DYDXUSDT
PAIR TRADING?I just love this setup with DYDX being genuinely a good project with nice catalysts under way (Investigations in the US, Cosmos ecosystem migration, etc.) vs PYR who is just overchilled by CT influencoooors
At this point I need to ask myself : who is still to buy PYR after all the shilling ? I surely don't want to be the last
Cheers
DYDXUSDTPERP - Tool review.A trading range is formed on the chart with the boundaries 1.007 - 2.72.
When the price repeatedly approached the upper boundary, the breakout of the local maximum did not take place. For the given period of time accumulation is in the final phase. In this phase for the transition to the impulsive upward movement it is necessary that the price would break the local maximum and consolidate above it. In the presence of the SOS signal and BU/LPS will be a confirmation of a successful accumulation. In the absence of these signals we expect a further decline in price, to the middle of the range the second target is the lower boundary of support.
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DYDXUSDT (dydx) Daily tf Range Updated till 13-11-22DYDXUSDT (dydx) Daily timeframe range. there are some good amount of retail interest in here and their volumes. we can see lots of out of places moves for that. the alt that moves got more options of profits. its still in its new low area, being stable can help it progress further as their are lots of room for it.
It crossed the $2 resistance!DYDX has rallied more than 25% today, with the currency breaking through the $2 resistance. As you can see, the price trend in the daily time frame is the range, and its fluctuation range is considered between the resistance of 2.7 and the support of $1. The high buying pressure during the past few days can signify the price leaving the range trend and changing upward. Therefore, to break the ceiling of the range channel, it is very important to maintain the support of $2. There is also the potential for forming a double bottom pattern in the weekly time frame. Therefore, breaking the resistance of $2.7 and stabilizing the high price of this area can confirm the pattern and continue moving up to the resistance of $6. For the short term, the important resistance of $3 can prevent price growth while continuing the short-term price path. Therefore, in this range, there is a possibility that the trend will suffer in lower time frames.
DYDXUSDTHello Dear friends
We do not say that this scenario will definitely be implemented (:
In the most optimistic case, there is a possibility of reaction to the yellow range ($1,095).
Only if the above scenario is considered valid for us, the moving trend succeeds in breaking the short-term downward trend line and stabilization and pullback to this level.
We would be happy to hear your comments
DYDXUSDT Analysis (midterm vision)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 3 - 4 and maybe 5
after first target reached move ur stop to breakeven
Stop: under 1 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
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