DYDX/USDT - Market Update 07.08.22Hello Traders!
DYDX completed the fall phase, after which the consolidation range of $1.00 - $3.17 was formed.
Based on the analysis of the smaller timeframes and the current state of the market, we can assume the continuation of the local growth to the upper border of the consolidation range - the level of $3.17. Further, we can expect the beginning of descending price formation with the purpose of liquidity gathering to the lower border of the range - the level of $1.00.
Specifically interesting will be the purchases in the range of $1.00 - $1.44. The targets will be the levels of $2.44 and $3.17
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
DYDXUSD
DYDX/USDT : Correction is must before the next leg upBINANCE:DYDXUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
Our Last call on $DYDX has been got stop-hunted and today we'll enter positions based on invalidation and hold triggers only.
Currently, $DYDX has formed an ascending channel, And based on the data we have, There's a bearish divergence formed from 29th July to 1st August.
Also, it could be a good entry zone to locate Longs towards the higher bearish base, As $DYDX has formed a bullish order-block below at $2.00
So, In terms of using both scenarios;
- There's a Short opportunity to $2.20 with an invalidation as hold above $2.84.
With a local Long position with an entry zone from $2.30 to $2.10 with an invalidation as hold below $2.00.
- There's also an aggressive Long setup after getting the invalidation above $2.84 with the Same stop-loss below $2.00.
You can have your bullish run from the current market price or lower, But you have to manage the Risk/Reward Ratio too!
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Quickpost: Inverted head and shoulders on DYDXUSDTThe formation is pretty obvious, and the target setting is pretty easy as well. This is alt-season and the end of a bear market. You can almost throw a dart at the board and make some gains. This trade is a layup.
Linked ideas show general bullishness and reversals in the market.
DYDX/USDT 1HOUR UPDATE LONG TRADE SETUP!!hello, members welcome to DYDX/USDT 1Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart the DYDX/USDT brackout the chanel and retested the green zone now, at the current scenario we are expecting that DYDX will go up all the way to $1.98 means almost 15%.
So if it moves to the green zone again then it will be the zone to go long on DYDX/USDT
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
dYdX (DYDX) formed bullish BAT for another upto 13% pumpHi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with the US Dollar pair.
In the previous trade DYDX slightly move below than potential reversal zone, however, it then pumped well:
Now on a 4-hr time frame, DYDX has formed bullish BAT pattern.
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 : Located above the Demand zoneBINANCE:DYDXUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$DYDX is currently moving above the 2H's Demand zone and the lower lows (Based on the current wave) are located nearly below the Demand zone.
Looking good if we sweep out the Demand below!
Trade is based on invalidation, So I made the Stop-loss quite near to the lower low...
You can enter on partial entries at $2.20 - $2.15 - $2.10
- Set stop-loss as an active close below on the 4H time-frame.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
dYdX (DYDX) formed bullish Gartley for upto 13% moveHi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with Bitcoin pair.
On a 4-hr time frame, DYDX has formed a bullish Gartley pattern:
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: BEARISH EXPANDING TRIANGLE.Hello guys, here's a trade setup on DYDX in 4 hours TF.
DYDX looks good for shorts. It is forming a bearish expanding triangle with the current price close to the resistance. If it plays out accordingly then we can expect a -30% drop.
Best entry: $2.137 to $2.273.
Stop Loss: $2.464.
Targets:
$1.914
$1.834
$1.755
$1.686
Note: DYDX is currently at the 21 MA support ($2.04) and if it breaks down below it then we can the short position. Be watchful and do not FOMO. You can use 5x to 10x lev with the SL.
DYDXUSDTHello everyone
According to the chart and our previous serial analysis we publish that the price need to have more correction from 15$ price and now the price is how much ??
Be patient to hunt the hunter :D
As you can see on chart we expect that the price can drop to stop hunt the orderbok then its ready to move upwards to complete the correction and we think that the price is moving in bearish market in a year but just a prediction.
And in this chart we put a point, if anyone can guess at first we wanna give 500$ prize for find it and tell at first.
If you have any question send us messages
Good Luck
Abtin
Previous analysis :
DYDX: Strong news = Strong coin💪While everything else falls, DYDX grows.
Why? As in most cases, when coin looks stronger than a market there are news that give it power.
If we check DYDX twitter we can see that developers announced something big, even tho, nobody knows what it is, this announcement was already enough to make it grow 30% , while BTC dropped more than 7% .
Will enter the position when price squeezes to the trendline on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
3% - 1/3
6% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
DYDX zones where Ill open LONGBINANCE:DYDXUSDT
For May and summer $DYDX will trade in range between 8 and 3 dollars.
Ill open long at
3.80
3.40
2.86
Possible to see squeeze down if in May we will see increasing the rate FRS really hard
Targets for this trades
5.80
Around 7$
About investments zones for DYDX ill make a new IDEA and will show investments zones and targets where you can mark your FIX position
DYDXUSD staging a complete bullish reversalDYDXUSD is on a strong green candle on the 1D time-frame that hit the 1D MA50 (blue trend-line). A break above it will make a strong reversal case on the long-term as after that, the last barrier to break would be Lower Highs trend-line 3. Basically this is a bullish reversal on its last stage as we can claim that since February 24, DYDX has made a Triple Bottom formation and is on a 1D RSI Bullish Divergence, which is on Higher Highs and Higher Lows as opposed to the price action's Lower Highs and Lower Lows.
The LMACD is close to a Bullish Cross and a break above the Lower Highs 3, would put the coin inside the Break-out Zone, which would make it a confirmed Buy. After that, and despite having to overcome the 1D MA200 (orange trend-line), DYDX should gradually start filling the 0.5, 0.786 and eventually 1.0 Fibonacci levels and those are our targets on the long-term.
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