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DYDXUSDT

DYDX – perfect setup!Hello, everyone! Let’s continue analyze altcoins. Today I found for you the asset with the perfect Elliott waves formation. I will show you evidences that this formation is valid, thus we can be confident in potential trade setup. On the 4h timeframe DYDXUSDT chart we can see the clear picture of 5-wave Elliott formation. Wave 1 had the price correction exactly to 0.61 Fibonacci retracement zone, after that the wave 3 was extended and was finished at 2.61 Fibonacci extension. Taking into account wave 2 have been ended at 0.61, wave 4 have to be finished at 0.38, that was the case. Wave 5 finished at 0.61 Fibonacci extension in conjunction with the divergence created the condition for whole Elliott wave cycle end. Now DYDX is in correction ABC. Wave A have been already ended and wave B is forming. 0.61 Fibonacci retracement is the target for the wave B ($1.50). After that we can wait for the wave C. The target area for wave C and whole ABC correction is the 0.618 from the 5-waves cycle. I am going to enter long position at $1.35. Best regards, Ivan ________________________ Guys, if you like my trading ideas, please support me with your boosts and comments!
by Skyrexio
8
🔥🚀$1.80 is a min target for long on DYDXHi, friends! Put on the watchlist this altcoin because the huge breakout might happen soon. Now the price consolidating below the key level of $1.58 and i think will be broken up soon. 📊 Preconditions to open a long: 🔥 squeeze to the $1.58 key level 🔥 huge whales BUY orders which support the price and don't let it fall down. I check it by using DOM and Footprint scalping tools. 🔥 bullish BTC 🚩 I highly recommend to pay your attention to the false breakout when the price reach the first closest value area. I will book 100% of profit if the false breakout happen and try to find the best entry point, of course. ✅ My targets for DYDX: 1. $1.79-1.85 - the closest resistance and value area 2. $1.98-2.13 - the important value area and even number 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
1
DYDX PUMP Imminent...The DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom. The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22. At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars. - But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70 - The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again. - Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD Trading is fun, don't lose money trying to make money. Invest Wisely and Responsibly.. Traders with $1000 and above can send me a message for 15% profit within two weeks..
Long
by ceoatumah
400% growth DYDX price is real, but there are several conditionsThe DYDXUSDT price is starting to show "signs" that buyers are trying to push it off the bottom. The downtrend has been going on for exactly a year, at the beginning of last October the price high was set around $28 for DYDX, and the low was $1 on June 22. At the moment, the medium-term target for the growth of the DYDX price is in the range of 6-7 dollars. - But before that, DYDX buyers need to break through the red downtrend line and fix the price above $1.70 - The next important stage that buyers and enthusiasts of DYDX will need to overcome is to break through and consolidate the price above $3. It will be difficult and at the same time very important, because $3 was the starting point of DYDX trading and this is a kind of psychological breakthrough and belief that the price can grow again. - Only after these two conditions are met, it will be easier and more encouraging to think and believe in growth to $6-7 for DYDXUSD. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
25
$DYDX - Bulls breaking FALLING WEDGEHello my Fellow TraderZ, Few days ago I made an analysis on $DYDX ranging inside Descending Channel Pattern on 4 HTF. Although price gave a Fakeout and create a Double Bottom and again came back inside the channel and breaking upward of the channel. BULLISH DIVERGENCE is still valid + Price is trying to come above the EMA 55 on 4 HTF + Breakout Volume is Pretty good enough. Also look on DTF, #DYDX is forming a FALLING WEDGE Pattern which is generally Bullish in nature. For strong confirmation look for the daily close above the Wedge and the Resistance area of $1.30. TP 1 : $1.41 TP2 : $1.52 SL : according to your own R:R Note : never underestimate #BITCOIN which could ruin the Party. Happy Trading Fam. CHEERS!!!
Long
by TRADER-GOKU
$DYDX - BULLISH DIVERGENCEHello my Fellow TraderZ, Today we'll be talking about $DYDX. We all know #DYDX is a Decentralized Exchange's native token. One of my favorites for the long term portfolio. Here we see that in the recent pump price got rejected by the High Confluence Zone(containing TL1 + DESCENDING CHANNEL TL + HORIZONTAL RESISTANCE) and now back to its SUPPORT once again. Clearly a BULLISH DIVERGENCE on 4HTF is easily visible and I personally very excited to take this Trade. Ofcourse we should not overlook #BTC as it is heavily co-related to SPX500 which is itself in bearish pressure due to FED's Hawkish Rate Hikes. But still keep $DYDX in eye .
Long
by TRADER-GOKU
Is DYDX the top investment?DYDX is the top exchange among DEX, the largest volume of all DEX exchanges today, together with uni, it showed one of the largest bounce among the top coins, which is a very positive signal for all coins of dex exchanges and in the future, with the next growth waves, DYDX and UNI should show a good profit. Now we see how DYDX is forming a possible bullish wedge and if the market does not show a sharp drop and DYDX holds the key level of 1.5, then we can consider longs when the bullish wedge is broken and fixation above the level of 1.64 with potential targets of $2, $2.5
Long
by razumcapital
DYDXUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for DYDXUSDT Here we have R3 and R1 as our resistance areas that both represent the disability of the price in order to rise. R2 used to be a support area and S1 is our support area at the bottom of chart. Presently, we have the fluctuation of price below R1 and we predict two options will happen for it. Either it will give us some rising signs and we observe the rise of price over R2 and up to R3. Or the price will lose the support at the current point and will experience a decline toward S2. Note that the confirmation candles must be taken into account for logical trades. 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
by MarsSignals