DYDX / TetherUS
Long

What if...

648
What if instead of a 6-12 months long bull market instead we see a 2-3 years long bull market? What if...

Instead of one big extended bullish wave we see slow and steady growth long-term, with no more huge crashes as the market evolves. This already happened in the past leading to the 2017 cycle top. The market grew in 2015, 2016, 2017...

Here we have DYDX producing lower lows. Maybe supply is expanding, maybe something with the way the token works, I don't know, the chart is showing lower lows, but this is still a transition period, other charts are producing higher highs and higher lows.

The recent drop below the lower trendline is called an "excess," a market excess and this type of move tends to be corrected almost right away. The action will move back above the trendline and then produce strong growth.

What if instead of a super fast and strong bull market we get a long-term drawn out one. The latter scenario would be the best. What if... I am open to seeing it happen, what about you?

Thank you for reading.

Namaste.

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.