DYDXUSDTBINANCE:DYDXUSDT LONG
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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Dydxlong
DYDX – Wick fill Strategy TradeTLDR:
• If DYDX returns to fill the wick, or lower, it could be a swing long opportunity.
Background:
• Since May 2022 DYDX is trading in an accumulation range. Range low is at the 1$ level. Mid-range is at 1.65$ and the range high is at 2.7$.
Range trading:
• My basic rules of trading a range are:
1. Below the mid-range – Look for long opportunities.
2. Above the 75% of the - Look for shorts.
3. Above the 100% - Possible breakout.
Wick fill Strategy:
• A wick represents an inefficiency in PA. it is a price range with sellers or buyers only.
• Wicks tend to get filled, at least to the 50% level, to compensate for the inefficiency.
Trade Idea:
• This trade is based on the wick fill strategy. Meaning, that if price returns to fill the wick, it could be a lucrative swing-long opportunity.
• Entry: 1.45
• SL: 134
• Target: 2.69
I learned the wick fill strategy from a very known trader and teacher. It pains me that I cannot give him credit. However, TV considers this as promotion/publicity, which is not allowed to non-premium subscribers. You know who you are, Thank you Sensei.
NFA
What do you think? Please Share in the comments.
Best wishes to all.
DYDX Long SetupDYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
Is DYDX/USDt 650% Potential as per Chart?$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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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.
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Dydx equilibrium testBINANCE:DYDXUSDT
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