Technical analysis by SynergyTradingSetups about Symbol DYDX: Buy recommendation (2/9/2024)

Hard target of 7.2$. First TP level of 4.3$. Invert the chart and see the full argument, as below:Comment: Unbelievably perfect back check of 2.775 before this good push - Key levels of significance!Comment: Although this one is taking long. The entry was pinpoint perfect and we are positioned perfectly for further upside.Comment: Great backtest of 3.2 yesterday. Levels playing out perfectlyComment: First tp hit and small profits taken as always. We are killing this market - 6x our portfolio in the past month!!Comment: Theres a reason profit levels are set, no matter how bullish we are. Above 3.2 we continue being bullishComment: We broke the first level of support - 3.2, so now we expect a return to 2.7ish. This does not invalidate the bigger structure, we just need to put in this higher low- STILL BULLISH