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Dydxanalysis

DYDX UPDATE : start of new cycle ?DYDX/USDT since listing of this coin in major exchanges it kept dumping for almost 1 year Finally we got the first clear breakout from descending broadening wedge pattern after 3 major bearish waves This breakout could be a shift of trend and new bullish cycle for this coin The most important support here is marked as blue color rectangle which should hold to remain bullish otherwise i would consider it to be a scam coin if broken down too What do you think about DYDX ? Share me in comment section below ⬇️
Long
by Babenski
17
DYDX correction to 5.20$BINANCE:DYDXUSDT Dydx now underrated. Where ill start buy Dydx again? Where ill take a profit on local correction? And why Dydx can pump to 5.20$? ✅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 ➡️Fib since drop in April. ➡️Perfect call to sell by "Trade On" indicator ➡️Accumulation phase between -0.18 and -0.618 levels ➡️Forming lower low in June and took liquidity. Correction to drop can be at least to 0.5 level by fib 5.20$ ➡️2 signals Strong Buy in May and June ➡️Rejected at "Take profit" line. If we capitulate one more time we can drop to 1.05 (now its a "Buy line") 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
DYDX – perfect setup!Hello, everyone! Let’s continue analyze altcoins. Today I found for you the asset with the perfect Elliott waves formation. I will show you evidences that this formation is valid, thus we can be confident in potential trade setup. On the 4h timeframe DYDXUSDT chart we can see the clear picture of 5-wave Elliott formation. Wave 1 had the price correction exactly to 0.61 Fibonacci retracement zone, after that the wave 3 was extended and was finished at 2.61 Fibonacci extension. Taking into account wave 2 have been ended at 0.61, wave 4 have to be finished at 0.38, that was the case. Wave 5 finished at 0.61 Fibonacci extension in conjunction with the divergence created the condition for whole Elliott wave cycle end. Now DYDX is in correction ABC. Wave A have been already ended and wave B is forming. 0.61 Fibonacci retracement is the target for the wave B ($1.50). After that we can wait for the wave C. The target area for wave C and whole ABC correction is the 0.618 from the 5-waves cycle. I am going to enter long position at $1.35. Best regards, Ivan ________________________ Guys, if you like my trading ideas, please support me with your boosts and comments!
by Skyrexio
8
400% growth DYDX price is real, but there are several conditionsThe DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom. The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22. At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars. - But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70 - The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again. - Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
25
DYDX/USDT - Market Update 07.08.22Hello Traders! DYDX completed the fall phase, after which the consolidation range of $1.00 - $3.17 was formed. Based on the analysis of the smaller timeframes and the current state of the market, we can assume the continuation of the local growth to the upper border of the consolidation range - the level of $3.17. Further, we can expect the beginning of descending price formation with the purpose of liquidity gathering to the lower border of the range - the level of $1.00. Specifically interesting will be the purchases in the range of $1.00 - $1.44. The targets will be the levels of $2.44 and $3.17 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
by UnknownUnicorn10064030
DYDX: BEARISH EXPANDING TRIANGLE.Hello guys, here's a trade setup on DYDX in 4 hours TF. DYDX looks good for shorts. It is forming a bearish expanding triangle with the current price close to the resistance. If it plays out accordingly then we can expect a -30% drop. Best entry: $2.137 to $2.273. Stop Loss: $2.464. Targets: $1.914 $1.834 $1.755 $1.686 Note: DYDX is currently at the 21 MA support ($2.04) and if it breaks down below it then we can the short position. Be watchful and do not FOMO. You can use 5x to 10x lev with the SL.
Short
by Dexter_The_Trader
2
#DYDX/USDT LONG TERM VIEW , 275% POSSIBLE !!Hello, members welcome to this DYDX/USDT 4hr chart analysis by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. DYDX/USDT looks bullish here, As we can see in the above-mentioned chart that DYDX broke the falling wedge pattern and retested. In the current scenario, it's still trading at the green zone which is also the buy zone. I am expecting a 275% potential rally in the upcoming weeks. So we can hold it at the spot for upcoming 2 to 3 months for some good profit. Entry:- $4.50,$4.90 Traget:- 275% Stoploss:- $4.30 Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you...
Long
by CryptoSanders9563
DYDX Had Just Broked The ResistenceI think DYDX make a Huge Jump From Here. so we can try to make a huge Profit with Small Stoploss. Lets Try.... I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade. Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis If You Like My Work Just Come and Join Me.
Long
by MoonTradingForecast
DYDX/USDT 2HOUR UPDATE BY CRYPTOSANDERS Welcome to this quick DYDX/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Reason of trade:-DYDX/USDT tringle pattern conform and retest buy the green zone Entry:-CMP and BUY THE DIP Target:- 15% to 20% Stop loss:- 5.748 Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Happy trading. Sorry for my English it is not my native language Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563