DYDXUSD is on a strong green candle on the 1D time-frame that hit the 1D MA50 (blue trend-line). A break above it will make a strong reversal case on the long-term as after that, the last barrier to break would be Lower Highs trend-line 3. Basically this is a bullish reversal on its last stage as we can claim that since February 24, DYDX has made a Triple Bottom...
#DYDX/USDT LTF update:-
$DYDX current price is $5.58
$DYDX gave 30% from our entry.
-10% down within last 24 hours.
$5.60 is good support in LTF.
If hold this support then Good otherwise price can test Support 2 level.
Rejected from Strong resistance level $6
Two Major support levels:- $5/$4.43
Bull Zone activated above = $6.30
I checked it in the multi-timeframe.
The price has in pullback and exists another support zone 8.1-8.3.
I think it can go up from these areas and could take 20-40% profit.
Resistances are clear.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
dydx is a solid exchange, one of my favorites.
but because it is so new, market maker is going to try to do their best to get the best possible deal before they run this bad boy up into the heavens.
once btc completes this larger frame correction, dydx will be one of my top picks.
longer term target for this gem sits at around $100, but not before a...
DYDX Analysis Head & Shoulders possibly still playing out. It seems to drop at every potential shoulder downward. I'm going to bet it will put in a higher-low from the support way below to correct from the Head and Shoulder pattern.
A second attempt to guess DYDX with few data on sight. My previous chart missed the trajectory and I wouldn't say this chart has a high reliability. Let's see how time unfolds on this one
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line...
There is not other choice for XDXY than break the pressure coming from the triangle.
It is currently a relative good buy having into consideration that many coins had an excellent performance since last august.
XDXY is at the base of a clear channel and it needs to cross to levels.
The coin will double up from the current price if it reaches the $31 mark.
This is my first draft of DYDX curved channel.
Looks like it's about to begin a BULL run. I'll keep this one simple for now, but my attempt was to convey the bottom price for it.
Given that there is not much historical data, this was the best I could draw.
This is a curved projection channel created upon a bounding box. The chart is presented...
DYDX is finishing 4th wave. as long as wave 3 has not reached to 1.618 wave 1, therefore we should expect that wave 5 is goinig to be extended and it shoud reach to 1.618 wave 3. in that case I would set my target to 80$!
Have done the smaller counts confirming the wave 1, sure we might dip below our wave 2 marked (this will change the targets) but if we don't assume this is still in tact, Price can also overshoot targets a lot these are minimum.