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Dydx

$DYDX - Bulls breaking FALLING WEDGEHello my Fellow TraderZ, Few days ago I made an analysis on $DYDX ranging inside Descending Channel Pattern on 4 HTF. Although price gave a Fakeout and create a Double Bottom and again came back inside the channel and breaking upward of the channel. BULLISH DIVERGENCE is still valid + Price is trying to come above the EMA 55 on 4 HTF + Breakout Volume is Pretty good enough. Also look on DTF, #DYDX is forming a FALLING WEDGE Pattern which is generally Bullish in nature. For strong confirmation look for the daily close above the Wedge and the Resistance area of $1.30. TP 1 : $1.41 TP2 : $1.52 SL : according to your own R:R Note : never underestimate #BITCOIN which could ruin the Party. Happy Trading Fam. CHEERS!!!
Long
by TRADER-GOKU
Derivatives, Synthetics, FOREX...Next Big Opportunity?For the next bull market cycle, I believe the derivatives sector, synthetic assets, equities, commodities and FOREX can provide an above-average exponential gain. That's because the blockchain and cryptocurrency market tends to swallow the traditional market (I didn't say that... it was a trader with 30 years of experience who abandoned the traditional market). In this comparison, I put some of the projects that I consider to have upside potential, after listening to some analysts and also from my own experience. I also put on the chart the price of BTC and ETH for benchmark. Projects and tokens: Synthetix (SNX) (via Optimism or Ethereum) GMX (GMX) (via Arbitrum or Avalanche) Gains Network (GNS) (via Polygon) dYdX (DYDX) (via Etherem) Mango Markets (MNGO) (via Solana) Perpetual Protocol (PERP) (via Optimism or Ethereum) Deri Protocol (DERI) (via BSC or Arbitrum)
COINBASE:SNXUSDLong
by andre_007
1
Is DYDX the top investment?DYDX is the top exchange among DEX, the largest volume of all DEX exchanges today, together with uni, it showed one of the largest bounce among the top coins, which is a very positive signal for all coins of dex exchanges and in the future, with the next growth waves, DYDX and UNI should show a good profit. Now we see how DYDX is forming a possible bullish wedge and if the market does not show a sharp drop and DYDX holds the key level of 1.5, then we can consider longs when the bullish wedge is broken and fixation above the level of 1.64 with potential targets of $2, $2.5
Long
by razumcapital
DYDX - Beautiful shortReasons to take short: ⭐️ CPI released today ⭐️ Couldn't update high ⭐️ Volume at top ⭐️ Level is 51 days old ⭐️ Level is seen on daily tf ⭐️ 4th touch ⭐️ Under VWAP Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself
Short
by Artem_Dishel
10
DYDX/USDT - Market Update 07.08.22Hello Traders! DYDX completed the fall phase, after which the consolidation range of $1.00 - $3.17 was formed. Based on the analysis of the smaller timeframes and the current state of the market, we can assume the continuation of the local growth to the upper border of the consolidation range - the level of $3.17. Further, we can expect the beginning of descending price formation with the purpose of liquidity gathering to the lower border of the range - the level of $1.00. Specifically interesting will be the purchases in the range of $1.00 - $1.44. The targets will be the levels of $2.44 and $3.17 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
by UnknownUnicorn10064030
DYDX/USDT : Correction is must before the next leg upBINANCE:DYDXUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! Our Last call on $DYDX has been got stop-hunted and today we'll enter positions based on invalidation and hold triggers only. Currently, $DYDX has formed an ascending channel, And based on the data we have, There's a bearish divergence formed from 29th July to 1st August. Also, it could be a good entry zone to locate Longs towards the higher bearish base, As $DYDX has formed a bullish order-block below at $2.00 So, In terms of using both scenarios; - There's a Short opportunity to $2.20 with an invalidation as hold above $2.84. With a local Long position with an entry zone from $2.30 to $2.10 with an invalidation as hold below $2.00. - There's also an aggressive Long setup after getting the invalidation above $2.84 with the Same stop-loss below $2.00. You can have your bullish run from the current market price or lower, But you have to manage the Risk/Reward Ratio too! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
7
DYDX/USDT 1HOUR UPDATE LONG TRADE SETUP!!hello, members welcome to DYDX/USDT 1Hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see from the above-mentioned chart the DYDX/USDT brackout the chanel and retested the green zone now, at the current scenario we are expecting that DYDX will go up all the way to $1.98 means almost 15%. So if it moves to the green zone again then it will be the zone to go long on DYDX/USDT Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
DYDX - Perfect formation to trade during FOMCDYDX is interesting, especially to short. It has beautifull trendline that has been touched 3 times already. Long is interesting too since we tested resistance zone a couple times already. It can go both ways and it's exactly what you need before FOMC. Direction depends on what FOMC meeting today will bring us. If news are good, take green scenario. If news will be bad, take blue one. In all cases, before entering look at 5m timeframe to find best entry point, check DOM for favorable wind and fix profit by parts. 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
by Artem_Dishel
6