Dydx waiting for pump iHnSThere is an inverse head n shoulder and expected to break outs soon. If it breaks then it will pump to green line. If price goes below the red line then it’s bearish
DYDXUSDT trade ideas
DYDXUSDT - locally drew "head and shoulders"Hello everyone! Let's see DYDXUSDT today. For about a year and a half, the price has been in the range, but locally everything looks good, since the "head and shoulders" pattern appears on the chart. But the price may also be trampled at the resistance level of 2.2, and then, of course, I expect it at 2.65.
#DYDX/USDT - Long - Potential 41.06% Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_DYDX
Exchange: BINANCE
Timeframe: 3 DAY
TP1: 3.181
Entry: 2.223
STOP: 1.656
After a quick delay over the weekend the public testnet should be going live today (now) with more markets being added and reward tokens being earned through trading activity. Key features which should bring volume. The run up to the testnet pushed price over key moving averages 20, 50 and 200 and gave us a break on the RVD which is a signal we love on higher timeframes.
There has also been a delay on the unlocking of some vested tokens that were distributed to staff and investors. Thats been pushed back to December 1st so I'll exit the position late November if we haven't reached target (could also see a bit of a run up in price prior to help 'maximise' returns.
In terms of entryI'll take an initial holding now and look to DCA if we falter at the upper trendline pictured. In terms of exits use the Fib levels if you want to take profit incrementally.
Market has been flat so this could be a slow burn, Let me know what you think!
Going up very slowly | Long BiasDYDX BINANCE:DYDXUSDT has closed above 2.165 and it's pulling back now
DYDX has support at Fair Value Gap 2.1 besides ascending trend line is also another
Resistance zone around 2.4 and higher by descending trend line
Wait for next move
DYDXBased on trend line you can take a long position
RSI also shows bullish trend
It's not a financial advise
Always DYOR
Good luck
DYDX SMC 1H short ideaBINANCE:DYDXUSDT.P www.tradingview.com
Market may sweep major liquidity and choose it's direction
as we are expecting or may reverse the trend and move to upside.
So, wait for 5min confirmations
Going on shorting on dydxWaiting for the liquidity line to be touch then I Wil short it fully.
Building my short as for now..
Dydx Still struggling DYDX/USDT
Timeframe: Daily
The price of DYDX is currently following a rising wedge pattern on the daily timeframe. I anticipate that the price might decrease by around 20-40% from this point. However, it's important to note that these are just my expectations, and we need to wait for confirmation before making any conclusions.
The initial sign to watch for is a rejection from the current level. If there's a rejection, our initial target will be the lower trendline of the wedge pattern. Furthermore, if the price breaks down below this pattern, it will provide even stronger confirmation that DYDX might encounter challenging times.
Please remember that this is just a suggestion. Before making any decisions, it's advisable to conduct your own research and analysis.
Best of luck,
If you find our analysis helpful, please consider showing your support.
Wishing you successful trading.
DYDXUSDT is ready for the breakout?DYDXUSDT is currently testing the 0.618 Fibonacci level below the daily resistance. The 0.618 Fibonacci level is a crucial retracement level derived from the Fibonacci sequence and is often used in technical analysis to identify potential support and resistance levels. When the price approaches this level, it suggests that it might find support and witness a bounce from this area.
In addition, the price is trading inside an ascending channel, which is a bullish chart pattern characterized by two parallel trendlines, with the lower trendline acting as support and the upper trendline acting as resistance. This pattern indicates that the price has been consistently making higher lows and higher highs, further reinforcing the potential bullish outlook.
Furthermore, you mentioned that the price could attract new liquidity around the $1.9 price zone. A liquidity grab at this level might occur due to various factors, including historical price significance and the intersection with technical levels, drawing the attention of buyers to the market.
According to Plancton's Rules, a new long position is suggested in this scenario. A long position involves buying the asset with the expectation that its price will rise. By following Plancton's Rules, traders aim to take advantage of the potential bullish momentum indicated by the ascending channel and the proximity of the price to the 0.618 Fibonacci level.
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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 🦐
DYDX Buy Trade Here is My Study On Dydx..
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lll be sharing my insights and predictions to help you make informed decisions .Not a Finacial Advice
DYDX Daily Update ( Bullish Scenario )As previously mentioned, the long-term conditions for DYDX appear favorable for potential growth, and it is currently transitioning from a downtrend to an uptrend on the daily timeframe. If the $2.15 area is broken and sustained, it could experience the indicated growth. Keep an eye on it.
DYDX/USDT Bullish Momentum?? 💎🚀 DYDX Today Analysis💎 Currently, DYDX is navigating within a descending channel pattern and is making an attempt to breach the supply zone. If it struggles to surpass this zone, we might see DYDX retreat to the demand area between 1.63 - 1.74, aiming to tap into the order block situated there. This could set the stage for a potential rebound and a subsequent upward trajectory.
💎However, if DYDX manages to break through the supply zone promptly, it's a positive indicator. Yet, for a confirmed bullish momentum, DYDX needs to shatter the resistance trendline of the descending channel. Achieving this could pave the way for a spirited rally, targeting the 2.755 - 3.15 range.
💎Conversely, should DYDX falter within the 1.63 - 1.74 demand zone or even dip below it, it suggests the possibility of a deeper decline, crafting a new lower low.
Paradisers, stay vigilant and monitor these potential shifts! 🌴
DYDX shortDYDX bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 1.909 is expected to happen.
Dydx , wihtin 6 months, it will be in my bagtop 21 coin for my bag for trip to mars.
we going to stuck within a range of accumulation. Thats when u buy.
DYDX ANALYSIS (1D)I think the larger view of DYDX should look like this. Be careful, there are supports along the way in this branch. The best position management method in this situation is to save profit in the path and move the stop to lower points
Technically, it is a low-risk opportunity to open a position.Considering the risk, reward, and price trends, it is an excellent opportunity. Use money management to keep your fund safe.
DYDX ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Brief Analysis ——DYDXToday, we bring a brief analysis of two more popular tokens. They are TRX and DYDX.
From June 2022, DYDX will maintain in a stable range. Although the price rose above the upper rail of the range in early 2023, it soon fell back into the range. DYDX remains neutral on a large scale. Recently, the volatility of DYDX has decreased. The price remains fluctuating within the previous accumulation zone (yellow zone). Since mid-July, the price has been hovering on the upper rail of the yellow area. You can see that there are many candles with upward pin-bars. But the bears have not strengthened, keeping the price in the yellow zone.
Conclusion: The high probability rise has not ended. We think it is difficult for the rise to end at this position. It should be noted that if today's red candle finally covers last green candle, the possibility of fluctuation will be increased, but this can only be confirmed when the market closes. We set resistance level at 2.4 and support level at 1.5.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
DYDX Monthly ( Buy Scenario ) DYDX currency has a completely upward chart in the monthly time frame, and as you can see, we had the price return from the area of $1.75, which was the previous monthly ceiling, and the price is now above the 618 fibo area, and this is interesting...
dydx sellBINANCE:DYDXUSDT is are giving us good profit in sell position risk reward ratio is perfect, lets take it.
DYDX/USDT - In Bullish TrendIt looks like DYDX/USDT will continue the bullish trend as it is printing HHs and HLs.
