DYDX 50 SMAAnother view, looks like it’s within the wedge pattern, testing resistance, and flirting with the 50 day MA (red MA line)
DYDXUSDT.PS trade ideas
DYDXDYDX looks like it lagged because it was under a tight bound of moving average lines, making its way out I can also see a nearly 2X move to next major resistance
DYDX AYAA??DYDX AYAA??
This is a personal analysis
This is by no means a financial recommendation
#AYAA
DYDX AYAA??#DYDX AYAA??
This is a personal analysis
This is by no means a financial recommendation
#AYAA
DYDX uptrendHello, trading view community, should you like this analysis please support with likes and comments. Thanks
DYDX had a very long downtrend just like most of cryptocurrencies and tokens, any how, it started another trend inside its downtrend channel which resulted in breaking out the upper line of the channel, since its movement started from bottom line of the channel it may crash down inside the channel again, unless otherwise, BTC starts a new strong rally in its new $44k zone, which will cause a strong rally in total market of course the total market cap of the cryptocurrencies again jumped over $2 trillion, which is andother good sign for market.
Anyway DYDX after this break out may form a pullback then starts its journy toward upper resistance zones which have been marked with blue lines and pivots have been done as well, DYDX started from $4.23 support and if all goes well, it may hit to $7.14 & $8.93 respectively in shortterm.
# Never risk more than you can afford to lose.
This is a personal idea and I am not a financial adviser.
#dydx. Altcoins looking good.#dydx. I am waiting for this move, after breaking trend line. Here we see triangle, so we can expect at least 10%.
DYDXUSDT , Will it end its downtrend?DYDX has not been able to perform well in the last two months and is stuck in a Neroli trend. Is it time to end this downtrend or is it not time yet?
DYDX ; Head and Shoulderwe will see a bullish pattern for DYDX.
The important price for pattern approval is 8.5 $ as neck line.
The first Resistances : 6.90 to 7.15 - 7.9 - 8.3 to 8.5
DYDXUSDTperp, 15m, binance scalpingentry: 5.69
stop loss : 5.499
tp: 6.22
Enter the position if you see recurring candlesticks on the dynamic support area.
Good luck
DYDX - Daily BIASDaily Analysis on DYDX
Saw a parallel channel and waiting to react to our support level on 5.359 but if breaks, 3.79ish next support connecting to our parallel.
Rally in dYdXHello friends!
In the DYDX chart as you can see,
The price is forming a rally on the downtrend line,
Can that level be tested again,
Or is it possible to climb from here?
Thank you for your support!
Good luck!
Dydx/USDT Wait For PullBackas you see in the chart dydx has one breakout from this bearish trendline. we have to wait for PullBack to get a long position.
DYDXUSDTnot yet...if break out blue LINE ..In pullback back to the midline ...attractive for entry ..... Good luck
DYDX Short | BinanceTrend analysis for DYDX token on binance future. you can open position when rebound from support trend line
DYDXUSDT_WXY_completedAre we seeing a completed WXY? WXY that is two zigzags connected by a running flat? In this case, as per this count, if ... if ... we don't renew the local high, we could see some down movement and renew the ATL possibly.
Dydx has broken a long term resistance.This trendline has acted as resistance for a very long time. A good buying zone might be the retest of this trend line for a long position.
DYDX_USDTdydx is breaking trend line in log scale , if break this trend line , can move to 0.382 fib level , wait for higher low for entry to this gem coin .
trade safe with stop loss and money management.
DYDX H&SHello friends!
As you can see in the chart,
DYDX forms an inverted head and shoulder,
Can it approach the downtrend line?
What do you think?
Good luck!
DYDX bucked trend...for now, just a laggard?The analysis is simple here, on a night the asset class got slaughtered once stood tall, but will it fall?
Viewing this on one hour and technical analysis only it appears that it will follow its class mates.
I will keep this updated throughout the day.
Also view the 4 hour chart for a look at how DYDX bucked the trend.
Also view the linked ideas on BTC to better understand how we came to this point.
BINANCE:DYDXUSDT
DYDX 5 EWT count invalidatedMy original thesis of a 5 EWT Count starting on January 19th was invalidated once wave 4 dropped below wave 1.
New and improved Thesis! Waiting on what the price decides to do with the Golden pocket, as seen on 1H and 15M charts.
On the 15M chart, if the price breaks above 0.618 (~ 7.267) level with strong volume and is supported by either side or up movement of the BTC price, I'll consider a quick Loong position, targeting:
Long Target 1 = 0.5 Fib (~ 7.479)
Long Target 2 = 0.382 (~ 7.691)
If the price decisively breaks below S1, I'll consider a quick Short position, targeting:
Short Target 1 = ~6.959
Short Target 2 = ~6.691
Looking at current BTC situation, a good Short position is more likely, imo.
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
FTX:DYDXPERP
BYBIT:DYDXUSDT
