Dydx
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price has been able to break its resistance line which is acting as the support line now. We expect it to make a pullback to the support line and then continue going up. If it stabilizes below the support line, then there will be more falling which is less likely but you need to keep that in mind as a possibility.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DYDX moving bullish after long timeDYDX seems to bottom out. It closed bullish in weekly chart after 11 weeks. It closed bullish on daily chart as well and even made a break from the smaller falling wedge (red dotted line). The price is now trading above 13 and 20 MA and closing the gap to larger falling wedge – break above would trigger very bullish move (yellow dotted line). DYDX has lots of potential on the upside. My targets; TP1 $11.5, TP2 $15, TP3 19.2, TP4 $23.6; SL under 7.1 - small chance.
DYDX - #DYDX $DYDXDear friend
I checked it in the multi-timeframe.
The price has in pullback and exists another support zone 8.1-8.3.
I think it can go up from these areas and could take 20-40% profit.
Resistances are clear.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
#DYDXBUSDDYDX after days going down now broken the down trend line and enter on a positive trend line.
DYDX has done a nice breakout, Next target is 10$!DYDX Short term Update
DYDX is a high potential coin in crypto environment as you know, This coin rejected perfectly from 7.211$ zone.
A breakout of descending trend line and static support zone was a good sign for end of this long correction.
This coin is out of its descending channel now, And this is perfect.
Some range movements above current support area(Blue area) is expected and then the first TP for this coin can be 10$.
DYDXIt comes down as a channel pattern
To climb, you have to break the dynamic and static roof at the same time at the price of $ 12
Given the small market value, the risk is high
You can enter in several steps
My SL is priced at $ 7
Do not use SL and reduce the average purchase at the bottom of the channel
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I have identified the goals using three-point FIB
Of course, one can look at history and draw resistances ...
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If you have any questions, you can write it in comments below, and I will answer them
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