Dydx
DYDX- A new all time low??!Hi everyone
As we have seen a failure from MTR pattern,the bearish market was clear.Now we got ourselves a triangle and we have to see how does the price react.
The reactions mostly happens near the support and resistance levels, so we got support levels of 1.625$ and the bottom of the triangle,and for resistance we got 1.8$ and after that we got the top of the triangle.
Hope this analysis helps you in a way.
I will gladly answer your questions,Just leave a comment below and PRESS THE LIKE BOTTOM please.
DYDXUSDTHello everyone
According to the chart and our previous serial analysis we publish that the price need to have more correction from 15$ price and now the price is how much ??
Be patient to hunt the hunter :D
As you can see on chart we expect that the price can drop to stop hunt the orderbok then its ready to move upwards to complete the correction and we think that the price is moving in bearish market in a year but just a prediction.
And in this chart we put a point, if anyone can guess at first we wanna give 500$ prize for find it and tell at first.
If you have any question send us messages
Good Luck
Abtin
Previous analysis :
DYDX: Strong news = Strong coin💪While everything else falls, DYDX grows.
Why? As in most cases, when coin looks stronger than a market there are news that give it power.
If we check DYDX twitter we can see that developers announced something big, even tho, nobody knows what it is, this announcement was already enough to make it grow 30% , while BTC dropped more than 7% .
Will enter the position when price squeezes to the trendline on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
3% - 1/3
6% - 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
DYDX zones where Ill open LONGBINANCE:DYDXUSDT
For May and summer $DYDX will trade in range between 8 and 3 dollars.
Ill open long at
3.80
3.40
2.86
Possible to see squeeze down if in May we will see increasing the rate FRS really hard
Targets for this trades
5.80
Around 7$
About investments zones for DYDX ill make a new IDEA and will show investments zones and targets where you can mark your FIX position
$DYDX - trendline breakout + stochastic bullish divergenceDYDX printed a bullish divergence on 4h timeframe and is breaking the downtrend
might look into a long position for this
the price is also approaching the resistance level around 4.5, which I expect to be broken soon
let me know what you think about this in the comments