DYDXUSDTHello everyone
According to the chart and our previous serial analysis we publish that the price need to have more correction from 15$ price and now the price is how much ??
Be patient to hunt the hunter :D
As you can see on chart we expect that the price can drop to stop hunt the orderbok then its ready to move upwards to complete the correction and we think that the price is moving in bearish market in a year but just a prediction.
And in this chart we put a point, if anyone can guess at first we wanna give 500$ prize for find it and tell at first.
If you have any question send us messages
Good Luck
Abtin
Previous analysis :
Dydx
DYDX: Strong news = Strong coin💪While everything else falls, DYDX grows.
Why? As in most cases, when coin looks stronger than a market there are news that give it power.
If we check DYDX twitter we can see that developers announced something big, even tho, nobody knows what it is, this announcement was already enough to make it grow 30% , while BTC dropped more than 7% .
Will enter the position when price squeezes to the trendline on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
3% - 1/3
6% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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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
DYDX zones where Ill open LONGBINANCE:DYDXUSDT
For May and summer $DYDX will trade in range between 8 and 3 dollars.
Ill open long at
3.80
3.40
2.86
Possible to see squeeze down if in May we will see increasing the rate FRS really hard
Targets for this trades
5.80
Around 7$
About investments zones for DYDX ill make a new IDEA and will show investments zones and targets where you can mark your FIX position
$DYDX - trendline breakout + stochastic bullish divergenceDYDX printed a bullish divergence on 4h timeframe and is breaking the downtrend
might look into a long position for this
the price is also approaching the resistance level around 4.5, which I expect to be broken soon
let me know what you think about this in the comments
DYDX- welcome to floor -1Hello everyone
Since last week we had a great fall of the price on DYDXUSDT, as you can see today's bar went above the high of yesterday's, which gave me the impression of a pin-bar for a second and then turn into this terrifying shadow.I know this asset been nothing but down trend so far,but a price this low for such good asset is just unfair.
Anyway we have seen the low of the market on Tuesday. This shape of the trend might turn into a wedge pattern and let us have a breakout to higher levels.
For now we have the low of yesterday as support 4.05$ and 4.25$ as resistance level
I would wait for higher lows and in case of a reversal pattern, I will enter on my second signal (NOT THE FIRST ONE).
DYDX-accumulation,double bottom ,wedge and higher lows.Hello everyone
Good title,right?
On daily chart on DYDXUSDT, we have good amount of structure and context for a reversal.
I know many people may say" that's a bear flag right there ", yes with a pinbar rejection and a weekly wedge and higher lows. That's why the price is more likely to touch the 4.55$ or the bottom trend line again ( because of the shadows of the last 5 bars & the hanging man of today)and we will have a rejection there and might see the price reaches 6$ by the end of the month.
Have a good trade & don't be greedy.
Bears cant push it down further Time to load up $DYDXA very persistent RSI bullish divergence on daily. Price is not going much down in every down swing, which is a clear indication that the bottom is in.
At this point, the risk to reward is extremely good and you can go long and hodl till the volume and fomo picks up,
Thank me later.
Cheers,
Nav
DYDXUSDT - SETUPDYDXUSDT:
Price is flirting with EMA 21 yesterday but got rejection. Today bulls are trying again to break above and same time breaking the falling trendline, Momentum is fine So we are expecting they can negate the bearish activity and move forward. If reject again then buying on dips will be the Plan B. So keep watching the Price action.
DYDXUSD staging a complete bullish reversalDYDXUSD is on a strong green candle on the 1D time-frame that hit the 1D MA50 (blue trend-line). A break above it will make a strong reversal case on the long-term as after that, the last barrier to break would be Lower Highs trend-line 3. Basically this is a bullish reversal on its last stage as we can claim that since February 24, DYDX has made a Triple Bottom formation and is on a 1D RSI Bullish Divergence, which is on Higher Highs and Higher Lows as opposed to the price action's Lower Highs and Lower Lows.
The LMACD is close to a Bullish Cross and a break above the Lower Highs 3, would put the coin inside the Break-out Zone, which would make it a confirmed Buy. After that, and despite having to overcome the 1D MA200 (orange trend-line), DYDX should gradually start filling the 0.5, 0.786 and eventually 1.0 Fibonacci levels and those are our targets on the long-term.
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