DYDX Needs to Breakout!

DYDXUSDT

DYDX needs to breakout of level marked, on the 4h we have Bullish Divergence but it needs to engage.
Otherwise look for entry ideas at possible pullback zone.
Experienced traders could potentially short to the pullback zone via a Bearish Retest or "Dirty" Bearish Retest.

BTC currently sitting in a large Head & Shoulders so we build plans around such confluence.
But we move with an edge and not prediction.

Future markets open in about 3h 20m

Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.

Comment:

BTC still in massive Head & Shoulders and DYDXUSDT still trying to Breakout for upside targets to 3.2 levels.

On rejection play to possible pullback as area of value.

Remember, BTC is the ring leader and will drag the DYDXUSDT and other ALTS around.

DYDXUSDT 4h pattern for deeper insght:

Comment:

DYDXUSDT not broken out and provided interesting short entry on 4h.
Here is the 1D chart for a view to the pullback zone.

Comment:

DYDXUSDT 40% profits - not too shabby !!
BTC still in potential Head & Shoulders. This idea is available in my posts but this is a quick link to the chart: tinyurl.com/4fzast29

If you like these ideas AND updates - let me know.
Step by Step we EXECUTE our EDGE to WIN.