I plan to close my position in Dydx soon, aiming to secure my profits within the green box, which represents a supply zone.
DYDX Very Bullish. Breakout of Trendline Breakout of MA Breakout of Volume DCA forever
#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 am shorting DYDX because it is rejecting the trendline I drew. I am aiming for a 1 to 1.4 risk-to-reward ratio.
Breakout above $2.5 range and reclaimed ceiling as support. Looks even better above 4.45 Sned
H1 : after the correction of the previous wave, which corrected 23% of the previous wave and exited the output channel. it can now have a short-term upward rally after the pullback to the broken structure to the resistance range of entering the sell position of the previous post. If confirmed in the green box, you can enter the purchase transaction. In addition,...
Hello traders, I am expecting a ranging between the Orange order block which is considered to be Premium zone, and the blue oB... and then a Liquidation upward, then a dump towards the green zone (2.775 - 2.900) Trade carefully and always move your SL to Entry Point... enjoy trading <3
The price of Dydx is currently on an uptrendline, indicating a favorable opportunity for a long position. It would be wise to set a take profit level at the supply level located above in the green box.
DYDX, observed on the weekly timeframe, is currently trading within an ascending channel. The price action reflects a consistent pattern of liquidity absorption, oscillating between the upper and lower bounds of the channel. This liquidity-driven movement suggests a recurring behavior of price navigating from one liquidity level to another. The anticipation is a...
DYDX is currently in a bullish trend, printing higher highs and higher lows. There are no signs of RSI divergence and hence according to Dow theory the trend is expected to continue further. Targets are mentioned on the chart.
DYDXUSDT is currently in a bullish trend. Price is forming a bullish flag pattern, indicating a potential continuation of the uptrend. The pair is finding support at the 50% Fibonacci retracement level, adding confluence to the bullish bias. What you guys think of this idea ?
DYDX Has Been inside a Trading Range For Almost 1.5 Years. Based On Many Reasons, I Believe, DYDX Will Explode in The incoming Weeks. 1- Blue Lines indicate Bottom And Top Lines Of Trading Range. As You Can See, The Price Engulfed Completely The upper Line To The Upside, So The Major Sell Orders On This Level Filled in 2023. After That, Price Went into the...
The price has reached a significant resistance level. I am planning to sell at this point and take profit below the low of the 4-hour timeframe. I will also consider taking partial profit at the greed box.
There is a divergence on RSI also engulfing candle stake is a confirmation for long position please follow and support for more
Dydx is rejecting a significant resistance level, indicating a potential downward movement. If I reach my entry level, I will initiate a short position and establish a profit zone based on the lows.
1. Current Price and Blocked Order Zone: The current price of DYDX/USDT is at 2.86, within a blocked order zone. This zone signifies a crucial area where buying and selling orders are concentrated, suggesting a potential equilibrium between buyers and sellers. 2. Importance of the 2.86 Zone: The 2.86 level is identified as a significant support or resistance...