DYDX may continue to rise according to the cup handle structure

🧠As we mentioned in the previous post, our pullback may be over and we are in the middle of a rally driven by the bottom double bottom long structure. In the 15m chart, we have successfully broken through an important inflection point to form a cup handle bullish structure, so the rally with the long structure as support should be very efficient.

⚠️Note that this bullish view will be invalidated if our long defensive point is broken.❌

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Trade closed manually

The bullish defensive point was broken, the cup-handle structure was destroyed, and the 15m bullish view was invalidated.

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