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DYDX / TetherUS

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DYDXUSDT trade ideas

🔥dYdX MAKE A PULLBACK: THE BEST PLACE TO OPEN A LONG!🔥 Hi friends! dYdX made +200% from the entry point at $1.01. Now, we see that trend is fading. I explain my expectation for dYdX in this idea. Read to the end! 🚩 Why do I think that pullback is possible? The main precondition is a volume growth at highs. As you can see on the chart when volume goes up at highs so the price goes down. 📊 TRADING PLAN FOR DYDX: 🔥 pullback to $2.3-2.5 value area 🔥 volume growth at the bottom confirms the presence of buyers 🔥 bullish BTC is a must-have for altcoins growth ✅ MY TARGETS FOR DYDX: 1. $3.62 - the key levels and local highs 2. $5.3 - the key level 3. $7.3 -the key level Friends, what did you trade dYdX previously? Write in the comments! This is DEX (decentralized exchange) which will be the top gainer in case of crypto regulation. 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
2
🔥162% OF PROFIT: $1 IS A BEST PLACE TO BUY dYdX AGAIN🔥 Hi friends! dYdX give us the opportunity to make a huge profit several times. The last one was during the test of $2.7 key level as the support. The price fall for 62%. So you can make a huge money even without leverage. The main reason for this fall was the Binance FUD and now the FTX FUD. Blockchain data shows that Alameda Research (SBF/FTX fund) swapped their altcoins for Bitcoin using mixers. Since Alameda is a big holder of this altcoin, the risk that they will sell and push the price down persists. That is why the price is falling today. 🚩 DYDX HAVE A THIRD PLACE AT ALAMEDA PORTFOLIO 📊 TRADING PLAN FOR DYDX Now the price almost reaches the lower boundary of the channel which is strong support for the price. Here we can open a trade with 2 targets that I point out later. The preconditions to open long: 1. the false breakout of the channel's lower boundary 2. sl collection below the $1 key level (a lot of liquidity for the whales) 3. bullish BTC 4. volume growth at the bottom 🚩 Friends, remember that we open trade only if a false breakout happens. Let the price fall lower if it does not close inside the channel again and wait for the next opportunities. ✅ MY TARGETS FOR DYDX: 🔥$1.7 - the mid if the channel 🔥$2.7 - the top of the channel Friends, do you believe in this decentralized exchange growth? Wrote your thought about DYDX in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
DYDXUSDT wants a new breakout?DYDXUSDT had a breakout from a descending channel after bouncing off the 0.618 Fibonacci retracement level. Traders who follow Plancton's Rules may be waiting for a new breakout to occur before considering a new long position in the market. A breakout from the current level could indicate a continuation of the upward trend and could provide an opportunity for traders to enter a long position. ––––– 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 🦐
by InkyGrip
19
TA of DYDX/USDT: Potential Breakout and Buying Opportunities Chart Analysis Shows DYDX Testing Fibonacci Retracement Level and Potential for New All-Time High in Upcoming Bull Run:- #DYDX is currently trading at $2.855, and the chart shows that it recently broke out of a major resistance level and is currently trading around 250% higher than its last bottom. It has also risen 150% from its last breakout. The previous breakout was followed by a retest and was perfectly executed. At present, DYDX is trading in a parallel channel, and a breakout from this channel is crucial. A high-time frame candle closing above $3.30 or breaking the recent high of $3.68 would be the best entry point as per technical analysis. Based on the chart, I anticipate that DYDX may test the 0.0618 Fibonacci retracement level and then experience a significant upward rally. Therefore, the best buying opportunities would be around the parallel channel support area, which is between $1.40 and $1.70. In the long term, I expect that #DYDX will break its new all-time high in the upcoming bull run and could reach $30. The support levels for #DYDX are $2.44, $1.65, and $1.11 while the resistance levels are $3.47, $7.50, $13, and $24 This is just my opinion, and it is not financial advice. Before investing in any coins, I recommend doing your own research. I will update my social media channels if anything changes in the chart. Please Like, follow, and share for more live updates on technical analysis and breaking news on crypto. Thank you.
Long
by CryptoPatel
6