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✖️DYDX ✖️_ Technical & brief Fundamental!!! Today let's take a look at the DYDX token from a technical and fundamental point of view.✅ Fundamental : dYdX is a decentralized exchange and trading platform built on the Ethereum blockchain which enables users to trade cryptocurrencies with margin, lending and borrowing, and perpetual swaps through a non-custodial platform. dYdX has a user-friendly interface that makes it easy for traders to access the platform's services. It has a strong development team that is dedicated to improving the platform's functionality and expanding its capabilities. Additionally, dYdX has secured significant funding from reputable investors, which demonstrates the confidence that the investment community has in the project's potential. The project has also formed partnerships with other prominent players in the blockchain industry, such as StarkWare, to improve the scalability of the platform. Overall, dYdX is a promising project with a strong development team, user-friendly interface, support from reputable investors, and most importantly the project goal since many crypto users have lost their funds recently with centralized exchanges. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Technical : DYDX token has managed to form a rectangle pattern in the daily time frame. If we look at DYDX from the theory of Elliott waves; DYDX has created the popular Expanding Flat(3-3-5) corrective pattern inside the rectangle pattern. I expect DYDX to fall to the lower line of the rectangle pattern over the next few weeks. DYDX Analyze ( DYDXUSDT ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
Short
by pejman_zwin
4
Short crude oil when reboundingBecause the market is vigilant about frequent and more substantial interest rate increases by the Federal Reserve, concerns about the global recession have increased, and the global stock market has generally weakened, which has dragged down oil prices. On the daily chart, oil prices continued to weaken in the short term, and fell back after the rebound in the previous trading day was blocked, suggesting strong selling pressure above.From the technical structure point of view, oil prices have still been in a wide fluctuation trend in recent months, and at the same time, they have also formed a short-term wedge-shaped consolidation trend to make a transitional market before the direction is chosen.The current support and strong support for oil prices are the 74.3 line on the wedge-shaped extension cord and the 72.3 line on the extension cord of the shock box below. The resistance above the short period is at the 76.5 line, and the stronger resistance is at the 77.6 line at the intersection of the short-period moving average and the Bollinger band. In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
TVC:USOILShort
by Blessed_V
Buy Bitcoin at 17600 | Secret level Buy/long Bitcoin at 17600, because there is an unfilled GAP between the previous candles. It's the start of the huge parabolic uptrend, and the bulls will most likely defend this level! It looks like Bitcoin is going to reach levels above 25000 after we fill the GAP and complete this Elliott Wave corrective pattern (ABC). Currently, we are in wave B. Why should Bitcoin not fall below the 17600 level? There is no reason to go down because the majority of liquidity is exactly at this point. What is the target for wave C? Wave C 's target will be specified in one of my next analyses. Make sure you follow me! We need to use a FIB extension from Wave A -> B later to help determine the target. But at this point, we can speculate between 25000 and 39000. On the chart, I can see a strong impulse wave (A). This gives us a great chance for a continuation to the upside after we finish this correction. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. If you haven't seen my previous analysis, where I told you that Bitcoin could go to 10k, make sure to check it out right now! At this point, we need to be patient and wait for bitcoin to reach 17600. If we reach this level, it's a good idea to turn bullish again and buy some great altcoins as well. Thank you, and for more ideas, hit "Like" and "Follow"!
Short
by UnknownUnicorn2537518
87
USDCHF: Detailed Technical Outlook 🇺🇸🇨🇭 USDCHF is currently consolidating. The price is stuck between 2 horizontal key levels that compose a range. 0.9425 - 0.946 is the resistance of the range. 0.9285 - 0.9306 is the support of the range. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios: If the price breaks and closes above the resistance of the range, a bullish continuation will be expected at least to 0.9537. If the price breaks and closes below the support of the range, a bearish move will be expected to 0.9193 support. Wait for a breakout, that will clarify the future direction of the market. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
2
Gold will continue to be shorted after the reboundInvestment is like a marathon. It doesn't care about temporary wins or losses, but depends on the final outcome and the growth after experience accumulation.Everyone who can write a story has an unbearable past, and everyone who makes a lot of money has a past that has gone through a lot of hardships. On March 8, gold's short orders near 1823 successively took profit and left the market near 1813-1812, accurately seizing the profit margin of the retracement after the rebound.How to seize the opportunities in the gold market today. From the perspective of technical analysis, we can see where the operating opportunities for gold are from the following points: 1.After Tuesday's plunge, there should be two types of trends on Wednesday. One is to continue the decline, and it must fall below the trend of 1810-1805 in order to continue the decline; the other is to stop the decline and rebound to correct, but the correction will not be very strong, and the pressure will be on the short-term top and bottom conversion pressure of 1820-1830, and then continue to oscillate. 2.Obviously, the second type of trend was followed on Wednesday. After stopping the decline, a small rebound was formed, which was obviously under pressure on the short-term top-bottom conversion pressure position 1820-1830 line, and the decline was supported by the 1810-1805 line, thus forming an inter-cell shock trend of 1805-1830. 3.Fluctuating trends between small zone, there are opportunities for long and short positions, but planned transactions are required in operation, otherwise they will be swept back and forth between small zone. Currently on the 4-hour level map: The stochastic indicator shows the golden fork, which supports the bullish gold market in the short term, but one thing to note is that although the gold price rebounded in the short term, the overall rebound high pressure has been shown, temporarily at the position of 1825; and the pressure position of the middle Bollinger band will gradually move down to the position of 1830. Taken together, the operating idea in the short-term intraday period is to choose the idea of low absorption and high throwing in the range of 1810-1825. In order to facilitate you to continue to follow up on my analysis and sharing, you can like and follow me. In addition, you can enter my channel for free in the following ways to follow real-time views and operational strategies. TVC:USOIL FOREXCOM:XAUUSD TVC:GOLD OANDA:XAUUSD
OANDA:XAUUSDShort
by Blessed_V
1
EURCHF: Your Trading Plan For Today 🇪🇺🇨🇭 EURCHF is currently consolidating. The pair is trading within a wide intraday trading range. Currently, the price is approaching its lower boundary. To buy the pair with a confirmation, watch a double bottom pattern. 0.994 - 0.9943 is its neckline. Wait for an hourly candle close above that, buy aggressively or on a retest then. Target will be 0.996 If the price sets a new lower low, the setup will be invalid. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
5
ISMT MULTIPLE YEARS CUP BREAKOUT!!!Hello to everyone The price given multiple years cup pattern breakout with massive volume buildup. Breakout also done by good candle above the resolution point. price consolidated for very long time near the resolution point an finally given the breakout above the resolution point. RSI also taking strong support at the 60 level and the price holds itself perfectly which is showing that price has enough momentum and potential to go upside for their upward targets. The range of 40--42 is strong support zone for the price. After breakout we can expect targets of 100--130 in next coming days. After multiple years breakout expecting good move in price. Keep the stock to your radar list for good returns. ISMT LTD 👉Multiple Years Cup Breakout ✅ 👉Breakout after long time consolidation👍 👉Good volume Buildup✅ 👉Strong Breakout 👉RSI at 60 support 👉After Breakout Possible Targets-- 100/130+ 👉Keep on radar✅ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
ILong
by Jha_Nidhi
2
Price Prediction: Gold within 1-3 Years $2500 or $1300.- Gold is trading in a bullish rectangle pattern, since the previous trend before the current 2 year trading range was upwards. - Closing above $2075 starts painting a picture of price likely headed towards $2500. - Closing below $1685 and then the $1620 ish area starts to get bearish towards $1300. I am personally long the gold sector. - The fundamental picture suggests a huge asset crash across the board, on the horizon. - The technical picture (until otherwise) draws a bullish rectangle pattern, which would mean price likely climbs towards $2500. **This is not financial advice or financial recommendations.
TVC:GOLDLong
by austriancapitaltheory