DYDXUSDT
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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Thanks for Your Love & Support..!!
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: 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 $23 and beyond ones.
The Blue region on the chart looks like it toughest demand zone for now. If it lose that; we are headed to test the trendline of what looks to be forming like a Falling wedge.
Other Indication on VOLUME:
On Balance Volume at the bottom of the chartshows an ascending movement. Which could be VOLUME building up. But again; it should maintain the upwards trajectory for a breakout to give us more confirmation on DYDX breakout.
2 Possible scenarios: On a 4H TF
1) Either we get enough momentum to rebound from the Blue zone
2) Or we look for a rebound off the falling wedge trendline.
P.S.: New York / US Brink session will help decide the fate of the reversal for DYDX if any major momentum has to be looked for.
Do share and happy to hear any feedbacks or suggestions.
Stay Safe. And happy trading!
DYDX in symmetrical triangle#DYDXUSDT
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$DYDX is in a bullish trend from the beginning, now price is above a strong support zone, that include so many support lines too. also I see a symmetrical triangle which is a bullish pattern, a break out from this triangle will take price to $32 or even $38 in midterm.