DYDXusdtwith the recent on chain perp dex explosion of promised airdrops for trading volume
the og highest volume dex perp has been abit ignored..
its consolidating in the same pattern we were seeing on other coins that marked up without a dip or a retrace... aka golden entries
with the ethereum etf rumour phase officially swinging i think that onchain perps based on the eth network will see a move also, obviously gas too high on eth for the average joe but this thing is also an L1 that can trade on its own network with much lower fees
one of the most functional products out there... and the highest volume through the bear market so it should perform coming into the bull...
high revenue generating product..
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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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
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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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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 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 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