dYdX / Tether US
Long

DYDX - Double Bottom's Neckline Broken 👌

1 518
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

DYDX has been one of the most gainers throughout January with over 200% move.

DYDX broke a yearly range in the shape of a double bottom in blue, confirming a long-term shift in momentum to bullish.

🏹 The bulls already took over by breaking above the upper blue neckline.

As per my trading plan, as DYDX retests the zone, I will be looking for buy setups on lower timeframes to catch the next impulse movement upward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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