DYDX - USDBreakout above $2.5 range and reclaimed ceiling as support.
Looks even better above 4.45
Sned
DYDXUSDT.P trade ideas
#DYDX The possibility of retesting the resistance rangeH1 :
after the correction of the previous wave, which corrected 23% of the previous wave and exited the output channel.
it can now have a short-term upward rally after the pullback to the broken structure to the resistance range of entering the sell position of the previous post. If confirmed in the green box, you can enter the purchase transaction. In addition, the first target is the 61.8 Fibo range. In case of failure, it has the ability to grow to the next range.
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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
Dydx idea💡 The price of Dydx is currently on an uptrendline, indicating a favorable opportunity for a long position. It would be wise to set a take profit level at the supply level located above in the green box.
DYDX - Ascending Channel PumpDYDX, observed on the weekly timeframe, is currently trading within an ascending channel. The price action reflects a consistent pattern of liquidity absorption, oscillating between the upper and lower bounds of the channel. This liquidity-driven movement suggests a recurring behavior of price navigating from one liquidity level to another. The anticipation is a potential retest of the lower channel boundary, particularly around the $1.9 level, before a breakout above the upper channel boundary.
🔄 Ascending Channel and Liquidity Movement:
DYDX's price movement is structured within an ascending channel, highlighting a series of higher highs and higher lows. The intriguing aspect is the consistent absorption of liquidity, indicating a cyclical movement from one liquidity level to another.
📊 Liquidity Retest and Breakout Scenario:
The analysis suggests a potential scenario where DYDX may undergo a retest of the lower channel boundary, particularly around the $1.9 level. Such a retest could serve as a liquidity absorption phase before a potential breakout above the upper channel boundary.
🚀 Key Levels to Watch:
Upper Channel Boundary: The upper channel boundary serves as a key level for a potential breakout. A decisive move above this level could signal a bullish continuation.
$1.9 Support Level: The $1.9 level is identified as the potential retest point for the lower channel boundary. Traders should monitor price action around this level for confirmation.
💡 Trading Strategy:
Traders observing DYDX may consider a strategic approach involving the potential retest of the lower channel boundary around $1.9. Confirmation of support at this level, followed by a breakout above the upper channel boundary, could present favorable conditions for bullish positions. Risk management strategies, including the use of stop-loss orders, are essential.
🔮 Future Outlook:
The technical analysis indicates the possibility of DYDX retesting the lower channel boundary around $1.9 before a potential breakout above the upper channel boundary. Traders should remain attentive to key levels and adapt their strategies based on real-time market dynamics. The cryptocurrency market's dynamic nature emphasizes the importance of flexibility and risk management in trading decisions.
DYDX is BullishDYDX is currently in a bullish trend, printing higher highs and higher lows. There are no signs of RSI divergence and hence according to Dow theory the trend is expected to continue further. Targets are mentioned on the chart.
DYDXUSDTDYDXUSDT is currently in a bullish trend.
Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend.
The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias.
What you guys think of this idea ?
DYDX Is Going Crazy Soon! DYDX Has Been inside a Trading Range For Almost 1.5 Years.
Based On Many Reasons, I Believe, DYDX Will Explode in The incoming Weeks.
1- Blue Lines indicate Bottom And Top Lines Of Trading Range. As You Can See, The Price Engulfed Completely The upper Line To The Upside, So The Major Sell Orders On This Level Filled in 2023.
After That, Price Went into the Fake-Out Phase, Which is indicated On The Chart Below, To Gather The Remaining Buy Orders. Always Remember The Market Movements Are Designed To Move Toward Levels That Have The Most Amount of Liquidity.
Next We Had The true Break-Out Phase, Which Happened in form Of a Huge Bull Flag. Do You See The Flag?
2- The Broken Upper Side Of The Trading Range Would Be Considered As The Support Zone, So The Market Gave Us The Best Opportunity To Enter This Asset, Did you Accept That? Did You Notice This Sweet PullBack?
3- Price Action constantly Made Higher Highs And Higher Lows in the Weekly Timeframe Since The Beginning Of 2023, Which Indicates a Huge Upside Move. It Touched An Important Order Block In The November 2023 Which Caused To Fill Major Sell Orders, So This Level Would Be Considered As a Weakened-Resistance-Level. I Expect DYDX To Shatter This Order block In The Coming Months.
4- The Main Resistance Detected! Just Watch-Out The Collision of The Static And the dynamic Resistances, This Zone Is The Major Resistance, So Once This Zone Breaks, The Sky Would Be Limit!
5- In The weekly I Think This Reaction To The Broken Cloud Is A MasterPiece! The Upper Border Of The cloud Just Supported The Price So Sweet, And The Lagging Span Is Going To Break Through The Cloud Soon. Once It Happens, DYDX Is Going Crazy In The weekly!
6- If You Can't See That Huge Monthly FVG, Go To The Optometrist immediately!
7- Based On The Fib Channel And Price Action Levels, The Targets Are Shown On The Chart Below.
I Hope You Enjoy This Idea. If You Do, Like, Follow And share This Idea.
Dydx short!The price has reached a significant resistance level. I am planning to sell at this point and take profit below the low of the 4-hour timeframe. I will also consider taking partial profit at the greed box.
DYDXUSDT LONG POSITIONThere is a divergence on RSI also engulfing candle stake is a confirmation for long position
please follow and support for more
Dydx ideaDydx is rejecting a significant resistance level, indicating a potential downward movement.
If I reach my entry level, I will initiate a short position and establish a profit zone based on the lows.
Technical Analysis of DYDX/USDT:1. Current Price and Blocked Order Zone:
The current price of DYDX/USDT is at 2.86, within a blocked order zone. This zone signifies a crucial area where buying and selling orders are concentrated, suggesting a potential equilibrium between buyers and sellers.
2. Importance of the 2.86 Zone:
The 2.86 level is identified as a significant support or resistance area. Traders often pay attention to such levels as they can act as key turning points in the market. In this case, the 2.86 zone is considered important for potential trading opportunities.
3. Breakout and Retest Strategy:
Traders might consider a breakout strategy when the price decisively moves above or below the 2.86 zone. A breakout above could signal a potential upward movement, while a breakout below may indicate a possible downtrend.
After a breakout, it's common for the price to retest the broken level. This retest can offer traders a second chance to enter positions in the direction of the breakout, confirming the strength of the new trend.
4. Confirmation with Indicators:
Use additional technical indicators, such as RSI, MACD, or other oscillators, to confirm the strength of the breakout and to avoid false signals.
5. Risk Management:
Implement proper risk management strategies, including setting stop-loss levels and position sizes, to protect against potential losses.
6. Monitoring Fundamental Factors:
Keep an eye on fundamental factors that might impact DYDX, such as project updates, market sentiment, or broader developments in the cryptocurrency space.
Conclusion:
With the current price at 2.86 within the blocked order zone, traders should closely monitor for a potential breakout. If the price successfully breaks above the 2.86 level and retests it, it could present a favorable buying opportunity. However, it's essential to consider both technical and fundamental aspects and apply risk management strategies when executing trades.
DYDXUSDT IDEAUPDATE
Already Broken Symmetrical Triangle in 12H timeframe.
Expecting a good bullish move if holds over the line .
COIN DETAILS
The live price of dYdX (ethDYDX) is $ 3.072339 per (ETHDYDX / USD) with a current market cap of $ 949.98M USD. 24-hour trading volume is $ 77.04M USD. ETHDYDX to USD price is updated in real-time.
DYDX - Enjoy The Ride 🚗Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 DYDX has been overall bullish , trading within the rising channel in blue.
Currently, DYDX is undergoing a correction phase and it is currently approaching the lower blue trendline.
Moreover , it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #DYDX approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DYDX/USDT | 1W 👀1. The potential has barely begun to unfold.
2. I plan to hold onto the coin for a long time because its potential is just starting to materialize. The key is to believe, folks. And to hold onto the coins firmly in the portfolio if you've decided to be an investor.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of dYdX. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #dYdX #Investment #DYDX
Dydx setup I am currently long on dydx as it is breaking the trendline and demonstrating strength. It appears to be a promising opportunity to go long on dydx.
#DYDXUSDT#DYDXUSDT 4H
The price is now 2.77 dollars. As soon as the yellow trend line is broken up, the next resistance will be at 2.91 dollars. The support area that we showed with the box is very important because below this area we may have a change in the downward trend.
Technical analyst: Amir Hassan Salek
DYDXUSDT 2D#DYDX is moving inside a descending channel and it is above the MA100 on 2-days chart. It will attempt to break the resistance soon. The main targets are: $2.849 $3.241 $3.605 and $4.315
You can check the long-terms targets on the chart.
🔥 DYDX Local Update,Extremely Bullish Setup For 2024 👋 Hi Everyone ,Today I Wanna Analysis DYDX At Daily Timeframe And Talk About My Plan For a Midterm
📥 The Main Structure For DYDX Is an Impulsive Move Which Started From 1$ To 3.6$ As a Wave 1 And Bottom Of The Wave 2 Was 1.5$ Area And Now The Price Playing At Wave 3
👉 Currently The Price Playing At The Bull flag As a Wave 4 From 3 By Clear ABC Corrective Formation That Completed At The 2.3$ PRZ And We Had a Great Bounce From This Level So Now I Can Say Wave 5 From 3 Is About To Start
🎯 The Price Is Now Playing Below The 2.8$ Resistance And I Expect It Will Playing Below This Level For a While Then Breakout This Level Toward a 3.1$ As a Bull Flag Trend Line ,The Time That Price Breakout The Bull flag Next Targets Are 3.9$ And 5.7$ Areas
💥 Totally I’m Extremely Bullish About The DYDX And Expect It Will Surprise Many People In 2024
Dydx outlook i am looking forward to a partial TP (take profit) on dydx and the sentiment about it is bullish.
dydxusdt medium term tradeFor a medium-term trade analysis on DYDX/USDT, a careful examination of the chart indicates a potential price movement from $4.5 to $5. Anticipating a bullish trend, the technical indicators suggest favorable conditions for a medium-term trade. Traders may consider entry points around the current price levels, with an eye on the projected upward movement. However, it's crucial to monitor market dynamics and adjust the strategy accordingly to capitalize on potential gains within the specified target range.
Nice zoneThe intersection of dynamic and static support areas is very attractive for buying.
To be safer, let it grow from the support area and enter after the break of the downtrend line
Dydx outlookI anticipate that the price of dydx altcoin will increase in the higher timeframe. I have taken a long position on dydx due to its bullish sentiment. My expectation is that the price will rise further.
