"CFX/USDT Long Setup: Bullish Breakout from Falling Wedge Patter
Trade Setup for #DYDX/USDT: Long Position
Analysis:
DYDX has broken out of a falling wedge pattern, indicating a potential upward trend.
The current price (CMP) serves as the entry point.
The breakout is being retested, suggesting a potential confirmation of the bullish move.
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $2.870
Targets:
$3.4
$3.9
$4.35
$5.2
$5,8
Stop Loss (SL):
Set the Stop Loss at $2.825 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
DYOR
Analysis:
DYDX has broken out of a falling wedge pattern, indicating a potential upward trend.
The current price (CMP) serves as the entry point.
The breakout is being retested, suggesting a potential confirmation of the bullish move.
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $2.870
Targets:
$3.4
$3.9
$4.35
$5.2
$5,8
Stop Loss (SL):
Set the Stop Loss at $2.825 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
DYOR
Note
Sorry for the error, guys It's #DYDX, not CFXTrade closed: stop reached
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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.
Register on WEEX and Blofin and trade with me: 👇
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
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.