Update DYDXUSDTWe may be in a sub-corrective fourth wave that goes sideways, and then a fifth wave will follow
Note: the analysis fails if the price rose above an area 2.28 usdt
DYDXUSDT
DYDX Needs to Breakout!KUCOIN:DYDXUSDT
DYDX needs to breakout of level marked, on the 4h we have Bullish Divergence but it needs to engage.
Otherwise look for entry ideas at possible pullback zone.
Experienced traders could potentially short to the pullback zone via a Bearish Retest or "Dirty" Bearish Retest.
BTC currently sitting in a large Head & Shoulders so we build plans around such confluence.
But we move with an edge and not prediction.
Future markets open in about 3h 20m
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Charting the Course: DYDX/USDT Targets Soaring High in BullRunUnveiling the Potential: #DYDX/USDT Technical Analysis for Potential Explosive Returns
Analyzing the Chart:
CRYPTOCAP:DYDX is showing positive signs at its current level, hinting at a favorable outlook. The chart reveals a strong Neck Line Resistance that has already been broken, subsequently transforming into a support level. This retest of the support level further strengthens its significance.
Resistance and Targets:
Based on the chart analysis, key resistance levels are identified at $6.30, $9.40, $14.50. These levels act as potential targets for the asset. Remarkably, the chart indicates a staggering 650% potential gain from the retest/support level, presenting a remarkable investment opportunity.
The Power of Support:
A robust support level at $1.60 emerges as a critical factor. If CRYPTOCAP:DYDX manages to hold this support level, it becomes an optimal entry point for long-term investors seeking substantial returns. This strong support lays the foundation for an exciting journey ahead.
Expecting Significant Returns:
With the potential for 10x-20x returns in the upcoming bull run, CRYPTOCAP:DYDX appears to be an asset with immense growth potential. The projected targets of $6.30, $9.40, $14.50, $20, and $30 indicate the possibility of impressive gains for those who seize the opportunity.
Disclaimer and Conclusion:
It's essential to note that this article is not financial advice, but rather a technical analysis aiming to shed light on potential investment opportunities. Investors are strongly advised to conduct their own research and exercise caution before investing in any cryptocurrency.
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DYDXUSDTThis currency is inside a classic pattern.
If this pattern is broken to the bottom, the price can fall to around 1.4
DYDX - Long into ShortSo, as expected in the previous idea (see linked ideas), I think we're approaching to a reaction zone to offer a decent bounce for a lower high. Although the technicals are there for it, be aware that it's not the "most probable set-up" kind of trade because there are good reasons for buyers to step in at lower prices. The target is also unclear due to the nature of the structure, but I'll give it a shot and eat the loss if i get stopped.
long DYDXCRYPTOCAP:DYDX broke through the descending trendline. Bullish movement to resistance level at $2.4 is expected to happen.
DYDXUSD FALLING CHANNEL On the chart we can see a falling channel pattern.
Our strategy is to wait for the price to break the upper resistance.
If this happens we can enter long.
Targets and take profit level are shown on the chart.
DYDX BIG BREAKOUT ON H4DYDX BIG BREAKOUT ON H4 incoming. It has already swept the lows and now almost ready to blast. I am mega bullish on $DYDX.
Dydx Update Dydxusdt
Price is going to retest tge breakdown level again I am expecting a good drop soon
Dyor
Dydx Looks Solid for decent recovery Seems Like Ready For Solid Recovery Forming Descending Channel In h4 timeframe Incase Of breakout expecting 30 to 35% Bullish wave
DYDXUSDT DAILY : GOOD situation (spot)Hi Guys hope you well,
After a good climb and an correction in the price, we are slowly approaching the good demand area. We have two scenarios ahead. I expect that we will first go up and then enter the golden demand zone in the daily time.
SecondChanceCrypto
⏰13/May/23
⛔️(DYOR)
always do your research.
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Dydx | Update Dydxusdt
1: Formed head & shoulders pattern on daily time-frame neckline breakdown already confirmed
2: Breaking down triangle pattern incase of succesful breakdown expecting 20-30% drop
Dyor
DYDX update, is market crash near?Hello traders, I am expecting a drop from current zone, by breaking the price of 2.28, and first target will be the FVG box as I have indicated in the chart...
we can clearly see bearish flags on most of crypto coins currently,
and I think we will have a market crash from alt coins,
so you should trade carefully and do not enter the market without marking a confirmation...
as for BTC, I think last target will be the market bottom which is 16k, and if it hits 16k again, it will be a DOUBLE BOTTOM, we will see a nice bull market then...
I don't really work with patterns anymore, but if DOUBLE BOTTOM is formed, it'll be a good sign for bull market...
and I don't think that we will have more growth yet from DYDX, unless the price of 2.78 is broken, I mean the EQUILIBRIUM area..
so we're currently trading in a range which is 2.28 - 2.78...
enjoy trading, trade carefully <3
DYDX at daily support, likely to head to 2.565The price has again hit the daily support and I expect the price to bounce from here. A long is favorable here towards 2.565 area.
More Traders, More Rewards, DYDX Looks good, DEX's are the future of trade. Dydx has a good rewarding system and tokenomy,
DYDX vs Bitcoin CASH. A new trading method - "m-maker reading".Market maker applies similar parr terns, because the market is a complex mechanism with rules. Within the framework of the set rules there is not much variation in the actions.
A new trading method - "m-maker reading".
DYDX looking good for upward move towards 2.70The daily support is working well and holding the price for past few days. This is indeed a very strong demand zone as evident from the support zone. The price is also trading above the support zone which is a good sign for now. If this daily candle closes above that zone, it would be a good strength sign for upward move and can target the daily resistance zone around 2.70.
DYDXUSDT hit the daily support and likely to go lowerThe price has hit the daily support which provides a opportunity for a long position. However, one has to be careful as it seems the upside for the long is limited here. If I had to play this one, I would play as marked on the chart. If the current daily support loses, a better long opportunity will be from the next daily support and the target for that should be 2.546.
DYDX Bullish Broadening WedgeLooking at the daily chart we can see that a broadening wedge pattern has formed which is very bullish for DYDX.
If you zoom out on the weekly you can also see a triple bottom from which we've just retested the neckline.
Overall I'm expecting some bullish moves from DYDX in the next coming weeks.
Dydx Looking Good For Midterm Seems Like Getting Ready for another Bullish Wave Formed Bullish Pennant In H12 Timeframe Incase Of Breakout expecting 120 to 150% Bullish Wave
DYDX short go down to 1.011Now I think there is a chance to go down to 1.011
is a really good timing to short becuase we know where we can put our stop loss at 2.727
short DYDXCRYPTOCAP:DYDX bounced off the resistance level. Decline to support level at 2.7$ is likely to happen.
DYDX NEW UPDATE 12HHi, 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
