Dydx
DYDX Declining As Per PlanDYDX is respecting our head and should setup from yesterday's IDEA.
I want to see price decline until 15.548 before i buy into the token again. Meanwhile Take note of the possibility to reach or exceed 14.500 , so plan accordingly by setting limit orders at that level.
Do not forget Stop loss.
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DYDX (1H) May see a Short Term DeclineDYDXUSDT (1H) may decline - please protect your investments.
You may sell your positions and re-enter after the HEAD and Shoulder Formation have played out (at our OB)
You can keep your positions open and add more at OB - The decision is yours.
Note: that it is possible that the move will not happen so i can not be responsible for any profit or loss you may incur.
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dydx 11-07 update>dydx is a gem 💸
this is a longer term swing for me.
i'm extremely bullish on dydx, been swinging it since it came to market not too long ago.
it is one of my favorite projects recently, and i do think it has a very bright future ahead of itself.
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from the day it came to market to the local peak, i could count 5 waves within this structure; so i am labeling the top at $27 as wave (1) of a higher degree.
wave (2) pulled back into the local golden zone (via linear scale), where some decent bullish divergence arose \ accumulation had taken place as demand quickly rose.
wave (3) target = $42
ps. daily macd is starting to curl up, i think we could see this run pick up some steam very quickly into the days\weeks ahead.
ps2. i am holding a large position from around $14, and i might even add some more if i see another setup along the way - keep an eye out for updates on this post.
It’s a freaking Canvas, and the painting hasn’t begun yetDydx is the dydx exchange(DEX) governance token, I think it has a lot of potential in the future.
Currently the price is stuck in a triangle pattern and the target for it is the top of the ascending channel.So it could hit $40 and even more.
Remember that DEX has a bright future in the market.
Double Bottom at DYDX 💰Analyzing DYDX we are starting to see volume kicking in right now. Looking very very nice for DYDX to start breaking that $18.
As soon as we break through the resistance this will be a major support.
In my opinion it's very likely that we will be hitting ATH in the next few weeks, but the first target would be around $22.
Keep your trading simple guys, have exit targets, protect your positions ...
DYDXUSDT , We should buy buy buy because ...Hello everybody
Are you ready to start this amazing week for trading ??
In here we have new token of exchange DYDX
We analysis in technical and fundamental view and i will explain it for you traders to understand why we should buy it
In technical view :
After the token was came to market for trading we had upward rally and the price is going up to 28$ , we need some rest and pullback for the price to buy , we shown on chart that the red zone is the zone we should buy and HODL DYDX
The other reason from the technical view is we have downward trendline and the price is compressing and after compressing its ready to jump to the targets that we shown and will shown on chart
In fundamental view :
DYDX exchange is the first DEFI exchange in USA wanna make futures trading and its so attractive for the traders for trading in future market in DEFI area
And ...
If you have any question about the market or any thing you can just send us a mesaage
Be with us and sleep comfortably
Good Luck
Abtin
#DYDXUSDT Does the price continue to correct or can it grow?DYDX is in its own falling channel. However, the price has reached a middle line and has the potential to reach the top of the channel.
Purple line is fibonacci extension Target.🟣
Red lines are support and resistance level.🔴
if you like it, share it with your friends.
enjoy it.
I WON’T SELL my bag, not just yet!!!Today we have dYdX/BTC to talk about
Easier chart to analyze than the USDT pair, as we can identify our support and invalidation area better.
The bearish momentum has been stoped a week ago, and the new bullish wave is around the corner!
We bottomed out, made higher lows, and currently broke out of this pattern with some massive green candles.
I am aiming for the 50 fibonacci level for the next stop,
The invalidation level for me is below the dotted line which creat a lower low on the chart.
Plus all of that above, we are holding the 21ema on 4hr chart which is also a very bullish sign.
So if we break below that ema and trend line, i will close my longs and sell my tokens, and maybe buy them back around $10.
My target for dYdX is still at $31;
This new protocol has a great future and I don’t think it just fades away so fast.
Do you hold any dYdX for this bull run? If you do, what is your target?
Share you ideas with me in the comment section
And as always, stay safe stay profitable ;)
BTC finds good support at 60k - VLOG #61BTC has been finding great support at 60k. We are starting to get lower highs on the 4 hour suggesting we could be in for some downside soon.
As price gets squeezed between 60k and lower highs it increases chance of a significant move up or down.
I've been wrong on major trend reversals at these points a couple times the past few months, but again, I can only really read it one way.. i wouldn't buy up here, price often comes down after highs like these, so I'm tipping for correction.
PREDICTION = 60k breaks, back into the 50s.
Some other ALTs I glanced at today were LSS, STEP, VRA, SLP, DYDX, DOT and KSM.
=== TimeStamps ===
0:00 = Welcome
0:30 = BTC 1 day
1:20 = Big candles
2:00 = 4H desc triangle
4:00 = Bearish pattersn are now bullish?!
5:15 = cryptopanic news
6:50 = Sideline money leave again?
9:00 = Dont buy tops
9:45 = CoinMarketCap alts
12:50 = Traditional markets
15:00 = LSS - Lossless
15:20 = STEP
16:00 = VRA - Verasity
17:00 = SLP
17:20 = DYDX
18:20 = DOT + KSM
19:30 = Closing words
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NOT FINANCIAL ADVICE, please don't trade off solely my ideas. Always do your own TA and develop your own convictions.