DYDXUSDT
DYDXUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market
target: 26 - 30 - 32
after first target reached move ur stop to breakeven
stop: ~16(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5
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DYDX AnalysisDYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.
DYDX/USD - Pump to $21, then re-assess. 😎DYDX has touched the support again and had a good bounce on it towards $19. This can lead to a nice rally towards $21 where we have the next key resistance.
We could break above that level if bullish momentum maintains. As you can see this downtrend channel can also be a bullish flag.
I would not exclude such a scenario where DYDX breaks up and pumps towards a new all-time high.
It is a bit early for that, but if we manage to make the top of the channel support after a breakout then DYDX will pump hard. See idea on the chart.
Indicators are turning bullish under 1D timeframe.
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DYDX UPDATE: daily close inside the flagDydx has closed a 1D candle inside the bullish flag, we can see a bullish trend to $21 and a huge pump if breakout the flag to go to our targets.
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DYDXUSDT
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⚠️ Stop loss: 1D candle under 16.5
⭐ Target 1: $21
⭐ Target 1: $27.3
⭐ Target 2: $32.4
⭐ Target 3: $40
⭐ Target 1: $50
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DYDX Buy. Target? Maybe 30$dydx price decreasing in last 30 days. last night price touch trend line and back of the channel & support zone move price up again.
i think price move up & down again until this triangle complete (probably triangle will complete in middle of November). then price go to top of channel again and more.
buy at 17.5 - 18.5
TP: 29-32$
SL: Daily candle under 15
That's just my idea.
DYDX/USDT Ready for $50 ( 132% )#DYDX/USDT Chart Update:-
$DYDX currently trading at $19.39
Now Trading above strong support level.
What now..?
If hold this support above $16.50 then we can see Bullish.
And above $23 sky rocket.
Also keep an mind Support level.
Below support it will bearish.
Support:- $16.50
Resistance:- $23
DYDX in descending parallel channel#DYDXUSDT
$DYDX is trading inside a descending parallel channel and try to break out from middle line. if price success to break out the middle line which is the same with a resistance zone and then upper line of parallel channel (that's too much) then price will head up toward $32 and $34
but I think it is possible that price drop more to touch the support zone around $17.8 that is the same with long term ascending support line,and then a strong rally to $32.
dYdX U.S. Dollars (T)After wicking itself a support, dYdX has coiled up and popped out of its descending wedge. I've taken the trade at $22.900, looking to take half profit after reaching $29.000 and the rest at $38.000.
Stop loss set at 19.900.
A retest would of been preferable but the wicked support gives me confidence in taking the trade.
Let me know your thoughts below.
Dydx getting ready for a big move to $40 - 80% ProfitdYdX (DYDX) protocol token is the governance token of the dYdX community that can be used to gain mining rewards and participate in staking pools, and receive trading discounts on its exchange.
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DYDXUSDT
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▶️ Buy: 22.3
⚠️ Stop loss: 1D candle under 2.7
⭐ Target 1: $27.3
⭐ Target 2: $32.4
⭐ Target 3: $40
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Good luck 💗