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DYDX / TetherUS PERPETUAL CONTRACT

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DYDXUSDT.P trade ideas

DYDX: Navigating the Market Zig-Zag for Potential Gains! 🔄💹Introduction: 🌐 The DYDX market has thrown a curveball, initiating a correction in the form of a zig-zag pattern during the fourth wave. Despite this deviation, the underlying outlook remains intact. The spot position (provided link) is being maintained, with a minimum target set at $5. Technical Adjustment: 🔄 The market has introduced a corrective zig-zag pattern during the fourth wave, a deviation from the initial expectations. However, the essential trajectory and potential gains remain unchanged. Spot Position: ⚡ The spot position (as per the provided link) continues to be upheld by the trader, demonstrating confidence in the overall bullish outlook. The minimum target for this position is set at $5. Conclusion: 🚀 DYDX enthusiasts are encouraged to stay attuned to market developments. Despite the zig-zag correction, the essential trajectory remains bullish. The spot position, with a minimum target of $5, signifies the trader's confidence in potential gains. Stay informed for further updates as the market journey unfolds! 💹🌟
by RICHI_CRYPTO_SIGNAL
DYDX : Preparing for Rebound !Let's break down the technical landscape of dYdX (DYDX), a token that's been through the trenches and is gearing up for a potential bounce. Here's a concise dive into the charts and key indicators that suggest DYDX might be on the brink of a bullish move. 📉➡️📈 Chart Overview: All-Time Low Support: DYDX has formed a sturdy support base after hitting all-time lows. The recent upward momentum hints at a possible trend reversal. Support and Resistance Dynamics: Recent price action around a crucial resistance zone signals a battleground for market participants. Historical data suggests positive price responses after sweeping key support levels. Trading Strategy: Support Sweep Strategy: Keep an eye on potential support sweeps, historically signaling upcoming upward movements. Strategic entry points post-support sweep align with past bullish patterns. Chart Confirmation: A decisive breakout above the significant resistance zone would validate the potential bullish trend. Monitoring trading volumes during key price movements provides additional confirmation. Price Outlook: A successful rebound could position DYDX for noteworthy price levels, contingent on surpassing historical resistance. In Conclusion: DYDX's journey from its all-time low to its current support base presents an intriguing technical setup. Traders and investors are advised to closely monitor support dynamics and resistance interactions for strategic entry points. ❗️Test my 3 crypto trading indicators for FREE! Link below 🔑
by AlexWhale
6
DYDX/USDT LONGCould be long short term scalp trade with reward ratio at 8. rsi not currently looking ready for a buy singal either does jewel, but on lower timeframe it does look better giving me more confident that it this could be a early trade signals. You shouldn't really trade something that haven't confirmation. But keeping a close eye as this is a good entry point. As jewel are at white, the second it changes color to blue and the way its pointing it would indicate what most likely to happen. Things kinda also following btc at the moment, and moves like this also counts on btc. But at least a good potential long to keep a eye out for
Long
by Enjoylifee
2
🚧DYDX will Go Up Again🚧 Road Map(1-W)🗺️!!!DYDXUSDT was in the ascending phase by the ascending triangle and cup and handle. DYDXUSDT is in a large ascending triangle on the weekly time frame and also on C&H if it follows these patterns, the price will have a nice rally. ⭐The pattern increases the price by the amount of the measured price movement (AB=CD). ❗ Note that if the triangle or cup and handle is broken down with the power of descending candles, our analysis will fail. 🤑 Stay great my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
Long
by CobraVanguard
3
"CFX/USDT Long Setup: Bullish Breakout from Falling Wedge PatterTrade Setup for #DYDX/USDT: Long Position Analysis: DYDX has broken out of a falling wedge pattern, indicating a potential upward trend. The current price (CMP) serves as the entry point. The breakout is being retested, suggesting a potential confirmation of the bullish move. Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to $2.870 Targets: $3.4 $3.9 $4.35 $5.2 $5,8 Stop Loss (SL): Set the Stop Loss at $2.825 to limit potential losses. Leverage: Use leverage cautiously: 5x to 10x. DYOR
Long
by CRYPTOMOJO_TA
2
DYDXUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. 2 possible options: growth from current price or through one more decline in zone 2.4 - 2.2 Main target zone: 4.6 - 5$ Stop: (depending of ur risk). ALWAYS follow ur RM. risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
3