DYDX BIG BREAKOUT ON H4DYDX BIG BREAKOUT ON H4 incoming. It has already swept the lows and now almost ready to blast. I am mega bullish on $DYDX.
DYDXUSDT trade ideas
A whale address retrieved about 570,000 DYDX and deposited aboutCoinworld reported that according to Lookonchain monitoring, a whale address retrieved 570,266 DYDX (worth about $1.26 million) and deposited 225,833 DYDX (worth about $501,000) into Bybit. Every time the whale address withdraws DYDX, it will be deposited to the exchange for sale.
Dydx Update Dydxusdt
Price is going to retest tge breakdown level again I am expecting a good drop soon
Dyor
DYDXThe price is attempting to break above the upper boundary of the descending channel. A successful breakthrough of this resistance level would push the price towards the strong resistance level at 2.36 and the 200 EMA. However, there is a bearish scenario where the price bounces down from the upper boundary of the channel, indicating a continuation of the downward trend.
#LQR #TOBTC #Dydx important Resistance area is on the way around 2.381 - 2.454 which is to important for add it to you'r watchlist
Dydx Looks Solid for decent recovery Seems Like Ready For Solid Recovery Forming Descending Channel In h4 timeframe Incase Of breakout expecting 30 to 35% Bullish wave
DYDXUSDT DAILY : GOOD situation (spot)Hi Guys hope you well,
After a good climb and an correction in the price, we are slowly approaching the good demand area. We have two scenarios ahead. I expect that we will first go up and then enter the golden demand zone in the daily time.
SecondChanceCrypto
⏰13/May/23
⛔️(DYOR)
always do your research.
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DYDXUSDT wants the 0.382 Fibonacci level?DYDXUSDT is testing the previous accumulation phase after a false breakout from the 3.3$ area where the price has daily resistance. This false breakout indicates that there was not enough buying pressure to sustain the price above the 3.3$ level, leading to a potential price reversal.
As per technical analysis, we could see a pullback around the 0.382 Fibonacci level before a potential new short position. This pullback may occur as sellers take profits, leading to a decrease in selling pressure and a potential price increase. However, once the pullback is completed, new short positions may be considered until the 1.9$ area where the price has the demand zone.
The demand zone at the 1.9$ area is characterized by a large number of buyers who are willing to purchase DYDX tokens at this price level. This demand zone is likely to have formed due to a previous period of accumulation where buyers were actively accumulating DYDX tokens, leading to a price increase.
According to Plancton's rules, new short positions may be considered once the price breaks below the 2.9$ support level, indicating a potential trend reversal.
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
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Dydx | Update Dydxusdt
1: Formed head & shoulders pattern on daily time-frame neckline breakdown already confirmed
2: Breaking down triangle pattern incase of succesful breakdown expecting 20-30% drop
Dyor
dydx short positionif candle break the blue resistance level cross down until black resistance level
DYDX COULD DROP MOREHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the DYDX 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
DYDX update, is market crash near?Hello traders, I am expecting a drop from current zone, by breaking the price of 2.28, and first target will be the FVG box as I have indicated in the chart...
we can clearly see bearish flags on most of crypto coins currently,
and I think we will have a market crash from alt coins,
so you should trade carefully and do not enter the market without marking a confirmation...
as for BTC, I think last target will be the market bottom which is 16k, and if it hits 16k again, it will be a DOUBLE BOTTOM, we will see a nice bull market then...
I don't really work with patterns anymore, but if DOUBLE BOTTOM is formed, it'll be a good sign for bull market...
and I don't think that we will have more growth yet from DYDX, unless the price of 2.78 is broken, I mean the EQUILIBRIUM area..
so we're currently trading in a range which is 2.28 - 2.78...
enjoy trading, trade carefully <3
DYDX at daily support, likely to head to 2.565The price has again hit the daily support and I expect the price to bounce from here. A long is favorable here towards 2.565 area.
More Traders, More Rewards, DYDX Looks good, DEX's are the future of trade. Dydx has a good rewarding system and tokenomy,
DYDX looking good for upward move towards 2.70The daily support is working well and holding the price for past few days. This is indeed a very strong demand zone as evident from the support zone. The price is also trading above the support zone which is a good sign for now. If this daily candle closes above that zone, it would be a good strength sign for upward move and can target the daily resistance zone around 2.70.
Long DYDXWe've got some bullish signals on DYDX here. After completing Wave E with a higher high, we've confirmed a bottom signal. Now, combining the power of Elliott theory and the Fibonacci theory, I'm expecting a breakout to the 1.618 Fibonacci level. Also, the VWAP on the daily chart is flipping to the upside, which only adds to my bullish sentiment.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
DYDXUSDT at daily support, likely to head up to 2.53The price has hit the daily support which was kind of expected looking at the price action and was also mentioned in the previous post. This provides a long opportunity here. I believe the price may head towards 2.53 zone from here.
DYDXUSDT hit the daily support and likely to go lowerThe price has hit the daily support which provides a opportunity for a long position. However, one has to be careful as it seems the upside for the long is limited here. If I had to play this one, I would play as marked on the chart. If the current daily support loses, a better long opportunity will be from the next daily support and the target for that should be 2.546.
DYDXUSDT at daily resistance and likely to retrace to 2.56-2.58This one is trading inside the daily resistance zone. The price might get rejected from there and head for the support zone 2.56-2.58 marked in green on the chart.
DYDXUSDT BUY SETUPDYDX looking good to buy/long in Fresh Demand or Retest area
GoodLuck guys !
invalid if price break support
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DYOR
DYDX Bullish Broadening WedgeLooking at the daily chart we can see that a broadening wedge pattern has formed which is very bullish for DYDX.
If you zoom out on the weekly you can also see a triple bottom from which we've just retested the neckline.
Overall I'm expecting some bullish moves from DYDX in the next coming weeks.
Dydx Looking Good For Midterm Seems Like Getting Ready for another Bullish Wave Formed Bullish Pennant In H12 Timeframe Incase Of Breakout expecting 120 to 150% Bullish Wave
