correlated in a way or another, but these three took my attention as the similarity is huge.
what do you think? is it a coincidence? are these three somehow related?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Made Simple; and Rule-Based
RichTL.com
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RichTL.com
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker
cutt.ly/TickmillReal
Best Crypto Exchange
coincall.com/r/thesignalyst
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