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Dydx

DYDX/USDT : Located above the Demand zoneBINANCE:DYDXUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $DYDX is currently moving above the 2H's Demand zone and the lower lows (Based on the current wave) are located nearly below the Demand zone. Looking good if we sweep out the Demand below! Trade is based on invalidation, So I made the Stop-loss quite near to the lower low... You can enter on partial entries at $2.20 - $2.15 - $2.10 - Set stop-loss as an active close below on the 4H time-frame. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
4
DYDX bearish divergenceLike some other DEX (Decentralized Exchange) cryptos, DYDX had made a 125% jump from its ATL at $1 on 18/06. A very nice performance which indicates that DYDX is a very intesting symbol to keep an eye on. However, at this time DYDX is showing some weakness. A bearish divergence and an Evening Doji Star candle are being formed (in 12H TF). As a consequence, a double top will be formed as well. For these reasons, a short setup is proposed as in chart. Enter when the current candle finishes in red Invalidation is when there is a 12H candle closing above $2.15 Targets are the blue lines and Stoploss is the red one. In my opinion, $1.7 is a strong support where DYDX will strongly bounce. We need to observe the reaction of DYDX at this level to see if a continuation or a reversal will be the next move (provided that the first leg down to $1.7 will have been done).
Short
by evasivesteering
4
DYDX: BEARISH EXPANDING TRIANGLE.Hello guys, here's a trade setup on DYDX in 4 hours TF. DYDX looks good for shorts. It is forming a bearish expanding triangle with the current price close to the resistance. If it plays out accordingly then we can expect a -30% drop. Best entry: $2.137 to $2.273. Stop Loss: $2.464. Targets: $1.914 $1.834 $1.755 $1.686 Note: DYDX is currently at the 21 MA support ($2.04) and if it breaks down below it then we can the short position. Be watchful and do not FOMO. You can use 5x to 10x lev with the SL.
Short
by Dexter_The_Trader
2
DYDX - There will be the potential for price growth again!Hello to all members of TradingView and my followers. DYDX has recorded good growth in the past week. DYDX has overlapped with the midline of the long-term descending channel in the $1.80 range, and this powerful resistance has been broken to the upside, in a reversal that we expect the price to If it has this range, there is again the potential for price growth if there are signs of support from buyers. In addition, the general conditions of the market will also affect the trend of all altcoins, including DYDX. A short-term bullish channel is in place for DYDX, and as long as the bottom of this channel holds in the $1.70-$1.82 range, there is potential for price growth again. If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
by MonoCoinSignal
11