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.
DYDX is looking great on smaller timeframe and it's approaching main trendline on higher timeframe. If it will be strong enough to break above main trendline, i expect a continuation till $2.9 before retracing
#DYDX The price is moving below a descending triangle with a strong support area at 2.80 We have a downtrend that is about to break higher We also have a trend in the RSI that is expected to be touched It is expected to rise above the Moving Average 100 Entry price is 2.90 The first goal is 3.25 The second goal is 3.50 Third goal 3.83
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...
#DYDX The price is moving in a descending channel on a 1-hour frame This channel was broken upward with stability above Moving Average 100 Entry price 2.91 First goal 3.03 Second goal 3.11 Third goal 3.21
I think that the rally for DYDX is not over yet. I expect a continuation till at leat weekly resistance at $5/$5.5. A close above 3.94 will confirm the setup. Invalidation will be a break below $3.00
DYDX / USDT Price in accumulation for more than 600 days It tries to make new higher weekly close since Nov2023 (Still 24h before the closing) This one is testing patience but soon the move will worth all the patience
This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section The previous wave count of dydx and diametric was found to be correct, but the price did not reach the demand range of the previous analysis so that we entered the buy/long position. But now we have a good range to enter a buy/long position on...
#DYDX The price is moving in a downward channel and it has been broken to the upside On the 4-hour frame, we have clear upward momentum after some correction occurred We have support from the Moving Average 100 breakout Current price 2.77 The first goal is 3.00 Second goal 3.16 Third goal 3.40
As you can see in the image BINANCE:DYDXUSDT is currently forming the triangle pattern. in the next few days we can see the triangle pattern forming. The triangle formation is between the strong support and resistance. Support is around 2.5$ and resistance is around 2.8$. Most likely the triangle pattern break will be towards the resistance and we can see...
I haven't been posting as many trade here to tradingview due to time constraints. But here's one for you guys. My next pick goes to DYDX. You can see we have a breakout from a bullish triangle and a solid point of control just under us on the VRVP. I’ll target somewhere around the double-top area (4.14) for a 4/1 rrr. SL will be 2.93. My port weight is 20% on this...
It seems that we have a diametric diamond whose g wave remains. The green range is a low-risk range to buy. I specified the targets. I specified the invalidation level, closing a candle below this level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then...
Decentralised Perpetual Leader in the Making? An Outlook report on Perps Reliable-Beta play: DYDX Exchange as capital flows. Date: January 12, 2024 Overview: The DYDX/USDT pair, representing the token of the decentralized exchange dYdX on the USDT market, has been analyzed over a 3D timeframe on Binance. The data suggests a market that is highly responsive to...
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DYDX in bitcoin pair is in a good position to buy and it seems that it wants to make a big pump If Ethereum starts pumping soon, its ecosystem, especially dydx, will explode When do you think the profits of Solana and Avalanche ecosystem will come to Ethereum?
#DYDX Price moves in a perfectly symmetrical descending triangle The price is expected to break through the descending triangle to continue rising once the downtrend and Moving Average 100 break through. Current price 3.23 First Goal 3.61 Second goal 4.072
Dydx holding here can push back to highs or new highs. Possible channel reclaim can send it towards 4-5 and 6 levels. Longing these lows cuz RR from here is pretty much solid. Note: not a financial advise.