Dydxanalysis
DYDX/USDT Bullish Momentum?? 💎🚀 DYDX Today Analysis💎 Currently, DYDX is navigating within a descending channel pattern and is making an attempt to breach the supply zone. If it struggles to surpass this zone, we might see DYDX retreat to the demand area between 1.63 - 1.74, aiming to tap into the order block situated there. This could set the stage for a potential rebound and a subsequent upward trajectory.
💎However, if DYDX manages to break through the supply zone promptly, it's a positive indicator. Yet, for a confirmed bullish momentum, DYDX needs to shatter the resistance trendline of the descending channel. Achieving this could pave the way for a spirited rally, targeting the 2.755 - 3.15 range.
💎Conversely, should DYDX falter within the 1.63 - 1.74 demand zone or even dip below it, it suggests the possibility of a deeper decline, crafting a new lower low.
Paradisers, stay vigilant and monitor these potential shifts! 🌴
DYDX Cup & Handle needs break for Long!KUCOIN:DYDXUSDT
BINANCE:DYDXUSDT has crawled over a resistance level.
Buyers are lurking around and a possible build up is printed.
Plan A - Long: Breakout of build up.
Plan B - Short: Breakdown of buildup.
CRYPTOCAP:BTC - at major level that needs to break and hold for upside, otherwise downside.
CRYPTOCAP:BTC - idea here: tinyurl.com
or here: tinyurl.com
If you're an aggressive trader, you could potentially already be in.
Consolidation is boring but buildups are secrets for pre-moves.
Nothing guaranteed and that is why we always manage risk.
Let's get it!
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.
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DYDXUSDT DAILY : GOOD situation (spot)Hi Guys hope you well,
After a good climb and an correction in the price, we are slowly approaching the good demand area. We have two scenarios ahead. I expect that we will first go up and then enter the golden demand zone in the daily time.
SecondChanceCrypto
⏰13/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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DYDX/USDT - bullish pennant with 2-3x potentialDYDX/USDT is showing a very promising bullish setup which will likely break out soon.
In this setup we can see a bullish pennant which is shaped like an inverted head and shoulders pattern that's near completion, successful retests of the previous downtrends and price sitting above the previous 2.50 resistance.
I really like the look of this setup and expect to see high double digit % returns and potentially even a 2-3x depending on the momentum of the breakout.
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- Buy zone: current price range, anywhere near the tip of the pennant or if you prefer a safer approach buy the breakout
- Targets are marked in the chart
In case of a pattern failure look for support on the dashed trend lines for a potential re-entry.
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I will try to keep this idea updated as the chart develops.
Best of luck and let me know what you think!
DYDX Long SetupDYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
Is DYDX/USDt 650% Potential as per Chart?$DYDX
DYDX/USDT Technical Analysis:-
= The technical analysis indicates that $DYDX is looking good at its current level, with a strong neck line resistance already broken and a retest of the support level.
= The strong resistance level has now become a strong support level, indicating bullish momentum. As per the chart, we are expecting $DYDX to hit our resistance levels at $6.30, / $9.40, and $14.50.
This translates to a potential 650% gain from the retest/support level!
= As always, this is not financial advice, and we urge you to conduct your own research before investing in any coins.
Thank you, and happy trading!
Where to buy DYDX ?The trade for DYDXUSDT that we brought to your attention at the end of last year is still relevant and shows a profitability of more than 100%.
However, given the fact that a new Fed rate will be announced today, market volatility will increase (and that's putting it mildly :)
So, if you are interested in investing in DYDX, we suggest taking into account the following buy levels:
$2.24
$1.94
$1.66
They can fill all orders, or partially, we can't guess)
The selling zone in the medium and long term is in the range of $6.25-8.00
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DYDX IdeaBINANCE:DYDXUSDT
The circles of the chart are resistance points and there is a possibility of a temporary price reversal, a little Pull-Back.
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
DYDXUSDT IdeaHi trader..
In continuation of last week's bullish trend ..
BINANCE:DYDXUSDT
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
Dydx Coin Price Analysis!Dydx coin is trading near an important trend resistance. I'm hoping to see a candle movement as mentioned in the analysis.
If the resistance is broken and it experiences an upward movement, it could reach up to the $3.23 level.
If it cannot close daily candle above the $3.23 level, it may fall back to the $2.70 levels.
What do you think?
Not a Financial Advice.
DYDX | Double top + Head and ShouldersBINANCE:DYDXUSDT
The formation of a Head & Shoulders pattern along with a double Top, at the time of hitting and the below the 200 Moving-Average (MA 200) , are all signs of the beginning of a downtrend.
Trade entry points, below, the minimum price of the previous 3 candles.
Or using the Head & Shoulders pattern, and the entry price is below the neckline
Note: In the downtrend, we also have a price correction and a temporary upward movement.
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✖️DYDX ✖️_ Technical & brief Fundamental!!! Today let's take a look at the DYDX token from a technical and fundamental point of view.✅
Fundamental :
dYdX is a decentralized exchange and trading platform built on the Ethereum blockchain which enables users to trade cryptocurrencies with margin, lending and borrowing, and perpetual swaps through a non-custodial platform.
dYdX has a user-friendly interface that makes it easy for traders to access the platform's services. It has a strong development team that is dedicated to improving the platform's functionality and expanding its capabilities.
Additionally, dYdX has secured significant funding from reputable investors, which demonstrates the confidence that the investment community has in the project's potential. The project has also formed partnerships with other prominent players in the blockchain industry, such as StarkWare, to improve the scalability of the platform.
Overall, dYdX is a promising project with a strong development team, user-friendly interface, support from reputable investors, and most importantly the project goal since many crypto users have lost their funds recently with centralized exchanges.
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Technical :
DYDX token has managed to form a rectangle pattern in the daily time frame.
If we look at DYDX from the theory of Elliott waves; DYDX has created the popular Expanding Flat(3-3-5) corrective pattern inside the rectangle pattern.
I expect DYDX to fall to the lower line of the rectangle pattern over the next few weeks.
DYDX Analyze ( DYDXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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