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DYDX / TetherUS PERPETUAL CONTRACT

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DYDXUSDT.P trade ideas

DYDXUSDT DAILY : GOOD situation (spot)Hi Guys hope you well, After a good climb and an correction in the price, we are slowly approaching the good demand area. We have two scenarios ahead. I expect that we will first go up and then enter the golden demand zone in the daily time. SecondChanceCrypto ⏰13/May/23 ⛔️(DYOR) always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment.
Long
by Secondchancecrypto
2
DYDXUSDT wants the 0.382 Fibonacci level?DYDXUSDT is testing the previous accumulation phase after a false breakout from the 3.3$ area where the price has daily resistance. This false breakout indicates that there was not enough buying pressure to sustain the price above the 3.3$ level, leading to a potential price reversal. As per technical analysis, we could see a pullback around the 0.382 Fibonacci level before a potential new short position. This pullback may occur as sellers take profits, leading to a decrease in selling pressure and a potential price increase. However, once the pullback is completed, new short positions may be considered until the 1.9$ area where the price has the demand zone. The demand zone at the 1.9$ area is characterized by a large number of buyers who are willing to purchase DYDX tokens at this price level. This demand zone is likely to have formed due to a previous period of accumulation where buyers were actively accumulating DYDX tokens, leading to a price increase. According to Plancton's rules, new short positions may be considered once the price breaks below the 2.9$ support level, indicating a potential trend reversal. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
2
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
Short
by rawayoussef0
Long DYDXWe've got some bullish signals on DYDX here. After completing Wave E with a higher high, we've confirmed a bottom signal. Now, combining the power of Elliott theory and the Fibonacci theory, I'm expecting a breakout to the 1.618 Fibonacci level. Also, the VWAP on the daily chart is flipping to the upside, which only adds to my bullish sentiment. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Long
by WaltrAlexander
2