DYDX 4h Bullish signal DYDX in a good place for buy in spot trading . if you wanna trade it futures please manage your risk in low lev and low vol . good luck
DYDXUSDT.PS trade ideas
DYDXUSDT 4H - BUY ZONE CAUTIONDYDXUSDT 4H - BUY ZONE CAUTION
DYDX is in a complex area that must be resolved soon:
LOWS at 0.80 that have built a SUPPORT ZONE.
DECLINING DYNAMIC RESISTANCES with decreasing Highs.
In these situations only 2 things can happen:
1. We break the resistance and begin to develop a bullish price structure WITH increasingly higher HIGHS and LOWS.
2. We fail to break the dynamic resistance and look for new lows below the SL. Below 0.80 we would be out of value until new buy signals.
LEVELS:
SL: 0.78
TP1: 1.228
TP2: 1.472
TP3·: 1.874
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I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
DreamAnalysis | DYDXUSDT Breaking the Last Support ?👋 Welcome back to your favorite channel, DreamAnalysis! Today, we're diving deep into one of the major utility coins in the crypto space, DYDX, and evaluating its future potential.
🔍 What is dYdX? dYdX is a decentralized exchange (DEX) platform that specializes in advanced financial derivatives, margin trading, and spot trading. Built on Ethereum, it offers users the ability to trade perpetual contracts, engage in margin trading, and even participate in lending and borrowing. Unlike simpler DEXs, which only provide token swaps, dYdX offers more complex services in the decentralized finance (DeFi) space.
📊 Weekly Timeframe Analysis:
In the weekly timeframe, DYDX has reached its final major support level, and if this level is lost, we could witness a significant drop. If you're holding this coin, I recommend exiting your positions below this key support of 0.8396.
The current weekly candle is an engulfing candle, indicating strong selling pressure. It has engulfed several prior candles, suppressing buyers, and comes with significant selling volume.
I wouldn’t consider buying this coin again until it breaks the daily resistance at 1.1266. Right now, I’m focusing on other projects with more bullish potential.
📈 Daily Timeframe Analysis:
On the daily timeframe, we are also testing the last significant support. According to Dow Theory, the fact that we have set a lower high indicates increasing selling pressure.
Given that this is the final support level, we can calculate potential downside targets using Fibonacci retracement. If DYDX breaks the 0.8396 support, the next targets are: 0.6726 ,
0.5609
⏳ 4-Hour Timeframe Analysis
In the 4-hour timeframe, the dominance of sellers is obvious, as shown by the large red candles and the failure to reach the 1.2269 resistance level, followed by a sharp drop to the current key support.
📉 Short Position:
Before opening a short position, it’s better to wait for a minor pullback and a lower high to set a better stop-loss point. However, if 0.8261 is broken, I’ll consider opening a short position.
📈 Long Position:
At the moment, there are better coins to consider for long positions, such as SUI and FTM. DYDX is not currently in my long position strategy.
💬 This wraps up today’s analysis. If you found this helpful, feel free to share it with your friends and leave a comment with your thoughts or any other pairs or coins you’d like us to analyze.
📌 These analyses are merely our ideas based on a chart that doesn’t follow strict rules. Technical analysis is an art, and these insights are not financial advice.
DYDXUSDT.1DIn my latest review of the DYDX/USDT daily chart, I observe that DYDX has experienced a notable downtrend that began to reverse recently. The price seems to have formed a baseline support at S2 ($0.8160), where a significant bounce occurred, indicating a potential reversal or stabilization zone.
Currently, the price has breached a descending trendline, suggesting an end to the previous bearish trend. This breach is critical as it could signify a shift in market sentiment from bearish to bullish. The resistance levels at R1 ($1.2354) and R2 ($1.4895) are key points I am monitoring. If DYDX's price can sustain above R1, it would further confirm the bullish momentum, potentially leading to a test of R2.
My technical indicators, including the Stochastic RSI and MACD, support a bullish outlook. The Stochastic RSI is moving towards an overbought condition, which usually warns of a potential retracement or consolidation phase, but in the context of a trend reversal, it might also imply strengthening momentum. The MACD histogram shows increasing bullish momentum as the bars progress above the baseline, confirming the increased buying interest.
Given this setup, my trading strategy is to look for buying opportunities on minor pullbacks towards the newly established support at the broken trendline or at S1 ($1.2354), assuming it converts to support in the near term. My objective will be to capitalize on the upward movement towards R2, while setting a stop-loss just below the recent lows around S2 to manage risk effectively.
DYDX LongThe price is currently trading just below its All-Time Low (ATL), which may signal a potential deviation or fake breakdown. This kind of price action can sometimes lead to a recovery if the breakdown does not continue, but it also indicates the possibility that weak hands are selling, potentially driven by fear of further downside.
There are two clear take-profit (TP) levels shown:
- TP1 is around 4.500 USDT.
- TP2 is near 7.500 USDT.
If the deviation proves to be a fake-out and buyers step in, a relief rally could target these key resistance areas. However, as long as the price remains below the ATL, bearish sentiment prevails, and further downside could be expected if sellers continue to dominate.
DYDX: Bearish Structure at Critical JunctureThe bearish structure for DYDX continues as price spikes down from a strong triple bottom. The current weekly candle's close will be crucial:
Close below established bottom: Signals strong downward continuation
Close above: Potential for significant bullish reversal
Patience is key. Wait for candle close before making decisions. Chart shows both downside target and possible upside path.
Like if you find this analysis helpful. Trade safely!
#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 BULLISH LONG IDEASDYDX/USDT shifted its structure into bullish after MSS (marked on the chart). It continued its bullish move and did BOS (also marked on the chart). Price can not go straight up. As we are in bullish trend so we have to look for long oppertunities. By the way I have marked two long areas on the chart. First one is miner demand zone and second is a good swing long oppertunity with DCA of green horizental line.
DYDXUSDTDYDXUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
DYDXUSDT Falling Wedge Breakout!DYDXUSDT Technical analysis update
DYDX price broke the falling wedge resistance line with high volume, we can expect a small retest before a bullish move.
Buy level: $1.00
Resistance 1: $1.22
Resistance 2: $1.45
Resistance 3: $1.80
Regards
Hexa
DYDX Potential Play !DYDX / USDT
DYDX started to show some serious bullish signals
1- Price has returned back to the big accumulation zone again after playing some time in manipulation phase/stoploss phase (red)
2- Downtrend line finally broke-out after 6 months of minor bear market
As long as these signals remain intact I see a big potential for DYDX in the coming bull market
Best of wishes
DYDXUSDT: Trend in weekly time framePlease pay special attention to the accurate trend, and very accurate colored levels
Be careful
BEST
MT
DYDX analysis 1D - Sep 24 2024#DYDX has just broken the mid-term trendline that started in March 2024 and is most probably heading for the higher targets of 1.2 - 1.46 - 1.77 - 2.15.
The setup is ideal for a Spot position and as long as there's no daily close below 0.89 level, this analysis is valid.
DYDX Breaking out 4H1. Falling Channel Pattern:
The chart shows a falling channel, which is characterized by a series of lower highs and lower lows. This pattern is often seen as a bullish reversal setup when the price breaks out to the upside.
The price has broken above the upper boundary of the channel, signaling a potential bullish breakout.
2. Breakout Confirmation:
The breakout is marked clearly near 0.997 USDT, where the price is currently attempting to hold above the resistance level of the channel.
If the price holds above this level, it could trigger a strong upward movement towards higher resistance levels.
3. Key Levels:
Resistance: The immediate resistance level after the breakout appears to be 1.200 USDT, followed by a more significant resistance level at 1.240 USDT. These are likely profit-taking zones or areas where the price could face selling pressure.
Support: The breakout level of 0.997 USDT should now act as support. If the price fails to hold above this level, the breakout could fail, leading to a possible retest of the lower channel.
4. Momentum Indicator:
The momentum indicator (likely MACD or a histogram) at the bottom shows a bullish crossover with the green bars starting to build up. This supports the strength of the breakout and indicates growing buying pressure.
5. Target Areas:
If the price continues to move upward after the breakout, the next target would likely be the 1.200 to 1.240 USDT range. This aligns with previous highs and could serve as a strong resistance zone.
The measured move for the breakout could also project a move toward the top of the channel, which is aligned with the 1.200 USDT target zone.
6. Trade Setup:
For a long position, entering at the breakout level (0.997 USDT) with a stop loss below the breakout zone (around 0.950 USDT) could be a good strategy.
Profit targets: First target around 1.200 USDT, and then if the momentum remains strong, the next target would be 1.240 USDT.
Conclusion:
The chart signals a bullish breakout from a falling channel, and the momentum indicator supports the move. As long as the price holds above the breakout level at 0.997 USDT, the next targets would likely be 1.200 to 1.240 USDT. Keep an eye on price action near these resistance levels to determine whether the breakout will lead to further upside.
#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 Bullish PotentialDYDX Can Have good Potential for long term
Notice: This is not Financial Advice
DYDX/USDT Long position Going long on a 10x leverage. Take profit on the fib levels. For me I’m leaving the market when we hit 0.50 fib level. So far the market is still bearish.
P.S. remember bitcoin determines the market trend so trade with caution.
DYDXUSDT.1DUpon analyzing the DYDX/USDT daily chart, here’s my technical perspective and trading strategy:
Overview of Price Movement:
The chart displays a downtrend highlighted by lower highs, which indicates selling pressure over the time period covered. The recent formation around the $0.816 support level (S1) suggests a potential area of interest for buyers and sellers alike.
Resistance and Support Levels:
Resistance levels are marked at $1.269 (R1) and $1.490 (R2). These levels have acted as significant barriers in the past, halting previous rallies.
The support level at $0.816 is currently being tested. A break below this could see further decline towards lower, uncharted levels.
Technical Indicators:
The MACD is currently flat below the zero line, which typically indicates weak momentum. However, the lack of divergence from the signal line suggests that the selling pressure may be stabilizing.
The RSI is at 35.74, nearing oversold conditions. This could imply potential for a reversal or at least a stabilization in price if buyers begin to see value.
Trading Strategy:
Given the current test of the $0.816 support level, my immediate strategy is to monitor this key level closely for any signs of a strong rebound or further breakdown. A convincing bounce off this support with increased volume could indicate a short-term buying opportunity, aiming for R1 at $1.269 as a primary target.
Conversely, a break below $0.816 with significant volume might lead me to consider a short position, or wait for stabilization at lower levels before reassessing entry points.
Risk Management:
Setting a tight stop-loss just below $0.816 would be critical if opting for a long position, to protect against unexpected further declines.
In the case of a short position, a stop-loss just above $0.816 after the breakdown confirms would be prudent to limit potential losses should the market reverse suddenly.
In conclusion, my approach focuses on reactive trading based on the price action at the key $0.816 level. Observing volume and candlestick patterns around this area will be crucial in determining the market’s next move. I'll remain flexible, ready to adapt to new information and market conditions to optimize trading outcomes.
$DYDX sentiment CRYPTOCAP:DYDX
One of the leading DEX is currently at its cyclical low and has lost its strength in the bear market, but we will see what the future has in store for it. It's currently oversold and at a significant support. An upward movement from it's CMP might be a good entry. #NFA #DYOR
DYDX Spot Trade | 1500% or more in 2025 ATHDYDX is poised for a massive breakout in the upcoming 2025 bull market. With strong fundamentals and growing adoption in the DeFi space, a 2000% surge is on the horizon. Buy and hold for long-term gains. 🚀 #DYDX #Crypto #DeFi"
dydxAt best, it is a battle between red and green boxes
If it breaks red, its TPs are clear
Green also breaks the midline of the important channel
