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DYDXUSD

$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
Long
by TheBlankFund
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!
Long
by DU09
DYDXUSDT , Exactly our buy zone area works :D :D :DHello everybody According to our last analysis in correction wave we shown on chart buy zone area that can work and support the price We wanna publish this idea last night but we got alert from the tradingview team that we only can publish 10 chart in a day And this happend and we can publish this amazing situation for buying for you traders At this time because of the movement of the candle its not good time to take in position but if you wanna have dydx in your portfolio or ... you can enter in position after some correction Previous analysis : Dont forget manage your position Good Luck Abtin
Long
by Abtin00
12
dydx 11-07 update>dydx is a gem 💸 this is a longer term swing for me. i'm extremely bullish on dydx, been swinging it since it came to market not too long ago. it is one of my favorite projects recently, and i do think it has a very bright future ahead of itself. ---- from the day it came to market to the local peak, i could count 5 waves within this structure; so i am labeling the top at $27 as wave (1) of a higher degree. wave (2) pulled back into the local golden zone (via linear scale), where some decent bullish divergence arose \ accumulation had taken place as demand quickly rose. wave (3) target = $42 ps. daily macd is starting to curl up, i think we could see this run pick up some steam very quickly into the days\weeks ahead. ps2. i am holding a large position from around $14, and i might even add some more if i see another setup along the way - keep an eye out for updates on this post.
FTX:DYDXPERPLong
by notoriousbids
1
DYDXUSDT , We should buy buy buy because ...Hello everybody Are you ready to start this amazing week for trading ?? In here we have new token of exchange DYDX We analysis in technical and fundamental view and i will explain it for you traders to understand why we should buy it In technical view : After the token was came to market for trading we had upward rally and the price is going up to 28$ , we need some rest and pullback for the price to buy , we shown on chart that the red zone is the zone we should buy and HODL DYDX The other reason from the technical view is we have downward trendline and the price is compressing and after compressing its ready to jump to the targets that we shown and will shown on chart In fundamental view : DYDX exchange is the first DEFI exchange in USA wanna make futures trading and its so attractive for the traders for trading in future market in DEFI area And ... If you have any question about the market or any thing you can just send us a mesaage Be with us and sleep comfortably Good Luck Abtin
Long
by Abtin00
2
🧮dYdX- Bottom is in? FIB 1.618 & 0.618(Forgive me the messy chart, but there's no other way I can present this) The chinas ban on crypto and temporary hype on decentralized exchanges pushed DYDX to #1 spot in terms of 24h volume. But the hype didn't last long, so the price suffered 50% decline. Now it looks like the bottom is in. The price has sat on 15.00 level creating potential double bottom. There's a confluence of 1.618 & 0.618 fib levels. Bullish divergence is visible on both MFI and RSI indicators. Entry: buy at current price(green box) -- or wait for the confirmation: the price to break the neckline of this potential double bottom (watch lower timeframes) Long-term targets: TP1: 16.76 TP2: 18.42 TP3: 19.47 TP4: 25.09 ----------------------- About DYDX: dYdX is a non-custodial decentralized exchange that allows users to leverage trade via Ethereum smart contracts. This gives traders the ability to trade on margin while also benefiting from the security provided by Ethereum. dYdX also partnered with StarkWare to build a layer 2 protocol for the exchange. This allows traders to deposit funds and trade instantly without paying gas fees for every transaction. Source: yahoo
Long
by V0VOLAN
4