SOL will EXPLODE once price is done consolidatingSome very bullish news surrounding solona and heavy out-performance over the rest of the market has sent SOL parabolic. But its not done. Expecting more highs to come.
- Daily support / resistance has been broke and has held up
- Price is now consolidating in small channel atop ATH support
- We wait for momentum to drop, a break of of consolidation, and for bulls to regain control over momentum and then were in
* One of the hottest coins in the market right now. Once BTC and ETH start making gains off recent pull back, SOL is outta here
Dydx
DYDX AnalysisDYDX 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 UPDATE: daily close inside the flagDydx has closed a 1D candle inside the bullish flag, we can see a bullish trend to $21 and a huge pump if breakout the flag to go to our targets.
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DYDXUSDT
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⚠️ Stop loss: 1D candle under 16.5
⭐ Target 1: $21
⭐ Target 1: $27.3
⭐ Target 2: $32.4
⭐ Target 3: $40
⭐ Target 1: $50
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DYDX to $58? | #DYDX #LongHello Padawans,
First of all, do not take this as a piece of financial advice.
Personally, I liked this project, not because of an exchange token, it's more than that.
They provide Defi with future contracts to Defi lovers. It is very simple, No KYC, just connecting the wallet and then you can long or short.
The total and max supply is 1Billion.
Still has a 6% circulation.
Marketcap is around $1Billion.
I see this DYDX as a strong DEFI project.
My first target after breaking this falling wedge is 27, then 38.
2.618 Fib level is around $54.
Let's see what will happen next.
Cheers!
May the force be with you!
DYDX Buy. Target? Maybe 30$dydx price decreasing in last 30 days. last night price touch trend line and back of the channel & support zone move price up again.
i think price move up & down again until this triangle complete (probably triangle will complete in middle of November). then price go to top of channel again and more.
buy at 17.5 - 18.5
TP: 29-32$
SL: Daily candle under 15
That's just my idea.
DYDX DYDX moves in a big ascending channel. We have recently tested the ex-resistance zone and trendline. I expect a rebound to the resistance zone of the small channel inside. DYDXBTC in the accumulation zone. Also, I think we will see an upward reversal trend soon.
The dYdX Layer 2 protocol has become the leading DEX exchange in terms of the trading volume. It surpassed Coinbase. Volumes exceed $10 billion per day.
Best regards,
EXCAVO
DYDX/USDT Ready for $50 ( 132% )#DYDX/USDT Chart Update:-
$DYDX currently trading at $19.39
Now Trading above strong support level.
What now..?
If hold this support above $16.50 then we can see Bullish.
And above $23 sky rocket.
Also keep an mind Support level.
Below support it will bearish.
Support:- $16.50
Resistance:- $23
DYDX in descending parallel channel#DYDXUSDT
$DYDX is trading inside a descending parallel channel and try to break out from middle line. if price success to break out the middle line which is the same with a resistance zone and then upper line of parallel channel (that's too much) then price will head up toward $32 and $34
but I think it is possible that price drop more to touch the support zone around $17.8 that is the same with long term ascending support line,and then a strong rally to $32.