DYDX Case studyHi,
This is the idea I'm sharing here. I see DYDX is creating a setup which I have played it before.
Price accumulate before and then breaks below to create manipulation and then it expands to the upside.
Which is what I'm eyeing. Still no position but if it breaks above in to that accumulation range. I'll take a long target is way to high for this move.
All the best!
Dydx
DYDX-USDT price predictionWe never know when is the exact top or bottom, so the best way is to ladder.
This wedge will break sooner or later, so it makes sense to start buying on the way down.
RSI shows divergence in 4h TF.
So this would be a high probability trade to enter. I'm laddering from the $19.3 area.
DYDX /USDT AnalysisDYDX / USDT
price is dropped hard recently and show slight bounce near uptrendline
What next ?
Watch for possible double bottom here and after that waiting for bullish breakout confirmation of resistance line
Before that happens dydx still bearish and can drop more to next support 9$-12$ if current local support lost
Note : this chart is still new which mean no historical levels and can print new low or new high easy
Best of wishes 🙏
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, if the price does not drop below our support line, we can see a bullish bat pattern, and the price can reach the previous ceiling over time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🆓dYdX (DYDX) Oct-28 #DYDX $DYDXDYDX is approaching the important support zone at 14$, if it holds, DYDX will rise sharply to 18$, 21$ and 29$ in November. But if it loses this zone, we should not. hold on to it again because it might fall sharply to the $10 or even $8 zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 14$ zone
🔴Buy : 14
🔴Sell : 18 - 21 - 29
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 14$ zone
🔵Sell : 14
🔵Buy : 10
❓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
SOL will EXPLODE once price is done consolidatingSome very bullish news surrounding solona and heavy out-performance over the rest of the market has sent SOL parabolic. But its not done. Expecting more highs to come.
- Daily support / resistance has been broke and has held up
- Price is now consolidating in small channel atop ATH support
- We wait for momentum to drop, a break of of consolidation, and for bulls to regain control over momentum and then were in
* One of the hottest coins in the market right now. Once BTC and ETH start making gains off recent pull back, SOL is outta here
DYDX AnalysisDYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.
DYDX UPDATE: daily close inside the flagDydx has closed a 1D candle inside the bullish flag, we can see a bullish trend to $21 and a huge pump if breakout the flag to go to our targets.
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DYDXUSDT
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⚠️ Stop loss: 1D candle under 16.5
⭐ Target 1: $21
⭐ Target 1: $27.3
⭐ Target 2: $32.4
⭐ Target 3: $40
⭐ Target 1: $50
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DYDX to $58? | #DYDX #LongHello Padawans,
First of all, do not take this as a piece of financial advice.
Personally, I liked this project, not because of an exchange token, it's more than that.
They provide Defi with future contracts to Defi lovers. It is very simple, No KYC, just connecting the wallet and then you can long or short.
The total and max supply is 1Billion.
Still has a 6% circulation.
Marketcap is around $1Billion.
I see this DYDX as a strong DEFI project.
My first target after breaking this falling wedge is 27, then 38.
2.618 Fib level is around $54.
Let's see what will happen next.
Cheers!
May the force be with you!
DYDX Buy. Target? Maybe 30$dydx price decreasing in last 30 days. last night price touch trend line and back of the channel & support zone move price up again.
i think price move up & down again until this triangle complete (probably triangle will complete in middle of November). then price go to top of channel again and more.
buy at 17.5 - 18.5
TP: 29-32$
SL: Daily candle under 15
That's just my idea.
DYDX DYDX moves in a big ascending channel. We have recently tested the ex-resistance zone and trendline. I expect a rebound to the resistance zone of the small channel inside. DYDXBTC in the accumulation zone. Also, I think we will see an upward reversal trend soon.
The dYdX Layer 2 protocol has become the leading DEX exchange in terms of the trading volume. It surpassed Coinbase. Volumes exceed $10 billion per day.
Best regards,
EXCAVO