$DYDX UPDATE The $DYDX pump gonna be super huge. Are you ready?
If you didn't enter yet, then enter between $22.4 and $22.2. S/L : $21.7
DYDXUSDT
DYDXUSDt trade will be new ATHDYDXUSDT trade will go up from 100% fib level to 216%Fib level. You can enter in supply Zone area to open buy position.
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DYDXHello My friend...
i hope have nice day.
$DYDX I Think Bullish. And im bought many this it...
we see a bullish pattern in 4H & 1D +++ FLAG PATTERN.
i suggest you BTFD!!!
@PRO4SSOR
ID TELEGRAM"@HOUSE_OF_BITCOIN
DYDXUSDT is Converging and two timing to entry!/Trading strategyBYBIT:DYDXUSDT
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1H trend chart
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DYDX has converged for a while and formed an obvious triangle.
You can notice lots trend lines needed to be broken, so I'll provide 2 different entry timing for you as below
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1. Aggressive traders
There are 2 blue horizontal lines, the upper one is a nice timing for aggressive traders.
It just broke out the orange downtrend line, so can wait for price stands firm at $24.960
2. Conservative traders
Conservative one could wait for the price takes out the long-term upper downtrend line, as the pattern at the top left.
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Profit Targets:
a) 27.857----Fib(1)
b) 32.414~34.257----Fib(1.272~1.382)
c) 44.611-----Fib(2)
Stop losses:
a) 22.001-----for Aggressive traders(Red horizontal line)
I'll update for Conservative traders if the downtrend line are taken out.
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10/14/21 DYDX LongStarting a longer term position in DYDX (one of the most liquid, leading decentralized exchanges)
Traded up on the news that Binance was banning/placing more restrictions on China , makes me think that users will move to other platforms, trading on a decentralized exchange is probably going to be a good option in the future when more restrictions/regulation happens.
Although that move got faded, it's still trading in a nice price range right now between 25.057 resistance and 22.216 support.
The DYDX decentralized exchange platform is built on Layer 2 ZK-Rollup technology based on the Ethereum blockchain , which give it the security of Ethereum smart contracts combined with no gas fees for users while trading their cross-margined Crypto Perpetual Futures Contracts. Great that this can solve many of the problems for users in crypto restricted regions by moving their trading volume to a DEX that has good security and privacy. Standard Spot and Margin crypto markets are also still accessible on their L1 ETH based protocol. Backed by global institutional investors such as venture capitalist Paradigm among other angel investors and leading funds.
I see that it has good room for growth in the future not only based on their fundamentals, but also that the technical setup of their chart also looks great, which makes me very interested in a larger long term position.
Sample Trade Plan:
1- 3 Month Target: @ 30.047 (+35% profit from 22.216 starter)
Resistance: @ 25.057 (+13% profit from 22.216 starter)
Support: @ 22.216 (starter on position with room to add up to 21.092 support below)
Bottom Range Support: @ 21.092 (-4.6% drawdown from 22.216)
If trading on short term leverage up to 25.057 resistance, will have more than made back the capital spent, and can switch to spot/lower leverage to hold position long term comfortably above that 30 target.
Short term profits funding long term position.
TL;DR Basically cool project + Technicals look good + Scalable L2 will be compatible with new crypto innovations in the future -> Interest me in taking a long term position along with ETH for some diversity in DeFi exchanges
DYDX Long Trade Idea on Daily Chart
dydx 10-13 updatemorning,
dydx continues to consolidate up here, which is extremely bullish in my eyes
it's currently entered into a 4h tf squeeze, and i do think it fires off strongly to the upside soon
$34 is my target for wave 5, but it could certainly go higher if the market conditions allow for it to expand ~
DYDX bullish continuationHello, I've been waiting for DYDX for several days.
I think it will go up, with this triangle continuation pattern
DYDX Target $30-32
NeutralHi guys, it looks like we are moving in a downtrend and in case of failure you can see the price falling until the uptrend. Wait and enter after the failure.
DYDXUSDT - Flag PatternDYDXUSDT (4H Chart) Technical analysis
DYDXUSDT (4H Chart) Currently trading at $24.5
Buy level :Above $24.9
Stop loss: Below $20.7
TP1: $27.4
TP2: $32.2
TP3: $37.3
TP4: $43.6
Max Leverage 3x
Always keep Stop loss
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DYDX | Getting ready for Another Bullish Wave..!!#DYDX (update)
In 4h timeframe, Moving in Descending Channel from last 12 Days.
Expecting Upside Breakout So Keep your eyes on it 👀
If Channel broken Upside, Target Would be 30$..
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DYDX coming to the end of a symmetric triangleDYDX coming to the end of a symmetric triangle wait for direction good luck to you. DYDX will we go down or up?
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DYDX - positive scenarioHi, this is positive scenario since DYDX is holding strong on the support level. It will probably breakout any time soon. If yes buy above 23$. Stop loss 20.50$. This is not trading advice. Always do your own research.
dydx w5 swing~not much data to work with, but with what we have right now i am projecting a $34 target for the assumed wave 5
possible it comes down to $19.5 before the run begins to retest the previous channel, in confluence with the 0.382 algo target.
i've got a starter position here, and i'm willing to add more if need be.
DYDX/USDT Current update#DYDXUSDT
#DYDX Holding $21 support is good.
I am still holding.
When Exit.?
If 4H candle close below $20.50
Target: $24
DYDX/USDT: Critical Area for Rebound?DYDX/USDT has been holding it's ground so far. But for how long?
After touching the $25 zone it retraced quickly towards the $21 region.
Heavy resistance around $22.275 $22.46 region. It it breaks that we cud see DYDX head to reclaim the $23 and beyond ones.
The Blue region on the chart looks like it toughest demand zone for now. If it lose that; we are headed to test the trendline of what looks to be forming like a Falling wedge.
Other Indication on VOLUME:
On Balance Volume at the bottom of the chartshows an ascending movement. Which could be VOLUME building up. But again; it should maintain the upwards trajectory for a breakout to give us more confirmation on DYDX breakout.
2 Possible scenarios: On a 4H TF
1) Either we get enough momentum to rebound from the Blue zone
2) Or we look for a rebound off the falling wedge trendline.
P.S.: New York / US Brink session will help decide the fate of the reversal for DYDX if any major momentum has to be looked for.
Do share and happy to hear any feedbacks or suggestions.
Stay Safe. And happy trading!
DYDX/USDT Long Setup update with Proper Stop Loss#DTDXUSDT
#DYDX again turning bullish after big Retracement.
I am trying to catch below $22 for Long setup.
which will be best entry.
But If 4H any candle close below $21.40 that time don't forget to exit.
Support: $21.50
Resistance: $24
Dydx - what do you think?Hi, dydx was very strong coin last few days. Do you think it will go up or down? Hype is everywhere right now. Some alts can pump hard again.
