Dydx equilibrium testBINANCE:DYDXUSDT
Today ill share with you my first video idea here!
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
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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.
Dydx
DYDXPunted this from range lows. Where earlier idea was, in hindsight, a knife catch, at this point in time we are potentially working a reversal from range low, having traded beneath and reclaimed range low. First objective is mustering its way back above 2.66, and from there back inside 2/27/23 weekly open.
DYDXUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır. Bu görüşler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.
DYDXI'm liking dydx so long as btc holds 22keks. DYDX has been rangebound since start of February, and I expect that to continue until market shows otherwise..
🔥dYdX MAKE A PULLBACK: THE BEST PLACE TO OPEN A LONG!🔥 Hi friends! dYdX made +200% from the entry point at $1.01. Now, we see that trend is fading. I explain my expectation for dYdX in this idea. Read to the end!
🚩 Why do I think that pullback is possible? The main precondition is a volume growth at highs. As you can see on the chart when volume goes up at highs so the price goes down.
📊 TRADING PLAN FOR DYDX:
🔥 pullback to $2.3-2.5 value area
🔥 volume growth at the bottom confirms the presence of buyers
🔥 bullish BTC is a must-have for altcoins growth
✅ MY TARGETS FOR DYDX:
1. $3.62 - the key levels and local highs
2. $5.3 - the key level
3. $7.3 -the key level
Friends, what did you trade dYdX previously? Write in the comments! This is DEX (decentralized exchange) which will be the top gainer in case of crypto regulation.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
DYDX ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DYDX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🔥162% OF PROFIT: $1 IS A BEST PLACE TO BUY dYdX AGAIN🔥 Hi friends! dYdX give us the opportunity to make a huge profit several times. The last one was during the test of $2.7 key level as the support. The price fall for 62%. So you can make a huge money even without leverage.
The main reason for this fall was the Binance FUD and now the FTX FUD. Blockchain data shows that Alameda Research (SBF/FTX fund) swapped their altcoins for Bitcoin using mixers.
Since Alameda is a big holder of this altcoin, the risk that they will sell and push the price down persists. That is why the price is falling today.
🚩 DYDX HAVE A THIRD PLACE AT ALAMEDA PORTFOLIO
📊 TRADING PLAN FOR DYDX
Now the price almost reaches the lower boundary of the channel which is strong support for the price. Here we can open a trade with 2 targets that I point out later.
The preconditions to open long:
1. the false breakout of the channel's lower boundary
2. sl collection below the $1 key level (a lot of liquidity for the whales)
3. bullish BTC
4. volume growth at the bottom
🚩 Friends, remember that we open trade only if a false breakout happens. Let the price fall lower if it does not close inside the channel again and wait for the next opportunities.
✅ MY TARGETS FOR DYDX:
🔥$1.7 - the mid if the channel
🔥$2.7 - the top of the channel
Friends, do you believe in this decentralized exchange growth? Wrote your thought about DYDX in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
✳️ DYDX Wow! Wow! Wow!Have you seen this application?
This is a decentralized exchange and you can even use leverage on it.
All I can say is "Wow!".
Real world usable, already working, product.
You need to try it yourself.
The chart looks great by the way.
DYDXBTC is trading above EMA50 with rising volume, confirmed uptrend started after the June 2022 low.
Sorry I am late... This might turn into one of the best of all, based on the product of course.
Namaste.
🚨 DYDX will show the big movements!Short-term: the coin is moving in a local uptrend.
As long as we are above the rising trend line, we can continue to grow.
In case of a breakdown of this line, we will see a downward movement at least to the local supports of 2.8-2.6$.
Resistance is the $3.15 level
TA of DYDX/USDT: Potential Breakout and Buying Opportunities Chart Analysis Shows DYDX Testing Fibonacci Retracement Level and Potential for New All-Time High in Upcoming Bull Run:-
#DYDX is currently trading at $2.855, and the chart shows that it recently broke out of a major resistance level and is currently trading around 250% higher than its last bottom.
It has also risen 150% from its last breakout.
The previous breakout was followed by a retest and was perfectly executed.
At present, DYDX is trading in a parallel channel, and a breakout from this channel is crucial.
A high-time frame candle closing above $3.30 or breaking the recent high of $3.68 would be the best entry point as per technical analysis.
Based on the chart, I anticipate that DYDX may test the 0.0618 Fibonacci retracement level and then experience a significant upward rally.
Therefore, the best buying opportunities would be around the parallel channel support area, which is between $1.40 and $1.70.
In the long term, I expect that #DYDX will break its new all-time high in the upcoming bull run and could reach $30.
The support levels for #DYDX are $2.44, $1.65, and $1.11
while the resistance levels are $3.47, $7.50, $13, and $24
This is just my opinion, and it is not financial advice. Before investing in any coins, I recommend doing your own research.
I will update my social media channels if anything changes in the chart.
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