DYDXUSDT
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.
DYDXUSDT 4H / SELL POSITIONAs you can see on the chart. The price is currently in its resistance zone and if the candle closes below this zone, we can conclude that it is highly likely for the price to first touch its bullish trendline, and secondly it could easily break the trendline and reach the support zone visible on the chart. Please also note that we've got a hidden bearish RSI divergence which could help in the formation of a bearish trend.
DYDXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
Here we have R1 as the resistance area and you see the unsuccessful attempts of the price in order to rise and then its rejections at some points. And S1 is our support line and it expresses the support of the price at several points. At the moment, the price is fluctuating below R1 and we believe it will rise to R1 and then will face a decline after that. R1 is a good point to confirm the short signal. Even it is probable for the price to move to the height of R1 and by a fixation over this area, we will expect more increase for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
DYDXUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 2.4 and 2.6
after first target reached move ur stop to breakeven
Stop: ~1.6 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
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 Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for DYDXUSDT
The price is moving in a descending channel between R1 and S2 lines which are our long-term lines. In the last rejection of the price at R1, the price had a heavy fall and reached S2 and then started its rising trend and we formed our S1 area. This yellow line (R2) expresses a 4-hour resistance line and shows that the price was rejected at several points by it. Also, the reverse head and shoulders patterns means that we will have a rise in price. We expect the price to rise up to R2 and then have a fall to form the right shoulder of our pattern. But if the price moves upward and over R3, then we will have a good support area for it in the future. Even it may happen that the price is rejected in R3 area and we may have more decline for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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
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