#DYDX/USDT Daily Chart Breaks Downward Triangle

Damn it, I can see this technical pattern even with my eyes closed! $DYDX

It is currently breaking through the daily level downward triangle consolidation range; this operation is simply textbook level.

To be honest, I had already reminded the group about this breakout signal, but how many people actually listened? Now that they see it has broken, they are starting to FOMO, which is typical retail behavior.

However, from a technical analysis perspective, this breakout does have substance:

- The daily level triangle convergence has completed

- Trading volume is starting to increase along with the breakout

- Bullish momentum is clearly strengthening

**Next comes the violent surge stage 🚀**

I am seriously optimistic about this bull market, but remember one thing: even when going long, you need to be smart; it's not about mindlessly throwing in everything. Set stop losses and build positions in batches; this is basic literacy.

Don't ask me why I'm so sure; I make my living in this market relying on these technical indicators. If you don't believe it, just wait and see DYDX's performance next!