DYDXUSDT
DYDX offers an impressive profit potential of +850%The BINANCE:DYDXUSDT pair is exhibiting a notable resurgence from its support zone, indicating a prevailing bullish sentiment. While a minor correction remains a possibility, its likelihood appears diminished. Nevertheless, it's prudent to maintain a Dollar-Cost Averaging (DCA) strategy, with a focus on a threshold of 2.0 in the event of a price reversal.
Should the current upward trajectory persist, the forthcoming resistance level is approximately $5.00.
Entry Price: Presently hovering around $2.79, with additional DCA consideration at $2.00.
Targets:
1. $3.50
2. $4.45
3. $8.56
4. $11.87
5. $14.76
6. $26.68
Stop Loss: $1.76
This trade presents a favorable opportunity, boasting significant profit potential.
Best regards,
DYDXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Price going by alternative option.
Main target zone: 4.5 - 5$
Stop: under 2 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
DYDX NEW UPDATEThis analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
The previous wave count of dydx and diametric was found to be correct, but the price did not reach the demand range of the previous analysis so that we entered the buy/long position. But now we have a good range to enter a buy/long position on the chart.
It looks like the G wave that was our last diametrical wave is over and we have entered the rising C wave.
Closing a daily candle below the invalidation level will violate the analysis
#DYDX/USDT#DYDX
The price is moving in a downward channel and it has been broken to the upside
On the 4-hour frame, we have clear upward momentum after some correction occurred
We have support from the Moving Average 100 breakout
Current price 2.77
The first goal is 3.00
Second goal 3.16
Third goal 3.40
DYDXUSDT = Forming a triangle patternAs you can see in the image BINANCE:DYDXUSDT is currently forming the triangle pattern. in the next few days we can see the triangle pattern forming.
The triangle formation is between the strong support and resistance. Support is around 2.5$ and resistance is around 2.8$.
Most likely the triangle pattern break will be towards the resistance and we can see some nice bullish moment, however we ned to wait till the breakout to be sure.
We will update the chart when the triangle formation completes and breakout is confirmed.
Cheers!
GreenCrypto
Long DYDX 🚀🚀🚀I haven't been posting as many trade here to tradingview due to time constraints. But here's one for you guys. My next pick goes to DYDX. You can see we have a breakout from a bullish triangle and a solid point of control just under us on the VRVP. I’ll target somewhere around the double-top area (4.14) for a 4/1 rrr. SL will be 2.93. My port weight is 20% on this one. That should tell you how bullish I am rn.
DYDXUSDT based on 1h chartHello traders, I am expecting a ranging between the Orange order block which is considered to be Premium zone, and the blue oB...
and then a Liquidation upward, then a dump towards the green zone (2.775 - 2.900)
Trade carefully and always move your SL to Entry Point...
enjoy trading <3
DYDXUSDT long IdeaHello everyone!
Bullish breakout spotted! Planning to buy if the price sustains above the channel resistance, aiming for $3.00.
BINANCE:DYDXUSDT
⚠️ Hey friends, just a heads-up:
This content reflects my personal take on the market, driven by what's out there for everyone to see (news, reports, data) and my own trading experience. While some of my thoughts stem from actual trades, others are just me brainstorming. Remember, I'm not a financial advisor, so your trading decisions are yours and yours alone.
✅ Got questions or ideas? Hit the comments!
I'm always up for dissecting any crypto, currency pair, or stock index that catches your eye. Just drop a name or a chart, and let's explore it together!
DYDX ANALYSIS🔮 #DYDX Analysis 🚀🚀
💲💲 As we can see that there is a formation of Descending Channel Pattern in #DYDX and we can see a reversal from its major support zone. 📈📈
💸Current Price -- $2.604
📈Target Price -- $3.522
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#DYDX #Cryptocurrency #DYOR
Order block M15 (DYDX)📊Analysis by AhmadArz:
🔍Entry: 2.81
🛑Stop Loss: 2.86
🎯Take Profit: 2.74
🔗"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!
dydx analysis (4H)It seems that we have a diametric diamond whose g wave remains. The green range is a low-risk range to buy.
I specified the targets. I specified the invalidation level, closing a candle below this level will violate the analysis.
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/USDT A Bullish Trajectory from demand ?👀🚀DYDX Today Analy💎 Attention ,Paradisers! A lucrative trading opportunity awaits you with #DYDXUSDT, as it exhibits signs of a bullish breakout from the demand zone.
💎Looking at #DYDX historical performance, we can see that it has been moving within a descending channel, testing the channel resistance twice. Currently, it is rising for a bullish continuation from the demand level of $2.550. If it maintains its upward momentum, it could reach the supply zone above $4.240.
💎 However, in the dynamic world of trading, having a backup plan is essential. If our initial analysis fails to materialize, we are prepared to switch to a possible bullish bounce from a lower demand level at $2.228. But be aware that falling below this level could trigger a significant bearish drop.
#DYDXIt is moving in a downward channel in daily and H4 times. The correction of the last wave of a three-wave is observed that the current upward correction in the supply area can reach the specified areas and return at least 100% of the wave. Therefore, you can enter a sell position in the specified area with confirmation.
DYDX/USDT Breakout the Falling Wedge. Bullish Momentum ??💎 DYDX's market performance has recently been in the spotlight. Presently, DYDX has impressively broken out of a falling wedge pattern, indicating bullish momentum for its upcoming movements.
💎 The price is currently in a retesting phase at the trendline, and there's a strong probability that it may bounce back, resuming its upward trajectory towards our targeted bearish OB area.
💎 However, if DYDX dips below the trendline again, it could be a sign of a false breakout, which might lead to a reversal in its trajectory towards the support level at 2.25.
💎 The support level at 2.25 is a critical juncture for DYDX, given its history of being a strong point of resistance or support. If DYDX revisits this level, a bounce back would be essential to prevent a shift into a bearish trend. Failure to rebound from this support could mean a continued decline, potentially leading to even lower price levels.
🔔 DYDX/USDT Analysis 🚀✨ Market sentiment on DYDX/USDT is turning bullish, as the price shows signs of gaining momentum.
📈💫The current market structure suggests a potential 2x bullish move in the upcoming days, creating an exciting opportunity for traders and investors! 🚀💰
❗️Disclaimer: Remember, this is not financial advice! Always do your own research (DYOR) and make informed decisions.
🔍💡Keep a close eye on the DYDX/USDT pair and stay tuned for further updates! 🚀📊
DYDX/USDT Could DYDX Breakout the Falling wedge ?? Keep On EYE!💎 DYDX, a prominent player in the cryptocurrency market, has recently shown strong performance. It exhibited a robust bounce off a key support area and is currently on an upward trajectory toward a pivotal resistance trendline within a falling wedge pattern.
💎 A successful breach of this pattern could catalyze DYDX's continued rise, possibly leading it to challenge and break through the bearish OB area.
💎 However, should DYDX encounter resistance at this trendline and fail to break out of the pattern, there could be a reversal in momentum. This scenario might see DYDX retrace its steps back to the support zone around the $2.26 mark, where it would need to gather new momentum.
💎 The support zone at $2.26 becomes critical in this context. DYDX must demonstrate resilience at this level to maintain its bullish stance. A failure to hold above this support, marked by a breakdown, could signal a shift towards a bearish trend.
💎 Such a development would likely result in DYDX descending further, potentially towards a stronger demand area, underlining the significance of its ability to maintain support levels.
dydx Long dydx hasn't shown much potential lately. Considering the development and migration to its own chain from ethereum, this was expected. Looking at the 1H chart we see an engulfing bullish candlestick breaking out of the descending channel. This is a bullish signal to buy and HODL dydx for the upcoming weeks.