expect a Breakouts at this point!!hello everyone
We can see the accumulation in this market for almost all of the cryptocurrencies, and for most of the day trading strategies. this accumulation tightened the market spring and a breakout is Inevitable.
We have symmetrical triangle form as the two trend lines touching,and we have the same pattern in our RSI too.
Due to the spikes in volume and the amount of BITCOINS leaving the brokers, i expect most of the cryptocurrencies with the same pattern to break the upper trend lines.
Dydx
DYDXUSDT, We can go up until now Hello everyone
Did you check our last analysis of DYDX ??
DYDX is for the future not now but for years later its amazing because ...
In here, as you can see we were broke the key point level and this event gave chance to the price to start new rally because the trend can be change from this level , according to the chart in daily time that we have 100% correction for the last breakwave we can but one step in this zone and if the price rises up we can take profit but if the price drop more from here we can buy more .
Put your stop loss if you wanna trade it below the blue box ( prz level ) but if you wanna hold it you can delete your stop loss and buy in lower price.
Good Luck
Abtin
Previous analysis :
#DYDX/USDT LONG TERM VIEW , 275% POSSIBLE !!Hello, members welcome to this DYDX/USDT 4hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
DYDX/USDT looks bullish here, As we can see in the above-mentioned chart that DYDX broke the falling wedge pattern and retested.
In the current scenario, it's still trading at the green zone which is also the buy zone.
I am expecting a 275% potential rally in the upcoming weeks.
So we can hold it at the spot for upcoming 2 to 3 months for some good profit.
Entry:- $4.50,$4.90
Traget:- 275%
Stoploss:- $4.30
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
DYDXUSDT, The price broke the trendline resistance ...Hello everybody
DYDX is one the most powerful project that is working on DeFi ...
According to the chart and last analysis that we published all of the zone exactly done its duty and now at this time we are going to make new uptrend and we need more correction to have a nice R/r and then you can take position but check the chart in lower time frame and check, and take signal after that take position or buy in spot.
Exactly our last analysis was done and we expect after the price pullback to the trendline that was broken it has new power to reach to the new target and continue its moving to the up.
BUT BECAREFUL EVERYTHING AT THIS TIME OF MARKET IS DEPEND TO THE BITCOIN
Previous analysis :
Good Luck
Abtin
DYDX: BREAKING OUT FROM IT'S 6MONTHS OLD RESISTANCE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DYDX/USDT TRADE setup. DYDX looks very promising here.
DYDX is breaking out from the falling wedge-like structure in the 2D time frame. It is breaking out the upper trendline of the wedge after the 6 months period. I'm expecting a good pump in DYDX.
Buy some now and add more in dips.
Entry range:- $5.3-$5.9
Target1:- $6.9
Target2:- $8.3
Target3:- $12
Target4:- $15
SL:- $4.8
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Thank You!
DYDX/USDT (1D) - Long setup for short term speculationHello Traders,
You probably noticed BTC got into Bull market (at least for short term). Which means its better to trade alts because they can raise (also drop) by multiplier x2 or more. = bigger gains (also need to set tight Setup rules and stop-loss in case of trend reversal.
DYDX/USDT reached zone whoch intrerested me. Its quite new coin with no sufficient data to mark "impulsive" ?? wave from 0 to ATH.
Hence its only expectation it formed 5 wave structure (because of retracement below previous lows). Also shape of retracement looks like Falling wedge = wave C. (Too much overlaping and structure of subwaves).
My minimum retracement expectation is 0.238 = Where wave C (Ending diagonal) started = around 9-10.5 usdt. (Chance for 50-60% profit).
During the run I will count subwaves and notify you.
You BTC will continue to area of ATH or higher and continue in Bullrun, this smalcaps could make it to new ATH or higher. (but its pure speculation).
Trade safe, use stop-loss and watch for 4H/1D RSI konvergencies / divergencies ;)