Dydx
DYDX is preparing for a big move to the upside!DYDX on the daily time frame is up trending with no doubt!
1st. After the considerable correction for the first time in 30 days, DYDX has managed to change end the correct buy creating higher high on 4H timeframe.
2. Now it the time for a small consolation that leads to creating a new hight on the daily and in this move it might reach the upper supply zone( marked on the chart) that will be a 100+% target. It’s far away! But if Bitcoin will reach 30’s this will be achieved in a matter of 30+ days.
This is not a financial advice. It’s my way of thinking based on my interpretation to the data on the charts.
First TP
DYDXUSDT Short (First time sharing my idea)Note : My ideas are not meant to be a financial & investment advice, Trade on your risk and your believes ;)
Please take in your consideration, I only trade for small profit between -$150/+$60 to +$300/+$500 a day 3 or 5 day a week (sometimes 2 days a week & some 7 days) it's depends on the market. so usually TP1 is enough to take all out.
About the chart, I don't use too many indicators only volume and a naked chart most of the time, but I know this coins moves.
So, I think after hitting the TP1 & TP2 it has good probability of about 70% to hit TP3, but before that happen we will see a pullback from TP2 to TP1. Then we will see the scenario.
Buying $DYDX First trade
Trade type AAA
Reasons for taking this trade:
- The 50 level of the swing low and swing high did not work. That is good, this because price is not expected to obey 50fib level but its supposed to go lower since large orders take time to be filled.
- Price is in an uptrend therefore taking longs makes so much sense.
- Price is at 3rd stage liquidity.
- Price surpassed the breakout and retest level hence the retest is supposed to happen. Price will have to go back to that level.
- 1HR Timeframe is closing bullish.
- NY open is here hence this will pump liquidity
Trade type glossary
Type AAA - Very Good
Type BBB - Nice
Type CCC - 🧐
Trading Idea 040: DYDXMarket Conditions:
- possible trend reversal
- consolidation around the key level
- bearish sentiment in the market
Key Level and Lines:
- $2.728 support
Trading Ideas:
- go short if the price moves below the support.
- go long if the price reverses from the support and the crypto market is bullish.
dYdX (DYDX) formed bullish Gartley for upto 21% pumpHi dear friends, hope you are well and welcome to the new trade setup of dYdX (DYDX) token with US Dollar pair.
Previously we caught a nice trade of DYDX:
On a 4-hr time frame, AR has formed a bullish Gartley move for a bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DYDX 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/USDT Chart DYDX Coins' price of may experience a slowdown. It is important to note that the cryptocurrency market can be highly volatile and prices can fluctuate rapidly. It is recommended to conduct thorough research and seek financial advice before making any investment decisions.
It is possible that the price of DYDX Coin, currently at $2.925, may decrease BINANCE:DYDXUSDT in the future. As with any investment, it is important to consider the potential risks and to conduct thorough research before making a decision.
DYDXUSDT IdeaDYDXUSDT | DYDXXUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
DYDX going for 5thFor Swing trader, I believe this is a very nice setup for you. It is bullish on every mid-long timeframe in this near term. Daily chart has been cleared and I am eyeing for the 200EMA of 2D chart which is in confluence with previous Resistance. Not only these 2 indications but there are a lot of other confluence as well that the resistance is a legit target, e.g. 50% fib of the previous high degree swing and a breakout pattern target (the breakout of double-top).
Even if you enter now, the R:R is still around 1.7. Since JAN, I mostly traded in swing as I don't have much time. I apologize for did not active much on publishing lately. I personally on this trade as well.
DYDX USDT , DYDX the DEX Coin Will Touch Double Digits!?BINANCE:DYDXUSDT
DYDX was in MARK DOWN Phase from very long time and entered in an accumulation range and now moving for a MARK UP Phase.
Being A Pure Technical Analyst..Let's Move Straight To The Charts!
DYDX on Higher Timeframe was in accumulation(261 days) from long time and just broke out few weeks ago.
Right Now it tested on that range high in the form of a Bull flag which is meant to be bullish for its price action and should start a rally in next few days
If you are looking for Entries, then on lower time frame if DYDX retraces to 2.7-2.9$ can be good entry for you to hold for high time frame play
First Target Would be 3.9$
Second Target Would be 6.5$
Third Target Would be 10$
4$ has strong resistance..it can take multiple tries to break that
Okay so That's it for DYDX
Hoping you liked the analysis :)
Please like and comment your views on DYDX and also follow us for more setups as i am going to post detailed analysis for many Altcoins!
See you in next Altcoin Analysis
$DYDX - Beast of Dex is arousedHello my Fellow TraderZ,
$DYDX - after giving massive 3.5x in First Leg, it has risen again to make some noise.
It has once again flipped the resistence of $2.7 as Support. Also broke the TL. I'm expecting a retest of the Support in order to most probably we hit $4 or above.
CHEERS!!!