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.
Dydxusdtidea
🔔 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! 🚀📊
2-leg for buyer (DYDX)❤️❤️Thanks for boosting 🚀 and supporting us!
📈We are in small bull-trend so trade with trend but low R/R (2).
📊 (Entry) : 3.373
🔴 Stop Loss : 3.215
🎯 Take Profit : 3.523-3.693
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
"CFX/USDT Long Setup: Bullish Breakout from Falling Wedge PatterTrade Setup for #DYDX/USDT: Long Position
Analysis:
DYDX has broken out of a falling wedge pattern, indicating a potential upward trend.
The current price (CMP) serves as the entry point.
The breakout is being retested, suggesting a potential confirmation of the bullish move.
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $2.870
Targets:
$3.4
$3.9
$4.35
$5.2
$5,8
Stop Loss (SL):
Set the Stop Loss at $2.825 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
DYOR
DYDXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
2 possible options:
growth from current price or through one more decline in zone 2.4 - 2.2
Main target zone: 4.6 - 5$
Stop: (depending of ur risk). 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 target 612 he time frame
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DYDX is creating a long-term bottom structure, and if we can mark three resistance zones through Fibonacci Extension, that are 4.8~5.1 / 5.6~6 / 6.95. Also, DYDX is breaking out a triangle structure in lower time frame, which allow us to set up a trading plan that risk to reward ratio is almos 9.
TP: 4.8~5.1 / 5.6~6 / 6.95
SL: 2.7
Dydx Trying Fifth Time Dydx is currently making its fifth attempt to break this resistance level. There is anticipation for an impending breakout, potentially signaling a bullish trend. A surge of 30-60% in the near-term is foreseeable, should the breakout occur.
Disclaimer:
This analysis is purely speculative and not intended as financial advice. It's essential to conduct your own research before making any investment decisions.
Dydx main targetsBINANCE:DYDXUSDT
Visualisation for DYDX potential targets before or after unlocks in December
Possible Targets and explanation idea
➡️Over 500 days in -0.27 accumulation zone.
➡️Based on ADZ indicator whales mostly accumulated in red zone
➡️Only 1 M gap will be like a trigger for algorithm deliver the price to this target
➡️Before 15% unlocks in December we can see hype around DYDX chain
➡️Testnet will end soon and its will be also trigger for uptrend
➡️2B market cap with current supply more than real, 17$ main target
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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dYdX (DYDX) formed bullish Butterfly for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with US Dollar pair.
Previously we caught more than 27% pump of DYDX as below:
On a 4-hr time frame, DYDX has formed a bullish Butterfly move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
DYDXUSDTBINANCE:DYDXUSDT LONG
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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Dydx Still struggling DYDX/USDT
Timeframe: Daily
The price of DYDX is currently following a rising wedge pattern on the daily timeframe. I anticipate that the price might decrease by around 20-40% from this point. However, it's important to note that these are just my expectations, and we need to wait for confirmation before making any conclusions.
The initial sign to watch for is a rejection from the current level. If there's a rejection, our initial target will be the lower trendline of the wedge pattern. Furthermore, if the price breaks down below this pattern, it will provide even stronger confirmation that DYDX might encounter challenging times.
Please remember that this is just a suggestion. Before making any decisions, it's advisable to conduct your own research and analysis.
Best of luck,
If you find our analysis helpful, please consider showing your support.
Wishing you successful trading.
DYDX Needs to Breakout!KUCOIN:DYDXUSDT
DYDX needs to breakout of level marked, on the 4h we have Bullish Divergence but it needs to engage.
Otherwise look for entry ideas at possible pullback zone.
Experienced traders could potentially short to the pullback zone via a Bearish Retest or "Dirty" Bearish Retest.
BTC currently sitting in a large Head & Shoulders so we build plans around such confluence.
But we move with an edge and not prediction.
Future markets open in about 3h 20m
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
DYDX update, is market crash near?Hello traders, I am expecting a drop from current zone, by breaking the price of 2.28, and first target will be the FVG box as I have indicated in the chart...
we can clearly see bearish flags on most of crypto coins currently,
and I think we will have a market crash from alt coins,
so you should trade carefully and do not enter the market without marking a confirmation...
as for BTC, I think last target will be the market bottom which is 16k, and if it hits 16k again, it will be a DOUBLE BOTTOM, we will see a nice bull market then...
I don't really work with patterns anymore, but if DOUBLE BOTTOM is formed, it'll be a good sign for bull market...
and I don't think that we will have more growth yet from DYDX, unless the price of 2.78 is broken, I mean the EQUILIBRIUM area..
so we're currently trading in a range which is 2.28 - 2.78...
enjoy trading, trade carefully <3