DYDX correction to 5.20$BINANCE:DYDXUSDT
Dydx now underrated. Where ill start buy Dydx again? Where ill take a profit on local correction? And why Dydx can pump to 5.20$?
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️Fib since drop in April.
➡️Perfect call to sell by "Trade On" indicator
➡️Accumulation phase between -0.18 and -0.618 levels
➡️Forming lower low in June and took liquidity. Correction to drop can be at least to 0.5 level by fib 5.20$
➡️2 signals Strong Buy in May and June
➡️Rejected at "Take profit" line. If we capitulate one more time we can drop to 1.05 (now its a "Buy line")
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.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
DYDXUSDT
end of the DYDX uptrend is herehi . I hope you are fine .
I think we have a diagonal for this move up that we have now in wave e. Time rules are true for this Qatar. We have a supply zone that I think is the end of the current uptrend. The high resistance of the price channel also passes through this area. Do not forget to stop and manage capital
Comment if you have any questions
Thank You
DYDX – perfect setup!Hello, everyone!
Let’s continue analyze altcoins. Today I found for you the asset with the perfect Elliott waves formation. I will show you evidences that this formation is valid, thus we can be confident in potential trade setup.
On the 4h timeframe DYDXUSDT chart we can see the clear picture of 5-wave Elliott formation. Wave 1 had the price correction exactly to 0.61 Fibonacci retracement zone, after that the wave 3 was extended and was finished at 2.61 Fibonacci extension. Taking into account wave 2 have been ended at 0.61, wave 4 have to be finished at 0.38, that was the case. Wave 5 finished at 0.61 Fibonacci extension in conjunction with the divergence created the condition for whole Elliott wave cycle end.
Now DYDX is in correction ABC. Wave A have been already ended and wave B is forming. 0.61 Fibonacci retracement is the target for the wave B ($1.50). After that we can wait for the wave C. The target area for wave C and whole ABC correction is the 0.618 from the 5-waves cycle. I am going to enter long position at $1.35.
Best regards, Ivan
________________________
Guys, if you like my trading ideas, please support me with your boosts and comments!
🔥🚀$1.80 is a min target for long on DYDXHi, friends! Put on the watchlist this altcoin because the huge breakout might happen soon. Now the price consolidating below the key level of $1.58 and i think will be broken up soon.
📊 Preconditions to open a long:
🔥 squeeze to the $1.58 key level
🔥 huge whales BUY orders which support the price and don't let it fall down. I check it by using DOM and Footprint scalping tools.
🔥 bullish BTC
🚩 I highly recommend to pay your attention to the false breakout when the price reach the first closest value area. I will book 100% of profit if the false breakout happen and try to find the best entry point, of course.
✅ My targets for DYDX:
1. $1.79-1.85 - the closest resistance and value area
2. $1.98-2.13 - the important value area and even number
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
DYDXUSDT - Flag Pattern DYDXUSDT (4h Chart) Technical analysis
DYDXUSDT (4h Chart) Currently trading at $1.465
Buy level: Above $1.47
Stop loss: Below $1.4
TP1:$1.495
TP2: $1.57
TP3: $1.64
TP4: $1.75
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
DYDX PUMP Imminent...The DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom.
The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22.
At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars.
- But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70
- The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again.
- Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD
Trading is fun, don't lose money trying to make money. Invest Wisely and Responsibly..
Traders with $1000 and above can send me a message for 15% profit within two weeks..
400% growth DYDX price is real, but there are several conditionsThe DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom.
The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22.
At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars.
- But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70
- The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again.
- Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
$DYDX - Bulls breaking FALLING WEDGEHello my Fellow TraderZ,
Few days ago I made an analysis on $DYDX ranging inside Descending Channel Pattern on 4 HTF.
Although price gave a Fakeout and create a Double Bottom and again came back inside the channel and breaking upward of the channel.
BULLISH DIVERGENCE is still valid + Price is trying to come above the EMA 55 on 4 HTF + Breakout Volume is Pretty good enough.
Also look on DTF, #DYDX is forming a FALLING WEDGE Pattern which is generally Bullish in nature. For strong confirmation look for the daily close above the Wedge and the Resistance area of $1.30.
TP 1 : $1.41
TP2 : $1.52
SL : according to your own R:R
Note : never underestimate #BITCOIN which could ruin the Party.
Happy Trading Fam. CHEERS!!!