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Dydx

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!
FTX:DYDXPERPLong
by CryptoObi
DYDX in descending parallel channel#DYDXUSDT $DYDX is trading inside a descending parallel channel and try to break out from middle line. if price success to break out the middle line which is the same with a resistance zone and then upper line of parallel channel (that's too much) then price will head up toward $32 and $34 but I think it is possible that price drop more to touch the support zone around $17.8 that is the same with long term ascending support line,and then a strong rally to $32.
by parissap
Time to buy dYdX !!!!So dYdX finally did some decent retrace, actually a perfect retrace to the 0.382 Fibonacci level. We have 4 factors to buy dYdX right now: 1- 0.382 fibonacci support level 2- lower line of this bullish bull flag 3- diagonal support line that hold us from $10 till this day 4- Oversold RSI So it’s just a good bet to buy dYdX here Your target should be around $33 and stoploss should be at -$16 The only negative sign is the funding rate, which despite the bearishness of these past days it is still high af.
Long
by CryptoSep
7
Dydx getting ready for a big move to $40 - 80% ProfitdYdX (DYDX) protocol token is the governance token of the dYdX community that can be used to gain mining rewards and participate in staking pools, and receive trading discounts on its exchange. ----------------------------------------- DYDXUSDT ----------------------------------------- ▶️ Buy: 22.3 ⚠️ Stop loss: 1D candle under 2.7 ⭐ Target 1: $27.3 ⭐ Target 2: $32.4 ⭐ Target 3: $40 ----------------------------------------- Good luck 💗
Long
by Amr_Tawfik
6
DYDXUSDT is Converging and two timing to entry!/Trading strategyBYBIT:DYDXUSDT - 1H trend chart - DYDX has converged for a while and formed an obvious triangle. You can notice lots trend lines needed to be broken, so I'll provide 2 different entry timing for you as below - 1. Aggressive traders There are 2 blue horizontal lines, the upper one is a nice timing for aggressive traders. It just broke out the orange downtrend line, so can wait for price stands firm at $24.960 2. Conservative traders Conservative one could wait for the price takes out the long-term upper downtrend line, as the pattern at the top left. - Profit Targets: a) 27.857----Fib(1) b) 32.414~34.257----Fib(1.272~1.382) c) 44.611-----Fib(2) Stop losses: a) 22.001-----for Aggressive traders(Red horizontal line) I'll update for Conservative traders if the downtrend line are taken out. - If you like this analysis, give it a like and leave a comment below to share your perspective or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
4