DYDXUSDT trade ideas
⚡ DYDX Trade Setup ⚡📊 Analysis:
Context: The Dencun upgrade on the horizon could introduce volatility in the ETH ecosystem.
Technical Outlook: DYDX on the HTF is flipping old resistance into support, potentially leading to a move to new range highs around $6.80.
Trade Percentage: Use a reasonable percentage of your capital, considering potential volatility.
Buy Zone: Consider entering the trade around $3.80 - $4.20.
Take Profit: Target potential profit levels at $4.50, $5.10, and $6.90.
Stop Loss: Implement a stop loss if the price loses support of $3.60 on the daily chart.
🌐 Note: Keep a close eye on the Dencun upgrade and adjust your strategy accordingly.
DYDX/USDT: Bullish Signals on the Horizon!The DYDX/USDT chart is showing two interesting technical indicators suggesting a potential uptrend:
Double Bottom Pattern: This formation often precedes a price increase.
Touchdown at 60-Day Moving Average: Support from this key moving average can signal a bounce.
Potential Long Trade Opportunity:
Based on these indicators, a long trade entry above the 60-day moving average (around $3.97-$3.98) could be an interesting possibility. However, remember, this is not financial advice.
Target Levels:
Here are some potential profit targets based on Fibonacci retracements:
Target 1: Fibonacci 0.5 - $4.44
Target 2: Fibonacci 0.618 - $4.48
Target 3: Fibonacci 1.0 - $5.00
Stop-Loss Recommendation:
Consider placing a stop-loss order below the double bottom's price range (around $3.75) to manage potential risk.
Key Takeaways:
This analysis highlights potential opportunities, but it's not a guarantee of future performance.
Do your own research before making any trades.
Consider using stop-loss orders to manage risk.
By understanding these factors, you can make informed decisions about your DYDX/USDT trading strategy.
Good luck!
DYDX BULLISH
I've been closely monitoring the chart for DYDX, and it appears to have been accumulating for quite some time now. Based on my analysis, I strongly believe that it's poised for a breakout, particularly targeting the $3.70 level as a starting point, with the potential to surge towards the $7 area in the near future.
This seems like an opportune moment to enter the market, as the current price level presents a favorable buying opportunity. I've taken a position myself, anticipating the upward trajectory ahead. Your interest in this analysis is appreciated, and if you find value in it, I encourage you to stay tuned for more insights.
Let's keep a close eye on DYDX as it unfolds, and may our investment journey be fruitful. Don't hesitate to follow along for further analyses and market updates. Here's to making informed decisions and enjoying the journey ahead!
DYDX: buy & sell📊Analysis by AhmadArz:
🔍Entry: buy= 4.110 / sell= 4.379
🛑Stop Loss: buy= 4.050 / sell= 4.456
🎯Take Profit: buy= 4.165-4.228 / sell= 4.313-4.228
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
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✅Price is in al bullish rising channel...✌️Hi.
COINEX:DYDXUSDT
Price is in al bullish rising channel and recently bounced from the lower border of it👀
Now CRYPTOCAP:DYDX is testing a resistance zone, breaking through which the price will rush upward to the upper border of this channel🔺
✅ Due to the ascending structure of the chart...
- High potential areas are clear in the chart
-AB=CD
-Ascending Triangle
-trend line
- Ascending Channel
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
- OKAAAAY LESGO!DYDX has overcome the key resistance level of $4 - pump indicated
You might like this shmoken or nuh but it demonstrates more signs of pump
In general, the current market conditions allow it.
Must overcome the $4.2 resistance level to continue growing.
Positions
market price SL 3.858
3.824 SL 3.719
3.697 SL 3.581
3.458(if you lucky) SL 3.318
Follow risk!
📈DYDX: Is it finally breaking out?🔥🔔🔍DYDX is finally breaking out of its consolidation range after 672 days. The price is currently trading above the supply zone and is supported by a well-defined curve. This could be the start of a parabolic move.
✅The fixed range volume profile indicator shows that we have broken out of the high-volume zone and are ready to start moving. The SMA25 indicator is also confirming the move and is moving along with the price.
🛒The current candle is a good opportunity to buy spot. We can enter after the candle closes. The stop-loss should be placed at $2.5, which is the previous low and the POC of the fixed range volume profile.
🚀For targets, I am looking at $7.8 and then $23.7 (ATH). However, I will not place sell orders now. I will wait and see how the price reacts to these levels.
📊One positive thing about this coin is that the volume has increased significantly during the recent move. This shows that traders are paying more attention to this coin.
💥The RSI oscillator is also entering the overbought zone. This increases the chances of a parabolic move. However, with the high buying volume, we can expect this move to be upwards.
🧠💼This is not financial advice, and it is only my personal opinion on this cryptocurrency. Please do your own research before making any investment decisions.
Perfect Cup and Handle formed on a Weekly Chart. BULLISH!DYDX, aside from the wave of moving into what crypto is supposed to be “decentralized”….This chart screams bullish with no intent to stop once it rips. You can see a beautiful cup and handle formed and this accumulation has been like this since February of 2023….if you go back further the first wave of accumulation started in may of 2022… Volume on the handle that started forming in Nov 2023 has now gradually went down and is a great sign that selling pressure is exhausted/coming to a end and we can expect whales to pump this thing up from here.
DYDX: Poised for a Breakout After 651 Days Below $4DYDX: Poised for a Breakout?
DYDX has been on a tear lately, breaking above the $4 resistance level for the first time in over 651 days. This is a significant technical development, as it could signal the start of a new uptrend.
Volume is also increasing, which is another bullish sign. This suggests that there is strong buying pressure behind the move.
The RSI indicator is also nearing overbought territory, which could lead to a short-term pullback. However, if DYDX can break above this level, it could be off to the races.
A parabolic trendline can also be drawn, which further supports the case for a bullish move.
Overall, the technical picture for DYDX is very bullish. A break above $4 could trigger a significant rally.
Traders should watch for a break above $4 and increasing volume to confirm the breakout. A stop-loss order can be placed below $4.50 to protect against losses.
Alikze »» DYDX | Ready to defeat the dynamic triggerAccording to the previous post after the target touch. Currently, with the support of zone 3.13, it is possible to break the dynamic trigger and advance to the first supply zone, after which it will be able to reach the next supply zone. But according to the type of behavior and structure, higher floors and ceilings, and rising guard, it is ready to defeat this trigger.
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#DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy #DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy
We are in profit for more than 60% of the growth of this currency, it seems that there will be a correction from here and if the conditions and market confirm, I will enter the reverse trade from here. Please keep an eye on Bitcoin and indices including Total 2 and Tether chart. Do not enter into the transaction without obtaining the necessary approvals.
The reason for the decision for short transactions is the analysis of the market, Bitcoin and Tether charts.
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(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of #Bitcoin from the link below :
My #Analysis of #USDT "Tether Market Cap Dominance" from the link below :
[DYDXUSDT] - Awaiting for great targets🔥
🔸monthly chart shows a huge accumulation of cup & handle pattern (641d) confluence with a
0.382 fib level.
🔸many attempt for breakout has occurred
🔸it's matter of time for a bullish rally.
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