Breakout?DYDX has strong support at the $2 level and is currently attempting to break out of its short-term downtrend. If this breakout is confirmed with increased trading volume, price targets of $2.14 and $2.20 are achievable.by MonoCoinSignal9
DYDX 4hDYDX gave a very good profit like the other 30+ coins Trading is not difficult, the main thing is to understand what an imbalance is, an order block and have an understanding of the direction of the trendby CryptoVision2
DYDX LongWe are waiting for a breakout on the 4h timeframe from this wedge on DYDX. A few alts are showing this behaviour and we'll look closely at their pa if they make a lower local low, it could be the perfect entry. Regardless, we are looking to swing trade DYDX to the 2.7$ level minimum. The closer we are to 1.7 the easier it is to strategise and minimise risk/losses. Keep a close eye. Longby SynergyTradingSetupsUpdated 16
📈Daily Cryptomarket Analysis : DYDX Trading Strategies 🛎🪄🔍Let’s dive into today’s analysis. Yesterday, Bitcoin had another upward movement, reaching as high as 72,000 but failing to stabilize above that range. It is currently resting around the 71,000 mark. Besides Bitcoin, Ethereum also saw significant growth, pumping 18% due to rumors of an Ethereum ETF approval. Several altcoins related to the Ethereum blockchain also saw a surge, including UNI, which I analyzed previously. I’ll include the link to that analysis in the description for those interested. 💵Today, we’ll analyze DYDX, a coin I’ve covered twice before. The first time was for a spot trade, which hit the stop-loss, and the second time was for futures. In that analysis, I mentioned that if DYDX faked a support break and re-entered the box, we could expect an upward movement. I’ll include the link to that analysis in the description as well. 🔄The previous trigger for DYDX was a short-term resistance at 2.075, which was activated yesterday but didn’t generate much momentum. Currently, there is no resistance until 2.302, and DYDX could move towards that level. However, given Bitcoin’s dominance and current consolidation, other altcoins are also likely to rest. 📈The next long trigger for DYDX is at 2.302. However, be aware that the main resistance is at 2.433, and the price might get rejected there. So, if you plan to open a position after breaking 2.302, volume confirmation is crucial. RSI entering the overbought zone increases the probability that the 2.433 resistance will also be broken. In this scenario, you don’t need to scalp and close quickly but can hold your position for higher targets like 2.815. 💣If the market turns bearish again and you want to open a short position, the 2.075 level can be a good trigger, but only if it’s tested multiple times. This helps establish a reliable trigger point. Note that the 2.075 level was a trendline break trigger and now acts as resistance rather than support. Ensure the price tests this level multiple times to confirm it as a short-term support before relying on it. 🧩The main short trigger is at 1.935, but keep in mind that this support has been faked once before. I prefer to wait for another test to establish its precise level. 📝To summarize, Bitcoin and Ethereum have shown significant recent movements, impacting related altcoins like DYDX. While Bitcoin rests, other altcoins may also consolidate. For DYDX, watch the 2.302 level for a potential long entry, but ensure volume confirmation and RSI conditions before holding for higher targets. For short positions, the 2.075 and 1.935 levels are crucial, but multiple tests are needed for reliability. Always approach trades with thorough analysis and be prepared for market fluctuations. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.by itsparham96338
DYDX USDT.PDYDX LEV 10 cros ENTRY 2.050 STOP 1.985 signal daraye risk mibashadLong00:29by Soheilnaderi_crypto7
DYDX : TRADE📊Analysis by AhmadArz: --- SELL 🔍Entry: 1.957 🛑Stop Loss: 1.984 🎯Take Profit: 1.942 - 1.917 - 1.893 ---BUY 🔍Entry: 1.889 🛑Stop Loss: 1.848 🎯Take Profit: 1.926 - 1.962 - 2 - 2.042 🔗"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!by ahmadarzUpdated 4
#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 3.07Longby CryptoAnalystSignal118
📈Strategic Insights on DYDX Movements🔔🔍Yesterday, Bitcoin was rejected at the 63,200 resistance level and remains within its trading box, potentially heading towards the bottom. As Bitcoin dominance continues to rise, altcoins have suffered more, with many breaking through their support levels and continuing to decline. One such altcoin is DYDX, a DeFi token that allows users to open long or short futures positions with leverage in a decentralized environment. This appeals to those concerned about the security of their assets and who do not trust centralized exchanges. ⏳Previously, I provided a spot market analysis for DYDX. Since then, the stop-loss has been triggered, and the trade ended in a loss. However, as emphasized repeatedly, proper risk management should minimize your losses. At worst, you should only be down 0.5-1% of your capital, which should be manageable given the risk coverage from other recommendations (such as TON). With this in mind, let's analyze DYDX in the 4-hour timeframe and identify trading triggers for futures positions. 📉The chart clearly shows a downtrend, suggesting that short positions are more favorable. The trigger for a short position was at 1.951, which has now been activated. The price is likely to move towards the target of 1.794. Based on this, you can either enter a short position with the current candle or drop down to a 15-minute timeframe to find a more precise short trigger. ⚡️If you have an existing short position from higher levels, it is recommended to hold it until you observe a reversal candle or signs of trend weakness. The initial target is 1.794, but considering the move from the 0.382 Fibonacci retracement, the price could potentially reach the 1 Fibonacci extension level at 1.529, which coincides with a significant support level. 📊Given the downtrend and increasing volume in red candles, along with the RSI losing support at 31.71, we could see a sharp bearish move in the coming hours. However, the market is unpredictable, and the trend could reverse, pushing the price back into the box. If this happens, it indicates strong buying pressure and could drive the price higher. 📈If the downtrend is invalidated and the price stabilizes above 2.032, it may be a signal to enter a long position, as this would indicate a fakeout of the bearish move and introduce bullish momentum. A more reliable long trigger would be at 2.433. Until the downtrend changes, any long positions should be taken with lower risk and closed quickly to lock in profits. 📝In summary, DYDX presents a clear short opportunity given the current downtrend and bearish indicators. The target for the short position is 1.794, with a potential extension to 1.529. If the market reverses and stabilizes above 2.032, a cautious long position may be warranted, with a more secure trigger at 2.433. Proper risk management and monitoring of market conditions are essential for successful trading in these volatile conditions. 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2Shortby itsparham967
DYDX Gaining Momentum to Leave Descending Channel? 👀🚀 💎Paradisers, #DYDX is navigating a descending channel, poised for a potential breakout. 💎When it breaks from the channel, we'll observe a retest to confirm the move before executing our strategies. This retest is vital as it verifies the bullish momentum. If #dYdX secures the support at $1.85 and ascends then our sights are set on the resistance zone we've identified ahead. 💎However, if #DYDXUSDT fails to sustain this support and reenters the channel, it will signify a softening of the bullish trend. Under this scenario, the price might descend to the next crucial support level at $1.59. 💎Historically, CRYPTOCAP:DYDX has demonstrated a strong capacity to rally from this point. Should this resilience continue, we may witness a vigorous rebound. Nonetheless, a clear break below this support would alter our bullish stance, pointing towards a potential bearish shift. MyCryptoParadise iFeel the successLongby MyCryptoParadise_Simon1112
dYdX Founder Steps Down as CEO of the Decentralized ExchangeAntonio Juliano, the founder of dYdX Trading Inc., has stepped down as CEO of the decentralized derivatives exchange. The change was not sudden to the internal team, employees, or stakeholders, but had been in discussion. Juliano stated that the SEC has not taken action against dYdX Trading and that he is not expecting a Wells notice. Juliano had experienced a rollercoaster of emotions since writing the original dYdX whitepaper in 2017, but now feels personally satisfied and realizes he doesn't have to run his own company. Ivo Crnkovic-Rubsamen, Juliano's longtime friend and partner in running the company, is ready to take over as CEO. Juliano will transition to Chairman and President and will continue to drive major decisions and strategy. He remains excited for the opportunity that DeFi will become the dominant way crypto is used, and derivatives will play a large part in that. Technical Outlook The price of CRYPTOCAP:DYDX remains flat following the announcement, currently trading for $1.984 down 1.2% with a Relative Strength Index (RSI) of 36 which is slightly oversold. CRYPTOCAP:DYDX has been in a consolidation phase since the 2nd week of April a possible trend reversal could occur if the new CEO takes the firm to the next level.by DEXWireNews226
dYdX shortHello, this is my short idea for dYdX. Short target 2,7 usd. Price maybe drop to 0,50 usd, long, summer. Long ATH 6 usd and 12 usd. dYdX is the leading DeFi protocol developer for advanced trading. Trade 67 cryptocurrencies with low fees, deep liquidity, and up to 20× Buying Power. Circulating supply: 558,480,505 DYDX Total supply: 754,030,660 DYDX Market cap: $1,134,365,354 This is financial advice. Shortby df777113
DYDX buy setupWaves C and D that you see on the chart are related to a large diametric pattern DYDX appears to be at the bottom of wave D and is making a reversal pivot By maintaining the green range, it can move towards the targets The least risky range for entering buy/long positions is the optimized range Closing an hourly candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank Youby behdarkUpdated 2217
DYDX - Lost Case? Time to JUMP SHIP?👎🤔DYDX-USDT🤔 We've lost a key neckline support and until we can close ABOVE this zone again, I'd say the price is still bearish for the short term: Against BTC, I'm a little worried - no sign of strength here as the price stayed behind with the recent BTC ATH: To be honest, if the price drops lower than this trendline, I'll lose all hope on this coin: Now, some may argue that this is indeed a good time to BUY - and I cannot argue with that logic. I would, however, just advise to take caution. Reconsider the fundamentals when considering DYDX as a diversified part of your portfolio considering it has not been able to come even close to previous highs - demonstrating that there is an overwhelming amount of sellers vs buyers. _______________________ BINANCE:DYDXUSDT Shortby CryptoCheck-5
DYDXUSDT.P (Short, 5X) DYDXUSDT.P (Short, 5X) Entry: 1) 2.104 2) 2.199 Take-Profit Targets: 1- 2.067 (20% of profit) 2- 2.022 (30% of profit) 3- 1.975 (41% of profit) 4- 1.928 (52% of profit) 5- 1.865 (67%of profit) Stop-Loss: 2.226 Shortby DrHamedS115
Dydx to 8$ or market is wrong :)DYDX looks good here, think the monthly low should be in. I see no reason why this should not push towards 8$ coming weeks - Or market is wrong :) Stay safe!by TV288Updated 2215
DYDX - 1H fallDYDX's price action has breached the daily supportive trendline and concluded its pullback, signaling a strong likelihood of further descent, potentially reaching the $2 level as it enters a downward trajectory. Keep an eye on this space for updates.Shortby Sober_TradingUpdated 8
this is the basic trend lineand by the way, this is the basic trend support line, which if it is broken (which it will be) then we go to 1 usd and you can be happy if we don't go lower than 1 usd !!! the problem is also that the rewards for staking fell during the month from 0.8 usd per year for 1 dydx token to 0.4 usd per token!!! it's almost funny when I see what trendy things people come up with thinking it's right :D embarrassing...Shortby hodorm1
dydx next possible dumpdydx next dump coming (fractal) this description is just gibberish to allow me to publish the basic ideaShortby hodorm1
DYDX Bullish momentumDYDX is looking great on smaller timeframe and it's approaching main trendline on higher timeframe. If it will be strong enough to break above main trendline, i expect a continuation till $2.9 before retracing Longby SaliJournal6
DYDX/USDT Looking BullishTRADE ALERT!DYDX Ticker: DYDX/USDT Entry: 2.20-2.30 Take Profit: 2.6-3-4 Stop Loss: 1.898 Risk to reward: 1:2 TECHNICAL THESIS DYDX Price again try to get above 2.30$ support area.Once we get above this we will look for long. But for that price need to break And then go for retest. After sucessfull retest we will take long .*Longby HUMCRYPTOCLUB7
DYDX LONG IDEA - DYDX TRADING IDEA - DYDXUSDTPERPDYDX Buy zone is $1.35 , $2 for me and I think I will buy from there if it falls. Stay tuned. fibonacci levels are very important. Longby traderlandaUpdated 22
jeffans: DYDXSUDT is ready to next pump as part of 130%+ moveDYDXSUDT is ready to next pump (35%+) as part of 130%+ move, breakout of the trendline completed and confirmed. Longby jeffansUpdated 27
DYDXUSDT Elliott Waves Analysis (Investment Idea)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Everything according plan, we got downward movement in 2.3 - 2$ zone, im already in pos. Closest Targets: 3.3 - 5 - 7.5 - 11 Main(investment) target zone: 10-12$ RR: 1 to 10 Cancellation of setup - decreasing under ~1.1 notes: it's also possible to see 15-17-20$ targets, but for me it's speculative position and i will sell everything by 10-12$ It's not financial advice. DYOR!Longby trytofeelpositive7719