dYdX (DYDX) Buy ZonedYdX (DYDX) Buy Zone
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BIAS
Mid-Term : Bullish
It is currently at the 2nd bottom support and if it holds above it, we might see a good upward move from here.
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$DYDX/USDT SPOT SETUP
Entry Price : 12.3 - 13.135
TP 1 : 14.175
TP 2 : 15.4
TP 3 : 16.2
TP 4 : 17.9
TP 5 : 20.25
TP 6 : 23.9
SL : 10.9
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Dydx
It's time for DYDX24 hour trading volume is up 102.35% at
$557m while DYDX has a Market Cap of only $875m
Their next epoch is on December 21st giving us 18 days before 3,838 (at the time of writing this) more coins hit the market.
It's price has retraced 59% from it's high when first was listed on Binance and has bounced off it's support at $12 twice with a 44% gain the first time. I'm expecting it to break trend on this channel down and think we could easily see returns from 60% - 106% in a short in a short period of time.
Dydx 162% potential Hellow traders,
I wanted to post this trade to celebrate making it halfway through this week! If you’re looking for more check the tags on the post and follow along! I have had my eye on this one consolidating for some time now. DYCX had a nice pump of volume today indicating this bullish declining channel was ready to break out. Once this does break out you can assure that this stop loss will not be hit! I added targets for multiple other patterns such as the bullish flag, symmetrical triangle and the bull pennant I see on the chart. I am unable to show the whole chart on my mobile phone so I am adding this to the description so you understand where I saw these targets at.
As always, below is a fundamental description to better help you understand the project, where to buy it and some of its tokenomics.
PLEASE DONT FORGET TO LIKE AND LEAVE A COMMENT AS IT HELPS ME GROW IN THIS COMMUNITY! You’re the best!
Keep your mind in the charts and emotions for your loved ones, have a green week folks!
SAVVY
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FUNDAMENTAL ANALYSIS
DYDX Price Live Data
The live dYdX price today is $14.36 USD with a 24-hour trading volume of $528,367,130 USD. We update our DYDX to USD price in real-time. dYdX is up 13.60% in the last 24 hours. The current CoinMarketCap ranking is #112, with a live market cap of $930,554,746 USD. It has a circulating supply of 64,800,849 DYDX coins and a max. supply of 1,000,000,000 DYDX coins.
If you would like to know where to buy dYdX, the top cryptocurrency exchanges for trading in dYdX stock are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global. You can find others listed on our crypto exchanges page.
To find out even more about this project, check out our deep dive of dYdX.
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.
DYDX test resistance of the falling wedgeDYDX / USDT
DYDX was in downtrend inside this falling wedge Since October (More than 2 months)
Today we got bounce from support and once again test strong resistant line
Nice rally will happen if bulls able to break/hold above this resistance
Can the buyers finally break this bearish resistance line ?
DYDX (DYDX/USDT) technical analysisPrice is moving in a downtrend channel. Recently, we saw price oscillating and maintaining a baseline as a resistance as well as an increase in buy volume. We need to see price breaking the top side of the downtrend channel to get the first signal that the uptrend wave has started.
DYDX seems weak, down 35% soon?It looks like buyers are defeated at this level and may cancel their orders to place them lower
This is based on the last push attempt with volume that was soon absorbed into a pocket of liquidity and pushed back with high volume.
I expect we are going lower, let's see where buyers will show up again.
DYDXUSDT , Market give another opportunitiesHello everybody
Did you check our last analysis of DYDX ?
Again the market give us opportunity to buy in buy zone area , this is the most important level of supporting , and the key point of trend .
According to the chart that the price is supporting in here we expect this time to break the resistance level that is long time on our way ( trendline resistance ) , and after that we can reach to the new target
We shown another zone that you can buy if the price dump of shadow to it
Previous analysis :
If you have any question send us message
Good Luck
Abtin
Dydx really!hey traders, there is Dydx ,as we see at the chart, we need closing above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
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trade carefully guys and don't forget the risk management.
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