DYDXUSD
DYDX - #DYDX $DYDXDear friend
I checked it in the multi-timeframe.
The price has in pullback and exists another support zone 8.1-8.3.
I think it can go up from these areas and could take 20-40% profit.
Resistances are clear.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
DYDX has done a nice breakout, Next target is 10$!DYDX Short term Update
DYDX is a high potential coin in crypto environment as you know, This coin rejected perfectly from 7.211$ zone.
A breakout of descending trend line and static support zone was a good sign for end of this long correction.
This coin is out of its descending channel now, And this is perfect.
Some range movements above current support area(Blue area) is expected and then the first TP for this coin can be 10$.
DYDXIt comes down as a channel pattern
To climb, you have to break the dynamic and static roof at the same time at the price of $ 12
Given the small market value, the risk is high
You can enter in several steps
My SL is priced at $ 7
Do not use SL and reduce the average purchase at the bottom of the channel
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I have identified the goals using three-point FIB
Of course, one can look at history and draw resistances ...
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If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
depth seeker.dydx is a solid exchange, one of my favorites.
but because it is so new, market maker is going to try to do their best to get the best possible deal before they run this bad boy up into the heavens.
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once btc completes this larger frame correction, dydx will be one of my top picks.
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longer term target for this gem sits at around $100, but not before a deep dive to where it all began.
possible it even takes out the lows to invalidate the potential for this 1-2.
a break of the lows would be my ideal scenario tbh - to get it for the lowest possible price in an area most would absolutely fear buying.
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how low this goes depends entirely up to what btc wants to do from here.
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best of luck 💸
DYDX/USDT 300% Potential from here..? From $9 to $50 ..?#DYDXUSDT Update :-
$DYDX looking good for accumulate.
Big Bull flag in Big time frame.
But
For Bullish zone need to breakout $12
If break $12 then we can see $30 easily.
My entry is $8-$9
Stop Loss is $7.20
Targets :- $12/$17/$26/$36
Support :- $8.0
Resistance :- $12
DYDXUSDT , This route can be happen Hello everybody
According to the chart , the price made pattern price and we this this movement can be happen .
But the important things is the trend of the market in DYDX is downward in this time frame and its risky position for buying but it has nice R/r to buy .
Previous analysis :
If you have any question, send us messages
Good Luck
Abtin
DYDXUSDT , Market give another opportunitiesHello everybody
Did you check our last analysis of DYDX ?
Again the market give us opportunity to buy in buy zone area , this is the most important level of supporting , and the key point of trend .
According to the chart that the price is supporting in here we expect this time to break the resistance level that is long time on our way ( trendline resistance ) , and after that we can reach to the new target
We shown another zone that you can buy if the price dump of shadow to it
Previous analysis :
If you have any question send us message
Good Luck
Abtin
Dydx really!hey traders, there is Dydx ,as we see at the chart, we need closing above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
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trade carefully guys and don't forget the risk management.
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$DYDXdYdX, a decentralized exchange (DEX), lets cryptocurrency traders access perpetuals, which are a form of derivative. A derivative is a financial product whose price is determined by the value of another asset, and derivatives in the cryptocurrency market take value from the prices of various cryptocurrencies. Using your Ethereum wallet as your dYdX account, you trade futures linked to cryptocurrencies including Bitcoin, Ethereum, Solana, Doge, Avalanche, and others.
This platform is on fire, and it’s worth warming your trading paws at the blaze. On two days in late September, dYdX recorded a trading volume of $19 billion in crypto transactions in contrast with Coinbase, which processed just $6 billion in crypto transactions during that time.
Excitement for this DEX is growing and with it an active user base that Juliano expects will accelerate growth into 2022.
It’s a bandwagon you might consider hopping on.
DYDX currently broke out of its downwards channel and its pretty much holding onto support on the daily chart.
If previous resistance now acts as support you could see this continue up.
Keep this on your watchlist.
- Factor Four
DYDX/USD - About to EXPLODE! Bullish Cross! 🚀🚀🚀If you are looking for a sexy coin, DYDX is certainly in the top 3 right now.
After a significant correction (>50%), DYDX did the second BULLISH cross on MACD moving averages on the daily timeframe. If this is the lucky cross, then DYDX is about to start a massive rally.
The first test for bulls will be found at $15. Break that, and this baby will RUN.
Bias is somewhat bullish, but DYDX has to crack this resistance and break above to turn FOMO on.
If not, then DYDX will consolidate further and a buy/entry around $11 support would be quite good I'd say.
Like and follow if you liked my idea!
DYDXUSDT Falling Wedge Pattern!!DYDXUSDT (12h chart) Technical analysis
DYDXUSDT (12h chart)Currently trading at $14.4
Buy level : Above $15
Stop loss: Below $11
TP1: $18
TP2: $20
TP3: $24
TP4: $27
Max Leverage 3x
Always keep Stop loss
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