DYDX - Lost Case? Time to JUMP SHIP?👎🤔DYDX-USDT🤔
We've lost a key neckline support and until we can close ABOVE this zone again, I'd say the price is still bearish for the short term:
Against BTC, I'm a little worried - no sign of strength here as the price stayed behind with the recent BTC ATH:
To be honest, if the price drops lower than this trendline, I'll lose all hope on this coin:
Now, some may argue that this is indeed a good time to BUY - and I cannot argue with that logic. I would, however, just advise to take caution. Reconsider the fundamentals when considering DYDX as a diversified part of your portfolio considering it has not been able to come even close to previous highs - demonstrating that there is an overwhelming amount of sellers vs buyers.
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BINANCE:DYDXUSDT
Dydxforecast
📈DYDX is going to retest then start rally📉BINANCE:DYDXUSDT
KRAKEN:DYDXUSD
Hello traders.
I believe in DYDX, why? Because of this alt-season (before or after halving), DEX (decentralized exchanges) are going to be under more attention.
The price has reached an important level and now there is a possibility that the price will return to the support zone.
After the price reaches the specified support level, the price can return to the bullish rally.
Below the level of $3.05, the scenario of a price return to an upward rally will fail.
The divergence of the indicators is shown in the chart.
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📈DYDX is going to retest or fall further📉 BINANCE:DYDXUSDT
KUCOIN:DYDXUSDT
Hello traders.
I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention.
right now, there are 3 scenarios in front of the traders.
in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of the pitchfork.
in 3, due to the heavy sell pressure, the price can sorely decrease below the 3.498 level. In that case, the bearish target would be $3.153.
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✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
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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 | 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 (DYDX) formed bullish Gartley for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with US Dollar pair.
Previously we caught a nice trade of DYDX:
On a 4-hr time frame, AR has formed a bullish Gartley move for a bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DYDXUSDT IdeaDYDXUSDT | DYDXUSD
✅ ✅ 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 price at a critical point, then "make it or break it"The DYDX price is now at a critical point
On the one hand, the DYDXUSDT price is at the bottom of the trade that lasts for the last 6 months
This price gives a good entry point for a medium-term trade +130% to $2.72 or a long-term trade +480% to $6.84
Stop for both positions below $1. The profit/loss ratio is more than adequate.
What part of the deposit to buy DYDX, for the medium or long term and whether it is worth buying at all depends only on you and a little more on the market)
This was the positive side of our analysis .
On the other hand , the trend of DYDXUSDT will change only after the price consolidates above $2.72. And this may not happen, because on 17.01.23, 5.7 million coins are to be sold, which will be 0.57% of the maximum possible supply of DYDX and +4% to the current number of coins in circulation.
And from February 2023, investors, consultants, and other early participants of the project will acquire ownership of DYDX, and we are talking about 100+ million coins
The increased supply of coins on the market, according to the law of supply and demand , can significantly push the price down.
The closer the DYDXUSDT price will approach $1, the higher will be the chance that the fall to $0.58 will not be avoided, and with it the development of the red scenario.
For some, this will sound like a total negative, and for others as a chance to buy at a more favorable price.
Earlier, in early November 2022, the price of DYDXUSDT showed a sharp increase from $1.20 to $2.72 in a week. During this period, there was a lot of negativity around the FTX exchange and its subsequent bankruptcy. It is very likely that then crypto users transferred assets from centralized crypto exchanges to decentralized DYDX.
It is difficult to predict what will happen this time, but the only thing we can control in the crypto market is the risks we are willing to take on a personal deposit.
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DYDX weekly double bottom. TargetsBINANCE:DYDXUSDT
Before massive unlock coins at the beginning of February and by this pattern we can see huge rally and FOMO on this coin
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Thank you.
Possible Targets and explanation idea
➡️Weekly timeframe perfect double bottom. With 0.01$ beat previews high so it shows the future direction
➡️Beginning of February massive unlock coins from early investors and funds. We can see fake hype around before unlock
➡️Fib since drop in April still relevant
➡️Targets 0.5-0.618 lvl by Fib and 1.618 to bring FOMO
➡️After this targets Im expect drop one more time down to 3-2.70$ around March
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 ↓
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DYDX chance for double bottomDYDX /USDT
Price in downtrend since 1 year inside massive descending broadening wedge
We also notice a possible double bottom in the chart
Keep it simple :
1- If price could break and sustain above trendline resistance we can see strong bullish wave in next days
2- incase of breakdown of Local support it will continue in downward direction
What do you think about DYDX ?
Could this time be a different time or not ?
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"!
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
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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.
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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.
#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...