DYDXUSDT
$DYDXdYdX, a decentralized exchange (DEX), lets cryptocurrency traders access perpetuals, which are a form of derivative. A derivative is a financial product whose price is determined by the value of another asset, and derivatives in the cryptocurrency market take value from the prices of various cryptocurrencies. Using your Ethereum wallet as your dYdX account, you trade futures linked to cryptocurrencies including Bitcoin, Ethereum, Solana, Doge, Avalanche, and others.
This platform is on fire, and it’s worth warming your trading paws at the blaze. On two days in late September, dYdX recorded a trading volume of $19 billion in crypto transactions in contrast with Coinbase, which processed just $6 billion in crypto transactions during that time.
Excitement for this DEX is growing and with it an active user base that Juliano expects will accelerate growth into 2022.
It’s a bandwagon you might consider hopping on.
DYDX currently broke out of its downwards channel and its pretty much holding onto support on the daily chart.
If previous resistance now acts as support you could see this continue up.
Keep this on your watchlist.
- Factor Four
DYDX/USDT - Potential 84% SetupHello Traders!
The DYDX completed the correction, the price returned to the trading range of $11.68 - $14.00.
At the moment, the price is testing the downtrend and trying to consolidate above the resistance level of $14.00
You may consider purchases between $13.05 & $14.25
It is better to place a stop loss below the level of $11.68 near the level of $10.50
Targets will be price levels of
$18,00
$21,45
$25,90
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
DYDX/USD - About to EXPLODE! Bullish Cross! 🚀🚀🚀If you are looking for a sexy coin, DYDX is certainly in the top 3 right now.
After a significant correction (>50%), DYDX did the second BULLISH cross on MACD moving averages on the daily timeframe. If this is the lucky cross, then DYDX is about to start a massive rally.
The first test for bulls will be found at $15. Break that, and this baby will RUN.
Bias is somewhat bullish, but DYDX has to crack this resistance and break above to turn FOMO on.
If not, then DYDX will consolidate further and a buy/entry around $11 support would be quite good I'd say.
Like and follow if you liked my idea!
DYDXUSDT Falling Wedge Pattern!!DYDXUSDT (12h chart) Technical analysis
DYDXUSDT (12h chart)Currently trading at $14.4
Buy level : Above $15
Stop loss: Below $11
TP1: $18
TP2: $20
TP3: $24
TP4: $27
Max Leverage 3x
Always keep Stop loss
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DYDXUSDT , Exactly our buy zone area works :D :D :DHello everybody
According to our last analysis in correction wave we shown on chart buy zone area that can work and support the price
We wanna publish this idea last night but we got alert from the tradingview team that we only can publish 10 chart in a day
And this happend and we can publish this amazing situation for buying for you traders
At this time because of the movement of the candle its not good time to take in position but if you wanna have dydx in your portfolio or ... you can enter in position after some correction
Previous analysis :
Dont forget manage your position
Good Luck
Abtin
Buying #DYDX hereBINANCE:DYDXUSDT BINANCE:DYDXBTC Buying #DYDX here.
You can buy in usdt as well.
Now in double bottom formation. We are expecting big move up anytime soon. Chart looking bullish for now. Volume growing up slowly. We have detected unusual buying activity in it. Worth buy for short term and mid term profits.
Targets : 23200,26400,32000,39000
Targets usdt : 13.70$,16.90$,21$,28$
Stoploss 18% for both pairs