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DYDXUSDT trade ideas

$DYDX will leave you behind scratching your head.FIFTH EXAMPLE! I wasn't going to give more examples of what Altcoins to look for, but this one is a good one and I couldn't help but share it. $DYDX Looking for Targets of $8 within a few weeks/months. KEEP AN EYE ON THIS ONE! My DCA is $1.55 I have no SL, This is SPOT! Try and buy before the Darvas Box accumulation breaks outs. All this depends on $BTC and the continuation of the market. but select coins (Such as this) might not even care about the Bitcoin Market once they move big.
by Printgains
DYDX price at a critical point, then "make it or break it"The DYDX price is now at a critical point On the one hand, the DYDXUSDT price is at the bottom of the trade that lasts for the last 6 months This price gives a good entry point for a medium-term trade +130% to $2.72 or a long-term trade +480% to $6.84 Stop for both positions below $1. The profit/loss ratio is more than adequate. What part of the deposit to buy DYDX, for the medium or long term and whether it is worth buying at all depends only on you and a little more on the market) This was the positive side of our analysis . On the other hand , the trend of DYDXUSDT will change only after the price consolidates above $2.72. And this may not happen, because on 17.01.23, 5.7 million coins are to be sold, which will be 0.57% of the maximum possible supply of DYDX and +4% to the current number of coins in circulation. And from February 2023, investors, consultants, and other early participants of the project will acquire ownership of DYDX, and we are talking about 100+ million coins The increased supply of coins on the market, according to the law of supply and demand , can significantly push the price down. The closer the DYDXUSDT price will approach $1, the higher will be the chance that the fall to $0.58 will not be avoided, and with it the development of the red scenario. For some, this will sound like a total negative, and for others as a chance to buy at a more favorable price. Earlier, in early November 2022, the price of DYDXUSDT showed a sharp increase from $1.20 to $2.72 in a week. During this period, there was a lot of negativity around the FTX exchange and its subsequent bankruptcy. It is very likely that then crypto users transferred assets from centralized crypto exchanges to decentralized DYDX. It is difficult to predict what will happen this time, but the only thing we can control in the crypto market is the risks we are willing to take on a personal deposit. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40
DYDX - Fear before unlockBINANCE:DYDXUSDT DYDX and upcoming 15% total supply unlock. Psychology of retail investors always the same! Now everyone see the unlock date and ready to sell their coins because majority think in a same day all funds drop the price. But usually it works in opposite way. To sell big amount of coins funds and earlier investors need liquidity, so they will sell it step by step. Now ill not be impress if we will see some big media posts about DYDX and future of this DEX. So after over 250 days in a range everyone who want it accumulate a lot. Possible Targets and explanation idea ➡️By ADZ big players accumulate a lot on Weekly timeframe and we can see huge divergency. ➡️ Long time period accumulation in a range. ➡️We got FVG on monthly timeframe in red block zone (full fill will be exactly at 0.23 level by FIb) ➡️We trade in a range exactly at -0.27 zone ➡️3rd Feb day of 15% unlock. But we hypothetically can see moves where funds start sell at 4, 6, 10$ in 3 waves Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Long
by Crypto4light
1
DYDXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for DYDXUSDT Based on our previous analysis on January 8, we expected a rise will happen in the coming days and presently we see the precise prediction of our team. Here we have R1 as the resistance area that expresses the price was not able to rise at different points. S1 used to be another resistance area. And at the bottom of the chart, S2 and S3 are our support areas which include the well support of price at several points. Hence, we have the price fluctuating below R1 and we expect it to have some rising signs and increase would be there for the price up to R1 or above that. Also, if the price loses the support at R1 or at its current point, a decline will be there for it to reach lower amounts such as S2. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2
DYDX and the value areaWHAT IS THE VALUE AREA? The value area in trading is a range of prices where the majority of trading activity occurred during a specific period, typically during a trading session. It is used in market profile analysis to identify areas of fair value and potential areas of support and resistance. The value area is often represented by a bell-shaped curve, with the majority of trading activity concentrated around the point of equilibrium or fair value. This information can be used by traders to inform their trading decisions, such as setting stop-loss and take-profit levels or determining where to enter or exit a trade. On the DYDX price chart a big resistance is visible. To anaylse history on the DYDX chart, we could say first that every topping is happening, when the RSI is in the level 70 area. $2 Area is the highest volume value area, and the most possible point at the moment, where the price can reverse from. If the price could break above the mentioned resistance, the next possible point where it is smart to place bets is the $2.7 area. RISK-REWARD By the Risk and the Reward standpoint, this trade is not recommended, only from the higher zone, where the price exits the value area. To trade this setup the safest way possible, it is recommended to wait for the price to get back to the value area and start shorting. IMPORTANT Remember: The FED is still hiking rates, and most of the times it causes a crash on the market, when it is about to end. Investing long term has the highest return potential, when the hiking cycle is over. The fundamentals still not looking great and the crypto market is still speculative, so never FOMO into a trade. I am so grateful for the support and engagement of my readers. Thank you for taking the time to read my analysis and for providing valuable feedback and insights. Your support means a lot to me and it's an honor to be able to share my knowledge and experience with you. I am constantly inspired by the community on TradingView and I look forward to continuing to learn and grow together. Thank you again for your support and for making this journey so enjoyable! Have a profitable 2023!
by Dandady
2