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DYDXUSDT

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. Like and follow if you liked this idea!
Long
by DU09
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.
by parissap
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. ----------------------------------------- DYDXUSDT ----------------------------------------- ▶️ Buy: 22.3 ⚠️ Stop loss: 1D candle under 2.7 ⭐ Target 1: $27.3 ⭐ Target 2: $32.4 ⭐ Target 3: $40 ----------------------------------------- Good luck 💗
Long
by Amr_Tawfik
6
DYDXUSDT is Converging and two timing to entry!/Trading strategyBYBIT:DYDXUSDT - 1H trend chart - 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 - 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. - 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. - If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
4