DYDXUSDT
✴️ dYdX Triple Bottom, Bullish Breakout (275% Potential)We will keep this one short as more information can be found in a previous trade idea.
dYdX here is showing a triple bottom and now a bullish breakout.
This weekly session is moving above a consolidation pattern which can lead to additional growth.
I am seeing an easy target of 60% with a potential to hit 275% mid-term.
Can be a bit lower but also a bit higher...
Thank you for reading.
I'll share additional charts with you all looking great.
Namaste.
DYDX/USDT - bullish pennant with 2-3x potentialDYDX/USDT is showing a very promising bullish setup which will likely break out soon.
In this setup we can see a bullish pennant which is shaped like an inverted head and shoulders pattern that's near completion, successful retests of the previous downtrends and price sitting above the previous 2.50 resistance.
I really like the look of this setup and expect to see high double digit % returns and potentially even a 2-3x depending on the momentum of the breakout.
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- Buy zone: current price range, anywhere near the tip of the pennant or if you prefer a safer approach buy the breakout
- Targets are marked in the chart
In case of a pattern failure look for support on the dashed trend lines for a potential re-entry.
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I will try to keep this idea updated as the chart develops.
Best of luck and let me know what you think!
DYDX Gearing up!KUCOIN:DYDXUSDT
DYDX is in consolidation sitting within a 20% band.
Market waiting on Bitcoin move for direction.
Look for Longs with entry triggers around the possible pullback zone for breaking out for 30% - 40% possible upside.
On rejection, can short to structure at 1.84 level.
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.
DYDX UPDATE (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
You can buy DYDX at this current price and consider a stop to stabilize 1 daily candle below the green range.
According to our observations, whales have recently stored and stored large amounts of DYDX
Comment if you have any questions
Thank You
DYDX Long SetupDYDX has a bullish chart, broke the downtrend on the daily timeframe and then started making higher highs, breaking the SMA 200 and then retesting
with rejection forming a Bullish engulfing, I didn't take this entry, so in order to have the best risk reward possible, I'll wait for the price to get closer to our ascending trendline and we'll go long with the confirmation, I'll update the idea as soon as that happens.
DYDX USDT | Full technical analysis and mid term opportunity#DYDX/USDT
The price bounced from the support. It gives us a higher swing low in the bearish market.
It's a bullish signal showing that the market is going to correct the previous bearish wave or start a bullish trend.
So, it's time for position traders. It's possible to start building long positions.
Any pullbacks in the hourly time frames can be used for swing trading.
targets will be between 5.5, 7 and 10
and you may put stop-loss under 2.5 (weekly close)
this is a mid term signal so DCA from the current levels will be perfect
thanks.