Long DYDX - Hopefully will breakout that Bullish Channel!Sitting on Daily 200 EMA, forming a bullish flag! With breaking out that channel we should get towards the $5 region!
DYDXUSDT trade ideas
DYDXUSDT long IdeaHello everyone!
Bullish breakout spotted! Planning to buy if the price sustains above the channel resistance, aiming for $3.00.
BINANCE:DYDXUSDT
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This content reflects my personal take on the market, driven by what's out there for everyone to see (news, reports, data) and my own trading experience. While some of my thoughts stem from actual trades, others are just me brainstorming. Remember, I'm not a financial advisor, so your trading decisions are yours and yours alone.
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DYDX ANALYSIS🔮 #DYDX Analysis 🚀🚀
💲💲 As we can see that there is a formation of Descending Channel Pattern in #DYDX and we can see a reversal from its major support zone. 📈📈
💸Current Price -- $2.604
📈Target Price -- $3.522
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#DYDX #Cryptocurrency #DYOR
DYDX Sell Trade "Step into the world of crypto with me! Get your daily dose of technical analysis covering Bitcoin, altcoins, and more. Follow for insights and be part of the discussion! 💡
Disclaimer: Remember, crypto technical analysis is just a tool. It's not foolproof. Make well-informed decisions by considering other factors like market trends and economic conditions. This is not financial advice."
Dydx looking bearish When trading and searching for a deep short, there are a few things to consider. Firstly, it is important to set your first take profit at 2.705. Additionally, don't forget to take partial profits as you progress towards your final take profit. This strategy can help you manage your risk and secure profits along the way.
Order block M15 (DYDX)📊Analysis by AhmadArz:
🔍Entry: 2.81
🛑Stop Loss: 2.86
🎯Take Profit: 2.74
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💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
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#TOBTC #LQR #Dydxin this Case we have a previous up channel that to important
for now first support which is price fighting to keep it is around 2.675 - 2.612
break down this level will lead price to next support around 2.275 - 2.157
Resistance is painted wih red line around 3.220
dydx analysis (4H)It seems that we have a diametric diamond whose g wave remains. The green range is a low-risk range to buy.
I specified the targets. I specified the invalidation level, closing a candle below this 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 You
Dydx/usdt long!I exited my position on Dydx in the last trade. Now, I will take a chance on this one with good risk-reward ratio. Target profit: 2.935
DYDX/USDT A Bullish Trajectory from demand ?👀🚀DYDX Today Analy💎 Attention ,Paradisers! A lucrative trading opportunity awaits you with #DYDXUSDT, as it exhibits signs of a bullish breakout from the demand zone.
💎Looking at #DYDX historical performance, we can see that it has been moving within a descending channel, testing the channel resistance twice. Currently, it is rising for a bullish continuation from the demand level of $2.550. If it maintains its upward momentum, it could reach the supply zone above $4.240.
💎 However, in the dynamic world of trading, having a backup plan is essential. If our initial analysis fails to materialize, we are prepared to switch to a possible bullish bounce from a lower demand level at $2.228. But be aware that falling below this level could trigger a significant bearish drop.
DyDx long term holdingholding it for long term so doesn't matter short term where it goes bought it at 3 looks like will need to do DCA
Dydx might go BullAdding to longs 2.680 and under.
If holds here can push straight higher towards 4 and 5.
Stops if break 2.550
Note: Not a Financial Advice.
DYDX BUY SETUPHi Everyone!
DYDX Update today
DYDX Analyze ( DYDXUSDT.P ), 1-hour time frame ⏰
DYDX looking good to buy/ long in the retest area
Don't forget set up your trading plan, risk reward.
*Follow For More!
*DYOR
DYDX Bullish Breakout DYDX recently broke out of bullish falling wedge and is currently retesting the trendline. If we can hold we can expect to go to tp1 at 3.5 and if we manage to break that we can fill the wick at 4.2.
I do expect a wick retest to the ma's as well. but don't get shaken out, only close the position if the 4h and daily close under.
All depends on BTC though, which looks kind of weak.
Key points
- TP1 3.5
- TP2 4.2
-Sl close under trendline or btc under 40k close
DYDXUSDTsmart money concept analysis: Don't get caught in whale traps.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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DYDX/USDT Breakout the Falling Wedge. Bullish Momentum ??💎 DYDX's market performance has recently been in the spotlight. Presently, DYDX has impressively broken out of a falling wedge pattern, indicating bullish momentum for its upcoming movements.
💎 The price is currently in a retesting phase at the trendline, and there's a strong probability that it may bounce back, resuming its upward trajectory towards our targeted bearish OB area.
💎 However, if DYDX dips below the trendline again, it could be a sign of a false breakout, which might lead to a reversal in its trajectory towards the support level at 2.25.
💎 The support level at 2.25 is a critical juncture for DYDX, given its history of being a strong point of resistance or support. If DYDX revisits this level, a bounce back would be essential to prevent a shift into a bearish trend. Failure to rebound from this support could mean a continued decline, potentially leading to even lower price levels.
DYDX Bullish Channel DYDY Possible Scenario.
If Price will break up Channel then I expecting Uptrend.
If price will drop to Support zone then I will buy from Support zone
DYDX is breaking out trendline!!DYDX is in a bullish structure and breaking out from the daily trendline. It could make its HL at $2.910 and then go towards $3.499
Entry: 2.910
TP: 3.499
Sl: 2.735 if 4 hourly candle close below it.
DYDX/USDT Parabolic curve, about to enter mania phase.Parabolic curve highly plausible on this asset, TA is phenomenal expecting bullmarket peaks to hit all time high with 3 digit % upside potential.
🔔 DYDX/USDT Analysis 🚀✨ Market sentiment on DYDX/USDT is turning bullish, as the price shows signs of gaining momentum.
📈💫The current market structure suggests a potential 2x bullish move in the upcoming days, creating an exciting opportunity for traders and investors! 🚀💰
❗️Disclaimer: Remember, this is not financial advice! Always do your own research (DYOR) and make informed decisions.
🔍💡Keep a close eye on the DYDX/USDT pair and stay tuned for further updates! 🚀📊
DYDX/USDT Could DYDX Breakout the Falling wedge ?? Keep On EYE!💎 DYDX, a prominent player in the cryptocurrency market, has recently shown strong performance. It exhibited a robust bounce off a key support area and is currently on an upward trajectory toward a pivotal resistance trendline within a falling wedge pattern.
💎 A successful breach of this pattern could catalyze DYDX's continued rise, possibly leading it to challenge and break through the bearish OB area.
💎 However, should DYDX encounter resistance at this trendline and fail to break out of the pattern, there could be a reversal in momentum. This scenario might see DYDX retrace its steps back to the support zone around the $2.26 mark, where it would need to gather new momentum.
💎 The support zone at $2.26 becomes critical in this context. DYDX must demonstrate resilience at this level to maintain its bullish stance. A failure to hold above this support, marked by a breakdown, could signal a shift towards a bearish trend.
💎 Such a development would likely result in DYDX descending further, potentially towards a stronger demand area, underlining the significance of its ability to maintain support levels.
