TOOK 21.29% PROFIT FROM #DYDX AFTER ENTERING AT ITS ACCUMULATION PHASE
Taking a closer look at DYDX's buy orders. It will later on add more extremity the more it approaches the lower prices. Even when the crypto market turns short-term bearish. We will find more long opportunities and in the mean time, we will book all of the profits created from our long positions last month. It would be best to approach this altcoin with an accumulative outlook. Continuing our process of accumulating more bags for this altcoin will lead to an interesting outcome later on. This is more of a long-term prospect identification rather than a short-term Profit of 21.29% was earned from taking a long trade and a 1.63 risk-reward ratio was produced by this trade which makes it even greater.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
