DYDX | Double top + Head and ShouldersBINANCE:DYDXUSDT
The formation of a Head & Shoulders pattern along with a double Top, at the time of hitting and the below the 200 Moving-Average (MA 200) , are all signs of the beginning of a downtrend.
Trade entry points, below, the minimum price of the previous 3 candles.
Or using the Head & Shoulders pattern, and the entry price is below the neckline
Note: In the downtrend, we also have a price correction and a temporary upward movement.
✅ ✅ 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.
Dydx
✖️DYDX ✖️_ Technical & brief Fundamental!!! Today let's take a look at the DYDX token from a technical and fundamental point of view.✅
Fundamental :
dYdX is a decentralized exchange and trading platform built on the Ethereum blockchain which enables users to trade cryptocurrencies with margin, lending and borrowing, and perpetual swaps through a non-custodial platform.
dYdX has a user-friendly interface that makes it easy for traders to access the platform's services. It has a strong development team that is dedicated to improving the platform's functionality and expanding its capabilities.
Additionally, dYdX has secured significant funding from reputable investors, which demonstrates the confidence that the investment community has in the project's potential. The project has also formed partnerships with other prominent players in the blockchain industry, such as StarkWare, to improve the scalability of the platform.
Overall, dYdX is a promising project with a strong development team, user-friendly interface, support from reputable investors, and most importantly the project goal since many crypto users have lost their funds recently with centralized exchanges.
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Technical :
DYDX token has managed to form a rectangle pattern in the daily time frame.
If we look at DYDX from the theory of Elliott waves; DYDX has created the popular Expanding Flat(3-3-5) corrective pattern inside the rectangle pattern.
I expect DYDX to fall to the lower line of the rectangle pattern over the next few weeks.
DYDX Analyze ( DYDXUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe
DYDX Idea DYDXUSDT DYDXUSD BINANCE:DYDXUSDT
✅ ✅ 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.
DYDX/USDT Symmetrical TriangleDYDX/USDT seems to be in a symmetrical triangle. Despite the dip in BTC last night, DYDX didn't seem to actually get hurt too bad in the bigger picture.
It created a new low on the daily compared to the previous but it is still within this triangle.
I'm somewhat neutral on this but if BTC continues down, I'd probably be looking for confirmation to short this.
If short confirmation happens, I would be looking to take something like this.
The stop loss is 1 daily ATR away, I would be looking for the bottom green box as an area for TP as the VRVP seems to be hanging around there, though it would have to get through the support above that at ~1.5
The momentum waves are also dying down on the MC-B indicator, which is why I'm looking for a short on this.
I will update if I take a trade here.
Dydx Obv flat during the recent two sell offs?
Down 36%from the highs
If we loose the 2.4-2.1zone we might retest the Cfork trend line at 1.9
But we bounced of a significant fib tretracement level so might not be retesting that trend line straight away at least
Overall not really sure but feels like we might see some relief here
Shorts baited? Squeeze and provide relief or idk
Bit unwell rn tbh
Dydx equilibrium testBINANCE:DYDXUSDT
Today ill share with you my first video idea here!
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
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.
DYDXPunted this from range lows. Where earlier idea was, in hindsight, a knife catch, at this point in time we are potentially working a reversal from range low, having traded beneath and reclaimed range low. First objective is mustering its way back above 2.66, and from there back inside 2/27/23 weekly open.
DYDXUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır. Bu görüşler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.
DYDXI'm liking dydx so long as btc holds 22keks. DYDX has been rangebound since start of February, and I expect that to continue until market shows otherwise..
🔥dYdX MAKE A PULLBACK: THE BEST PLACE TO OPEN A LONG!🔥 Hi friends! dYdX made +200% from the entry point at $1.01. Now, we see that trend is fading. I explain my expectation for dYdX in this idea. Read to the end!
🚩 Why do I think that pullback is possible? The main precondition is a volume growth at highs. As you can see on the chart when volume goes up at highs so the price goes down.
📊 TRADING PLAN FOR DYDX:
🔥 pullback to $2.3-2.5 value area
🔥 volume growth at the bottom confirms the presence of buyers
🔥 bullish BTC is a must-have for altcoins growth
✅ MY TARGETS FOR DYDX:
1. $3.62 - the key levels and local highs
2. $5.3 - the key level
3. $7.3 -the key level
Friends, what did you trade dYdX previously? Write in the comments! This is DEX (decentralized exchange) which will be the top gainer in case of crypto regulation.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
DYDX ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the DYDX symbol.
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
🔥162% OF PROFIT: $1 IS A BEST PLACE TO BUY dYdX AGAIN🔥 Hi friends! dYdX give us the opportunity to make a huge profit several times. The last one was during the test of $2.7 key level as the support. The price fall for 62%. So you can make a huge money even without leverage.
The main reason for this fall was the Binance FUD and now the FTX FUD. Blockchain data shows that Alameda Research (SBF/FTX fund) swapped their altcoins for Bitcoin using mixers.
Since Alameda is a big holder of this altcoin, the risk that they will sell and push the price down persists. That is why the price is falling today.
🚩 DYDX HAVE A THIRD PLACE AT ALAMEDA PORTFOLIO
📊 TRADING PLAN FOR DYDX
Now the price almost reaches the lower boundary of the channel which is strong support for the price. Here we can open a trade with 2 targets that I point out later.
The preconditions to open long:
1. the false breakout of the channel's lower boundary
2. sl collection below the $1 key level (a lot of liquidity for the whales)
3. bullish BTC
4. volume growth at the bottom
🚩 Friends, remember that we open trade only if a false breakout happens. Let the price fall lower if it does not close inside the channel again and wait for the next opportunities.
✅ MY TARGETS FOR DYDX:
🔥$1.7 - the mid if the channel
🔥$2.7 - the top of the channel
Friends, do you believe in this decentralized exchange growth? Wrote your thought about DYDX in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
✳️ DYDX Wow! Wow! Wow!Have you seen this application?
This is a decentralized exchange and you can even use leverage on it.
All I can say is "Wow!".
Real world usable, already working, product.
You need to try it yourself.
The chart looks great by the way.
DYDXBTC is trading above EMA50 with rising volume, confirmed uptrend started after the June 2022 low.
Sorry I am late... This might turn into one of the best of all, based on the product of course.
Namaste.