DYDXUSDT SHORT OPPORTUNITYHere we can see that "DYDXUSDT" in 1 day time frame has a trendline resistance at "1.981" and you can see a good short opportunity.
ENTRY - "1.981"
TARGET - "1.576"
STOPLOSS - "2.073"
ENJOY!!!!!
DYDXUSDT trade ideas
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
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 $2.7 area.
RISK-REWARD
By the Risk and the Reward standpoint, this trade is not recommended, only from the higher zone, where the price exits the value area.
To trade this setup the safest way possible, it is recommended to wait for the price to get back to the value area and start shorting.
IMPORTANT
Remember:
The FED is still hiking rates, and most of the times it causes a crash on the market, when it is about to end.
Investing long term has the highest return potential, when the hiking cycle is over.
The fundamentals still not looking great and the crypto market is still speculative, so never FOMO into a trade.
I am so grateful for the support and engagement of my readers. Thank you for taking the time to read my analysis and for providing valuable feedback and insights. Your support means a lot to me and it's an honor to be able to share my knowledge and experience with you. I am constantly inspired by the community on TradingView and I look forward to continuing to learn and grow together. Thank you again for your support and for making this journey so enjoyable!
Have a profitable 2023!
long DYDX$DYDX broke through the resistance level. Bullish trend is expected to continue and reach teh resistance at 2.07$
$DYDX #DYDX | LTF LONGGreen box and EQ might be worked as a support level .
The bottom of the red box, liquidity zone and around 1.93 will be the points I will observe as resistance.
With the loss of 1.53 (1H) , the first bounce of the price will be around 1.38 .
I wish everyone a good week.
DYDX at resistance across multiple HTF and structureIf you ever were looking for confluence on a trade, here it is. This is the weekly. At the close, it pumped straight up to weekly tenkan that lines up with the macro resistance downtrend. If you filter through all other HTF, you will see the tenkan here as well. Great short opp.
#DYDXUSDT #LQRUSDT #TOBTC EMA200 important resistanceimportant resistance EMA200 DAILY and fibo level at price $2.12 and $2.175
Minor support $1.599
ststic support $1.48
#DYDXUSDT #LQRUSDT #TOBTC EMA200 important resistanceimportant resistance EMA200 DAILY and fibo level at price $2.12 and $2.175
Minor support $1.599
ststic support $1.48
DYDX/ USDT Idea✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
DYDXUSDT getting compressed below MA200I believe there is another pomp potential for DYDX after being compressed around MA200 for a few days. What do you think?
Long DYDXDYDX is consolidating just above the MA 200D.
A potential and interesting move upward.
A setup as in chart with tight SL and high R:R would be considered.
0.037 DYDXUSDT!Well
ummmmm
nothing!
everything is obvious
please be ready for taking short position to 0.037.
DYDX we can see a Positive price movement 🕵️Hello guys i hope u are all doing well
DYDX/USDT looks Bullish , price very close to support 💹
If u agree with me press like button
DYDX : BREAKDOWN VIEWDYDX : BREAKDOWN VIEW
we will follow to see if this coin is able to break down more to check the below levels.
DYDXUSDT SUPPORTED AGAIN!Subscribe and get a free trading strategy for Bitcoin and other instruments every day!
Happy New Year and Merry Christmas my dear friends!
After the price bounced up of the buyer's zone near the price of $1.000
Potentially it can rise to the level of $2.730
Push the rocket button if you like my idea!
P.S
I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
DYDX longDYDX bounced off the ascending trendline and bounced off the support level. Bullish movement to resistance level at 1.585 is expected to happen.
