A Clear view of $dYdX Token by means of volume and wyckoff termsan in-depth look at the topic of smart money circulation on $dydx tokens.
Dydx
#DYDXBUSDDYDX after days going down now broken the down trend line and enter on a positive trend line.
DYDX has done a nice breakout, Next target is 10$!DYDX Short term Update
DYDX is a high potential coin in crypto environment as you know, This coin rejected perfectly from 7.211$ zone.
A breakout of descending trend line and static support zone was a good sign for end of this long correction.
This coin is out of its descending channel now, And this is perfect.
Some range movements above current support area(Blue area) is expected and then the first TP for this coin can be 10$.
DYDX-USDT trade setup Bullish divergence on RSI and price heavily retraced over the last few weeks.
It's time to see a bounce here.
#dydx#entry point outside the Como cloud and the downtrend.
#Stop_loss below the downtrend line.
strongest #resistance ahead 0.618 fibo.
good support area is nearby 0.78 fibo
DYDXIt comes down as a channel pattern
To climb, you have to break the dynamic and static roof at the same time at the price of $ 12
Given the small market value, the risk is high
You can enter in several steps
My SL is priced at $ 7
Do not use SL and reduce the average purchase at the bottom of the channel
.
I have identified the goals using three-point FIB
Of course, one can look at history and draw resistances ...
.
.
If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and follow, thank you...
DYDX refueling for flight ...The DYDX is in a position to start a strong uptrend.
The compactness of this token is coming to an end, and these days it has to decide which way to go.
This movement is unlikely to be down. Because in this case there is no resistance below this position. (Visible resistance)
Strong fundamentals and good conditions The chart of this young token shows a sharp climb.
If ascending, the best point to enter after the pullback is on its trend line. $ 10
Good luck ...
depth seeker.dydx is a solid exchange, one of my favorites.
but because it is so new, market maker is going to try to do their best to get the best possible deal before they run this bad boy up into the heavens.
---
once btc completes this larger frame correction, dydx will be one of my top picks.
---
longer term target for this gem sits at around $100, but not before a deep dive to where it all began.
possible it even takes out the lows to invalidate the potential for this 1-2.
a break of the lows would be my ideal scenario tbh - to get it for the lowest possible price in an area most would absolutely fear buying.
---
how low this goes depends entirely up to what btc wants to do from here.
---
best of luck 💸
DYDX/USDT 300% Potential from here..? From $9 to $50 ..?#DYDXUSDT Update :-
$DYDX looking good for accumulate.
Big Bull flag in Big time frame.
But
For Bullish zone need to breakout $12
If break $12 then we can see $30 easily.
My entry is $8-$9
Stop Loss is $7.20
Targets :- $12/$17/$26/$36
Support :- $8.0
Resistance :- $12
DYDX/USDT two scenarios to playWell it can't be any simplier, if we manage to break out above that purple box then we can open long position to around 12.4 which is maximum range of this formation. If we will break out to the downside then we can short the ponzi til 6-8$ range :).
It is not a financial advice, I'm just sharing my personal view.
💡Don't miss the great buy opportunity in DYDXUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (11.35).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. DYDXUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
DYDXUSDT has rested support. It is showing two possible casesDYDXUSDT has rested support. It is showing two possible cases.
It may go down further but keep in mind it may retest here and bounce back again be ready and wait for the confirmation.
Thanks and happy trading.
DYDX is DTFLooking for a large risk/reward play here. If it holds 12.1 it's all to play for, if it doesn't oh well RIP. But a very good risk reward opportunity on this play to revisit the monthly
DYDX/USDT Wait for a Valid BreakoutDYDX/USDT Wait for a Valid Breakout
IT'S NOT FINANCIAL ADVICE
Follow me for more ideas.
dYdX (DYDX) Buy ZonedYdX (DYDX) Buy Zone
--------------------
BIAS
Mid-Term : Bullish
It is currently at the 2nd bottom support and if it holds above it, we might see a good upward move from here.
--------------------
$DYDX/USDT SPOT SETUP
Entry Price : 12.3 - 13.135
TP 1 : 14.175
TP 2 : 15.4
TP 3 : 16.2
TP 4 : 17.9
TP 5 : 20.25
TP 6 : 23.9
SL : 10.9
--------------------
It's time for DYDX24 hour trading volume is up 102.35% at
$557m while DYDX has a Market Cap of only $875m
Their next epoch is on December 21st giving us 18 days before 3,838 (at the time of writing this) more coins hit the market.
It's price has retraced 59% from it's high when first was listed on Binance and has bounced off it's support at $12 twice with a 44% gain the first time. I'm expecting it to break trend on this channel down and think we could easily see returns from 60% - 106% in a short in a short period of time.
DYDX is accumulating for next big pump although currently btc is in trouble, DYDX is accumulating strength to break through the limits.
soon ATH ? maybe yes.
DYDX DYDXUSDT DYDXBUSD
DYDX - Imminent breakoutDemand zone at blue box holding like a strong support,
Descending trendline was touched many times, a breakout here could be a right way,
Local target: $22,
Long term hold: $38, $54
DYDXDYDX tried to break above the falling trendline today but it failed. It needs to break above the trend line to give a bullish impulsive move. Upside targets are marked on the chart.
DYDX REVERSAL SOON!price has made a double bottom under the rend line after the break and retest of horizontal resistance and trend line we can look for longs.
Dydx 162% potential Hellow traders,
I wanted to post this trade to celebrate making it halfway through this week! If you’re looking for more check the tags on the post and follow along! I have had my eye on this one consolidating for some time now. DYCX had a nice pump of volume today indicating this bullish declining channel was ready to break out. Once this does break out you can assure that this stop loss will not be hit! I added targets for multiple other patterns such as the bullish flag, symmetrical triangle and the bull pennant I see on the chart. I am unable to show the whole chart on my mobile phone so I am adding this to the description so you understand where I saw these targets at.
As always, below is a fundamental description to better help you understand the project, where to buy it and some of its tokenomics.
PLEASE DONT FORGET TO LIKE AND LEAVE A COMMENT AS IT HELPS ME GROW IN THIS COMMUNITY! You’re the best!
Keep your mind in the charts and emotions for your loved ones, have a green week folks!
SAVVY
—————————————————————————————
FUNDAMENTAL ANALYSIS
DYDX Price Live Data
The live dYdX price today is $14.36 USD with a 24-hour trading volume of $528,367,130 USD. We update our DYDX to USD price in real-time. dYdX is up 13.60% in the last 24 hours. The current CoinMarketCap ranking is #112, with a live market cap of $930,554,746 USD. It has a circulating supply of 64,800,849 DYDX coins and a max. supply of 1,000,000,000 DYDX coins.
If you would like to know where to buy dYdX, the top cryptocurrency exchanges for trading in dYdX stock are currently Binance, Mandala Exchange, OKEx, FTX, and Huobi Global. You can find others listed on our crypto exchanges page.
To find out even more about this project, check out our deep dive of dYdX.
DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol.
DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.
