#DYDX it is moving between a support and a resistance, it has broken the small downward trendline it had. There is a possibility of price growth up to resistance.
In the recent decline market, #DYDX not only did not decline, but also made a good growth and was able to reach the resistance of the trading range that it has been moving in for a long time. Negative divergence is not observed, but correction is necessary. If it can break the resistance and make a pullback, you can think about buying it.
#DYDX could not overcome the strong resistance. And now it has reached support and there is a possibility of growth again until resistance
There are two movement paths for #DYDX, both of which depend on the resistance of $2.05-$2.00. If the resistance is broken, it will move in path 1, which is more likely, and if the price cannot cross this resistance, it will follow path 2. will do.
#DYDX
The price moves in the descending channel. If the dynamic support is broken, there is a possibility that the price will fall to the bottom of the channel.
The price moves in the descending channel. If the dynamic support is broken, there is a possibility that the price will fall to the bottom of the channel.
#DYDX has reached the strong resistance zone of $ 2.320 - $ 2.700 for the fourth time, which could cause the price to fall.
The price of #DYDX has broken the dynamic resistance and will probably grow up to the specified resistance, and if it can break the resistance, its next target is $3.6
#DYDX
The price in daily TF is in a bearish channel. The price is expected to first decline to the uptrend line and then support and rise to $2.4.
The price in daily TF is in a bearish channel. The price is expected to first decline to the uptrend line and then support and rise to $2.4.
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#DYDX
The price has grown up to the downward trend line, if price can break the trend line will Continue grow to the important resistance of $3.510.
The price has grown up to the downward trend line, if price can break the trend line will Continue grow to the important resistance of $3.510.
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The price of #DYDX is completing the Bullish triangle pattern, when it can break out of the triangle and break the dynamic resistance, it can grow to the price of $5.
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#DYDX announced that its trading volume has exceeded $40 billion.
Previously on January 31st, its trading volume surpassed $25 billion.
Previously on January 31st, its trading volume surpassed $25 billion.
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The price of #DYDX has reached the upward trend line, but has not yet managed to break it completely. If the price decline continues, the price can drop to the support level of $2.760-$2.900 . If the dynamic resistance is broken, the price can increase up to $4.5 .
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#DYDX ✖️ , after breaking out from the pattern and completing its retest phase, is regaining momentum at the demand level of $2.10. If it can sustain this momentum, there is a high probability it will embark on a bullish path to overcome a resistance level of $2.4 - $2.45 .
However, given the inherent volatility of the market, if #DYDX fails to sustain its momentum and declines, this could indicate a weakening of the bullish stance, potentially leading to a significant price drop. Under such circumstances, we might expect a bullish rebound from the lower, strong Bullish level at $2.100. Nevertheless, a break below this level could result in considerable downward movement.
The bullish journey is projected to kick off once the price surpasses the supply area at $2.3 in higher time frame and continues its upward momentum .
However, given the inherent volatility of the market, if #DYDX fails to sustain its momentum and declines, this could indicate a weakening of the bullish stance, potentially leading to a significant price drop. Under such circumstances, we might expect a bullish rebound from the lower, strong Bullish level at $2.100. Nevertheless, a break below this level could result in considerable downward movement.
The bullish journey is projected to kick off once the price surpasses the supply area at $2.3 in higher time frame and continues its upward momentum .
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Technical CRYPTO Analyst
#DYDXUSDT ✖️ is in an ascending triangle pattern that can grow after a breakdown. Please remember to enter a long position for capital management in case of a breakout. The #DYDX targets could touch 0.927 - 0.949 - 0.994.
After breaking the triangle, #DYDX ✖️ currency touched the first target of our analysis and pulled back
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