DYDX SMC 1H short ideaBINANCE:DYDXUSDT.P www.tradingview.com
Market may sweep major liquidity and choose it's direction
as we are expecting or may reverse the trend and move to upside.
So, wait for 5min confirmations
DYDXUSDT.PS trade ideas
Going on shorting on dydxWaiting for the liquidity line to be touch then I Wil short it fully.
Building my short as for now..
Dydx Still struggling DYDX/USDT
Timeframe: Daily
The price of DYDX is currently following a rising wedge pattern on the daily timeframe. I anticipate that the price might decrease by around 20-40% from this point. However, it's important to note that these are just my expectations, and we need to wait for confirmation before making any conclusions.
The initial sign to watch for is a rejection from the current level. If there's a rejection, our initial target will be the lower trendline of the wedge pattern. Furthermore, if the price breaks down below this pattern, it will provide even stronger confirmation that DYDX might encounter challenging times.
Please remember that this is just a suggestion. Before making any decisions, it's advisable to conduct your own research and analysis.
Best of luck,
If you find our analysis helpful, please consider showing your support.
Wishing you successful trading.
DYDXUSDT is ready for the breakout?DYDXUSDT is currently testing the 0.618 Fibonacci level below the daily resistance. The 0.618 Fibonacci level is a crucial retracement level derived from the Fibonacci sequence and is often used in technical analysis to identify potential support and resistance levels. When the price approaches this level, it suggests that it might find support and witness a bounce from this area.
In addition, the price is trading inside an ascending channel, which is a bullish chart pattern characterized by two parallel trendlines, with the lower trendline acting as support and the upper trendline acting as resistance. This pattern indicates that the price has been consistently making higher lows and higher highs, further reinforcing the potential bullish outlook.
Furthermore, you mentioned that the price could attract new liquidity around the $1.9 price zone. A liquidity grab at this level might occur due to various factors, including historical price significance and the intersection with technical levels, drawing the attention of buyers to the market.
According to Plancton's Rules, a new long position is suggested in this scenario. A long position involves buying the asset with the expectation that its price will rise. By following Plancton's Rules, traders aim to take advantage of the potential bullish momentum indicated by the ascending channel and the proximity of the price to the 0.618 Fibonacci level.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
DYDX Buy Trade Here is My Study On Dydx..
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lll be sharing my insights and predictions to help you make informed decisions .Not a Finacial Advice
DYDX Daily Update ( Bullish Scenario )As previously mentioned, the long-term conditions for DYDX appear favorable for potential growth, and it is currently transitioning from a downtrend to an uptrend on the daily timeframe. If the $2.15 area is broken and sustained, it could experience the indicated growth. Keep an eye on it.
DYDX/USDT Bullish Momentum?? 💎🚀 DYDX Today Analysis💎 Currently, DYDX is navigating within a descending channel pattern and is making an attempt to breach the supply zone. If it struggles to surpass this zone, we might see DYDX retreat to the demand area between 1.63 - 1.74, aiming to tap into the order block situated there. This could set the stage for a potential rebound and a subsequent upward trajectory.
💎However, if DYDX manages to break through the supply zone promptly, it's a positive indicator. Yet, for a confirmed bullish momentum, DYDX needs to shatter the resistance trendline of the descending channel. Achieving this could pave the way for a spirited rally, targeting the 2.755 - 3.15 range.
💎Conversely, should DYDX falter within the 1.63 - 1.74 demand zone or even dip below it, it suggests the possibility of a deeper decline, crafting a new lower low.
Paradisers, stay vigilant and monitor these potential shifts! 🌴
DYDX shortDYDX bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 1.909 is expected to happen.
Dydx , wihtin 6 months, it will be in my bagtop 21 coin for my bag for trip to mars.
we going to stuck within a range of accumulation. Thats when u buy.
DYDX ANALYSIS (1D)I think the larger view of DYDX should look like this. Be careful, there are supports along the way in this branch. The best position management method in this situation is to save profit in the path and move the stop to lower points
Technically, it is a low-risk opportunity to open a position.Considering the risk, reward, and price trends, it is an excellent opportunity. Use money management to keep your fund safe.
DYDX ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ICP symbol.
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 You
Brief Analysis ——DYDXToday, we bring a brief analysis of two more popular tokens. They are TRX and DYDX.
From June 2022, DYDX will maintain in a stable range. Although the price rose above the upper rail of the range in early 2023, it soon fell back into the range. DYDX remains neutral on a large scale. Recently, the volatility of DYDX has decreased. The price remains fluctuating within the previous accumulation zone (yellow zone). Since mid-July, the price has been hovering on the upper rail of the yellow area. You can see that there are many candles with upward pin-bars. But the bears have not strengthened, keeping the price in the yellow zone.
Conclusion: The high probability rise has not ended. We think it is difficult for the rise to end at this position. It should be noted that if today's red candle finally covers last green candle, the possibility of fluctuation will be increased, but this can only be confirmed when the market closes. We set resistance level at 2.4 and support level at 1.5.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
DYDX Monthly ( Buy Scenario ) DYDX currency has a completely upward chart in the monthly time frame, and as you can see, we had the price return from the area of $1.75, which was the previous monthly ceiling, and the price is now above the 618 fibo area, and this is interesting...
dydx sellBINANCE:DYDXUSDT is are giving us good profit in sell position risk reward ratio is perfect, lets take it.
DYDX/USDT - In Bullish TrendIt looks like DYDX/USDT will continue the bullish trend as it is printing HHs and HLs.
chance to hit 4$ before summer's end!!!DYDX biggest DEX token by now has strong chance to hit 4$ before summer ends but how?
right now price on daily chart has formed a clear bullish flag pattern and it is moving into a descending wedge.
right now from indicator aspect all indicators on daily chart still bearish however in lower time frames like 4H it turned to bullish.
so the confirmation of this coming bull trend is when the price could manage to close above MAs indicator or the wedge pattern or the key area.
closing above any of those case meaning bull trend confirmed. at the moment seems still in accumulation phase.
so best strategy is accumulate and wait for it. let's see
Enjoy the market
DYDX/USDT planning downward move?👀 DYDX Today Analysis
💎DYDXUSDT is on an interesting trajectory as it has been repeatedly rebuffed from our projected resistance level, setting up a bearish momentum.
💎 Another factor to consider is the bearish divergence of the RSI. Despite the upward move, the RSI indicates bearish momentum, suggesting a potential downward shift of $DYDX.
💎 The presence of an unmitigated bullish OB and price imbalance further reinforces the likelihood of a bearish move.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
dydx update DBdouble bottom possible play out here if so target 2.50 if we reject then fade off back to 2.05 area
DYDX – Long-Term Entry Point• In my previous TV idea, I wrote that DYDX has immense long-term price potential.
• This long trade could be a swing trade or a position trade for the long term.
• The prerequisite condition is that DYDX will breach the 2.15 USDT level resistance and flip
it to support.
• I think you will have to use your judgment about placing the SL because it depends on your
time horizon. If you buy a spot for the long term or if it’s a swing futures trade.
• Also, for the take-profit point. If you are buying for the long term maybe you should forgo
TP1 and TP2.
Trade Idea:
• Entry: 2.15 USDT
• SL: 1.98 USDT
• Target: 3.13 USDT (initially)
• TP: 2.43, 2,69, 3.13 USDT
DYDX buy Trade With StoplossHere is My Study On DYDX.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
DYDX looks ready to pump soon 🚀bullish break past trend resistance recently, but currently using previous support zone as resistance so too soon to jump into long right now..
break of 2.336 long trigger and I expect a big rally to 2.8-3.2-3.5🎯
boost and follow for more! thanks 💛
