DYDX correction to 5.20$BINANCE:DYDXUSDT
Dydx now underrated. Where ill start buy Dydx again? Where ill take a profit on local correction? And why Dydx can pump to 5.20$?
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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")
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DYDXUSDTPERP
#DYDX/USDT Ready to launch upwards#DYDX
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.37
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.46
First target 1.57
Second target 1.72
Third target 1.89
#DYDX/USDT#DYDX
The price is moving in a downward channel on the 4 -hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.0970
Entry price 1.06
First target 1.15
Second target 1.26
Third target 1.35
#DYDX/USDT#DYDX
The price is moving in an ascending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 0.8500.
Entry price 0.870.
First target 0.913.
Second target 0.967.
Third target 1.02.
#DYDX/USDT#DYDX
The price is moving in a descending channel on the 12-hour frame and is sticking to it greatly and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 0.8000
We have an upward trend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.8886
First target 1.092
Second target 1.320
Third target 1.627
#DYDX/USDT#DYDX
The price has broken the descending channel on the 1-day frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 0.8000.
Entry price 0.880.
First target 1.09.
Second target 1.32.
Third target 1.62.
#DYDX/USDT#DYDX
The price is moving in an ascending channel on the 4-hour frame and is sticking to it very well
We have a bounce from a major support area in green at 0.900
We have an uptrend RSI that has been broken upwards which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 1.02
First target 1.11
Second target 1.20
Third target 1.30
#DYDX/USDT#DYDX
The price is moving within a channel pattern on the 12-hour frame, which is a retracement pattern
We have bounced from a green support area at 1.90
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 2.00
The first goal is 2.20
Second goal 2.36
Third goal 2.56
#DYDX/USDT#DYDX
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a green support area at 1.76 that is expected to be bounced from due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the upside with a downtrend that has been broken
Entry price 2.02
The first goal is 2.34
The second goal is 2.70
Third goal 3.07
#DYDX/USDT#DYDX
The price is moving in a downward channel and it has been broken to the upside
On the 4-hour frame, we have clear upward momentum after some correction occurred
We have support from the Moving Average 100 breakout
Current price 2.77
The first goal is 3.00
Second goal 3.16
Third goal 3.40
DYDXUSDT based on 1h chartHello traders, I am expecting a ranging between the Orange order block which is considered to be Premium zone, and the blue oB...
and then a Liquidation upward, then a dump towards the green zone (2.775 - 2.900)
Trade carefully and always move your SL to Entry Point...
enjoy trading <3
Order block M15 (DYDX)📊Analysis by AhmadArz:
🔍Entry: 2.81
🛑Stop Loss: 2.86
🎯Take Profit: 2.74
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
🔔 DYDX/USDT Analysis 🚀✨ Market sentiment on DYDX/USDT is turning bullish, as the price shows signs of gaining momentum.
📈💫The current market structure suggests a potential 2x bullish move in the upcoming days, creating an exciting opportunity for traders and investors! 🚀💰
❗️Disclaimer: Remember, this is not financial advice! Always do your own research (DYOR) and make informed decisions.
🔍💡Keep a close eye on the DYDX/USDT pair and stay tuned for further updates! 🚀📊
DYDX HTF IdeaOne of my favourite assets as it respects my strategies very well. I could be completely wrong with this one and as usual I'm playing level by level.
The substructure is very difficult to outline for now, but I'm watching 4h and daily charts in the interim areas marked on the chart for potential internal trend reversals. I'm aware of the bullish scenarios, but this makes the most sense to me. It'll be a fun ride if the lower levels come on time.
DYDX Token UnlocksTechnical analysis :
DYDX near channel up support level at 2.953, if this support able to hold bearish movement, bullish target at 3.611
But if it break down, bearish will reach 2.511 or maximum target at major support at 2.062
Fundamental analysis :
DYDX already unlocked 34.2% supply and will unlock $101.67M or 12.35% supply tomorrow.
Mostly unlocking large quantity supply will create short term dump.
"CFX/USDT Long Setup: Bullish Breakout from Falling Wedge PatterTrade Setup for #DYDX/USDT: Long Position
Analysis:
DYDX has broken out of a falling wedge pattern, indicating a potential upward trend.
The current price (CMP) serves as the entry point.
The breakout is being retested, suggesting a potential confirmation of the bullish move.
Entry Point: Current Market Price (CMP)
Additional Positions: Consider adding more if the price drops to $2.870
Targets:
$3.4
$3.9
$4.35
$5.2
$5,8
Stop Loss (SL):
Set the Stop Loss at $2.825 to limit potential losses.
Leverage:
Use leverage cautiously: 5x to 10x.
DYOR