#DYDXUSDT broke out the resistance level at 17 #DYDX needs to close 4H above 17 as a resistance level , then it can reach to higher levels
targets : 20 - 24 - 28 - 30
Dydxlong
DYDXUSDT , We should buy buy buy because ...Hello everybody
Are you ready to start this amazing week for trading ??
In here we have new token of exchange DYDX
We analysis in technical and fundamental view and i will explain it for you traders to understand why we should buy it
In technical view :
After the token was came to market for trading we had upward rally and the price is going up to 28$ , we need some rest and pullback for the price to buy , we shown on chart that the red zone is the zone we should buy and HODL DYDX
The other reason from the technical view is we have downward trendline and the price is compressing and after compressing its ready to jump to the targets that we shown and will shown on chart
In fundamental view :
DYDX exchange is the first DEFI exchange in USA wanna make futures trading and its so attractive for the traders for trading in future market in DEFI area
And ...
If you have any question about the market or any thing you can just send us a mesaage
Be with us and sleep comfortably
Good Luck
Abtin
dydx to moon ^_^The possibility of ascending is through the penetration of the triangle, as I said, and also the penetration of the descending channel with a correction, then we move towards the 27-30
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 LONG !!!DYDX Collision to support trend line and pullback , for long term our middle term can long DYDX .
have a good time :)
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: $50
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DYDX Buy. Target? Maybe 30$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 on it's major support* DYDX is trading on it's major support of $19, even the below trendline is working as support for the price.
* We can expect bounce from the support or if the price breaks the $19 support we can see a drop till $15.
DYDX/USDT Ready for $50 ( 132% )#DYDX/USDT Chart Update:-
$DYDX currently trading at $19.39
Now Trading above strong support level.
What now..?
If hold this support above $16.50 then we can see Bullish.
And above $23 sky rocket.
Also keep an mind Support level.
Below support it will bearish.
Support:- $16.50
Resistance:- $23
UPDATE: dydx has performed a bullish flag to $40 🚀Dydx has performed a bullish flag to $40.
DYDX is the developer of a leading non-custodial decentralized exchange on a mission to build open, secure, and powerful financial products.
$DYDX UPDATE The $DYDX pump gonna be super huge. Are you ready?
If you didn't enter yet, then enter between $22.4 and $22.2. S/L : $21.7
DYDXHello My friend...
i hope have nice day.
$DYDX I Think Bullish. And im bought many this it...
we see a bullish pattern in 4H & 1D +++ FLAG PATTERN.
i suggest you BTFD!!!
@PRO4SSOR
ID TELEGRAM"@HOUSE_OF_BITCOIN
10/14/21 DYDX LongStarting a longer term position in DYDX (one of the most liquid, leading decentralized exchanges)
Traded up on the news that Binance was banning/placing more restrictions on China , makes me think that users will move to other platforms, trading on a decentralized exchange is probably going to be a good option in the future when more restrictions/regulation happens.
Although that move got faded, it's still trading in a nice price range right now between 25.057 resistance and 22.216 support.
The DYDX decentralized exchange platform is built on Layer 2 ZK-Rollup technology based on the Ethereum blockchain , which give it the security of Ethereum smart contracts combined with no gas fees for users while trading their cross-margined Crypto Perpetual Futures Contracts. Great that this can solve many of the problems for users in crypto restricted regions by moving their trading volume to a DEX that has good security and privacy. Standard Spot and Margin crypto markets are also still accessible on their L1 ETH based protocol. Backed by global institutional investors such as venture capitalist Paradigm among other angel investors and leading funds.
I see that it has good room for growth in the future not only based on their fundamentals, but also that the technical setup of their chart also looks great, which makes me very interested in a larger long term position.
Sample Trade Plan:
1- 3 Month Target: @ 30.047 (+35% profit from 22.216 starter)
Resistance: @ 25.057 (+13% profit from 22.216 starter)
Support: @ 22.216 (starter on position with room to add up to 21.092 support below)
Bottom Range Support: @ 21.092 (-4.6% drawdown from 22.216)
If trading on short term leverage up to 25.057 resistance, will have more than made back the capital spent, and can switch to spot/lower leverage to hold position long term comfortably above that 30 target.
Short term profits funding long term position.
TL;DR Basically cool project + Technicals look good + Scalable L2 will be compatible with new crypto innovations in the future -> Interest me in taking a long term position along with ETH for some diversity in DeFi exchanges
DYDX Long Trade Idea on Daily Chart
NeutralHi guys, it looks like we are moving in a downtrend and in case of failure you can see the price falling until the uptrend. Wait and enter after the failure.
DYDXUSDT - Flag PatternDYDXUSDT (4H Chart) Technical analysis
DYDXUSDT (4H Chart) Currently trading at $24.5
Buy level :Above $24.9
Stop loss: Below $20.7
TP1: $27.4
TP2: $32.2
TP3: $37.3
TP4: $43.6
Max Leverage 3x
Always keep Stop loss
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DYDX/USDT Current update#DYDXUSDT
#DYDX Holding $21 support is good.
I am still holding.
When Exit.?
If 4H candle close below $20.50
Target: $24
DYDX/USDT Long Setup update with Proper Stop Loss#DTDXUSDT
#DYDX again turning bullish after big Retracement.
I am trying to catch below $22 for Long setup.
which will be best entry.
But If 4H any candle close below $21.40 that time don't forget to exit.
Support: $21.50
Resistance: $24
