$DYDX - BULLISH DIVERGENCE
Hello my Fellow TraderZ,
Today we'll be talking about DYDX. We all know #DYDX is a Decentralized Exchange's native token. One of my favorites for the long term portfolio.
Here we see that in the recent pump price got rejected by the High Confluence Zone(containing TL1 + DESCENDING CHANNEL TL + HORIZONTAL RESISTANCE) and now back to its SUPPORT once again.
Clearly a BULLISH DIVERGENCE on 4HTF is easily visible and I personally very excited to take this Trade. Ofcourse we should not overlook #BTC as it is heavily co-related to SPX500 which is itself in bearish pressure due to FED's Hawkish Rate Hikes. But still keep DDYDX in eye .
Today we'll be talking about DYDX. We all know #DYDX is a Decentralized Exchange's native token. One of my favorites for the long term portfolio.
Here we see that in the recent pump price got rejected by the High Confluence Zone(containing TL1 + DESCENDING CHANNEL TL + HORIZONTAL RESISTANCE) and now back to its SUPPORT once again.
Clearly a BULLISH DIVERGENCE on 4HTF is easily visible and I personally very excited to take this Trade. Ofcourse we should not overlook #BTC as it is heavily co-related to SPX500 which is itself in bearish pressure due to FED's Hawkish Rate Hikes. But still keep DDYDX in eye .
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