DYDXUSDT
Long Entry at Channel Bottom for dYdXGreetings, Snipers!
DYDX has dropped >95% since its peak in 2021
DYDX is currently at the bottom of its channel range at $1.00-$1.20, with previous strong retracements
This may draw a potential sideway channel or a triple bottom pattern
The $1.00 level is expected to be a strong psychological support
$2.30 - $2.70 have posed to be a strong resistance level
In the shorter time frame, we can trade this channel:
We can take a long-entry now, at $1.00 - $1.10, and sell at $2.30 for a Risk-Reward ratio >5 (SL at $0.84).
Please be mindful that Bitcoin is on the verge of breakout of its continuation pattern to the downside, so manage your risks well!
Happy Sniping!
$DYDX will leave you behind scratching your head.FIFTH EXAMPLE!
I wasn't going to give more examples of what Altcoins to look for, but this one is a good one and I couldn't help but share it.
$DYDX
Looking for Targets of $8 within a few weeks/months.
KEEP AN EYE ON THIS ONE!
My DCA is $1.55
I have no SL, This is SPOT!
Try and buy before the Darvas Box accumulation breaks outs.
All this depends on $BTC and the continuation of the market. but select coins (Such as this) might not even care about the Bitcoin Market once they move big.
DYDX/ USDT Ida and forecastDYDXUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
DYDX price at a critical point, then "make it or break it"The DYDX price is now at a critical point
On the one hand, the DYDXUSDT price is at the bottom of the trade that lasts for the last 6 months
This price gives a good entry point for a medium-term trade +130% to $2.72 or a long-term trade +480% to $6.84
Stop for both positions below $1. The profit/loss ratio is more than adequate.
What part of the deposit to buy DYDX, for the medium or long term and whether it is worth buying at all depends only on you and a little more on the market)
This was the positive side of our analysis .
On the other hand , the trend of DYDXUSDT will change only after the price consolidates above $2.72. And this may not happen, because on 17.01.23, 5.7 million coins are to be sold, which will be 0.57% of the maximum possible supply of DYDX and +4% to the current number of coins in circulation.
And from February 2023, investors, consultants, and other early participants of the project will acquire ownership of DYDX, and we are talking about 100+ million coins
The increased supply of coins on the market, according to the law of supply and demand , can significantly push the price down.
The closer the DYDXUSDT price will approach $1, the higher will be the chance that the fall to $0.58 will not be avoided, and with it the development of the red scenario.
For some, this will sound like a total negative, and for others as a chance to buy at a more favorable price.
Earlier, in early November 2022, the price of DYDXUSDT showed a sharp increase from $1.20 to $2.72 in a week. During this period, there was a lot of negativity around the FTX exchange and its subsequent bankruptcy. It is very likely that then crypto users transferred assets from centralized crypto exchanges to decentralized DYDX.
It is difficult to predict what will happen this time, but the only thing we can control in the crypto market is the risks we are willing to take on a personal deposit.
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DYDX - Fear before unlockBINANCE:DYDXUSDT
DYDX and upcoming 15% total supply unlock.
Psychology of retail investors always the same! Now everyone see the unlock date and ready to sell their coins because majority think in a same day all funds drop the price. But usually it works in opposite way.
To sell big amount of coins funds and earlier investors need liquidity, so they will sell it step by step.
Now ill not be impress if we will see some big media posts about DYDX and future of this DEX. So after
over 250 days in a range everyone who want it accumulate a lot.
Possible Targets and explanation idea
➡️By ADZ big players accumulate a lot on Weekly timeframe and we can see huge divergency.
➡️ Long time period accumulation in a range.
➡️We got FVG on monthly timeframe in red block zone (full fill will be exactly at 0.23 level by FIb)
➡️We trade in a range exactly at -0.27 zone
➡️3rd Feb day of 15% unlock. But we hypothetically can see moves where funds start sell at 4, 6, 10$ in 3 waves
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
Based on our previous analysis on January 8, we expected a rise will happen in the coming days and presently we see the precise prediction of our team. Here we have R1 as the resistance area that expresses the price was not able to rise at different points. S1 used to be another resistance area. And at the bottom of the chart, S2 and S3 are our support areas which include the well support of price at several points. Hence, we have the price fluctuating below R1 and we expect it to have some rising signs and increase would be there for the price up to R1 or above that. Also, if the price loses the support at R1 or at its current point, a decline will be there for it to reach lower amounts such as S2. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
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/ USDT Idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
In this chart, R1 is our resistance area in which the unsuccessful triumphs of price is obvious. R2 used to be a support area. And S1 and S2 are the support areas that contain the well support of price at various points. Presently, we observe the fluctuation of price below R1 after a recovery trend and our expectation would include a rise to move over this area toward R2; as it used to behave in its past trend which is seen by the white lines in a rising trend. Then there would be more rise via some rising signs and surely the price would face a rise up to higher amounts above R2. Or it happens that the price would not be supported and starts a decline downward. Please bear in mind that you need multiple pieces of information which you would obtain from our updates and analyses.
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