DYDXUSDT.PS trade ideas
DYDXUSDT 4H / SELL POSITIONAs you can see on the chart. The price is currently in its resistance zone and if the candle closes below this zone, we can conclude that it is highly likely for the price to first touch its bullish trendline, and secondly it could easily break the trendline and reach the support zone visible on the chart. Please also note that we've got a hidden bearish RSI divergence which could help in the formation of a bearish trend.
DYDX: Strong news = Strong coin💪While everything else falls, DYDX grows.
Why? As in most cases, when coin looks stronger than a market there are news that give it power.
If we check DYDX twitter we can see that developers announced something big, even tho, nobody knows what it is, this announcement was already enough to make it grow 30% , while BTC dropped more than 7% .
Will enter the position when price squeezes to the trendline on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
3% - 1/3
6% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
DYDX hit to target againHello, trading view community. Should you like this analysis please support with likes and comment your idea below the analysis. Thanks.
Never risk more than you can afford to lose.
Always DYOR
This is the way I did short on DYDX.
Stop loss: $7.257
Entry: $6.867
Take profit: $5.016
I expect a couple of days range for DYDX, and then may crash down, unless otherwise the trend of the market change into bullish.
This is personal idea and I am not a financial adviser.
DYDX ANALYSIS (2 WAYS) BULLISH#DYDX ANALYSIS (2 WAYS)
DYDX is on a downtrend forming a descending channel on a daily timeframe, it is yet to make a new low neither is there any divergence on the indicator for reversal.
The purple line also shows us that it breakout and retests hence reversal. Overall..., BULLISH
However, the Stochastic RSI is at oversold region signaling buy.
You can bag some at the support level and set a tight stop loss below it or wait for a divergence to occur.
DYDX ANALYSIS#DYDX ANALYSIS
DYDX is on a downtrend forming a descending channel on a daily timeframe, it is yet to make a new low neither is there any divergence on the indicator for reversal.
However, the Stochastic RSI is at oversold region signaling buy.
You can bag some at the support level and set a tight stop loss below it or wait for a divergence to occur.
#DYDX/USDT LONG TERM VIEW , 275% POSSIBLE !!Hello, members welcome to this DYDX/USDT 4hr chart analysis by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
DYDX/USDT looks bullish here, As we can see in the above-mentioned chart that DYDX broke the falling wedge pattern and retested.
In the current scenario, it's still trading at the green zone which is also the buy zone.
I am expecting a 275% potential rally in the upcoming weeks.
So we can hold it at the spot for upcoming 2 to 3 months for some good profit.
Entry:- $4.50,$4.90
Traget:- 275%
Stoploss:- $4.30
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
DYDX reached its targetsHello trading view community, should you like this analysis please support with likes and comments. Thanks
Never risk more than you can afford to lose.
Always DYOR.
DYDX reached to its first and second targets
approximately more than %33 within eight days.
The previous SL, entery and TPs are marked on the chart.
The next update coming soon.
This is personal idea and I am not a financial adviser.