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DYDXUSDT

DYDX update, is market crash near?Hello traders, I am expecting a drop from current zone, by breaking the price of 2.28, and first target will be the FVG box as I have indicated in the chart... we can clearly see bearish flags on most of crypto coins currently, and I think we will have a market crash from alt coins, so you should trade carefully and do not enter the market without marking a confirmation... as for BTC, I think last target will be the market bottom which is 16k, and if it hits 16k again, it will be a DOUBLE BOTTOM, we will see a nice bull market then... I don't really work with patterns anymore, but if DOUBLE BOTTOM is formed, it'll be a good sign for bull market... and I don't think that we will have more growth yet from DYDX, unless the price of 2.78 is broken, I mean the EQUILIBRIUM area.. so we're currently trading in a range which is 2.28 - 2.78... enjoy trading, trade carefully <3
Short
by rawayoussef0
✴️ dYdX Triple Bottom, Bullish Breakout (275% Potential)We will keep this one short as more information can be found in a previous trade idea. dYdX here is showing a triple bottom and now a bullish breakout. This weekly session is moving above a consolidation pattern which can lead to additional growth. I am seeing an easy target of 60% with a potential to hit 275% mid-term. Can be a bit lower but also a bit higher... Thank you for reading. I'll share additional charts with you all looking great. Namaste.
Long
by AlanSantana
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_