new update of DYDXHi guys
We made a mistake in the previous analysis and after the publication we corrected the mistake and the target was touched.
For DYDX new update, we think you can make almost 30% profit, so don't miss the new position
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
DYDXUSDT trade ideas
DYDX – Wick fill Strategy TradeTLDR:
• If DYDX returns to fill the wick, or lower, it could be a swing long opportunity.
Background:
• Since May 2022 DYDX is trading in an accumulation range. Range low is at the 1$ level. Mid-range is at 1.65$ and the range high is at 2.7$.
Range trading:
• My basic rules of trading a range are:
1. Below the mid-range – Look for long opportunities.
2. Above the 75% of the - Look for shorts.
3. Above the 100% - Possible breakout.
Wick fill Strategy:
• A wick represents an inefficiency in PA. it is a price range with sellers or buyers only.
• Wicks tend to get filled, at least to the 50% level, to compensate for the inefficiency.
Trade Idea:
• This trade is based on the wick fill strategy. Meaning, that if price returns to fill the wick, it could be a lucrative swing-long opportunity.
• Entry: 1.45
• SL: 134
• Target: 2.69
I learned the wick fill strategy from a very known trader and teacher. It pains me that I cannot give him credit. However, TV considers this as promotion/publicity, which is not allowed to non-premium subscribers. You know who you are, Thank you Sensei.
NFA
What do you think? Please Share in the comments.
Best wishes to all.
DYDX IDEA! BYBIT:DYDXUSDT.P
The same as any other trade i take i wait for the bottoms on the larger timeframes to come in then I scale it down to find an ideal entry. I simply set my take profits and stop losses to their accurate positions in my own opinion then let it roll! I like to keep my charts siting on the 4HR as I judge most of my trades by the 4HR. As for DYDX these recent support levels have been extremely reliable in the last series of bottoms so I am confident I can catch what I need out of this trade. But for now, WE IN THE PATIENCE ZONE!
Thank you guys!
Easy 10% Profit!hello guys
look at this beautiful rage zone
The information provided on this Page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. this page does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisio
$DYDX- dex narrativeHola ,
so with binance being messed about with holland now france few countries before that its just a matter of time when folks adapt to DEX's and part of that would be having fiat off ramp and on ramp tie ups
this bubba tagged it range low on the W1 so could enter now or wait for another deviation ..
even Cz has 1% of his net worth in fiat ...
hehe personally i have 40% currently was 0% when i went all in in 2017 and cocked up by adding to at the top ;)
live n learn ....
Charting the Course: DYDX/USDT Targets Soaring High in BullRunUnveiling the Potential: #DYDX/USDT Technical Analysis for Potential Explosive Returns
Analyzing the Chart:
CRYPTOCAP:DYDX is showing positive signs at its current level, hinting at a favorable outlook. The chart reveals a strong Neck Line Resistance that has already been broken, subsequently transforming into a support level. This retest of the support level further strengthens its significance.
Resistance and Targets:
Based on the chart analysis, key resistance levels are identified at $6.30, $9.40, $14.50. These levels act as potential targets for the asset. Remarkably, the chart indicates a staggering 650% potential gain from the retest/support level, presenting a remarkable investment opportunity.
The Power of Support:
A robust support level at $1.60 emerges as a critical factor. If CRYPTOCAP:DYDX manages to hold this support level, it becomes an optimal entry point for long-term investors seeking substantial returns. This strong support lays the foundation for an exciting journey ahead.
Expecting Significant Returns:
With the potential for 10x-20x returns in the upcoming bull run, CRYPTOCAP:DYDX appears to be an asset with immense growth potential. The projected targets of $6.30, $9.40, $14.50, $20, and $30 indicate the possibility of impressive gains for those who seize the opportunity.
Disclaimer and Conclusion:
It's essential to note that this article is not financial advice, but rather a technical analysis aiming to shed light on potential investment opportunities. Investors are strongly advised to conduct their own research and exercise caution before investing in any cryptocurrency.
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