dYdX: Your Altcoin ChoiceIs it just me, or does anybody else think that charts look great when they trade at bottom prices?
I highly doubt that I am alone on this one; Once we hit bottom... The market is ready for growth; huge growth, massive growth.
Welcome my dear friend and thank you for reminding me to visit dYdX, a pair/project/exchange (DEX) that we love and will continue to love long-term.
What does the chart say?
The chart says, "Buy when others are fearful." "There is no moment like this now." "Opportunities are endless."
The chart is saying, "I've been going down but the last down has no force. I can go down for a while but never forever done. Once the correction is over, I am going up."
The chart is saying, "The last low is nothing more than a break of support. It is a market move, the whales are looking for liquidity before massive growth."
The chart says, "The best time to buy is now. Focus on the long-term; buy and hold."
Well, it is me saying all these things based on the data coming from the chart.
dYdX looks great.
A great buy.
Thanks a lot for your continued support.
Namaste.
DYDXUSDT trade ideas
DYDX swing trades. Indicators analysisBINANCE:DYDXUSDT
This chart based on my indicators set on D timeframe
Take a look explanation
Take Profit - Reject at take profit and exit line
Trade On - 2 signals to sell confirmed
ADZ - Came in again in neutral zone. Might be going lower where whales start accumulate again
Direction - 5Feb got an alert to close position. Waiting drop lower to see accumulation alerts
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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 - Fear before unlockBINANCE:DYDXUSDT
DYDX and upcoming 15% total supply unlock.
Psychology of retail investors always the same! Now everyone see the unlock date and ready to sell their coins because majority think in a same day all funds drop the price. But usually it works in opposite way.
To sell big amount of coins funds and earlier investors need liquidity, so they will sell it step by step.
Now ill not be impress if we will see some big media posts about DYDX and future of this DEX. So after
over 250 days in a range everyone who want it accumulate a lot.
Possible Targets and explanation idea
➡️By ADZ big players accumulate a lot on Weekly timeframe and we can see huge divergency.
➡️ Long time period accumulation in a range.
➡️We got FVG on monthly timeframe in red block zone (full fill will be exactly at 0.23 level by FIb)
➡️We trade in a range exactly at -0.27 zone
➡️3rd Feb day of 15% unlock. But we hypothetically can see moves where funds start sell at 4, 6, 10$ in 3 waves
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Long trade idea for DYDXUSDT Long trade idea for DYDXUSDT
Falling Wedge measured from DEC 2024
Potentially min 322% profit from current date. Target $9.63
Do note potential pullback according to purple line.
Note that there are Bearish Order Blocks as shown.
Do exercise due diligence and that all trades comes with risks
DYDX Possible 100% TradeKUCOIN:DYDXUSDT
Possible Break and Retest of 114 and BINANCE:DYDXUSDT could do more than 100%.
Buildup at current levels will provide nice protection for placing stops.
On Failure can short to support with divergence ideas.
CRYPTOCAP:BTC rules the altcoins but when it's moving sideways, there are interesting opportunities that one has planned for.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Dydx (DYDX): Touching 200EMA / Possible RejectionDydx has yet again reached the 200 EMA zone, where historically we have been getting nice rejections and a start for further downward movement.
If we see a nice rejection and price will not break that line there, we should see a nice downward movement from here!
Swallow Team
DYDX - Interesting Cycles!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I find the DYDX chart interesting.
For those who have been following me for a while, you know that I like to study previous price action.
If you want to win a war, you need to study previous wars.
I can't help but notice a repetitive time pattern on DYDX.
In June 2022, DYDX bottomed around the $1 round number and started a bullish cycle that almost ended around March.
The same thing happened in June 2023 , bottoming around the $1 round number and topping out around March.
Is history going to repeat itself?
If yes, then we are already around the end of this bearish cycle and will be looking for any bullish confirmation around the $1 round number to buy DYDX and hold it until around March 2025.
Let me know your thoughts. Do you think it is simply a coincidence, or is there a reason why DYDX starts to go up every June/July?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
DYDX | 1,800% Is Not The Top, It Can Do Much More... (See Chart)DYDX just hit its June 2022 all-time low and is starting to bounce; as in early signals.
Before we get to the good part, let's start by saying that we are NOT concerned with the bottom.
➖ We are Cryptocurrency market bulls.
➖ We trade spot —plain and simple.
➖ For us, this is the accumulation phase.
We know one thing and one thing only; buy, buy, buy, buy, buy, buy, buy and... Hold long-term.
So, we buy now as much as we can...
👉 If DYDXUSDT starts to grow; great, we buy some more to enjoy maximum potential on the way up.
👉 If DYDXUSDT produces another low; awesome, we get to buy even more to enjoy incredible profits when the bull-market goes until full force.
We are NOT concerned with the bottom, but we are wondering about the TOP.
You can see some conservative targets mapped on the chart: $10 (800%) & $23 (1,800%), but that's not all... There can be much, much more.
Think long-term.
For these USDT pairs (the ones that I will be sharing with you every single day), we are thinking something like a 10-16 months wait.
The new all-time highs will hit some time around 2025 and that's why our focus is on buying and hold.
We are early... As usual, but early tends to produce the best possible results.
Namaste.
DYDX: A Beginner's Guide to Trading this CryptocurrencyToday, we're zooming in on a particularly interesting digital asset: DYDX . This article is crafted especially for you to help you understand the market movements of DYDX and how you can potentially capitalize on it.
The Accumulation Zone: A Key to DYDX's Movement
One crucial aspect to observe in DYDX's price history is its accumulation zone. This is a price range where the asset was consistently bought, indicating strong investor interest. For DYDX, this zone has been identified below $3.00, with the cryptocurrency showing significant movements each time it hits this range.
The 2023-2024 Price Journey
Let's break down DYDX's price action over the past year:
Early 2023 Consolidation : DYDX first hit the yellow accumulation zone at the start of 2023 and stayed there until around May. This phase is known as consolidation, where the price moves sideways, indicating uncertainty or equilibrium between buyers and sellers.
The Breakdown and Higher Lows Formation : After breaking down from this zone, DYDX entered a larger accumulation zone between $1.10 and $2.50. Noticeably, it formed a significant higher low in May 2023 and another in August 2023. These higher lows are bullish indicators, suggesting that buyers are stepping in at higher prices after each pullback.
The October 2023 Breakout : In October 2023, DYDX hit resistance but impressively broke out with a large weekly candle, marking its highest weekly close since April 2022. This was a bullish signal, indicating strong buying pressure.
The January 2024 Higher Low : Despite a pullback, another higher low was created in January 2024. This time, the weekly candle closed above the old accumulation zone, with a long wick indicating demand below $2.50.
What's Next for DYDX?
The key levels to watch now are $4.50 and $6.95. If DYDX surpasses $4.50, the high from just a few months ago, it could potentially climb to $6.95. Beyond that, the path to $23 seems almost clear, considering the asset's volatility and bullish indicators.
A Word of Caution
While the potential for profit in trading DYDX is apparent, remember that cryptocurrency is a highly volatile and risky asset class. Many cryptocurrencies can be unstable and even fraudulent. It's crucial to educate yourself on trading techniques, risk management, and self-control before investing.
#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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Thanks for your continued support.
Sincerely.
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
DYDXUSDT 15m Sell posAccording to the ICT method, there is a red box of a strong reversal zone in the 1-hour timeframe. We are also witnessing a decrease in momentum. It is expected that this RTM pattern will be created and the price will fall to the desired targets. #ICT #RTM #FRVP
@Saber__Ahmadian
#DYDXIt is moving in a downward channel in daily and H4 times. The correction of the last wave of a three-wave is observed that the current upward correction in the supply area can reach the specified areas and return at least 100% of the wave. Therefore, you can enter a sell position in the specified area with confirmation.