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Dydxanalysis

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.
Short
by Arash-RK
4
✖️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. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 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). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Short
by pejman_zwin
4
DYDX is preparing for a big move to the upside!DYDX on the daily time frame is up trending with no doubt! 1st. After the considerable correction for the first time in 30 days, DYDX has managed to change end the correct buy creating higher high on 4H timeframe. 2. Now it the time for a small consolation that leads to creating a new hight on the daily and in this move it might reach the upper supply zone( marked on the chart) that will be a 100+% target. It’s far away! But if Bitcoin will reach 30’s this will be achieved in a matter of 30+ days. This is not a financial advice. It’s my way of thinking based on my interpretation to the data on the charts. First TP
Long
by kvmass2013
Buying $DYDX First trade Trade type AAA Reasons for taking this trade: - The 50 level of the swing low and swing high did not work. That is good, this because price is not expected to obey 50fib level but its supposed to go lower since large orders take time to be filled. - Price is in an uptrend therefore taking longs makes so much sense. - Price is at 3rd stage liquidity. - Price surpassed the breakout and retest level hence the retest is supposed to happen. Price will have to go back to that level. - 1HR Timeframe is closing bullish. - NY open is here hence this will pump liquidity Trade type glossary Type AAA - Very Good Type BBB - Nice Type CCC - 🧐
Long
by Sherman_Trades
DYDX USDT , DYDX the DEX Coin Will Touch Double Digits!?BINANCE:DYDXUSDT DYDX was in MARK DOWN Phase from very long time and entered in an accumulation range and now moving for a MARK UP Phase. Being A Pure Technical Analyst..Let's Move Straight To The Charts! DYDX on Higher Timeframe was in accumulation(261 days) from long time and just broke out few weeks ago. Right Now it tested on that range high in the form of a Bull flag which is meant to be bullish for its price action and should start a rally in next few days If you are looking for Entries, then on lower time frame if DYDX retraces to 2.7-2.9$ can be good entry for you to hold for high time frame play First Target Would be 3.9$ Second Target Would be 6.5$ Third Target Would be 10$ 4$ has strong resistance..it can take multiple tries to break that Okay so That's it for DYDX Hoping you liked the analysis :) Please like and comment your views on DYDX and also follow us for more setups as i am going to post detailed analysis for many Altcoins! See you in next Altcoin Analysis
Long
by Traders_skooll
DYDX swing trades. Indicators analysisBINANCE:DYDXUSDT This chart based on my indicators set on D timeframe Take a look explanation Take Profit - Reject at take profit and exit line Trade On - 2 signals to sell confirmed ADZ - Came in again in neutral zone. Might be going lower where whales start accumulate again Direction - 5Feb got an alert to close position. Waiting drop lower to see accumulation alerts 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"!
Short
by Crypto4light