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Dydx

✴️ dYdX Triple Bottom, Bullish Breakout (275% Potential)We will keep this one short as more information can be found in a previous trade idea. dYdX here is showing a triple bottom and now a bullish breakout. This weekly session is moving above a consolidation pattern which can lead to additional growth. I am seeing an easy target of 60% with a potential to hit 275% mid-term. Can be a bit lower but also a bit higher... Thank you for reading. I'll share additional charts with you all looking great. Namaste.
Long
by AlanSantana
2
DYDX/USDT - bullish pennant with 2-3x potentialDYDX/USDT is showing a very promising bullish setup which will likely break out soon. In this setup we can see a bullish pennant which is shaped like an inverted head and shoulders pattern that's near completion, successful retests of the previous downtrends and price sitting above the previous 2.50 resistance. I really like the look of this setup and expect to see high double digit % returns and potentially even a 2-3x depending on the momentum of the breakout. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ - Buy zone: current price range, anywhere near the tip of the pennant or if you prefer a safer approach buy the breakout - Targets are marked in the chart In case of a pattern failure look for support on the dashed trend lines for a potential re-entry. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ I will try to keep this idea updated as the chart develops. Best of luck and let me know what you think!
Long
by Wolfy_
DYDX Gearing up!KUCOIN:DYDXUSDT DYDX is in consolidation sitting within a 20% band. Market waiting on Bitcoin move for direction. Look for Longs with entry triggers around the possible pullback zone for breaking out for 30% - 40% possible upside. On rejection, can short to structure at 1.84 level. Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
by imr4nkh8n