DYDXThe first resistance zone that can be seen is in the red lines. The most suitable support is in the green lines
DYDXUSDT.PS trade ideas
dydx long ALL trading ideas have entry point + stop loss + take profit + Risk level.
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Disclaimer
DYDXUSDT bearish trendTrend line is showing bearish market and its making LL and HL
Fib retracement at 0.382 is the entry point in trade.
Previous HL is at 3.459 which is now stop loss.
TP is set on 1:1 ratio of win/loss.
DYDX UPDATE (1D)The big A and B waves are over. Now we seem to be in the big C wave, which looks like a bullish diametric.
We have drawn a box around large waves.
If we want to focus on the structure of the big wave C, we are now in wave c of this diametric.
Wave c of C is also a diametric, so now we seem to be in wave d of c. A bullish wave of e is expected to start from c soon.
The green range is a very important support that DYDX has retraced.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
invalidation level : 2.699
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
DYDX: trade in pollback📊Analysis by AhmadArz:
🔍Entry: 3.446
🛑Stop Loss: 3.366
🎯Take Profit: 3.528-3.606
🔗"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!
Good times ahead for DYDXDYDX is breaking above 2 years range, and this is only good. I expect a rally that will lead the price at least above $9.
Dydxusdt triple bottom opportunity"Dydxusdt showcases a strong triple bottom pattern, further confirmed by two established peaks. Despite breaking above these peaks, the price has retraced below them, signaling a potential pullback.
Our immediate area of interest emerges as an attractive buy-back zone, but for safety, consider placing stops below the pattern's bottom.
The chart displays the minimum pattern target.
Patience will be key as this unfolds. If this analysis aligns with your observations, please leave a 'like'. Thanks for the support!"
📈DYDX is going to retest or fall further📉 BINANCE:DYDXUSDT
KUCOIN:DYDXUSDT
Hello traders.
I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention.
right now, there are 3 scenarios in front of the traders.
in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of the pitchfork.
in 3, due to the heavy sell pressure, the price can sorely decrease below the 3.498 level. In that case, the bearish target would be $3.153.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
DYDX BULLISH?Dydx has rejected a daily bullish order block, which has the potential to result in a higher price.
DYDXUSDT.PHello Trader BINANCE:DYDXUSDT.P
the current position is in the block order area, the possibility of bullish sideways, the range area seems suitable at buy on spot 3,152.
and if the green line breakout just hold because most likely the price will continue to rise to the $9 area, but if you want to take capital, you can in the 5,158 area and then hold until the price of $9.
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
DYDXUSDT brokeout resistancehi traders
DYDXUSDT looks good now. The price broke above the downsloping resistance.
Expecting a pump in the next days.
Take profit: 3.937
Technical target: 4.33
stop loss: 2,43
Good luck
DYDX ideaDydx is making a pattern of lower highs and lower lows, which serves as a favorable signal for initiating a short position.
📈DYDX quick long-position📉BINANCE:DYDXUSDT
BYBIT:DYDXUSDT.P
Hello dear traders.
If the price does not return below the $3.8 level, the bullish scenario will be strong.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
⚡ DYDX Trade Setup ⚡📊 Analysis:
Context: The Dencun upgrade on the horizon could introduce volatility in the ETH ecosystem.
Technical Outlook: DYDX on the HTF is flipping old resistance into support, potentially leading to a move to new range highs around $6.80.
Trade Percentage: Use a reasonable percentage of your capital, considering potential volatility.
Buy Zone: Consider entering the trade around $3.80 - $4.20.
Take Profit: Target potential profit levels at $4.50, $5.10, and $6.90.
Stop Loss: Implement a stop loss if the price loses support of $3.60 on the daily chart.
🌐 Note: Keep a close eye on the Dencun upgrade and adjust your strategy accordingly.
DYDX/USDT: Bullish Signals on the Horizon!The DYDX/USDT chart is showing two interesting technical indicators suggesting a potential uptrend:
Double Bottom Pattern: This formation often precedes a price increase.
Touchdown at 60-Day Moving Average: Support from this key moving average can signal a bounce.
Potential Long Trade Opportunity:
Based on these indicators, a long trade entry above the 60-day moving average (around $3.97-$3.98) could be an interesting possibility. However, remember, this is not financial advice.
Target Levels:
Here are some potential profit targets based on Fibonacci retracements:
Target 1: Fibonacci 0.5 - $4.44
Target 2: Fibonacci 0.618 - $4.48
Target 3: Fibonacci 1.0 - $5.00
Stop-Loss Recommendation:
Consider placing a stop-loss order below the double bottom's price range (around $3.75) to manage potential risk.
Key Takeaways:
This analysis highlights potential opportunities, but it's not a guarantee of future performance.
Do your own research before making any trades.
Consider using stop-loss orders to manage risk.
By understanding these factors, you can make informed decisions about your DYDX/USDT trading strategy.
Good luck!
dydxThe project is very strong, the targets are clear... Did you use an account during this time? I talked about it in the past, were you surprised?
DYDX BULLISH
I've been closely monitoring the chart for DYDX, and it appears to have been accumulating for quite some time now. Based on my analysis, I strongly believe that it's poised for a breakout, particularly targeting the $3.70 level as a starting point, with the potential to surge towards the $7 area in the near future.
This seems like an opportune moment to enter the market, as the current price level presents a favorable buying opportunity. I've taken a position myself, anticipating the upward trajectory ahead. Your interest in this analysis is appreciated, and if you find value in it, I encourage you to stay tuned for more insights.
Let's keep a close eye on DYDX as it unfolds, and may our investment journey be fruitful. Don't hesitate to follow along for further analyses and market updates. Here's to making informed decisions and enjoying the journey ahead!
DYDX: A Beginner's Guide to Trading this CryptocurrencyToday, we're zooming in on a particularly interesting digital asset: DYDX . This article is crafted especially for you to help you understand the market movements of DYDX and how you can potentially capitalize on it.
The Accumulation Zone: A Key to DYDX's Movement
One crucial aspect to observe in DYDX's price history is its accumulation zone. This is a price range where the asset was consistently bought, indicating strong investor interest. For DYDX, this zone has been identified below $3.00, with the cryptocurrency showing significant movements each time it hits this range.
The 2023-2024 Price Journey
Let's break down DYDX's price action over the past year:
Early 2023 Consolidation : DYDX first hit the yellow accumulation zone at the start of 2023 and stayed there until around May. This phase is known as consolidation, where the price moves sideways, indicating uncertainty or equilibrium between buyers and sellers.
The Breakdown and Higher Lows Formation : After breaking down from this zone, DYDX entered a larger accumulation zone between $1.10 and $2.50. Noticeably, it formed a significant higher low in May 2023 and another in August 2023. These higher lows are bullish indicators, suggesting that buyers are stepping in at higher prices after each pullback.
The October 2023 Breakout : In October 2023, DYDX hit resistance but impressively broke out with a large weekly candle, marking its highest weekly close since April 2022. This was a bullish signal, indicating strong buying pressure.
The January 2024 Higher Low : Despite a pullback, another higher low was created in January 2024. This time, the weekly candle closed above the old accumulation zone, with a long wick indicating demand below $2.50.
What's Next for DYDX?
The key levels to watch now are $4.50 and $6.95. If DYDX surpasses $4.50, the high from just a few months ago, it could potentially climb to $6.95. Beyond that, the path to $23 seems almost clear, considering the asset's volatility and bullish indicators.
A Word of Caution
While the potential for profit in trading DYDX is apparent, remember that cryptocurrency is a highly volatile and risky asset class. Many cryptocurrencies can be unstable and even fraudulent. It's crucial to educate yourself on trading techniques, risk management, and self-control before investing.
