Dydx
DYDX PUMP Imminent...The DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom.
The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22.
At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars.
- But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70
- The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again.
- Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD
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400% growth DYDX price is real, but there are several conditionsThe DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom.
The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22.
At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars.
- But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70
- The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again.
- Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD.
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$DYDX - Bulls breaking FALLING WEDGEHello my Fellow TraderZ,
Few days ago I made an analysis on $DYDX ranging inside Descending Channel Pattern on 4 HTF.
Although price gave a Fakeout and create a Double Bottom and again came back inside the channel and breaking upward of the channel.
BULLISH DIVERGENCE is still valid + Price is trying to come above the EMA 55 on 4 HTF + Breakout Volume is Pretty good enough.
Also look on DTF, #DYDX is forming a FALLING WEDGE Pattern which is generally Bullish in nature. For strong confirmation look for the daily close above the Wedge and the Resistance area of $1.30.
TP 1 : $1.41
TP2 : $1.52
SL : according to your own R:R
Note : never underestimate #BITCOIN which could ruin the Party.
Happy Trading Fam. CHEERS!!!
Derivatives, Synthetics, FOREX...Next Big Opportunity?For the next bull market cycle, I believe the derivatives sector, synthetic assets, equities, commodities and FOREX can provide an above-average exponential gain.
That's because the blockchain and cryptocurrency market tends to swallow the traditional market (I didn't say that... it was a trader with 30 years of experience who abandoned the traditional market).
In this comparison, I put some of the projects that I consider to have upside potential, after listening to some analysts and also from my own experience.
I also put on the chart the price of BTC and ETH for benchmark.
Projects and tokens:
Synthetix (SNX) (via Optimism or Ethereum)
GMX (GMX) (via Arbitrum or Avalanche)
Gains Network (GNS) (via Polygon)
dYdX (DYDX) (via Etherem)
Mango Markets (MNGO) (via Solana)
Perpetual Protocol (PERP) (via Optimism or Ethereum)
Deri Protocol (DERI) (via BSC or Arbitrum)
dYdX (DYDX) formed bullish Shark | A good long opportunityHi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with Bitcoin pair.
On a 4-hr time frame, DYDX has formed a bullish Shark pattern. Right now the priceline is slightly moved up, therefore, we can wait for some price correction to catch it from the buying zone.
Is DYDX the top investment?DYDX is the top exchange among DEX, the largest volume of all DEX exchanges today, together with uni, it showed one of the largest bounce among the top coins, which is a very positive signal for all coins of dex exchanges and in the future, with the next growth waves, DYDX and UNI should show a good profit. Now we see how DYDX is forming a possible bullish wedge and if the market does not show a sharp drop and DYDX holds the key level of 1.5, then we can consider longs when the bullish wedge is broken and fixation above the level of 1.64 with potential targets of $2, $2.5
#DYDX is moving upward in the range zone Hello #SorooshSchool guys
As you can see in the chart of #DYDXUSDT , It is in the rang zone between 1.59 - 1.70 and after retest the static supporting area ( the green area ) , Is consolidating to the important static resistance at the area of 1.70 ( The Red Area )
Thank you guys , Do not forget Like and Boost the Idea if you enjoy ...
DYDX - Beautiful shortReasons to take short:
⭐️ CPI released today
⭐️ Couldn't update high
⭐️ Volume at top
⭐️ Level is 51 days old
⭐️ Level is seen on daily tf
⭐️ 4th touch
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
DXUSDT |Coin Review| We are waiting for the exit and the bullishHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information
Friends today let's talk about DYDX
It was determined by the Fibonachchi to my case tested for 0.236 and it was not necessary
There is also a probability that if the asset flies the 0.382 zone down, then we can bounce already from 0.5 there bolensi
DYDX/USDT - Market Update 07.08.22Hello Traders!
DYDX completed the fall phase, after which the consolidation range of $1.00 - $3.17 was formed.
Based on the analysis of the smaller timeframes and the current state of the market, we can assume the continuation of the local growth to the upper border of the consolidation range - the level of $3.17. Further, we can expect the beginning of descending price formation with the purpose of liquidity gathering to the lower border of the range - the level of $1.00.
Specifically interesting will be the purchases in the range of $1.00 - $1.44. The targets will be the levels of $2.44 and $3.17
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
DYDX/USDT : Correction is must before the next leg upBINANCE: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!
Our Last call on $DYDX has been got stop-hunted and today we'll enter positions based on invalidation and hold triggers only.
Currently, $DYDX has formed an ascending channel, And based on the data we have, There's a bearish divergence formed from 29th July to 1st August.
Also, it could be a good entry zone to locate Longs towards the higher bearish base, As $DYDX has formed a bullish order-block below at $2.00
So, In terms of using both scenarios;
- There's a Short opportunity to $2.20 with an invalidation as hold above $2.84.
With a local Long position with an entry zone from $2.30 to $2.10 with an invalidation as hold below $2.00.
- There's also an aggressive Long setup after getting the invalidation above $2.84 with the Same stop-loss below $2.00.
You can have your bullish run from the current market price or lower, But you have to manage the Risk/Reward Ratio too!
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