DYDX ACCUMULATED (POTENTIAL BUY)Dealler accumulates many many months manipulating lows and collecting more and more tokens from public. In case of BTC approval, DYDX wil show an exceptional manner first going to WEEKLY targets on 5-6$ zones, than probably sicking to a MONTHLY DISBALANCE in 9-11$ zones. Huge potential for this product.
DYDXUSD trade ideas
[DYDX] could go up (+200%) to (+250%)Dydx is above value area high from mar 2024 and is trying to get above the anchored vwap from jun 2022 lows. It is showing really good momentum to keep increasing its price, staying above $2.11 would be very good for upside continuation. The target is between fibonacci retracement levels from last bull run highs to sep 2023 lows, monthly/weekly levels and value area high from last bull run.
TARGET: $6.11 to $6.91 up to (+250%)
DYDX bottom is in?
DYdX is currently the fifth-largest decentralized derivatives exchange by total value locked (TVL).
Since March 2024, DYdX has lost 80% of its value, with one of the potential reasons being the departure of its CEO in May 2024. However, with the CEO's return, there is potential for the company’s situation to improve.
From a technical perspective, the price is now sitting at the support trendline of a descending channel on the 2W TF. I am initiating a buy position here, with
TP at $3.5
Invalidation level at $0.73 (on weekly TF)
✴️ DYDX Bullish Zone (400%-595% Profits Potential)After going green for five weeks straight, ultra-bullish, DYDXUSDT is now moving within the "bullish zone!"
This means that the almost two years long consolidation phase is over and the pair, the project, the Altcoin, the market is ready for massive growth.
Prepare for something not seem in many years... For many pairs/projects, it will be the first time they experience such a strong bullish wave.
Remember, this is only the "preview," we will have massive growth in 2024 and 2025 when we enter the full flown bull-market ending with a bull-run phase. New All-Time Highs all across.
Thank you for reading.
Namaste.
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.
DYDX Wild Long-term Potential Price ActionVery straightforward, high level prediction:
DYDX looks to be holding relatively strong, following ascending channel. However, price looks as if it is just bouncing off upper channel + overall market has been insanely bullish with BTC hitting $42k. My bias on this one would be to see an overall market retracement and for DYDX to go lower towards the bottom channel to build up some liquidity and take off above upper channel.
This is my first attempt at one of these public reviews/market analysis. Excited to see how this turns out in one year.
✴️ DYDX Conquers Major Resistance | Can Lead To $4.444Today is a good day for DYDX, for its traders.
Looking at this daily chart on the DYDXUSD trading pair, we can see a major bullish development taking place.
While DYDX has been trading above EMA50 and EMA100 for a while, just today it finally managed to move above MA200, this level has been working as strong resistance ever since DYDX lost it as support back in May of this year.
MA200 here is matching a resistance level marked with a blue line, this same line fits perfectly with the 0.382 Fib. extension level which I noticed just now, as I write this.
This is a very strong level as multiple indicators converge here and it is being conquered as resistance.
If DYDX closes above it, the bullish signal is in.
With one or two additional sessions staying above it, confirmation is in.
With confirmation in place, the doors open for bullish gains.
The price range is around $2.222.
The development I am describing now if confirmed can lead to $4.444.
This is all pretty good because DYDX started going down in early February, 7 months ago, and just now this huge corrective+consolidation phase is ending and we can experience a new high and bullish excitement, profits and fun.
It will be the last bullish wave of the year so the make the best of it yet, it will get even better in 2024.
If you survived the bear market, the long recovery phase that followed, you will be rewarded with money, literally... You will be rewarded with the fruits of your labor.
Energy in, energy out.
Whatever results you get will be fully based on your own unique projections, your mind potential, how you see yourself, your health, your goals, your actions, your decisions, etc.
Many new Crypto-millionaires will be created in 2025 and 2024.
It is way too important, wise, to develop a nice plan for what is coming... A beginner mistake and a very expensive one goes something like this, "I learned the hard way that my money would have grown many times more if I just held the same tokens rather than trying to earn big by jumping from coin to coin". Those with experience can surely trade, those just getting started...
Namaste.
DYDX Currency Currency Signal AnalysisOut of a long -term descending trend
And he can start his upward trend
I expect to grow up in the long run until Ardar Block 14 - 18
The ascending signs in this currency are so much
Including heavy -duty transactions of crypto whales
That can greatly help the growth of this currency
Our Targets in order
4 - 5 - 6 - 7 - 8 - 9 - 10 - 12 - 16 - 18
Be sure to put the Staplas in 2.50
Be lucrative and join me to better days
$DYDX : Cultivating Opportunity: An In-Depth AnalysisA comprehensive analysis of CRYPTOCAP:DYDX , presently valued at $2.36 as of the current writing, unveils a series of significant patterns and indicators. Most notably, an intricate Triple + Double bottom formation has materialized, complemented by a consistent series of ascending peaks and troughs in the Relative Strength Index (RSI). This steadfast progression is further underscored by the multitude of price interactions with resistance thresholds. Contextualized within the backdrop of Bitcoin's lateral or ascending movement, discernible price milestones come into focus, including $2.92, $3.70, and $4.52. Beyond these intermediate benchmarks, the prospect of a substantial surge, potentially reaching $6, emerges as a distinct possibility.
#NFA
dYdX Accumulation planDecentralized exchanges are very promising to become a new hype in the upcoming bullrun, with dYdX emerging as a compelling focal point for both traders and investors.
It's been 1 year and a half that dYdX has been trading in the range from $1-$2.7. It's likely that it will continue to be for many months.
In my opinion, good opportunities to accumulate dYdX may come the next weeks/months. As depicted in chart, I expect that prices will be in the second yellow area (2) with a possibility that they will deviate from the current range.
Any bag holder here? What do you thing about the future of DEXs and dYdX?
--------Info about dYdX--------------
dYdX is a decentralized exchange (DEX) built on the Ethereum blockchain, primarily focused on derivatives trading and lending. It enables users to trade a variety of cryptocurrency-based financial products, including perpetual contracts, spot trading, and lending.
✴️ DYDX The Best DEX Goes BullishThe best DEX goes bullish; DYDX.
We are keeping this chart simple/basic as to make them easier to be understood.
✔️ We have trends, cycles and waves.
✔️ We have impulses and corrections.
(1) DYDX produced a bullish impulse earlier this year and has been followed by a long-term correction.
(2) As the correction ends, the bullish move is resumed.
Pretty simple... 1,2, 1,2!
Namaste.