๐ฅ162% OF PROFIT: $1 IS A BEST PLACE TO BUY dYdX AGAIN
๐ฅ Hi friends! dYdX give us the opportunity to make a huge profit several times. The last one was during the test of $2.7 key level as the support. The price fall for 62%. So you can make a huge money even without leverage.
The main reason for this fall was the Binance FUD and now the FTX FUD. Blockchain data shows that Alameda Research (SBF/FTX fund) swapped their altcoins for Bitcoin using mixers.
Since Alameda is a big holder of this altcoin, the risk that they will sell and push the price down persists. That is why the price is falling today.
๐ฉDYDX HAVE A THIRD PLACE AT ALAMEDA PORTFOLIO
๐ TRADING PLAN FOR DYDX
Now the price almost reaches the lower boundary of the channel which is strong support for the price. Here we can open a trade with 2 targets that I point out later.
The preconditions to open long:
1. the false breakout of the channel's lower boundary
2. sl collection below the $1 key level (a lot of liquidity for the whales)
3. bullish BTC
4. volume growth at the bottom
๐ฉFriends, remember that we open trade only if a false breakout happens. Let the price fall lower if it does not close inside the channel again and wait for the next opportunities.
โ MY TARGETS FOR DYDX:
๐ฅ$1.7 - the mid if the channel
๐ฅ$2.7 - the top of the channel
Friends, do you believe in this decentralized exchange growth? Wrote your thought about DYDX in the comments!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
The main reason for this fall was the Binance FUD and now the FTX FUD. Blockchain data shows that Alameda Research (SBF/FTX fund) swapped their altcoins for Bitcoin using mixers.
Since Alameda is a big holder of this altcoin, the risk that they will sell and push the price down persists. That is why the price is falling today.
๐ฉDYDX HAVE A THIRD PLACE AT ALAMEDA PORTFOLIO
๐ TRADING PLAN FOR DYDX
Now the price almost reaches the lower boundary of the channel which is strong support for the price. Here we can open a trade with 2 targets that I point out later.
The preconditions to open long:
1. the false breakout of the channel's lower boundary
2. sl collection below the $1 key level (a lot of liquidity for the whales)
3. bullish BTC
4. volume growth at the bottom
๐ฉFriends, remember that we open trade only if a false breakout happens. Let the price fall lower if it does not close inside the channel again and wait for the next opportunities.
โ MY TARGETS FOR DYDX:
๐ฅ$1.7 - the mid if the channel
๐ฅ$2.7 - the top of the channel
Friends, do you believe in this decentralized exchange growth? Wrote your thought about DYDX in the comments!
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ืืขืจื:
๐ฅ Hi friends! dYdX +200% from the entry point. It was the best entry point even for the spot purchases. It took only 2 months to double deposit.
Friends, volume grows at the top. Not good for the bulls, actually.
Friends, volume grows at the top. Not good for the bulls, actually.
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ืจืขืืื ืืช ืงืฉืืจืื
Now I recommend you book at least 50-70% of the profit because the main crypto BTC isn't in the best conditions.