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DYDXUSD

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.
Long
by NewThoughtCrypto
2
DYDX/USDT - bullish pennant with 2-3x potentialDYDX/USDT is showing a very promising bullish setup which will likely break out soon. In this setup we can see a bullish pennant which is shaped like an inverted head and shoulders pattern that's near completion, successful retests of the previous downtrends and price sitting above the previous 2.50 resistance. I really like the look of this setup and expect to see high double digit % returns and potentially even a 2-3x depending on the momentum of the breakout. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - Buy zone: current price range, anywhere near the tip of the pennant or if you prefer a safer approach buy the breakout - Targets are marked in the chart In case of a pattern failure look for support on the dashed trend lines for a potential re-entry. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ I will try to keep this idea updated as the chart develops. Best of luck and let me know what you think!
Long
by Wolfy_
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 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
34
DYDX IdeaBINANCE:DYDXUSDT The circles of the chart are resistance points and there is a possibility of a temporary price reversal, a little Pull-Back. ⚠️🚨 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. ✅ Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
Long
by Arash-RK
DYDX UpdateThe price has faced high resistance to cross the trend line (neck line in the Head & Shoulders Pattern). For this reason, we are preparing for an upward trend (short term). ✅ ✅ 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
by Arash-RK