DYDX/USDT – Working within the horizontal channel. Continuation.dYdX - is DeFi’s pro trading platform and a pioneer in decentralized finance, known for being the first to offer decentralized margin trading and derivatives, as well as inventing flash loans and DEX aggregators in 2018. Built on a custom Layer-1 blockchain using the Cosmos SDK, dYdX provides a professional-grade, decentralized trading experience with high leverage, deep liquidity, and low fees. Governed by the community through the DYDX token, dYdX is focused on delivering a transparent and user-driven financial system.
CoinMarketCap : #107
I've been working within this channel for about 2.5 years.
From my previous trading idea, two marked zones were reached:
1.6447 (+80%)
2.5007 (+176%)
The maximum squeeze reached +185.5%.
I'm continuing to work within the channel.
Last time, liquidity was accumulated below the support of the inner channel.
Now, liquidity is being gathered below the support of the outer channel—as always.
I've marked potential final liquidity grabs on the chart, as well as resistance zones where the price is likely to react.
The profit is significant, and if you work with compound interest, well… I'll just keep quiet—not everyone understands this and keeps waiting for the final rally.
A reminder:
Right now, fear dominates across all coins. This is the phase where nobody wants to buy or where many have already run out of funds. Why? Because, as always, most people buy at the top.
Take all of this into account in your trading strategy.
