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DYDXUSDT

DYDX has done a nice breakout, Next target is 10$!DYDX Short term Update DYDX is a high potential coin in crypto environment as you know, This coin rejected perfectly from 7.211$ zone. A breakout of descending trend line and static support zone was a good sign for end of this long correction. This coin is out of its descending channel now, And this is perfect. Some range movements above current support area(Blue area) is expected and then the first TP for this coin can be 10$.
Long
by TahaZargar
3
DYDXIt comes down as a channel pattern To climb, you have to break the dynamic and static roof at the same time at the price of $ 12 Given the small market value, the risk is high You can enter in several steps My SL is priced at $ 7 Do not use SL and reduce the average purchase at the bottom of the channel . I have identified the goals using three-point FIB Of course, one can look at history and draw resistances ... . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and follow, thank you...
Long
by MohammadWaezi
16
DYDX refueling for flight ...The DYDX is in a position to start a strong uptrend. The compactness of this token is coming to an end, and these days it has to decide which way to go. This movement is unlikely to be down. Because in this case there is no resistance below this position. (Visible resistance) Strong fundamentals and good conditions The chart of this young token shows a sharp climb. If ascending, the best point to enter after the pullback is on its trend line. $ 10 Good luck ...
Long
by Farid-110
depth seeker.dydx is a solid exchange, one of my favorites. but because it is so new, market maker is going to try to do their best to get the best possible deal before they run this bad boy up into the heavens. --- once btc completes this larger frame correction, dydx will be one of my top picks. --- longer term target for this gem sits at around $100, but not before a deep dive to where it all began. possible it even takes out the lows to invalidate the potential for this 1-2. a break of the lows would be my ideal scenario tbh - to get it for the lowest possible price in an area most would absolutely fear buying. --- how low this goes depends entirely up to what btc wants to do from here. --- best of luck 💸
BINANCE:DYDXUSD
by notoriousbids
3
A leading decentralized exchange (DYDXUSDT analysis)📉📈 Market Cap: $$937,409,071 Circulating Supply : 56,337,466.00 DYDX (6%) ❗❌ Max Supply:1,000,000,000 Holders Statistics: Top 10 Holders 70.95% ❗❌ Top 20 Holders 80.33% Top 50 Holders 90.97% ✅What Is DYDX ✴️? dYdX is an exchange built by developers on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. DYDX token is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. Founded back in 2017 from ex-Coinbase and Uber engineer, Antonio Juliano, dYdX is a leading decentralized exchange offering Perpetual, Margin, & Spot trading, as well as borrow / lend pools on Ethereum. Users can earn interest or take loans for a nominal fee as well as trade on margin with custom leverage. Trade your crypto, the safe and secure way, with dYdX coinmarketcap- dydx.community ----------------------------------------------------------------------------------------------------------------- 📉📈TECHNICAL ANALYSIS As you can see in the Daily time frame for DYDX/USDT, the price is trading around 17 $ right now. since October after dydx reached its ATH ,it has entered in a retracement and consolidation phase, now I can imagine an expanding triangle pattern that ,the price can raise and play in this shape in the long term . but you probably know the market can form any kind of pattern. I think it wants to jump around from its recent consolidation zone .so if this candle closes above its near green support ,it is not so far to reach to red box resistance around 23$ , Well after that it can have a temporary rebounce on it previous supports and continue its upward rally ,or if it closes above resistance by a sharp candle it it hasn't any resistance in rising way . -------------------------------------------------------------------------------------------------------------------- tips: 💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.) 🔰(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) . ✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.) -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses give a big thumbs 👍 OR drop a comment 🗯💭 🙏with Best Regards
Long
by PRO_SMART_Trader
1