DYDXUSDT
💡Don't miss the great buy opportunity in DYDXUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (6.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DYDXUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 35
Take Profits:
TP1= @ 8.519
TP2= @ 8.995
TP3= @ 10.725
TP4= @ 12.978
TP5= @ 14.256
TP6= @ 16.555
TP7= @ 20.568
SL= Break below S4.8
DYDXUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
If, after breaking through 10$ on retest, this level show strong, then in the medium term our goals will be 15$ and 20$, if not, then we will go to update the local bottom to the 5$ area.
Entry: market and lower
TP short term: 10 and 12
after first target reached move ur stop to breakeven
Stop: under 7 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price has been able to break its resistance line which is acting as the support line now. We expect it to make a pullback to the support line and then continue going up. If it stabilizes below the support line, then there will be more falling which is less likely but you need to keep that in mind as a possibility.
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 moving bullish after long timeDYDX seems to bottom out. It closed bullish in weekly chart after 11 weeks. It closed bullish on daily chart as well and even made a break from the smaller falling wedge (red dotted line). The price is now trading above 13 and 20 MA and closing the gap to larger falling wedge – break above would trigger very bullish move (yellow dotted line). DYDX has lots of potential on the upside. My targets; TP1 $11.5, TP2 $15, TP3 19.2, TP4 $23.6; SL under 7.1 - small chance.
DYDX - #DYDX $DYDXDear friend
I checked it in the multi-timeframe.
The price has in pullback and exists another support zone 8.1-8.3.
I think it can go up from these areas and could take 20-40% profit.
Resistances are clear.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
#DYDXBUSDDYDX after days going down now broken the down trend line and enter on a positive trend line.
DYDX has done a nice breakout, Next target is 10$!DYDX Short term Update
DYDX is a high potential coin in crypto environment as you know, This coin rejected perfectly from 7.211$ zone.
A breakout of descending trend line and static support zone was a good sign for end of this long correction.
This coin is out of its descending channel now, And this is perfect.
Some range movements above current support area(Blue area) is expected and then the first TP for this coin can be 10$.