Let's delve into the technical analysis of the DYDX/USDT daily chart: Price Action and Structure: The DYDX/USDT pair is currently exhibiting a bullish consolidation pattern, which is evident from the series of higher lows formed since the price marked a strong support level ('T'). This type of pattern usually suggests accumulation by traders, implying potential...
💎 Paradisers! Keep your eyes on #DYDXUSDT as it shows promising signs of a bullish continuation from the demand zone. 💎 Our detailed analysis of the price action indicates that #DYDX is closely adhering to a descending channel trajectory. We anticipate that the price will soon break above this level, likely when it reaches the demand zone at $1.650. If it...
currency Dydx It is ready for a big growth in weekly time , the future price target will be $6 and $12 , suitable for holding.
DYDX has strong support at the $2 level and is currently attempting to break out of its short-term downtrend. If this breakout is confirmed with increased trading volume, price targets of $2.14 and $2.20 are achievable.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here are 4 Altcoins that I find interesting from a technical analysis perspective: 1️⃣- KUCOIN:DYDXUSDT DYDX is currently hovering around the lower bound of the rising channel marked in blue. As long as the $1.8 demand holds, I will be looking for trend-following buy...
Not much description is needed. The kind of chart I like to see, draw and trade. The log target is certainly achievable! When? Idk. Could get there by the early summer.
Dear Traders, We are convening a discussion focused on #DYDX BINANCE:DYDXUSDT The Trendline Breakout Has Already Done in Shorter Time Frame ✅ In HTF, Moving in a Channel So,I am Expecting a Bullish Move of 50% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins...
We are waiting for a breakout on the 4h timeframe from this wedge on DYDX. A few alts are showing this behaviour and we'll look closely at their pa if they make a lower local low, it could be the perfect entry. Regardless, we are looking to swing trade DYDX to the 2.7$ level minimum. The closer we are to 1.7 the easier it is to strategise and minimise...
🔍Let’s dive into today’s analysis. Yesterday, Bitcoin had another upward movement, reaching as high as 72,000 but failing to stabilize above that range. It is currently resting around the 71,000 mark. Besides Bitcoin, Ethereum also saw significant growth, pumping 18% due to rumors of an Ethereum ETF approval. Several altcoins related to the Ethereum blockchain...
Dear Traders, We are convening a discussion focused on #DYDXUSDT The Assending Channel Pattern is Formed Also its on a Support and It will bounce back In Case of Successful Breakout, Expecting a Bullish Move of 210% 🚀 Regards: AnnaTradeCharts #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC ...
📊Analysis by AhmadArz: --- SELL 🔍Entry: 1.957 🛑Stop Loss: 1.984 🎯Take Profit: 1.942 - 1.917 - 1.893 ---BUY 🔍Entry: 1.889 🛑Stop Loss: 1.848 🎯Take Profit: 1.926 - 1.962 - 2 - 2.042 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial...
#DYDX The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it We have a green support area at 1.76 that is expected to be bounced from due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the upside...
🔍Yesterday, Bitcoin was rejected at the 63,200 resistance level and remains within its trading box, potentially heading towards the bottom. As Bitcoin dominance continues to rise, altcoins have suffered more, with many breaking through their support levels and continuing to decline. One such altcoin is DYDX, a DeFi token that allows users to open long or short...
💎Paradisers, #DYDX is navigating a descending channel, poised for a potential breakout. 💎When it breaks from the channel, we'll observe a retest to confirm the move before executing our strategies. This retest is vital as it verifies the bullish momentum. If #dYdX secures the support at $1.85 and ascends then our sights are set on the resistance zone we've...
Antonio Juliano, the founder of dYdX Trading Inc., has stepped down as CEO of the decentralized derivatives exchange. The change was not sudden to the internal team, employees, or stakeholders, but had been in discussion. Juliano stated that the SEC has not taken action against dYdX Trading and that he is not expecting a Wells notice. Juliano had experienced a...
Waves C and D that you see on the chart are related to a large diametric pattern DYDX appears to be at the bottom of wave D and is making a reversal pivot By maintaining the green range, it can move towards the targets The least risky range for entering buy/long positions is the optimized range Closing an hourly candle below the invalidation level will violate...
🤔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,...
DYDX's price action has breached the daily supportive trendline and concluded its pullback, signaling a strong likelihood of further descent, potentially reaching the $2 level as it enters a downward trajectory. Keep an eye on this space for updates.