Dydx short scalp setup before spot long.
Hi @everyone,
I just opened a short scalp trade on DYDX.
If the short hits it targets we are going to hedge DYDX. (we are buying spot long ) As we showed in our previous post on DYDX that we expect a bullish rally if the downtrend is ending after the SPRING phase. The long position would be a ''SWING'' setup and could take weeks/months to achieve targets. While we are waiting for the spot long entries we are taking this short scalp trade.
Entries (zone) and take profits for the short setup are in the menu on the chart.
We will update this, and the previous DYDX ideas with the tradeplan for buying spot long,
Regards,
Team Quantistic
DYDXUSDT
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
In this chart, R1 used to be a long-term support line and S1 is the support line with its support of price at different points. Presently, we observe the fluctuation of price over S1 after a recovery trend and our prediction would include a rise toward higher amounts and then by receiving some falling signs, the price starts a decline downward and the short position of chart is activated. If the price is able to fix over R1, then more rise will be there for it. It is highly suggested to activate your stop-loss point due to the unstable situation of market.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Accumulation patternWyckoff accumulation scheme
We will update this idea with more charts with comparable accumulation fractals.
In this chart we are in a high potential spring phase, wich also can be defined as ''MAX OPPURTINTY'' wich is usual the final move down before strong increase in price.
How to made a trade/investment plan out of it?
1) If u are a longterm investor and u belief in an asset/company/etc, then i might want to set a buy ladder (multiple limit buy orders) below previous low(s). The risk on this strategie is that nobody knows excactly how low it can go.
2) Wait for a stong sellof below previous lows and wait for sings of reversal '' bullish div, high negative fundingrates at extreme oversold levels, fair, fud, etc. You get the point, waiting for confluence that the market might reverse after a strong selloff.
3) Wait for conformation on a swingfailure ( Bullish breakout on the downsloping trendline) This is not the best entry, but its the savest entry out of the 3.
4) Combine the 3 above with the amount u are willing to invest based on the risk u want to take.
We will update this chart with historical charts where we have seen the same kind of accumulation phases.
Regards,
Team Quantistic
#DYDXDYDX token l2 months ago had a bull period now it is in very strong support. Now it has double dip. It seems that I will reach up to 1.85. S&P 500 movement is going to specify that movement. And when we check SP500 it seems positive also. Therefore, for NOW, I only expect it to reach up to 1.85 directly. On 1.85 it should be lingered there. If it breaks 1.85 and If sp500 goes positive We can talk more. Maybe 4 or 5 dollars.
DYDX CAN DROP MOREHello, dear traders. how are you ? Today we have a setup to buy/long the LIT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
DYDXUSDTHello Dear friends
So far, according to the analysis, it has performed well.
If the current trend can be above the $3.31 range, the possibility of the upward trend will be strengthened to higher areas.
But keep in mind that the probability of reaction to this range is high. If the range of $3.31 is not consumed, we have a higher probability of forming a corrective trend similar to the red scenario.
If the bullish trend is above the $3.31 range, the possibility of completing a double bottom pattern on the weekly time frame is strengthened.
We would be happy to hear your comments
DYDX LONG TERM LONGHello everyone here is Faisal Afghan crypto trader
Here is the daily chart for DYDX and we are here buying at the key level
The only confirmation is the support level right now and we are waiting for Macd to cross as like the previous time It had Bounced right from here
we are placing a buy position
trade safe
have a good day
DYDX Price is Almost retracing to the Major Demand Zone Can be a Good Zone to buy from 1.2$ to 1$ With Target of Above 2.5$
Only Possible if BTC don’t dump hard We can see this Trade setup play out very Soon
Good luck
DYDX LONG TERM LONGhello guys here is Faisal AFghan Crypto trader
DYDX is lying above strong support level and We can see a consolidation period showing US changing of character
and Targets goes according to previous low and also a tight stop loss
plz if you wana take the trade use low leverage or margin
Lets see how its done .
DYDXUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Nothing has changed from my last idea. Everything is relevant.
Entry: market and lower
Target: 3 - 4 - 5
after first target reached move ur stop to breakeven
Stop: ~1.15 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DYDXUSDT
As we analyzed on December 1, we predicted a rising trend to happen after a fall and currently we see this prediction came true. There is R3 as a resistance area which includes the disability of the price in order to rise. R2 and R1 used to be support areas and S1 used to be a resistance line in the past at which you see the rejection of price at different points to lower amounts. Hence, we have the price fluctuating in R1 area and we predict it will continue its rising trend to reach R2 or R3 and by giving more fixation in those areas, more rise would be there for it. But bear in mind that in case the price is not supported at any point and we have some falling signs, then it will face a decline to lower amounts. Please wait for some confirmation candles and then act wisely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck