Double Bottom in DYDXHello friends!
As you can see in the dYdX chart,
The price has formed a Descending Wedge
And there is a positive divergence in the RSI
And in his bitcoin pair he is testing his floor for the fourth time,
Do you think it can form a Double Bottom pattern here?
Thank you for supporting me!
Good luck!
Dydx
DYDX/USDT 337% Potentail if hold this Support Level#DYDX/USDT Technical Analysis:-
$DYDX currently trading at $6
As per chart #DYDX already did -81% Retracement.
Imo Its good time to start accumulate.
As per chart $5.40 is strong support level.
Best Entry :- $5.50-$6
Stop Loss:- If break $5 support then Good to exit as per TA.
If break down $5 then we can see $DYDX price also between $3-$3.50
Keep an eye on level $5.00
Most important and strong Barrier is $7.50 Resistance.
If break $7.50 resistance then we can see massive move towards $24
Need to break Parallel Channel for Bullish mode Activated.
All analysis is My own research so This is Not Financial advice.
DYOR before invest in any Altcoins.
Support:- $5.50
Resistance:- $7.50
dYdX (DYDX) Buy ZonedYdX (DYDX) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
dYdX has broke our downtrend on the 4 hours timeframe, signaling a relatively strong mid-term move which will one be confirmed once we break above our targets 2 in short-term.
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$DYDX/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 6.71 - 7.05
TP 1 : 7.215
TP 2 : 7.47
TP 3 : 7.8
TP 4 : 8
TP 5 : 8.35
TP 6 : 8.65
TP 7 : 9
TP 8 : 9.65
Stop Loss : 6.29
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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DYDXUSDT, The price has the potential to drop ...Hello everybody
I know that the market and you the traders are in confusion because the market everytime are surprising us you should becareful and have some plan for every movement of the market.
DYDX is one of the most popular project for the future because of the mechanism and ...
If you wanna learn Fundamental & Technical analysis send us messages ---> Our id is in profile
According to the chart and our previous serial analysis, we shown on chart everytime that the price is moving in downward trend and until its not change the trend and the condition of the market its not change this downward trend we are going to down and down and down.
At this time we should be careful for the FOMC and BOE and ECB because the market this time affect its power from the macroeconomics and because of the inflation its near to us that we see that the rate of Central Bank rises their rate and if this happen the price should drop more and all the markets affect from this news.
Another thing that i see should tell to everybody because they take wrong decision with this word, when anyone in any analysis say PRZ LEVEL its mean this is the point that the price can change it trend not the trend change and you should buy or anything like this. If you wanna buy in these level you should manage your capital and have a plan and strategy to entrance your money and capital.
If you have any question send us messages
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DYDX | Seems like Bottomed out & Ready to Run..!!#DYDX (Update)
Descending Channel Formation in Daily timeframe Chart..
So far Looks Promising & In case of Upside Breakout, Expecting Massive Bullish Wave..
Looks Promising for Midterm #Hodl, 2-3x Profit Potential ..!!
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
🆓dYdX (DYDX) Feb-04 #DYDX $DYDX
DYDX is trying to break out of the $6 zone to rally to the $7.5 and $9 or even higher zone but for now we need to pay attention to those 2 resistance zones.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 6$ zone
🔴Buy : 6
🔴Sell : 7.5 - 9
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 6$ zone
🔵Sell : 6
🔵Buy : 4.5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
DYDXUSDT, Did you bought ???Hello guys
I hope you re in profit in these days of market, the condition of market is not stable and we should conscious and becareful about our capital.
Do you know about DYDX ?? Do you know why is the first and most poweful exchange on defi base ? Do you know anything about Zk-Rollups ??
If you wanna learn Fundamental & Technical analysis you can send us messages in private ---> Our id is in profile
According to the chart and our serial previous analysis of DYDX : Both of our buy zone area activated and now because of the consolidation the price in support zone area that rise the expectation that the price can rise up to test resistance zone trendline .
We shown sensitive zone that can drop the price if the price can break this level successfully the price can reach to the new target that we try to update that very soon.
If you have any question send us messages in private
Good Luck
Abtin
Previous analysis :
DYDX , DYDXUSDT 1DAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊 #DYDXUSDT ( DYDX )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 02.01.2022
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