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DYDX / TETHER Standard Futures

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DYDXUSDT.PS trade ideas

DYDXUSDT | Is it time for a correction or will growth continue?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Friends, I take another altcoin into account, I have been following this coin for a long time, but I didn’t buy it, to be honest, I didn’t expect to see such a strong growth from the old man. A little description for those who see this project for the first time: It is the most popular decentralized margin trading platform with a peak value of over 150.000 ETH (which was over 2019 million dollars at the time) closed on its smart contracts in November 2020. As of April 500, the platform has sold over $500 million. Now you understand where the Margin on your huge shoulders comes from :) So, let's get closer to speculative positions, I decided to open a small short for literally 1.5% of the deposit. Deal plan: I will place limit orders as usual, because the withdrawal may continue. Entrance - 2.950/3.100/3.150$ Stop set $3,450 Teiki will be updated. The transaction is carried out with a leverage of 1X minimum risks on altcoins guys;)
Short
by DanilBlinkov
DYDXUSDT Triple Bottom!What is the triple bottom? The triple-bottom reversal pattern has three roughly equal lows and indicates an opportunity to take a bullish position. Before the triple bottom occurs, the bears are usually in control of the market, forming a prolonged downtrend. The first bottom does not indicate anything out of the ordinary. Still, the second and third bottoms show a change in direction where buyers (bulls) may push the price action higher after the price breaks through the resistance. Dydx is currently trading at 2.89 The DYDXUSDT has broken its triple bottom resistance line after 8 months of ranging market, indicating a strong bullish sentiment. and you can see high trading volume in the daily chart, expecting a potential up move. Thanks Hexa
Long
by HexaTrades
4
Long Entry at Channel Bottom for dYdXGreetings, Snipers! DYDX has dropped >95% since its peak in 2021 DYDX is currently at the bottom of its channel range at $1.00-$1.20, with previous strong retracements This may draw a potential sideway channel or a triple bottom pattern The $1.00 level is expected to be a strong psychological support $2.30 - $2.70 have posed to be a strong resistance level In the shorter time frame, we can trade this channel: We can take a long-entry now, at $1.00 - $1.10, and sell at $2.30 for a Risk-Reward ratio >5 (SL at $0.84). Please be mindful that Bitcoin is on the verge of breakout of its continuation pattern to the downside, so manage your risks well! Happy Sniping!
Long
by KryptoSnipers