DYDX Bullish Broadening Wedge
Updated
Looking at the daily chart we can see that a broadening wedge pattern has formed which is very bullish for DYDX.
If you zoom out on the weekly you can also see a triple bottom from which we've just retested the neckline.
Overall I'm expecting some bullish moves from DYDX in the next coming weeks.
If you zoom out on the weekly you can also see a triple bottom from which we've just retested the neckline.
Overall I'm expecting some bullish moves from DYDX in the next coming weeks.
Note
Just had a breakout out of the wedge, we also retested it on the 4h.Looking very bullish, Im expecting more upside movement to come
Note
Seems like the first breakout was a bull trap.We are now breaking out again, lets see how it goes
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.