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Dydx

DYDX/USDT - Market Update 07.08.22Hello Traders! DYDX completed the fall phase, after which the consolidation range of $1.00 - $3.17 was formed. Based on the analysis of the smaller timeframes and the current state of the market, we can assume the continuation of the local growth to the upper border of the consolidation range - the level of $3.17. Further, we can expect the beginning of descending price formation with the purpose of liquidity gathering to the lower border of the range - the level of $1.00. Specifically interesting will be the purchases in the range of $1.00 - $1.44. The targets will be the levels of $2.44 and $3.17 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
by UnknownUnicorn10064030
DYDX/USDT : Correction is must before the next leg upBINANCE:DYDXUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! Our Last call on $DYDX has been got stop-hunted and today we'll enter positions based on invalidation and hold triggers only. Currently, $DYDX has formed an ascending channel, And based on the data we have, There's a bearish divergence formed from 29th July to 1st August. Also, it could be a good entry zone to locate Longs towards the higher bearish base, As $DYDX has formed a bullish order-block below at $2.00 So, In terms of using both scenarios; - There's a Short opportunity to $2.20 with an invalidation as hold above $2.84. With a local Long position with an entry zone from $2.30 to $2.10 with an invalidation as hold below $2.00. - There's also an aggressive Long setup after getting the invalidation above $2.84 with the Same stop-loss below $2.00. You can have your bullish run from the current market price or lower, But you have to manage the Risk/Reward Ratio too! Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
7
DYDX/USDT 1HOUR UPDATE LONG TRADE SETUP!!hello, members welcome to DYDX/USDT 1Hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. As we can see from the above-mentioned chart the DYDX/USDT brackout the chanel and retested the green zone now, at the current scenario we are expecting that DYDX will go up all the way to $1.98 means almost 15%. So if it moves to the green zone again then it will be the zone to go long on DYDX/USDT Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
DYDX - Perfect formation to trade during FOMCDYDX is interesting, especially to short. It has beautifull trendline that has been touched 3 times already. Long is interesting too since we tested resistance zone a couple times already. It can go both ways and it's exactly what you need before FOMC. Direction depends on what FOMC meeting today will bring us. If news are good, take green scenario. If news will be bad, take blue one. In all cases, before entering look at 5m timeframe to find best entry point, check DOM for favorable wind and fix profit by parts. 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
by Artem_Dishel
6
DYDX/USDT : Located above the Demand zoneBINANCE:DYDXUSDT Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $DYDX is currently moving above the 2H's Demand zone and the lower lows (Based on the current wave) are located nearly below the Demand zone. Looking good if we sweep out the Demand below! Trade is based on invalidation, So I made the Stop-loss quite near to the lower low... You can enter on partial entries at $2.20 - $2.15 - $2.10 - Set stop-loss as an active close below on the 4H time-frame. Hope you enjoyed the content I created, You can support us with your likes and comments! Attention: this isn't financial advice we are just trying to help people with their vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
4
DYDX bearish divergenceLike some other DEX (Decentralized Exchange) cryptos, DYDX had made a 125% jump from its ATL at $1 on 18/06. A very nice performance which indicates that DYDX is a very intesting symbol to keep an eye on. However, at this time DYDX is showing some weakness. A bearish divergence and an Evening Doji Star candle are being formed (in 12H TF). As a consequence, a double top will be formed as well. For these reasons, a short setup is proposed as in chart. Enter when the current candle finishes in red Invalidation is when there is a 12H candle closing above $2.15 Targets are the blue lines and Stoploss is the red one. In my opinion, $1.7 is a strong support where DYDX will strongly bounce. We need to observe the reaction of DYDX at this level to see if a continuation or a reversal will be the next move (provided that the first leg down to $1.7 will have been done).
Short
by evasivesteering
4
DYDX: BEARISH EXPANDING TRIANGLE.Hello guys, here's a trade setup on DYDX in 4 hours TF. DYDX looks good for shorts. It is forming a bearish expanding triangle with the current price close to the resistance. If it plays out accordingly then we can expect a -30% drop. Best entry: $2.137 to $2.273. Stop Loss: $2.464. Targets: $1.914 $1.834 $1.755 $1.686 Note: DYDX is currently at the 21 MA support ($2.04) and if it breaks down below it then we can the short position. Be watchful and do not FOMO. You can use 5x to 10x lev with the SL.
Short
by Dexter_The_Trader
2
DYDX - There will be the potential for price growth again!Hello to all members of TradingView and my followers. DYDX has recorded good growth in the past week. DYDX has overlapped with the midline of the long-term descending channel in the $1.80 range, and this powerful resistance has been broken to the upside, in a reversal that we expect the price to If it has this range, there is again the potential for price growth if there are signs of support from buyers. In addition, the general conditions of the market will also affect the trend of all altcoins, including DYDX. A short-term bullish channel is in place for DYDX, and as long as the bottom of this channel holds in the $1.70-$1.82 range, there is potential for price growth again. If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
by MonoCoinSignal
11