🔥162% OF PROFIT: $1 IS A BEST PLACE TO BUY dYdX AGAIN
🔥 Hi friends! dYdX give us the opportunity to make a huge profit several times. The last one was during the test of $2.7 key level as the support. The price fall for 62%. So you can make a huge money even without leverage.
The main reason for this fall was the Binance FUD and now the FTX FUD. Blockchain data shows that Alameda Research (SBF/FTX fund) swapped their altcoins for Bitcoin using mixers.
Since Alameda is a big holder of this altcoin, the risk that they will sell and push the price down persists. That is why the price is falling today.
🚩DYDX HAVE A THIRD PLACE AT ALAMEDA PORTFOLIO
📊 TRADING PLAN FOR DYDX
Now the price almost reaches the lower boundary of the channel which is strong support for the price. Here we can open a trade with 2 targets that I point out later.
The preconditions to open long:
1. the false breakout of the channel's lower boundary
2. sl collection below the $1 key level (a lot of liquidity for the whales)
3. bullish BTC
4. volume growth at the bottom
🚩Friends, remember that we open trade only if a false breakout happens. Let the price fall lower if it does not close inside the channel again and wait for the next opportunities.
✅ MY TARGETS FOR DYDX:
🔥$1.7 - the mid if the channel
🔥$2.7 - the top of the channel
Friends, do you believe in this decentralized exchange growth? Wrote your thought about DYDX in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
The main reason for this fall was the Binance FUD and now the FTX FUD. Blockchain data shows that Alameda Research (SBF/FTX fund) swapped their altcoins for Bitcoin using mixers.
Since Alameda is a big holder of this altcoin, the risk that they will sell and push the price down persists. That is why the price is falling today.
🚩DYDX HAVE A THIRD PLACE AT ALAMEDA PORTFOLIO
📊 TRADING PLAN FOR DYDX
Now the price almost reaches the lower boundary of the channel which is strong support for the price. Here we can open a trade with 2 targets that I point out later.
The preconditions to open long:
1. the false breakout of the channel's lower boundary
2. sl collection below the $1 key level (a lot of liquidity for the whales)
3. bullish BTC
4. volume growth at the bottom
🚩Friends, remember that we open trade only if a false breakout happens. Let the price fall lower if it does not close inside the channel again and wait for the next opportunities.
✅ MY TARGETS FOR DYDX:
🔥$1.7 - the mid if the channel
🔥$2.7 - the top of the channel
Friends, do you believe in this decentralized exchange growth? Wrote your thought about DYDX in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Comment:
🔥 Hi friends! dYdX +200% from the entry point. It was the best entry point even for the spot purchases. It took only 2 months to double deposit.
Friends, volume grows at the top. Not good for the bulls, actually.
Friends, volume grows at the top. Not good for the bulls, actually.
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Now I recommend you book at least 50-70% of the profit because the main crypto BTC isn't in the best conditions.