Dydx price targets before unlock BINANCE:DYDXUSDTPERP
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Watch this potential plan before unlock coins at the beginning of February
Possible Targets and explanation idea
➡️We trade over 230 days in an accumulation range.
➡️Before massive unlock coins at the beginning of February whales can pump #DYDX because they need liquidity to sell
➡️On weekly chart we formed 2 bottom and targets is 0.5 lvl and 0.78 lvl
➡️ After this level and unlock we can see pull back down again to main support level 2.70 - 2 $ per DYDX
➡️ Most hyped price when we can see FOMO on DYDX is 10-11$
➡️ Its just local picture for middle term targets
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DYDXUSDT.PS trade ideas
Two scenarios are clear to dYdXHello, I really think that currently none of the other cryptos have a clear trend like dYdX.
You can see in the chart that the price of dYdX is now in a very strong support area and we cannot consider more than two scenarios for it. You can enter the trade easily and with low risk by placing a stop above or below the specified area
The first scenario seems to happen sooner. Of course, I predicted it a few days ago, but I couldn't share it with you because I was busy.
I hope you always make good profits. Please share with me if you have any comments
Expecting Upside Breakout and then 20-40% drop If the CEX FUD continues next week then here have opportunity for these DEX platforms. And another thing is 1% of DYDX tokens unlock in next 20th . So I believe some short bearish trend after that. But please don’t enter short positions with out getting confirmations. #DYOR #NFA
BINANCE:DYDXUSDTPERP
DYDX weekly double bottom. TargetsBINANCE:DYDXUSDT
Before massive unlock coins at the beginning of February and by this pattern we can see huge rally and FOMO on this coin
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Thank you.
Possible Targets and explanation idea
➡️Weekly timeframe perfect double bottom. With 0.01$ beat previews high so it shows the future direction
➡️Beginning of February massive unlock coins from early investors and funds. We can see fake hype around before unlock
➡️Fib since drop in April still relevant
➡️Targets 0.5-0.618 lvl by Fib and 1.618 to bring FOMO
➡️After this targets Im expect drop one more time down to 3-2.70$ around March
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
• Look at my ideas about interesting altcoins in the related section down below ↓
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DYDXUSDTDYDX just finished downside and breakout from the triangle trend. Now DYDX retesting on the breakout trend line and I can feel it may finish upside by clearing mentioned targets. It was performing in really good manner before FTT crashed so I hope it will perform its best.
PLESAE NOTE: Kindly manage your risk! This analysis is based on the chart trend, pattern, EMA & RSI . This is only for the education purpose.
DYDX swing trade setupBINANCE:DYDXUSDT
Local Swing Trade setup before FED hike rate in 14 Dec
✅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.
Possible Targets and explanation idea
➡️Local fib since top Higher High and double bottom on Weekly timeframe
➡️Correction to 0.78 level (there under this level people add stop losses) 1.60$ there we got signal to buy on TradeOn indicator
➡️We can keep this impulse and test 0.38 lvl to 2.12$ and trade in upper part of downside channel
➡️Than we can grab liquidity at 0.86 lvl and bounced from this level around 7-10 December before FED decision
➡️Or earlier going out of channel after break out 0.5 lvl
➡️Middle term target 5-6$ for DYDX still relevant
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.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!