Get started

DIA / TetherUS PERPETUAL CONTRACT

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

DIAUSDT.P trade ideas

Tracking DIA, 2 good roads & potential to be the next LINK/BAND?In my continuing series tracking DIA the last post I proposed after calling the bottom for DIA’s tumble that due to odd large order volumes it seemed that DIA was likely being corralled into a range that would form out to be an upward wedge that wouldn’t resolve itself format least another 3 days. Yet I admit here I was quite conservative, and the past day has shown a strong break upwards out of that channel and past the restrictive .786(1.135) Fib and up to 1.5, an area strong with volume support from the past few months. This action to me at least demonstrates a rejection of DIA being corralled into lower channels and prices sub 1.25 and keen to join a much large channel formed all the way back from the first crash in Oct. (A crash from 4$ I consider to be largely from over bullish hype on a new project that wasn’t sustainable, not a perceived loss of value in the coin and project). If Bitcoin and other cryptos don’t continue their near parabolic movements as seen this past month and either trend sideways or slowly march up I can see DIA sticking into this formed channel in what I call Scenario B. This scenario is less exciting but it provides a good set of bounds and range to trade the coin back and forth in over the coming months until likely some external event forces a much deserved Breakout. Scenario A is what the rabid HODLers on DIA’s Telegram hope for. When not sending barrages of questions at the poor community support staff asking why Binance and Kucoin have yet to deliver their Airdrops then yearn for a 2$+ price tag, Scenario A. Scenario A isn’t about reaching 2$ but about breaking above that strong top resistance line drawing back to April. In Both Scenarios which I see not too far off DIA makes 2$ but a breakout in Scenario A would really need to get above the 0.5(2.21$) Fibb to convince me to already double down on my bags. There is no chart voodoo magic going on, just fibs and simple support and resistances drawn on 4hr charts and projected her onto 1D charts. Overall if you are uncertain about adding now as of writing at 1.52~ I think either loading up at 1.385 if we get another bad day or waiting for confirmation of it breaking the .618 Fib is totally reasonable. Its sorta smack in between the two and on the Fib Bollinger bands seems tepid to either return to central moving average or the first channel. Long story short: Long term DIA has carved a nice channel to move up from, but it certainly has all the elements it needs to shoot up like a rocket as people look for the next big oracle data linking project, ALA: LINK or BAND. People always want the next big thing and the newest tokens right now flying around the DEFI space all seem to be oriented around lending, margin, collaterals and other schemes to make your one token act as if it is two or three. Only a few will survive, DIA has a great use case and unique approach, and with enough eyes on and a big breakout move could garner lots of fresh cash coming in and bring us back to ATH’s before the middle of this year.
Long
by rustygeeart
Sledding candles and a dream delayed.Earlier this week I published a chart projecting DIA to slide to $1.25 and $1.15 at the very low end after it broke an multiday support channel. This wasn't all that revolutionary as the Fib Fan and the Fib BBs I used aligned on a older support line. I despite predicting this lamented when it struck this bottom channel, as someone who hold a large bag of DIA personally As of now because Binance has kicked me off, finding out have been trading from America with future. Bbeen forced to move my DIA tokens to an effective cold wallet, where if I want to trade I have to eat high ETH transfer fees as I negotiate with Uniswap or any other Token exchange. All in all it has left me a helpless passenger on a treacherous chart for a project I simultaneously believe in and also could see crash below a dollar a token. Just 1hr ago in what seemed like a single 5m candle DIA rejected staying above the 0.618 fib at 1.413 and decided it was going to go off Niagara falls barrel style into the lower 0.79 fib at 1.3~~. DIA doing so with a unreal spike of volume not seen since 5 days ago. Could it be that someone is keeping the price down low to load up more before this become another moon token the rabid TV Crypto fawns over or someone seeing an ideal time to dump and exit the equivalent of over $750k. That I do not know but it seems to cement DIA into a rising wedge formed by this new bounce and the 0.618 Fib. I well and truly though before this monster of a candle DIA had a good chance of a clean breakout to 2$ near term but these 30s of live action candle violence dissuade me from thinking that a stable upward march like what is seen on Link in the past few days is anything but possible. I am net neutral but watching closely as my wallet doesn't really have a form of stop loss exchange setup.
by rustygeeart
1
DIA 1.25 Likely in the cards short termWell looks like DIA failed a breakout earlier above 1.7$. This Project has a excellent team of people behind it and a great directive and goal I have quite a bit myself though purchased at 3$, 1.5$ and 1.3$. But it unfortunately seems to want to torture us bagholders a little longer and flirt with the bottom supports confirmed by multiple types of fibs. Because of sky high ETH fees and my inability to access DIA on a regular exchange (USA resident) its not quite worth it for me to sell and rebuy but I am watching closely. Hopefully this is a blip and we can see it march higher in line with the other cryptos out there. The biggest fear on this project because it is so open sourced community based is the community loosing interest, its seen a slowdown of recent tickets being closed after a flurry of activity months ago. Yet new partnerships are announced multiple times a week, at least from the centralized foundation. I believe DIA has a lot of room to go if it gets the attention it deserves and perhaps 1.25 might be the lowest it might be all year. Lets see how the next 12hrs play out.
Short
by rustygeeart
3
DFT H4 - DIA derisked for medium term long positionDIA is finally derisked for medium term. Will wait a last pull back before entering for cross validation but you can start to buy the next dips. -Short term is still ranging. -Medium term is building up its bullish momentum. -Relative volume is increasing. h4 mapping of the price, we map, forecast not predict in Multi UT analysis ;) gl ////// FFT - STRAT ////// Some rules to understand the form of the strategy: (Can answer to your question about the content of DFT strategy :) ) - shade of red trends = primary (the black one are secondary trends) - Redish trends is primary as medium investors are arbitring short/long term investors decisions. Div: Trend vs demand/supply -Ascending trends with red cloud is most likely tested twice before break up. -Descending trends with green cloud is most likely tested twice before break up. Conv: Trend vs demand/supply -Ascending trends with green cloud doesn't need retest to break up. -Descending trends with red cloud doesn't need retest to break down. -MA follows Geometrical expension 2^n (32 128 512) to match snowball market effect and have a linear scale btw sampling and TF. red cloud = supply area (Ma max negative deviation) + Cloud cluster = sell wall (cluster of MTF deviation) green cloud = demand area (MA max postive deviation) + cloud cluster = buy wall (cluster of MTF deviation) node = lowest uncertainty point & supply=demand (no deviation)
Long
by Mr_Gesier
1