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Dydx

DYDX Possible 100% TradeKUCOIN:DYDXUSDT Possible Break and Retest of 114 and BINANCE:DYDXUSDT could do more than 100%. Buildup at current levels will provide nice protection for placing stops. On Failure can short to support with divergence ideas. CRYPTOCAP:BTC rules the altcoins but when it's moving sideways, there are interesting opportunities that one has planned for. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Long
by imr4nkh8n
Dydx Equilibrium RetestBINANCE:DYDXUSDT ✅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. Possible Targets and explanation idea ➡️Strong signal to sell on Direction D timeframe ➡️Goin to retest equilibrium of previews Range accumulation ➡️Equilibrium now on same level as 0.786 level ➡️After retest we might see one more rejection on main vol sellers zone ➡️Continuation to our global monthly FVG at 11$ Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
2
DYDXUSDT.1DAfter reviewing the DYDX/USDT daily chart, it becomes apparent that the asset has encountered a series of fluctuations, manifesting a pattern of peaks and troughs. Let’s delve into the details of the chart’s technical analysis: Support and Resistance Levels: Support Level 1 (S1) at $1.027. This level is crucial as it represents a point where the price has previously found buyers stepping in to prevent further declines. Resistance Level 1 (R1) at $2.491, marking the highest point in the recent uptrend and likely to act as a significant barrier for any upward price movements. Technical Indicators: The MACD (Moving Average Convergence Divergence) currently shows a negative divergence with the signal line under the histogram, suggesting bearish momentum. This is further emphasized by the MACD line’s position below zero, indicating that bearish trends could persist. The RSI (Relative Strength Index) is hovering near the 50 mark, which typically suggests a neutral market condition. However, given the proximity to this level, it suggests that the market is balanced but with a slight tilt towards bearish sentiment. Conclusion: From my current analysis, DYDX/USDT appears to be in a precarious position with potential for both upward and downward movements. The pivotal support at $1.027 will be key; if this level holds, it could serve as a foundation for a rebound towards the resistance at $2.491. Conversely, a break below this support could lead to further declines, potentially testing lower levels not seen in the recent past. Given the bearish signals from the MACD, traders should proceed with caution and consider employing risk management strategies such as stop-loss orders to protect against unexpected downturns. Observing the RSI and waiting for a more definitive move out of the neutral territory could also provide better cues for directional trades. As always, staying attuned to broader market trends and news impacting DYDX will be essential in navigating these trades effectively.
by MarsSignals
3
Analyzing DYDX: Current Trends and Future Projections📅 Let's dive into today's analysis, focusing on the DYDX coin in the crypto market. ⌛️ Weekly Timeframe In this timeframe, DYDX has experienced significant movements. Recently, it saw an upward trend reaching a peak at 24.295, which was a critical supply zone. Following this, the price entered a correction phase with lower volume, suggesting the strength of the previous upward trend. Currently, DYDX is at a support level of 1.800 after a correction phase. Key Levels: Resistance: 6.861, 4.068 Support: 1.800, 1.178 📈 If DYDX stabilizes above 2.510, we can anticipate a bullish momentum potentially pushing the price towards the next resistance at 4.068. Confirmation of a new upward trend will depend on candle stability above this level. 📉 Conversely, if DYDX falls back into the range between 1.800 and 2.510, and stabilizes below 1.800, it indicates a bearish trend continuation. The next critical support level would be around 1.178. 📊 In both scenarios, volume analysis is crucial. A healthy trend should be supported by corresponding volume without any divergence. ⌛️ Daily Timeframe 🔍 On the daily chart, DYDX ranged around the 1.450 level before initiating another downward wave. Currently, there is noticeable bearish momentum, and the price has found temporary support at 1.286. Key Levels: Resistance: 1.450, 1.590 Support: 1.286, 1.175 🧲 Given the current setup, a stabilization below 1.286 could signal another bearish wave. On the flip side, if the price moves above 1.450, it could indicate the start of a bullish trend, targeting higher resistance levels. ⌛️ 4-Hour Timeframe 📈 In the 4-hour timeframe, DYDX has pulled back to the SMA99 and reached the resistance at 1.450. Volume analysis shows a decrease, indicating potential exhaustion of the recent upward movement. Key Levels: Resistance: 1.450, 1.590 Support: 1.286, 1.175 💥 The RSI is currently ranging between 33.26 and 40.45 on different timeframes. Breaking these levels could provide confirmation for opening positions. However, always use these levels in conjunction with candle patterns and volume analysis to find the best entry and exit points. Conclusion Given the current bearish signals in the daily and 4-hour timeframes, alongside the potential trend change in the weekly timeframe, I am inclined to open a short position. However, this is based on my trading strategy. Each trader should base their decisions on their strategies and risk management plans. ⚠️ Please note that this is not financial advice. I'm simply introducing this project to you, and remember always to do your own research. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
A great trade opportunity on DYDX#DYDX #Analysis Description --------------------------------------------------------------- + The price has hit a low point, and a rebound is anticipated. + This creates a promising trading opportunity, so I'm opening a small long position now. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.467 Stop Loss: 1.076 ------------------------------ Target 1: 1.697 Target 2: 2.011 Target 3: 2.559 Target 4: 3.102 Target 5: 4.037 ------------------------------ Timeframe:1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
DYDX - Interesting Cycles!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. I find the DYDX chart interesting. For those who have been following me for a while, you know that I like to study previous price action. If you want to win a war, you need to study previous wars. I can't help but notice a repetitive time pattern on DYDX. In June 2022, DYDX bottomed around the $1 round number and started a bullish cycle that almost ended around March. The same thing happened in June 2023 , bottoming around the $1 round number and topping out around March. Is history going to repeat itself? If yes, then we are already around the end of this bearish cycle and will be looking for any bullish confirmation around the $1 round number to buy DYDX and hold it until around March 2025. Let me know your thoughts. Do you think it is simply a coincidence, or is there a reason why DYDX starts to go up every June/July? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
12
DYDX/USDT Technical Analysis in 3-Day Timeframe.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: DYDX demonstrates significant historical price movements with clear support and resistance levels. The price has experienced strong rallies from the support zone, suggesting potential for future upward moves. The $1.005 has stood as a strong support for DYDX since June 2022. If the price follows the historical pattern, it might target the resistance at $5, aligning with a projected 384.86% increase. Key Observations: ~ Strong Support/Entry Range: $1.005 to $1.173. ~ Resistance/Target: $5. ~ RSI: Oversold. ~ Invalidation point: Breakdown and close below $1.005 support. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
DYDXTrend and Key Levels Daily Trend: The chart shows a downward trend line that has been guiding the price lower. Support Levels: 1.275: Current support level. 1.194: Additional support. 1.190: Near the final support. 1.005: Final support level. Resistance Levels: 1.600: Initial resistance level. 1.890: Secondary resistance. 2.200: Higher resistance. 2.420: Strong resistance level. 2.730: The final cycle resistance level. Current Price Action Current Price: The price is currently at 1.312, having bounced from the recent support level around 1.275. Bullish Indication: The price has broken above the immediate resistance around 1.275, indicating a potential bullish reversal. Volume: An increase in trading volume typically accompanies a significant price move, suggesting the possibility of sustained momentum. Potential Scenarios 1. Bullish Scenario: If the price continues to move up, it will likely face resistance at 1.600, 1.890, 2.200, 2.420, and ultimately 2.730. Breaking through these levels will confirm a trend reversal and establish a new upward trend. 2. Bearish Scenario: If the price fails to hold above the current support level of 1.275, it might retest the lower support levels at 1.194, 1.190, and 1.005. A drop below these levels could signal a continuation of the downtrend.
Long
by Tdawly_Official
1