Dydx equilibrium testBINANCE:DYDXUSDT
Today ill share with you my first video idea here!
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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.
Dydxlong
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
Buying $DYDX First trade
Trade type AAA
Reasons for taking this trade:
- The 50 level of the swing low and swing high did not work. That is good, this because price is not expected to obey 50fib level but its supposed to go lower since large orders take time to be filled.
- Price is in an uptrend therefore taking longs makes so much sense.
- Price is at 3rd stage liquidity.
- Price surpassed the breakout and retest level hence the retest is supposed to happen. Price will have to go back to that level.
- 1HR Timeframe is closing bullish.
- NY open is here hence this will pump liquidity
Trade type glossary
Type AAA - Very Good
Type BBB - Nice
Type CCC - 🧐
dYdX (DYDX) formed bullish Gartley for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with US Dollar pair.
Previously we caught a nice trade of DYDX:
On a 4-hr time frame, AR has formed a bullish Gartley move for a bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DYDX USDT , DYDX the DEX Coin Will Touch Double Digits!?BINANCE:DYDXUSDT
DYDX was in MARK DOWN Phase from very long time and entered in an accumulation range and now moving for a MARK UP Phase.
Being A Pure Technical Analyst..Let's Move Straight To The Charts!
DYDX on Higher Timeframe was in accumulation(261 days) from long time and just broke out few weeks ago.
Right Now it tested on that range high in the form of a Bull flag which is meant to be bullish for its price action and should start a rally in next few days
If you are looking for Entries, then on lower time frame if DYDX retraces to 2.7-2.9$ 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
DYDX UpdateDYDX Idea | 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.
Long Entry at Channel Bottom for dYdXGreetings, Snipers!
DYDX has dropped >95% since its peak in 2021
DYDX is currently at the bottom of its channel range at $1.00-$1.20, with previous strong retracements
This may draw a potential sideway channel or a triple bottom pattern
The $1.00 level is expected to be a strong psychological support
$2.30 - $2.70 have posed to be a strong resistance level
In the shorter time frame, we can trade this channel:
We can take a long-entry now, at $1.00 - $1.10, and sell at $2.30 for a Risk-Reward ratio >5 (SL at $0.84).
Please be mindful that Bitcoin is on the verge of breakout of its continuation pattern to the downside, so manage your risks well!
Happy Sniping!
DYDX - Fear before unlockBINANCE:DYDXUSDT
DYDX and upcoming 15% total supply unlock.
Psychology of retail investors always the same! Now everyone see the unlock date and ready to sell their coins because majority think in a same day all funds drop the price. But usually it works in opposite way.
To sell big amount of coins funds and earlier investors need liquidity, so they will sell it step by step.
Now ill not be impress if we will see some big media posts about DYDX and future of this DEX. So after
over 250 days in a range everyone who want it accumulate a lot.
Possible Targets and explanation idea
➡️By ADZ big players accumulate a lot on Weekly timeframe and we can see huge divergency.
➡️ Long time period accumulation in a range.
➡️We got FVG on monthly timeframe in red block zone (full fill will be exactly at 0.23 level by FIb)
➡️We trade in a range exactly at -0.27 zone
➡️3rd Feb day of 15% unlock. But we hypothetically can see moves where funds start sell at 4, 6, 10$ in 3 waves
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.