DYDXUSDT: The Numbers That Could Redefine the Market - dYdX
◳◱ On the DYDXUSDT chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 1.8347 | 1.964 | 2.3073 and support near 1.4914 | 1.2774 | 0.9341. Entering trades at 2.2641 could be strategic, aiming for the next resistance level.
◰◲ General Information:
▣ Name: dYdX
▣ Rank: 139
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category / Sector: Financial - Decentralized Exchanges
▣ Overview: dYdX is a decentralized exchange built on the Ethereum network delivering key financial instruments to users such as perpetuals, margin and spot trading, as well as lending and borrowing. dYdX equips traders with off-chain order books with on-chain settlement and enables them to short-sell tokens, increase exposure by longing with leverage, or earn interest on deposited tokens to move quickly. dYdX leverages StarkWare's Layer 2 to eliminate the need to trust a centralized exchange while trading, and thus combines the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange.
◰◲ Technical Metrics:
▣ Current Price: 2.2641 ₮
▣ 24H Volume: 202,648,824.111 ₮
▣ 24H Change: 21.334%
▣ Weekly Change: 41.87%%
▣ Monthly Change: 123.08%%
▣ Quarterly Change: 159.42%%
◲◰ Pivot Points:
▣ Resistance Level: 1.8347 | 1.964 | 2.3073
▣ Support Level: 1.4914 | 1.2774 | 0.9341
◱◳ Indicator Recommendations:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Summary of Technical Indicators: BUY
◲◰ Sharpe Ratios:
▣ Last 30 Days: 7.69
▣ Last 90 Days: 3.14
▣ Last Year: -0.09
▣ Last 3 Years: 0.11
◲◰ Volatility Analysis:
▣ Last 30 Days: 1.25
▣ Last 90 Days: 1.17
▣ Last Year: 0.97
▣ Last 3 Years: 1.14
◳◰ Market Sentiment:
▣ News Sentiment: N/A
▣ Twitter Sentiment: N/A
▣ Reddit Sentiment: N/A
▣ In-depth DYDXUSDT analysis available at TradingView TA Page
▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.
◲ Disclaimer: Disclaimer
The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.
▣ Explore the Power of Charting with TradingView
Unlock a wide range of financial analysis tools, data, and features to elevate your trading experience. Take a tour and see the possibilities. If you decide to upgrade your plan, you can receive up to $30 back. Discover more here - affiliate link -
◰◲ General Information:
▣ Name: dYdX
▣ Rank: 139
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category / Sector: Financial - Decentralized Exchanges
▣ Overview: dYdX is a decentralized exchange built on the Ethereum network delivering key financial instruments to users such as perpetuals, margin and spot trading, as well as lending and borrowing. dYdX equips traders with off-chain order books with on-chain settlement and enables them to short-sell tokens, increase exposure by longing with leverage, or earn interest on deposited tokens to move quickly. dYdX leverages StarkWare's Layer 2 to eliminate the need to trust a centralized exchange while trading, and thus combines the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange.
◰◲ Technical Metrics:
▣ Current Price: 2.2641 ₮
▣ 24H Volume: 202,648,824.111 ₮
▣ 24H Change: 21.334%
▣ Weekly Change: 41.87%%
▣ Monthly Change: 123.08%%
▣ Quarterly Change: 159.42%%
◲◰ Pivot Points:
▣ Resistance Level: 1.8347 | 1.964 | 2.3073
▣ Support Level: 1.4914 | 1.2774 | 0.9341
◱◳ Indicator Recommendations:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Summary of Technical Indicators: BUY
◲◰ Sharpe Ratios:
▣ Last 30 Days: 7.69
▣ Last 90 Days: 3.14
▣ Last Year: -0.09
▣ Last 3 Years: 0.11
◲◰ Volatility Analysis:
▣ Last 30 Days: 1.25
▣ Last 90 Days: 1.17
▣ Last Year: 0.97
▣ Last 3 Years: 1.14
◳◰ Market Sentiment:
▣ News Sentiment: N/A
▣ Twitter Sentiment: N/A
▣ Reddit Sentiment: N/A
▣ In-depth DYDXUSDT analysis available at TradingView TA Page
▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.
◲ Disclaimer: Disclaimer
The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.
▣ Explore the Power of Charting with TradingView
Unlock a wide range of financial analysis tools, data, and features to elevate your trading experience. Take a tour and see the possibilities. If you decide to upgrade your plan, you can receive up to $30 back. Discover more here - affiliate link -
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.