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Dydx

#DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy #DYDX #DYDXUSD #DYDXUSDT #Short #ShortSetup #Eddy We are in profit for more than 60% of the growth of this currency, it seems that there will be a correction from here and if the conditions and market confirm, I will enter the reverse trade from here. Please keep an eye on Bitcoin and indices including Total 2 and Tether chart. Do not enter into the transaction without obtaining the necessary approvals. The reason for the decision for short transactions is the analysis of the market, Bitcoin and Tether charts. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ (("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets.")) (("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin. If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis. This is not an investment proposal and only my opinion, please act based on your experience and decisions.")) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I also suggest you to view my #Analysis of #Bitcoin from the link below : My #Analysis of #USDT "Tether Market Cap Dominance" from the link below :
Short
by Eddy_Trade_
DYDX offers an impressive profit potential of +850%The BINANCE:DYDXUSDT pair is exhibiting a notable resurgence from its support zone, indicating a prevailing bullish sentiment. While a minor correction remains a possibility, its likelihood appears diminished. Nevertheless, it's prudent to maintain a Dollar-Cost Averaging (DCA) strategy, with a focus on a threshold of 2.0 in the event of a price reversal. Should the current upward trajectory persist, the forthcoming resistance level is approximately $5.00. Entry Price: Presently hovering around $2.79, with additional DCA consideration at $2.00. Targets: 1. $3.50 2. $4.45 3. $8.56 4. $11.87 5. $14.76 6. $26.68 Stop Loss: $1.76 This trade presents a favorable opportunity, boasting significant profit potential. Best regards,
Long
by VectorAlgo
15
Technical Analysis of DYDXUSDTCurrent Situation: Current Price: $3.56 Recent Price Action: The price is retesting a resistance level. Existing Position: Current Position: Long (Buy) Reason for the Position: Previous analysis indicated a potential breakout, leading to the current buy position. Additional Buying Opportunity: New Buy Opportunity: The current retest of the resistance provides another buying opportunity. Trade Objectives: Take Profit (TP) 1: $3.72 Take Profit (TP) 2: $4.16 Reasoning: These levels align with the overall bullish trend, and breaking through the resistance may lead to further upward momentum. Risk Management: Stop Loss: $3.42 Risk/Reward Ratio: 1:4 (Risking 1 unit for a potential gain of 4 units). Strategy Recap: Strategy Confirmation: The current retest of the resistance supports our initial analysis, reinforcing the bullish outlook. Consistency in Targets: TP1 at $3.72 and TP2 at $4.16 remain consistent with our overall strategy. Cautionary Notes: Market Monitoring: Continue monitoring market conditions, news, and technical indicators for any signs of a reversal. Conclusion: With the price currently retesting the resistance, we maintain our existing buy position and consider this retest as an additional buying opportunity. The trade objectives remain unchanged with TP1 at $3.72 and TP2 at $4.16, while the stop loss is set at $3.42 to manage potential risks. The risk/reward ratio of 1:4 enhances the overall attractiveness of the trade. As always, stay vigilant and adapt the strategy based on evolving market conditions.
Long
by CRYPTO_SETUP
DYDX NEW UPDATEThis analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section The previous wave count of dydx and diametric was found to be correct, but the price did not reach the demand range of the previous analysis so that we entered the buy/long position. But now we have a good range to enter a buy/long position on the chart. It looks like the G wave that was our last diametrical wave is over and we have entered the rising C wave. Closing a daily candle below the invalidation level will violate the analysis
Long
by behdark
2
DYDXUSDT = Forming a triangle patternAs you can see in the image BINANCE:DYDXUSDT is currently forming the triangle pattern. in the next few days we can see the triangle pattern forming. The triangle formation is between the strong support and resistance. Support is around 2.5$ and resistance is around 2.8$. Most likely the triangle pattern break will be towards the resistance and we can see some nice bullish moment, however we ned to wait till the breakout to be sure. We will update the chart when the triangle formation completes and breakout is confirmed. Cheers! GreenCrypto
by GreenCryptoTrades
#DYDX The possibility of retesting the resistance rangeH1 : after the correction of the previous wave, which corrected 23% of the previous wave and exited the output channel. it can now have a short-term upward rally after the pullback to the broken structure to the resistance range of entering the sell position of the previous post. If confirmed in the green box, you can enter the purchase transaction. In addition, the first target is the 61.8 Fibo range. In case of failure, it has the ability to grow to the next range. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.
Long
by alikze
DYDX Is Going Crazy Soon! DYDX Has Been inside a Trading Range For Almost 1.5 Years. Based On Many Reasons, I Believe, DYDX Will Explode in The incoming Weeks. 1- Blue Lines indicate Bottom And Top Lines Of Trading Range. As You Can See, The Price Engulfed Completely The upper Line To The Upside, So The Major Sell Orders On This Level Filled in 2023. After That, Price Went into the Fake-Out Phase, Which is indicated On The Chart Below, To Gather The Remaining Buy Orders. Always Remember The Market Movements Are Designed To Move Toward Levels That Have The Most Amount of Liquidity. Next We Had The true Break-Out Phase, Which Happened in form Of a Huge Bull Flag. Do You See The Flag? 2- The Broken Upper Side Of The Trading Range Would Be Considered As The Support Zone, So The Market Gave Us The Best Opportunity To Enter This Asset, Did you Accept That? Did You Notice This Sweet PullBack? 3- Price Action constantly Made Higher Highs And Higher Lows in the Weekly Timeframe Since The Beginning Of 2023, Which Indicates a Huge Upside Move. It Touched An Important Order Block In The November 2023 Which Caused To Fill Major Sell Orders, So This Level Would Be Considered As a Weakened-Resistance-Level. I Expect DYDX To Shatter This Order block In The Coming Months. 4- The Main Resistance Detected! Just Watch-Out The Collision of The Static And the dynamic Resistances, This Zone Is The Major Resistance, So Once This Zone Breaks, The Sky Would Be Limit! 5- In The weekly I Think This Reaction To The Broken Cloud Is A MasterPiece! The Upper Border Of The cloud Just Supported The Price So Sweet, And The Lagging Span Is Going To Break Through The Cloud Soon. Once It Happens, DYDX Is Going Crazy In The weekly! 6- If You Can't See That Huge Monthly FVG, Go To The Optometrist immediately! 7- Based On The Fib Channel And Price Action Levels, The Targets Are Shown On The Chart Below. I Hope You Enjoy This Idea. If You Do, Like, Follow And share This Idea.
Long
by Trading-Mechanics
DYDX - Enjoy The Ride 🚗Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 DYDX has been overall bullish , trading within the rising channel in blue. Currently, DYDX is undergoing a correction phase and it is currently approaching the lower blue trendline. Moreover , it is retesting a strong support zone marked in green. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #DYDX approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
DYDXUSDT long IdeaHello everyone! Bullish breakout spotted! Planning to buy if the price sustains above the channel resistance, aiming for $3.00. BINANCE:DYDXUSDT ⚠️ Hey friends, just a heads-up: This content reflects my personal take on the market, driven by what's out there for everyone to see (news, reports, data) and my own trading experience. While some of my thoughts stem from actual trades, others are just me brainstorming. Remember, I'm not a financial advisor, so your trading decisions are yours and yours alone. ✅ Got questions or ideas? Hit the comments! I'm always up for dissecting any crypto, currency pair, or stock index that catches your eye. Just drop a name or a chart, and let's explore it together!
Long
by Arash-RK
DYDX/USDT A Bullish Trajectory from demand ?👀🚀DYDX Today Analy💎 Attention ,Paradisers! A lucrative trading opportunity awaits you with #DYDXUSDT, as it exhibits signs of a bullish breakout from the demand zone. 💎Looking at #DYDX historical performance, we can see that it has been moving within a descending channel, testing the channel resistance twice. Currently, it is rising for a bullish continuation from the demand level of $2.550. If it maintains its upward momentum, it could reach the supply zone above $4.240. 💎 However, in the dynamic world of trading, having a backup plan is essential. If our initial analysis fails to materialize, we are prepared to switch to a possible bullish bounce from a lower demand level at $2.228. But be aware that falling below this level could trigger a significant bearish drop.
Long
by MyCryptoParadise
1
DYDX/USDT Breakout the Falling Wedge. Bullish Momentum ??💎 DYDX's market performance has recently been in the spotlight. Presently, DYDX has impressively broken out of a falling wedge pattern, indicating bullish momentum for its upcoming movements. 💎 The price is currently in a retesting phase at the trendline, and there's a strong probability that it may bounce back, resuming its upward trajectory towards our targeted bearish OB area. 💎 However, if DYDX dips below the trendline again, it could be a sign of a false breakout, which might lead to a reversal in its trajectory towards the support level at 2.25. 💎 The support level at 2.25 is a critical juncture for DYDX, given its history of being a strong point of resistance or support. If DYDX revisits this level, a bounce back would be essential to prevent a shift into a bearish trend. Failure to rebound from this support could mean a continued decline, potentially leading to even lower price levels.
by MyCryptoParadise