DYDXUSDT trade ideas
🚨#DYDX/USDT #DYDX
Price moves in a perfectly symmetrical descending triangle
The price is expected to break through the descending triangle to continue rising once the downtrend and Moving Average 100 break through.
Current price 3.23
First Goal 3.61
Second goal 4.072
DYDX/USDT SHORTShort term DYDX/USDT short term trade.
low risk, high profit. with take profit on the way with stop loss moving with tp.
5-10x leverage (1-5%) of portfolio
DYDX After Successfull Last Trades We Try Again **dYdX (ETHDYDX) Fundamentals**
dYdX is a decentralized cryptocurrency exchange (DEX) that enables users to trade perpetual contracts, a type of derivative that tracks the price of an underlying asset. The exchange is built on Ethereum Layer 2, which allows it to offer lower transaction fees and faster execution than traditional DEXs. dYdX also has a governance token called CRYPTOCAP:DYDX , which is used to vote on protocol proposals and earn trading fees.
**Recent News**
* dYdX launched its dYdX Chain, a Layer 1 blockchain network, in March 2023.
* dYdX has been expanding its product offerings, adding support for new markets and features.
* The exchange has also been growing its user base and trading volume.
**Disclaimer**
Please note that I am not a financial advisor and this information is not intended to be financial advice. Cryptocurrency investing is a risky investment and there is no guarantee that you will make money. You should do your own research before investing in any cryptocurrency.
DYDXUSDTDydx buying setup here...
holding strong support here last 2 weak
also a strong breaker here
Bulish DO NOT FORGET USING A STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
DYDX - Bearish Channel Retracement or ContinuationDYDX could be trying to reach the area of the Daily 50 SMA at approximately 3.20.
It has had an exponential runup recently and might need a rest.
The increasing volume is a bullish sign so be prepared for a continuation of its bull run.
DYDXUSDT---------6$Infinitely ascending.
It is infinitely valuable to buy, and keeping it will bring a lot of profit.
DYDXUSDTI have taken a Long position on DYDX, and this is my own idea. This trade is executed on Bybit.
DYDX(DYDXUSDT): TIME TO BUY!↪️DYDX reached a key horizontal support level. Testing that, the price broke and closed above the resistance line of a falling wedge pattern.
I expect a pullback now towards the targets above 3.68/4.46...Trade safely 👍✅️
DYDXUSDT to $4.65 - 5 by the end of the month?!DYDXUSDT upto 50% on spot?
TP1: 4.65
Also, long-term target is above $7
DYDX Finished Phase D of a Wyckoff Accumulation SchematicDYDX has been in Accumulation since May 2022. The accumulation range-low is 1$, and the accumulation range-high is 2.88$
On November 6th, DYDX moved above the Accumulation range in a Sign of Strength. The price range and increased volume confirm this is genuinely a SoS.
Now, DYDX is a retesting the range high as support in what is called, in Wyckoff terminology, “Back Up the Edge of the Creek” or “Last Point of Support.” A successful retest will lead to the Markup phase.
The train is about to leave the station.
NFA.
What do you think? Please share in the comments.
DYDXUSDT- In Trend ReversalDYDXUSDT is making a falling wedge. And currently has broken the wedge. So can take entry on by placing Buy Stop on the previous LH.
DYDXDYDX is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 3.5 followed by 4.5.
What you guys think of this idea?
DYDX ICT/SMC SHORTSorry for too much indicators at the same time.
I don't do this much with crypto but when I did saw it, I can't unsee it. Last time London ICT Killzone did do the job to push DYDX price down from upper trend line to bottom one.
We are getting to that position again in 15minutes. I might fix my order if something big happens between now and then.
SMC: There is fair value gap (FVG) to take profit but I will (also) go after a bigger fish.
🌐 ICT (Inner Circle Trader) in Forex Trading 📊
Introduction to ICT:
ICT, or Inner Circle Trader, is a methodology in forex trading developed to optimize trade timing and enhance profitability. Utilizing specific timeframes known as ICT Kill Zones, traders aim to capitalize on high-probability setups. Let's explore the key elements.
🎯 ICT Kill Zones: Timing is Everything 🕰️
In the fast-paced world of forex trading, traders leverage ICT Kill Zones, specific timeframes during which optimal trading setups are likely to form. These time zones are strategically chosen to align with market activity and increase the probability of successful trades.
ICT Asian Kill Zone 🌅:
When: 8:00 PM to 10:00 PM Eastern
Key Points: Volatility driven by economic news releases; potential gains of 15 to 20 pips for scalp trades.
ICT London Kill Zone 🌍:
When: 2:00 AM to 5:00 AM Eastern
Key Points: Highest volume of order execution; opportunities for gains ranging from 25 to 50 pips.
ICT New York Kill Zone 🗽:
When: 8:00 AM to 11:00 AM Eastern
Key Points: Overlaps with the London session; potential gains of 20 to 30 pips for scalp trades.
ICT London Close Kill Zone 🌆:
When: 8:00 AM to 9:00 AM Eastern (adjusted for daylight savings)
Key Points: Last chance for traders before market closure; opportunities for 10 to 20 pips of profit on scalp trades.
DYDXUSDTThis is my forecast for DYDXUSDT. The first resistance is at 2.93, and the next one would be 3.08. We will soon see DYDX at this price.
Excellent falling wedge pattern on DYDX/Will we see upmove here?Hey Traders
-Today we will look at DYDX/USDT chart which looks really good in my opinion...
-The price has created a nice falling wedge pattern just like from the books and there could be potential move up right to latest high
-We are looking on 12h TF and the price is sitting on GOLDEN POCKET ZONE from fibbo which is from 2.128 to 4.379 and also the 100MA is holding the price
-Its even better on 1D TF where the price is supported by 50MA/EMA
One thing to notice
-In Falling wedge pattern, the double bottom pattern is possible. When we break the neckline
and retest it, we can see double confirmation...
I will keep you updated...
This is for DYDX/USDT analysis, thank you for your attention!!!
Good luck traders!
