DYDX | Double top + Head and ShouldersBINANCE:DYDXUSDT
The formation of a Head & Shoulders pattern along with a double Top, at the time of hitting and the below the 200 Moving-Average (MA 200) , are all signs of the beginning of a downtrend.
Trade entry points, below, the minimum price of the previous 3 candles.
Or using the Head & Shoulders pattern, and the entry price is below the neckline
Note: In the downtrend, we also have a price correction and a temporary upward movement.
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
DYDXUSDT trade ideas
#DYDXUSDT Daily Chart
Price has tapped perfectly into the daily demand zone where it bounced from and left another one at around $2. MACD is showing bearish weakness, RSI is bought and EMAs are neutral. I expect price to tap into this demand zone before continuing its bullish movements aiming to liquidate the equal highs at $3.3.
DYDX BUY SET UP ,LONG POSITIONDYDX is on a buy setup as buyers have stepped into the market structure and ready to move up the price Entry price at 2.320usdt and sell set up at 2.589 as btcusdt ready to move up to 23100 this driving force will move most o the coins including dydx.Follow all my past predictions as see how accurate they are.Follow my ideas and make profit in cryptoworld
DYDX Idea #Crypto BINANCE:DYDXUSDT
#DYDXUSDT
#BUY
Entry Price: $ 2.45
TP: $ 2.655 SL: $ 2.245
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✖️DYDX ✖️_ Technical & brief Fundamental!!! Today let's take a look at the DYDX token from a technical and fundamental point of view.✅
Fundamental :
dYdX is a decentralized exchange and trading platform built on the Ethereum blockchain which enables users to trade cryptocurrencies with margin, lending and borrowing, and perpetual swaps through a non-custodial platform.
dYdX has a user-friendly interface that makes it easy for traders to access the platform's services. It has a strong development team that is dedicated to improving the platform's functionality and expanding its capabilities.
Additionally, dYdX has secured significant funding from reputable investors, which demonstrates the confidence that the investment community has in the project's potential. The project has also formed partnerships with other prominent players in the blockchain industry, such as StarkWare, to improve the scalability of the platform.
Overall, dYdX is a promising project with a strong development team, user-friendly interface, support from reputable investors, and most importantly the project goal since many crypto users have lost their funds recently with centralized exchanges.
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Technical :
DYDX token has managed to form a rectangle pattern in the daily time frame.
If we look at DYDX from the theory of Elliott waves; DYDX has created the popular Expanding Flat(3-3-5) corrective pattern inside the rectangle pattern.
I expect DYDX to fall to the lower line of the rectangle pattern over the next few weeks.
DYDX Analyze ( DYDXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for DYDXUSDT
In the current chart, R1, R2, and R3 are the resistance areas which contain the unsuccessful attempts of the price to rise. S2 used to be a long-term resistance area. And S1 is our long-term support line at the bottom expressing the well support of price at several points. Thus, the price was rejected at R1 and after a decline, it moved below S1. We see its fluctuation at this line in a rising behavior. So the price would have two choices for us. By providing us some confirmation candles for a rise, there is a possibility of an increase up to R1 and even higher than that via more fluctuation and fixation over there. Also you should know that in case the price loses the support at any points and falls below S1 line, surely more decline happens to it down to S2. We highly recommend you to obtain every piece of information and idea through our analyses for receiving more profitable trades.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DYDXUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed, everything according plan, first target was already reached(3), stop already in breakeven(1.7)
waiting my next targets
Targets: 4 and ~5
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
DYDX Idea DYDXUSDT DYDXUSD BINANCE:DYDXUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
DYDX/USDT Symmetrical TriangleDYDX/USDT seems to be in a symmetrical triangle. Despite the dip in BTC last night, DYDX didn't seem to actually get hurt too bad in the bigger picture.
It created a new low on the daily compared to the previous but it is still within this triangle.
I'm somewhat neutral on this but if BTC continues down, I'd probably be looking for confirmation to short this.
If short confirmation happens, I would be looking to take something like this.
The stop loss is 1 daily ATR away, I would be looking for the bottom green box as an area for TP as the VRVP seems to be hanging around there, though it would have to get through the support above that at ~1.5
The momentum waves are also dying down on the MC-B indicator, which is why I'm looking for a short on this.
I will update if I take a trade here.
Dydx Obv flat during the recent two sell offs?
Down 36%from the highs
If we loose the 2.4-2.1zone we might retest the Cfork trend line at 1.9
But we bounced of a significant fib tretracement level so might not be retesting that trend line straight away at least
Overall not really sure but feels like we might see some relief here
Shorts baited? Squeeze and provide relief or idk
Bit unwell rn tbh
DYDXUSDT IdeaDYDXUSDT - DYDXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
DYDX Long
DYDX Long Immediate input or limit to the value indicated for 1 input.
]You can make a 2 enter mai above and share the amount so as not to pay a expensive myth stop.
Input above the weekly VWAP, already broke the downtown trendline then and good signal.
Output in the largest volume area in the volume profile with confluence of Fibonacci Areas.
Not the finance Advice
DYDX-Long Swing Trade Idea(If BTC holds the level!)Hello Guys ,
It's Saturday , a good day for analysis.
I'm gonna keep an eye on DYDX these days, because it looks pretty good so far and the reasons for that are :
1) DYDX is trading above the 1-YEAR RANGE/ACCUMULATION zone and we are testing it now again:
s3.tradingview.com
2)Golden cross on 12h TF which should help a lot if BTC continue upwards
3) 12H FVG AREA + GOLDEN POCKET on Fibbo levels:
s3.tradingview.com
4) Testing and holding the Trending line
Keep in mind that :
We need to watch DXY ,because right now is rising and we need to see reject first! BTC so far is holding , the 23k/22k is good level for bounce but we can also reach 21k/21.6k , so first we need confirm on the big boys and then jump on DYDX.
For the StopLoss here , for me personally it will be below the last Swing low.
If anyone thinks I am wrong , please let me know
Appreciate all the constructive criticism.
Wish you all the best trades ,
Thanks!