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DYDXUSDT

DYDX - Lost Case? Time to JUMP SHIP?👎🤔DYDX-USDT🤔 We've lost a key neckline support and until we can close ABOVE this zone again, I'd say the price is still bearish for the short term: Against BTC, I'm a little worried - no sign of strength here as the price stayed behind with the recent BTC ATH: To be honest, if the price drops lower than this trendline, I'll lose all hope on this coin: Now, some may argue that this is indeed a good time to BUY - and I cannot argue with that logic. I would, however, just advise to take caution. Reconsider the fundamentals when considering DYDX as a diversified part of your portfolio considering it has not been able to come even close to previous highs - demonstrating that there is an overwhelming amount of sellers vs buyers. _______________________ BINANCE:DYDXUSDT
Short
by CryptoCheck-
DYDXUSDT Elliott Waves Analysis (Investment Idea)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. (update) Everything according plan, we got downward movement in 2.3 - 2$ zone, im already in pos. Closest Targets: 3.3 - 5 - 7.5 - 11 Main(investment) target zone: 10-12$ RR: 1 to 10 Cancellation of setup - decreasing under ~1.1 notes: it's also possible to see 15-17-20$ targets, but for me it's speculative position and i will sell everything by 10-12$ It's not financial advice. DYOR!
Long
by trytofeelpositive
7
📈DYDX is going to retest then start rally📉BINANCE:DYDXUSDT KRAKEN:DYDXUSD Hello traders. I believe in DYDX, why? Because of this alt-season (before or after halving), DEX (decentralized exchanges) are going to be under more attention. The price has reached an important level and now there is a possibility that the price will return to the support zone. After the price reaches the specified support level, the price can return to the bullish rally. Below the level of $3.05, the scenario of a price return to an upward rally will fail. The divergence of the indicators is shown in the chart. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Long
by CrazyS
3
DYDX UPDATE (1D)The big A and B waves are over. Now we seem to be in the big C wave, which looks like a bullish diametric. We have drawn a box around large waves. If we want to focus on the structure of the big wave C, we are now in wave c of this diametric. Wave c of C is also a diametric, so now we seem to be in wave d of c. A bullish wave of e is expected to start from c soon. The green range is a very important support that DYDX has retraced. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis invalidation level : 2.699 For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
📈DYDX is going to retest or fall further📉 BINANCE:DYDXUSDT KUCOIN:DYDXUSDT Hello traders. I believe in DYDX, why? Because this all-season (before or after halving) DEX (decentralized exchanges) are going to be under more attention. right now, there are 3 scenarios in front of the traders. in 1 & 2, the price can retest the 2- or 4-hour Bollinger midline and then retest the lower level of the pitchfork. in 3, due to the heavy sell pressure, the price can sorely decrease below the 3.498 level. In that case, the bearish target would be $3.153. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Short
by CrazyS
3
⚡ DYDX Trade Setup ⚡📊 Analysis: Context: The Dencun upgrade on the horizon could introduce volatility in the ETH ecosystem. Technical Outlook: DYDX on the HTF is flipping old resistance into support, potentially leading to a move to new range highs around $6.80. Trade Percentage: Use a reasonable percentage of your capital, considering potential volatility. Buy Zone: Consider entering the trade around $3.80 - $4.20. Take Profit: Target potential profit levels at $4.50, $5.10, and $6.90. Stop Loss: Implement a stop loss if the price loses support of $3.60 on the daily chart. 🌐 Note: Keep a close eye on the Dencun upgrade and adjust your strategy accordingly.
Long
by Richtv_official
DYDX/USDT: Bullish Signals on the Horizon!The DYDX/USDT chart is showing two interesting technical indicators suggesting a potential uptrend: Double Bottom Pattern: This formation often precedes a price increase. Touchdown at 60-Day Moving Average: Support from this key moving average can signal a bounce. Potential Long Trade Opportunity: Based on these indicators, a long trade entry above the 60-day moving average (around $3.97-$3.98) could be an interesting possibility. However, remember, this is not financial advice. Target Levels: Here are some potential profit targets based on Fibonacci retracements: Target 1: Fibonacci 0.5 - $4.44 Target 2: Fibonacci 0.618 - $4.48 Target 3: Fibonacci 1.0 - $5.00 Stop-Loss Recommendation: Consider placing a stop-loss order below the double bottom's price range (around $3.75) to manage potential risk. Key Takeaways: This analysis highlights potential opportunities, but it's not a guarantee of future performance. Do your own research before making any trades. Consider using stop-loss orders to manage risk. By understanding these factors, you can make informed decisions about your DYDX/USDT trading strategy. Good luck!
Long
by Arash-RK