Dydx Getting Ready For Bounce Seems Like Dydx Getting For another Bulish impulse
Forming Bulish Pennant In h4 Timeframe
Incase Of breakout expecting Another 50 to 55% bulish Move
DYDXUSDT trade ideas
DYDX longDYDX broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 3.65 is expected to happen.
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.
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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 🦐
dydxusdtIt is inside an ascending channel. According to the conditions of Bitcoin, the strategy should be changed.
This is just analysis, and do not base it on buying or selling
Playbook Entry - Wedging into linesSimilar to the post this am, this is another of my preferred setups.
The price is wedging into a visible resistance area. These will nearly 100% reverse at the point of price agreement.
I have multiple examples from today of this setup - this one is on a higher timeframe on DYDX.
Just spot the line, look for price agreement at a target on the line.
These are very reliable.
This played a 5% move @ 20x = 100% ROI so far.
🚀 DYDX: it's going to happen!DYDX middle-term: If we break through the resistance at $3.15, we will see the 3.64-4.3-5.1 $.
Very important support at the level of 2.29-2.43 $.
If we drop below it, we will see a continuation of the fall. The orange lines are my long position opening levels. RR2
🚨 DYDX will show the big movements!Short-term: the coin is moving in a local uptrend.
As long as we are above the rising trend line, we can continue to grow.
In case of a breakdown of this line, we will see a downward movement at least to the local supports of 2.8-2.6$.
Resistance is the $3.15 level
DYDX at resistance lineSpotting a good reversal play on DYDX at an upper trend line. It's wedging into it - good setup for a possible short.
Fundamentals are good, but just playing the price action.
Today looks mega red.
DYDXUSDT✖️ #DYDX/USDT
Looks very bullish🔥
Broke out of Triple Bottom formation on higher timeframe and now printed a bullish pennant🧐
Looking for a rally on this coin✈️
DYDXusdtIn the daily time, it forms a increase triangle pattern, which usually increases to the width of the triangle.
Of course, in the last 24 hours www.cryptometer.io
There are strong buyers.
This is a simple analysis, and do not base it on buying or sellin g
DYDXIdea: the price is trying to break through an important resistance - the upper border of the symmetrical triangle, the POC level and the trend line. A breakdown of the resistance will push the price up to the $3.25 resistance level. The price will drop to the $2.73 support level in a bullish scenario
DYDX usdtWith my simple analysis, an increasing similarity pattern is observed
This is just an analysis
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.
DYDX TRIPLE BOTTOMDydx is consolidating above the triple bottom pattern
Buy or not?
Comment your thoughts below
DYDXUSDT <Wave5>The analysis is based on Elliott waves
At the end of the price path, a flag pattern is formed that can move the price to the specified target
:(
#DYDXUSDT #LQRUSDT #TOBTC #LaqiraProtocolAfter breaking the resistance of $2.71, the price is correcting
The static support range and the dynamic support of the uptrend line are in the price range of $2.01
Minor resistance is $2.97 and major resistance is $3.25
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.
