DYDX goin BULL🤑🤑🤑Another altcoin making its move
But be always be sure to wait for a retest, for every trade you take.
Remember your risk management. Finally Goodluck in your trade.
DYDXUSDT.PS trade ideas
Potential trade setup for dydxusdt...From Elliott perspective you always no for sure if there is money to be make in the market. This chart present a possible trade setup for dydxusdt on the short time. The Fibonacci clusters is around the $16.00 usd thus offering a possible zone for reversal trade setup. Trade with caution and dont forget to leave a thumps up if u like and appreciate this simple trade setup.
falling triangleIn a 4-hour time frame, it forms a falling triangle. Due to the possible reduction in the price of Bitcoin, it is offered to buy in the range of 618 corrections and specified points
$DYDX UPDATE The $DYDX pump gonna be super huge. Are you ready?
If you didn't enter yet, then enter between $22.4 and $22.2. S/L : $21.7
technical analysis DYDXUSDTThe price is converging in a triangle. According to Elliott waves, the price also enters a bullish wave after the break. This currency has a good growth potential and the targets are shown in the analysis.
10/14/21 DYDX LongStarting a longer term position in DYDX (one of the most liquid, leading decentralized exchanges)
Traded up on the news that Binance was banning/placing more restrictions on China , makes me think that users will move to other platforms, trading on a decentralized exchange is probably going to be a good option in the future when more restrictions/regulation happens.
Although that move got faded, it's still trading in a nice price range right now between 25.057 resistance and 22.216 support.
The DYDX decentralized exchange platform is built on Layer 2 ZK-Rollup technology based on the Ethereum blockchain , which give it the security of Ethereum smart contracts combined with no gas fees for users while trading their cross-margined Crypto Perpetual Futures Contracts. Great that this can solve many of the problems for users in crypto restricted regions by moving their trading volume to a DEX that has good security and privacy. Standard Spot and Margin crypto markets are also still accessible on their L1 ETH based protocol. Backed by global institutional investors such as venture capitalist Paradigm among other angel investors and leading funds.
I see that it has good room for growth in the future not only based on their fundamentals, but also that the technical setup of their chart also looks great, which makes me very interested in a larger long term position.
Sample Trade Plan:
1- 3 Month Target: @ 30.047 (+35% profit from 22.216 starter)
Resistance: @ 25.057 (+13% profit from 22.216 starter)
Support: @ 22.216 (starter on position with room to add up to 21.092 support below)
Bottom Range Support: @ 21.092 (-4.6% drawdown from 22.216)
If trading on short term leverage up to 25.057 resistance, will have more than made back the capital spent, and can switch to spot/lower leverage to hold position long term comfortably above that 30 target.
Short term profits funding long term position.
TL;DR Basically cool project + Technicals look good + Scalable L2 will be compatible with new crypto innovations in the future -> Interest me in taking a long term position along with ETH for some diversity in DeFi exchanges
DYDX Long Trade Idea on Daily Chart
Bullish DYDX/USDT !DYDX after making a fake break touched channel's mid line and now it's ready for another pump !
DYDX bullish continuationHello, I've been waiting for DYDX for several days.
I think it will go up, with this triangle continuation pattern
DYDX Target $30-32
DYDXUSDT - Scalp 15 minDYDXUSDT - Scalp 15 min
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DYDX/USDT GOING UPDydx/Usdt going up what do U say let me know in the comment..........,..........UP or Down
DYDX will increase soonall things is abvious and if you know about gann fan and trend lines, you will realize that price will increase soon and may touch previous ath price to test new all time high.
#DYDXUSDTPERPEyes on DYDX
It can break the triangle and go to ATH
JUST need volume !!
Patience is the key
DYDX/USDTwith what we have right now i am projecting a $37 target for the assumed next wave
possible it comes down to $20 before the run begins to retest the previous channel, in confluence with the 0.382 algo target.
DYDX/USDT: Critical Area for Rebound?DYDX/USDT has been holding it's ground so far. But for how long?
After touching the $25 zone it retraced quickly towards the $21 region.
Heavy resistance around $22.275 $22.46 region. It it breaks that we cud see DYDX head to reclaim the $23 and beyond ones.
The Blue region on the chart looks like it toughest demand zone for now. If it lose that; we are headed to test the trendline of what looks to be forming like a Falling wedge.
Other Indication on VOLUME:
On Balance Volume at the bottom of the chartshows an ascending movement. Which could be VOLUME building up. But again; it should maintain the upwards trajectory for a breakout to give us more confirmation on DYDX breakout.
2 Possible scenarios: On a 4H TF
1) Either we get enough momentum to rebound from the Blue zone
2) Or we look for a rebound off the falling wedge trendline.
P.S.: New York / US Brink session will help decide the fate of the reversal for DYDX if any major momentum has to be looked for.
Do share and happy to hear any feedbacks or suggestions.
Stay Safe. And happy trading!
dYdX (DYDX): Bull Flag!After a consolidation period (>1 week), DYDY has formed a valid flag pattern—bullish continuation with price action trading within a very tight range. I therefore expect a strong price move higher in the next couple of days.
Enter at the bottom of the flag or when the price breaks out above the consolidation pattern on high volume.
-If you agree with this, like and share.
Best of luck!
Cheers.
DYDX Long Risky İdea HSH on 1h pattern just quickly want to share.. if it retest neckline 23.4 enter make %2 stop
