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dydx at breakout point grafika numer 1dydx at breakout point grafika numer 1

We have DYDX in a descending channel. We also have an inner trendline serving as support for the price movement. I expect the price to retrace back to this trendline before takeoff out of the trendline.

But if price should break the inner trendline downward, then price will fall more.

What do you think?

Share your opinion in the comment section

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Peter Adepoju

Peter Adepoju

Peter Adepoju is a certified Accountant. A full time Forex/Crypto Trader & Market Analyst. 
 
He is known for forecasting correct and up-to-date insights and analysis on various coins and tokens in the cryptocurrency market. 
 
Peter trains newbies from scratch to expert level in technical analysis. He also provide regular analysis and signals with best entry and exit prices to individuals and corporate entities across Africa, Europe, Asia, and the world at large. 
 
Peter is also a Top author on Tradingview platform identified as PetrockFxTrading


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