Technical analysis by Decrazer about Symbol DYDX: Buy recommendation (4/29/2023)
https://sahmeto.com/message/149652
Decrazer
Rank: 7712
Analytical Power:
1.5

DYDX Bullish Broadening WedgeLooking 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.Comment: Just had a breakout out of the wedge, we also retested it on the 4h. Looking very bullish, Im expecting more upside movement to comeComment: Seems like the first breakout was a bull trap. We are now breaking out again, lets see how it goes
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