"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 $2.825 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
DYOR
Dydxusdtlong
DYDXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
2 possible options:
growth from current price or through one more decline in zone 2.4 - 2.2
Main target zone: 4.6 - 5$
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/USDT - dYdX: TD Sequential◳◱ On the $DYDX/ CRYPTOCAP:USDT chart, the Td Sequential pattern suggests a pause in volatility, potentially gearing up for a breakout. Traders might observe resistance around 3.537 | 3.731 | 4.176 and support near 3.092 | 2.841 | 2.396. Entering trades at 3.09 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: dYdX
▣ Rank: 102
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Decentralized Exchanges
▣ Overview: dYdX is a decentralized exchange built on the Ethereum network delivering key financial instruments to users such as perpetuals, margin and spot trading, as well as lending and borrowing. dYdX equips traders with off-chain order books with on-chain settlement and enables them to short-sell tokens, increase exposure by longing with leverage, or earn interest on deposited tokens to move quickly. dYdX leverages StarkWare's Layer 2 to eliminate the need to trust a centralized exchange while trading, and thus combines the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange.
◰◲ Technical Metrics :
▣ Mrkt Price: 3.09 ₮
▣ 24HVol: 55,952,061.639 ₮
▣ 24H Chng: -4.275%
▣ 7-Days Chng: -3.92%
▣ 1-Month Chng: 30.06%
▣ 3-Months Chng: 50.31%
◲◰ Pivot Points - Levels :
◥ Resistance: 3.537 | 3.731 | 4.176
◢ Support: 3.092 | 2.841 | 2.396
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_SELL
◰◲ Technical Indicators Summary : SELL
◲◰ Sharpe Ratios :
▣ Last 30D: 3.25
▣ Last 90D: 2.11
▣ Last 1-Y: 1.07
▣ Last 3-Y: 0.05
◲◰ Volatility :
▣ Last 30D: 1.54
▣ Last 90D: 1.01
▣ Last 1-Y: 1.08
▣ Last 3-Y: 1.29
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is 0.80 - V. Bullish
▣ In-depth DYDXUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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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/USDT#DYDX
The descending triangle was breached strongly and stabilized above the downtrend
After it was broken, supported by a strong rise in Bitcoin
The rise is expected to continue to the next resistance level at $3.17
Which represents 150% of the current price of $2.32
This trend is supported by the volume currently on the market
Dydx Trying Fifth Time Dydx is currently making its fifth attempt to break this resistance level. There is anticipation for an impending breakout, potentially signaling a bullish trend. A surge of 30-60% in the near-term is foreseeable, should the breakout occur.
Disclaimer:
This analysis is purely speculative and not intended as financial advice. It's essential to conduct your own research before making any investment decisions.
Dydx main targetsBINANCE:DYDXUSDT
Visualisation for DYDX potential targets before or after unlocks in December
Possible Targets and explanation idea
➡️Over 500 days in -0.27 accumulation zone.
➡️Based on ADZ indicator whales mostly accumulated in red zone
➡️Only 1 M gap will be like a trigger for algorithm deliver the price to this target
➡️Before 15% unlocks in December we can see hype around DYDX chain
➡️Testnet will end soon and its will be also trigger for uptrend
➡️2B market cap with current supply more than real, 17$ 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 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
DYDX looking good for upward move towards 2.70The daily support is working well and holding the price for past few days. This is indeed a very strong demand zone as evident from the support zone. The price is also trading above the support zone which is a good sign for now. If this daily candle closes above that zone, it would be a good strength sign for upward move and can target the daily resistance zone around 2.70.
DYDXUSDT hit the daily support and likely to go lowerThe price has hit the daily support which provides a opportunity for a long position. However, one has to be careful as it seems the upside for the long is limited here. If I had to play this one, I would play as marked on the chart. If the current daily support loses, a better long opportunity will be from the next daily support and the target for that should be 2.546.