This is next generation decentralized exchange coin has a big potential for massive growth. As the hyperbitcoinization is happening all over the world some goverments fighting against the crypto. As we know China banned BTC again. It was probabyl 40 times :D :D
So traders and crypto investors are moving to the decentralized exchanges as the DYDX. I expect big...
DYDX gives 0 f*cks about market conditions. If I were expecting more upside (which I am) I'd be looking to accumulate in the red demand zone down to $16 with profit targets of $29, $31 and $33. May take a week or two of accumulation after a pullback, but its debatable how low we will go since everyone on Twitter is talking about it, volume has gone crazy, and last...
DYDX – Moonshot to $50?
There has been plenty of talk about DYDX lately, and for good reason.
-EMAs have crossed up
-Price has broken through resistance and retested the area, flipping it to support.
-RSI is increasing
-OBV has broke through resistance
-Price is in discovery so we will use fib extensions to generate targets
DYDX is forming a nice wedge, bouncing off of higher lows. Fundamentally speaking, this project is strong with trading volume and liquidity knipping at the heels of centralized exchanges. DYDX could be the most asymetric play in crypto given the macro factors at play like increasing regulation and limited options for leverage. Even with BTC dumping DYDX has...