Is #DYDXUSDT About to Explode or Collapse? What You Should KnowYello, Paradisers! Is this the breakout we’ve been waiting for #DYDX? Let's look at the latest analysis of dYdX and see what's happening:
💎After months of being in a downturn, #DYDXUSDT has finally broken above a Descending Channel following a solid push from the major support at $0.8903. This could be # the turning point for #dYdX after 4-5 months of consolidation.
💎#DYDX needs to break through a critical resistance level at $1.199 for this rally to gain real momentum. If this level is cleared, we could see a much stronger rally, with the next target set at a major resistance zone. Increasing volume and the 20EMA are signaling bullish potential—but we're not out of the woods yet.
💎Be cautious! If #DYDX loses steam, we may witness a pullback to retest the breakout around the major support, possibly capturing liquidity again. A failure to hold this level could push the price back toward the lower demand zone at $0.802.
💎And if the price breaks below that key support? The bears take over, and we could be looking at a much deeper correction.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
Dydx
#DYDX/USDT#DYDX
The price is moving in a downward channel on the 4 -hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.0970
Entry price 1.06
First target 1.15
Second target 1.26
Third target 1.35
#DYDX/USDT#DYDX
The price is moving in an ascending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 0.8500.
Entry price 0.870.
First target 0.913.
Second target 0.967.
Third target 1.02.
DYDX Looks BullishA large pool of liquidity has been hunted and the price is showing signs of a reversal at the bottom.
It is expected to be pumped to the target soon.
The time frame is big and daily, you have to control the risk.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#DYDX/USDT#DYDX
The price is moving in a descending channel on the 12-hour frame and is sticking to it greatly and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 0.8000
We have an upward trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.8886
First target 1.092
Second target 1.320
Third target 1.627
DYDX Potential Play !DYDX / USDT
DYDX started to show some serious bullish signals
1- Price has returned back to the big accumulation zone again after playing some time in manipulation phase/stoploss phase (red)
2- Downtrend line finally broke-out after 6 months of minor bear market
As long as these signals remain intact I see a big potential for DYDX in the coming bull market
Best of wishes
DYDX analysis 1D - Sep 24 2024#DYDX has just broken the mid-term trendline that started in March 2024 and is most probably heading for the higher targets of 1.2 - 1.46 - 1.77 - 2.15.
The setup is ideal for a Spot position and as long as there's no daily close below 0.89 level, this analysis is valid.
#DYDX/USDT#DYDX
The price has broken the descending channel on the 1-day frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 0.8000.
Entry price 0.880.
First target 1.09.
Second target 1.32.
Third target 1.62.
#DYDX/USDT#DYDX
The price is moving in an ascending channel on the 4-hour frame and is sticking to it very well
We have a bounce from a major support area in green at 0.900
We have an uptrend RSI that has been broken upwards which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 1.02
First target 1.11
Second target 1.20
Third target 1.30
DYDX Possible 100% TradeKUCOIN:DYDXUSDT
Possible Break and Retest of 114 and BINANCE:DYDXUSDT could do more than 100%.
Buildup at current levels will provide nice protection for placing stops.
On Failure can short to support with divergence ideas.
CRYPTOCAP:BTC rules the altcoins but when it's moving sideways, there are interesting opportunities that one has planned for.
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.
Dydx Equilibrium RetestBINANCE:DYDXUSDT
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Possible Targets and explanation idea
➡️Strong signal to sell on Direction D timeframe
➡️Goin to retest equilibrium of previews Range accumulation
➡️Equilibrium now on same level as 0.786 level
➡️After retest we might see one more rejection on main vol sellers zone
➡️Continuation to our global monthly FVG at 11$
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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DYDXUSDT.1DAfter reviewing the DYDX/USDT daily chart, it becomes apparent that the asset has encountered a series of fluctuations, manifesting a pattern of peaks and troughs. Let’s delve into the details of the chart’s technical analysis:
Support and Resistance Levels:
Support Level 1 (S1) at $1.027. This level is crucial as it represents a point where the price has previously found buyers stepping in to prevent further declines.
Resistance Level 1 (R1) at $2.491, marking the highest point in the recent uptrend and likely to act as a significant barrier for any upward price movements.
Technical Indicators:
The MACD (Moving Average Convergence Divergence) currently shows a negative divergence with the signal line under the histogram, suggesting bearish momentum. This is further emphasized by the MACD line’s position below zero, indicating that bearish trends could persist.
The RSI (Relative Strength Index) is hovering near the 50 mark, which typically suggests a neutral market condition. However, given the proximity to this level, it suggests that the market is balanced but with a slight tilt towards bearish sentiment.
Conclusion:
From my current analysis, DYDX/USDT appears to be in a precarious position with potential for both upward and downward movements. The pivotal support at $1.027 will be key; if this level holds, it could serve as a foundation for a rebound towards the resistance at $2.491. Conversely, a break below this support could lead to further declines, potentially testing lower levels not seen in the recent past. Given the bearish signals from the MACD, traders should proceed with caution and consider employing risk management strategies such as stop-loss orders to protect against unexpected downturns. Observing the RSI and waiting for a more definitive move out of the neutral territory could also provide better cues for directional trades. As always, staying attuned to broader market trends and news impacting DYDX will be essential in navigating these trades effectively.