💎 Paradisers, #DYDX has absorbed liquidity from the supportive trendline of the ascending channel, which increases the probability of a bullish move from here.
💎 It's also showing a Break of Structure (BOS) towards a bullish market structure and hasn't closed below the demand and Bullish Order Block (OB) zone, which demonstrates the strength of the bulls.
💎 If...
💎 DYDX is currently displaying a bullish market structure and forming a cup and handle pattern, which suggests an increased likelihood of a bullish move.
💎If DYDXUSDT breaks above the resistance area, we can anticipate a bullish movement towards the next resistance level. In the event of a pullback, we can anticipate a bounce from the bullish OB. Confirmation of...
dydx seems to be going big as total cash inflow has surged and the chart shows a bull flag breakout , also the recent trends suggest that defi tokens/coins are getting attention after a rally of AI based coins .
If btc doesn't dump and the BTC dominance decrease os consolidates then we can see dydx going BINANCE:DYDXUSDT 4-4.5
We're examining the DYDXUSDT pair for a potential long position, guided by technical analysis on the daily chart. The price action has settled into a consolidation pattern, making a strong base around the 2.979 entry point. This area has acted as a springboard, sending price action upwards with increasing momentum, as indicated by the recent green candles.
The...
DYDX/USDT trying to break bullish pennant channel
lets see how this goes
chart is on 3D time frame
need some patience for this play out
chances to be 30-40 % up move if broke
DYDX/USDT Chart Overview
The chart signals a bullish trend with a potential breakout in the green box zone. If you missed it, don't worry – I'm eyeing every significant dip for potential buy opportunities.
On the higher time frames (HTF), there's a promising Bull Flag formation. Things could get super bullish if we witness a breakout above the flag's...
#DYDX accumulated for 554 Days in the form of Cup & Handle🧐
Now breaking through the cluster of neckline of the pattern + above 91.00% fib level🔥
SEND IT🚀
Charts |Happy Trading
1/ CRYPTOCAP:DYDX - solid consolidation in a long-term bullish falling wedge. Not quite ripe, needs more months of consolidation.
Weekly RSI shows promising bullish divergence. 🚀
Chart suggests best buy zones at 0.7 to 1.5 USD. Mega bullish breakout expected Q1-Q2 2024.
Fundamentals strong, backed by key players.
🎯 3 out of 5 milestones done, last in Sept...
💎 Paradisers, cast your eyes on DYDX/USDT. The daily chart reveals an 'M' pattern emerging within the supply zone, amplifying the chances of a bearish shift. Adding to this, the supportive trendline has been breached.
💎 For a clearer bearish confirmation, watch out for a descent below the 1.915 demand level. If this occur, we might be looking at potential...
On daily TF DYDX hinting bullishness. There is a formation of Inverse Head and shoulder (Neckline is marked). One can make entry plans after the neckline is taken off,
When analyzing the DYDX/USDT chart, it becomes evident that the token is currently positioned at a robust resistance level, accompanied by an increasing selling pressure.
For traders considering selling positions, the recommended selling area for DYDX/USDT is within the range of 2.200-2.250. This range presents an opportunity to capitalize on the ongoing...
2 fractional sells near the main downtrend line of this symmetrical triangle, in yellow.
The safest order is the stop limit where the trigger price on the white line opens the trigger for sales on the red lines.
The exit at the bottom of the symmetrical triangle, bullish trend line, is also in yellow.
You can have a 1 exit in 1 to 1 or in the volume areas...
dYdX (DYDX) is displaying signs of a potential bullish trend, indicating a possible long position opportunity for traders.
The cryptocurrency has been consolidating in a narrow range for a while, with price action forming a double bottom patttern. A breakout from this pattern has can be seen soon, with strong volume indicating a high likelihood of continuation of...
