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Dydx

DYDX - Double Bottom's Neckline Broken 👌Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. DYDX has been one of the most gainers throughout January with over 200% move. DYDX broke a yearly range in the shape of a double bottom in blue, confirming a long-term shift in momentum to bullish. 🏹 The bulls already took over by breaking above the upper blue neckline. As per my trading plan, as DYDX retests the zone, I will be looking for buy setups on lower timeframes to catch the next impulse movement upward. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
25
DYDX 127% profits after my call.. what next?#DYDX / USDT DYDX the only coin i posted its signal in public this season Finally it reached the full setup profits and made 127% profits (spot) in almost 2 weeks ! Congratulations if you followed my bottom entry (1.3$) Here is my previous setup check here : ⬇️ WHAT NEXT? First we secured some of our profits here Second look at HTF charts of DYDX It tries to breakout the accumulation phase and it looks it just started After current resistance we have 3.5$ - 4.3$ - 7$ - 10$ are possible next LONG TERM targets Dont forget to like and follow for more Best of wishes
Long
by Babenski
11
DYDXUSDT Triple Bottom!What is the triple bottom? The triple-bottom reversal pattern has three roughly equal lows and indicates an opportunity to take a bullish position. Before the triple bottom occurs, the bears are usually in control of the market, forming a prolonged downtrend. The first bottom does not indicate anything out of the ordinary. Still, the second and third bottoms show a change in direction where buyers (bulls) may push the price action higher after the price breaks through the resistance. Dydx is currently trading at 2.89 The DYDXUSDT has broken its triple bottom resistance line after 8 months of ranging market, indicating a strong bullish sentiment. and you can see high trading volume in the daily chart, expecting a potential up move. Thanks Hexa
Long
by HexaTrades
4
DYDXUSD broke above its 1W MA50, one last Resistance remaining.DYDXUSD broke on Jan 27 above its 1W MA50 (red trend-line) and by the looks of it will most likely close above it today for the first time. That is a major technical bullish break-out but at the moment not enough on its own to signal a bullish trend change. The level it needs to break is the 2.7300 - 2.8600 Resistance Zone, which has been holding since May and has basically formed the Accumulation Phase of DYDX during the bottoming process of the Bear Cycle. A break above it should eventually target the 7.15000 (April 04 2022) High on the long-term. A rejection could take us back to the 1D MA50 (blue trend-line) to test the buying pressure. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:DYDXUSD
by TradingShot
LINK - DYDX - SUSHI || Coincidence? I don't think so Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my trading plan / routine, I update my charts and alerts every Sunday night to be ready for the upcoming week. Tonight, while going over all the charts, I noticed that these there assets / tokens are forming similar price action. LINK - DYDX - SUSHI || Weekly Chart: After rejecting a support zone and round number, these three have been stuck inside a range in the shape of a double bottom pattern. 🏹 For the bulls to take over long-term, we need the double bottom pattern to get activated by a momentum candle close above its neckline in gray. Meanwhile, until the bulls take over, we would be stuck inside the range. 📚 We know that the entire crypto market is correlated in a way or another, but these three took my attention as the similarity is huge. what do you think? is it a coincidence? are these three somehow related? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
19