DYDX / TetherUSUpdated 4h dxdy analysis (harmonic and classic patterns + price action)
DXDY has been on an ascending channel for about almost 3 weeks, there is a nice bearish Gartley pattern in the chart and the price has reached the prz. It has also coincided with the channel resistance; furthermore, it's visible that the buyers are weakened in the last increasing movement. I'm waiting for divergence and a breakout in the minor classic ending pattern to enter the short position.
Note
sry I meant bearish crab*
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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.