DYDXUSDT.PS trade ideas
Dydx equilibrium testBINANCE:DYDXUSDT
Today ill share with you my first video idea here!
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
DYDXUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır. Bu görüşler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.
dydx bull patterndydx is forming a bull pennant, t/a definitely is a hit and miss right now cause it'll all come down to cpi and fed in march. if cpi is terrible and data comes in hot this probably will not play out. but if data looks decent and shows deflation then this is very possible as btc could see 28k area.
DYDX is preparing for a big move to the upside!DYDX on the daily time frame is up trending with no doubt!
1st. After the considerable correction for the first time in 30 days, DYDX has managed to change end the correct buy creating higher high on 4H timeframe.
2. Now it the time for a small consolation that leads to creating a new hight on the daily and in this move it might reach the upper supply zone( marked on the chart) that will be a 100+% target. It’s far away! But if Bitcoin will reach 30’s this will be achieved in a matter of 30+ days.
This is not a financial advice. It’s my way of thinking based on my interpretation to the data on the charts.
First TP
DYDXUSDT Short (First time sharing my idea)Note : My ideas are not meant to be a financial & investment advice, Trade on your risk and your believes ;)
Please take in your consideration, I only trade for small profit between -$150/+$60 to +$300/+$500 a day 3 or 5 day a week (sometimes 2 days a week & some 7 days) it's depends on the market. so usually TP1 is enough to take all out.
About the chart, I don't use too many indicators only volume and a naked chart most of the time, but I know this coins moves.
So, I think after hitting the TP1 & TP2 it has good probability of about 70% to hit TP3, but before that happen we will see a pullback from TP2 to TP1. Then we will see the scenario.
Buying $DYDX First trade
Trade type AAA
Reasons for taking this trade:
- The 50 level of the swing low and swing high did not work. That is good, this because price is not expected to obey 50fib level but its supposed to go lower since large orders take time to be filled.
- Price is in an uptrend therefore taking longs makes so much sense.
- Price is at 3rd stage liquidity.
- Price surpassed the breakout and retest level hence the retest is supposed to happen. Price will have to go back to that level.
- 1HR Timeframe is closing bullish.
- NY open is here hence this will pump liquidity
Trade type glossary
Type AAA - Very Good
Type BBB - Nice
Type CCC - 🧐
DYDX/USDT Chart DYDX Coins' price of may experience a slowdown. It is important to note that the cryptocurrency market can be highly volatile and prices can fluctuate rapidly. It is recommended to conduct thorough research and seek financial advice before making any investment decisions.
It is possible that the price of DYDX Coin, currently at $2.925, may decrease BINANCE:DYDXUSDT in the future. As with any investment, it is important to consider the potential risks and to conduct thorough research before making a decision.
DYDX going for 5thFor Swing trader, I believe this is a very nice setup for you. It is bullish on every mid-long timeframe in this near term. Daily chart has been cleared and I am eyeing for the 200EMA of 2D chart which is in confluence with previous Resistance. Not only these 2 indications but there are a lot of other confluence as well that the resistance is a legit target, e.g. 50% fib of the previous high degree swing and a breakout pattern target (the breakout of double-top).
Even if you enter now, the R:R is still around 1.7. Since JAN, I mostly traded in swing as I don't have much time. I apologize for did not active much on publishing lately. I personally on this trade as well.