DYDXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
The initial diagonal have been completed, im waiting for correction and continuation of growth.
Entry zone: 2.4 - 2.1$
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It's not financial advice.
DYOR!
DYDXUSDT
#DYDX/USDT
#DYDX
The price is moving below a descending triangle with a strong support area at 2.80
We have a downtrend that is about to break higher
We also have a trend in the RSI that is expected to be touched
It is expected to rise above the Moving Average 100
Entry price is 2.90
The first goal is 3.25
The second goal is 3.50
Third goal 3.83
📈DYDX is going to retest then start rally📉BINANCE:DYDXUSDT
KRAKEN:DYDXUSD
Hello traders.
I believe in DYDX, why? Because of this alt-season (before or after halving), DEX (decentralized exchanges) are going to be under more attention.
The price has reached an important level and now there is a possibility that the price will return to the support zone.
After the price reaches the specified support level, the price can return to the bullish rally.
Below the level of $3.05, the scenario of a price return to an upward rally will fail.
The divergence of the indicators is shown in the chart.
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DYDX UPDATE (1D)The big A and B waves are over. Now we seem to be in the big C wave, which looks like a bullish diametric.
We have drawn a box around large waves.
If we want to focus on the structure of the big wave C, we are now in wave c of this diametric.
Wave c of C is also a diametric, so now we seem to be in wave d of c. A bullish wave of e is expected to start from c soon.
The green range is a very important support that DYDX has retraced.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
invalidation level : 2.699
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
DYDX: trade in pollback📊Analysis by AhmadArz:
🔍Entry: 3.446
🛑Stop Loss: 3.366
🎯Take Profit: 3.528-3.606
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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📈DYDX is going to retest or fall further📉 BINANCE:DYDXUSDT
KUCOIN:DYDXUSDT
Hello traders.
I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention.
right now, there are 3 scenarios in front of the traders.
in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of the pitchfork.
in 3, due to the heavy sell pressure, the price can sorely decrease below the 3.498 level. In that case, the bearish target would be $3.153.
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🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
📈DYDX quick long-position📉BINANCE:DYDXUSDT
BYBIT:DYDXUSDT.P
Hello dear traders.
If the price does not return below the $3.8 level, the bullish scenario will be strong.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
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⚡ DYDX Trade Setup ⚡📊 Analysis:
Context: The Dencun upgrade on the horizon could introduce volatility in the ETH ecosystem.
Technical Outlook: DYDX on the HTF is flipping old resistance into support, potentially leading to a move to new range highs around $6.80.
Trade Percentage: Use a reasonable percentage of your capital, considering potential volatility.
Buy Zone: Consider entering the trade around $3.80 - $4.20.
Take Profit: Target potential profit levels at $4.50, $5.10, and $6.90.
Stop Loss: Implement a stop loss if the price loses support of $3.60 on the daily chart.
🌐 Note: Keep a close eye on the Dencun upgrade and adjust your strategy accordingly.
DYDX/USDT: Bullish Signals on the Horizon!The DYDX/USDT chart is showing two interesting technical indicators suggesting a potential uptrend:
Double Bottom Pattern: This formation often precedes a price increase.
Touchdown at 60-Day Moving Average: Support from this key moving average can signal a bounce.
Potential Long Trade Opportunity:
Based on these indicators, a long trade entry above the 60-day moving average (around $3.97-$3.98) could be an interesting possibility. However, remember, this is not financial advice.
Target Levels:
Here are some potential profit targets based on Fibonacci retracements:
Target 1: Fibonacci 0.5 - $4.44
Target 2: Fibonacci 0.618 - $4.48
Target 3: Fibonacci 1.0 - $5.00
Stop-Loss Recommendation:
Consider placing a stop-loss order below the double bottom's price range (around $3.75) to manage potential risk.
Key Takeaways:
This analysis highlights potential opportunities, but it's not a guarantee of future performance.
Do your own research before making any trades.
Consider using stop-loss orders to manage risk.
By understanding these factors, you can make informed decisions about your DYDX/USDT trading strategy.
Good luck!
DYDX: buy & sell📊Analysis by AhmadArz:
🔍Entry: buy= 4.110 / sell= 4.379
🛑Stop Loss: buy= 4.050 / sell= 4.456
🎯Take Profit: buy= 4.165-4.228 / sell= 4.313-4.228
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
✅Price is in al bullish rising channel...✌️Hi.
COINEX:DYDXUSDT
Price is in al bullish rising channel and recently bounced from the lower border of it👀
Now CRYPTOCAP:DYDX is testing a resistance zone, breaking through which the price will rush upward to the upper border of this channel🔺
✅ Due to the ascending structure of the chart...
- High potential areas are clear in the chart
-AB=CD
-Ascending Triangle
-trend line
- Ascending Channel
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
- OKAAAAY LESGO!DYDX has overcome the key resistance level of $4 - pump indicated
You might like this shmoken or nuh but it demonstrates more signs of pump
In general, the current market conditions allow it.
Must overcome the $4.2 resistance level to continue growing.
Positions
market price SL 3.858
3.824 SL 3.719
3.697 SL 3.581
3.458(if you lucky) SL 3.318
Follow risk!
Perfect Cup and Handle formed on a Weekly Chart. BULLISH!DYDX, aside from the wave of moving into what crypto is supposed to be “decentralized”….This chart screams bullish with no intent to stop once it rips. You can see a beautiful cup and handle formed and this accumulation has been like this since February of 2023….if you go back further the first wave of accumulation started in may of 2022… Volume on the handle that started forming in Nov 2023 has now gradually went down and is a great sign that selling pressure is exhausted/coming to a end and we can expect whales to pump this thing up from here.
#DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy #DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy
We are in profit for more than 60% of the growth of this currency, it seems that there will be a correction from here and if the conditions and market confirm, I will enter the reverse trade from here. Please keep an eye on Bitcoin and indices including Total 2 and Tether chart. Do not enter into the transaction without obtaining the necessary approvals.
The reason for the decision for short transactions is the analysis of the market, Bitcoin and Tether charts.
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(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of #Bitcoin from the link below :
My #Analysis of #USDT "Tether Market Cap Dominance" from the link below :