Log in

Save 23% ($351) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 43s

Home
Research
Analysis
Community
  1. Cryptonary
  2. Market Analysis
  3. DYDX is on the money
Altcoin Opportunities

DYDX is on the money

Updated: Jul 25, 2024
Published: Nov 24, 2023
0
Share:

We’ve got some spicy bullish price action to share on DYDX! 

Post Feature Image

We called this sweet inverse H&S set up in advance and jumped in early around the neckline. 

Now we're chilling in profit as it bounced up perfectly from support, just as we anticipated. 

But it isn't over yet! We’ve identified key daily resistance around 3.5 that needs clearing for lift-off. 🚀

If we can push past and CLOSE convincingly above it, that solidifies our bias for this run to continue towards $4.30. 

At that point, we'd look to lock in some gains, then rebuy the retest of 3.5-turned-support to maximise profits. 💡

However, if we see it struggling on multiple attempts to break 3.5 despite our projections, that's a warning sign bullish momentum is fading. 🚨 

We'd secure profits entirely rather than risk retracement. 

For now, we are hyped up - just waiting to see how this pivotal daily candle closes to read the market reaction. 

Stay tuned for more updates!

Get started for free

Create your free account or log in to read the full article.

​

Netherlands

By signing up, you agree to our Terms & Conditions
Recommended from Cryptonary
BTC, ETH and More: Crypto Structure Diverges, Bitcoin Remains Fragile
PRO
Market Direction
BTC, ETH and More: Crypto Structure...Over the past week, downside played out where expected, but follow-through has been inconsistent, wi...
11 min read
Mar 24, 2026
Market Update: Risk Assets Rebound Amid Tightening Conditions
PRO
Market Updates
Market Update: Risk Assets Rebound ...The market just gave us a perfect example of how fragile this environment is. Escalation over the we...
8 min read
Mar 23, 2026
BTC, ETH and More: Stablecoin Dominance Signals Downside
PRO
Market Direction
BTC, ETH and More: Stablecoin Domin...A more fragile backdrop is beginning to show. With the Fed turning less supportive and stablecoin do...
13 min read
Mar 20, 2026
BTC, ETH and More: Short-Term Upside Liquidity in Play
PRO
Market Direction
BTC, ETH and More: Short-Term Upsid...Markets are pausing at key levels, and the next move is starting to take shape. After completing the...
13 min read
Mar 31, 2026
Market Update: Fed in a Bind & Bitcoin at a Breaking Point
PRO
Market Updates
Market Update: Fed in a Bind & Bitc...Markets are turning fragile as escalating Middle East tensions drive a clear risk-off shift, tighten...
8 min read
Mar 30, 2026
Market Update: Macro Risks Signal Further Downside
PRO
Market Updates
Market Update: Macro Risks Signal F...Earlier in the week, we had a lot of questions about whether we still see the $50k-$60k level being ...
11 min read
Mar 27, 2026
BTC, ETH and More: Crypto Structure Diverges, Bitcoin Remains Fragile
PRO
Market Direction
BTC, ETH and More: Crypto Structure...Over the past week, downside played out where expected, but follow-through has been inconsistent, wi...
11 min read
Mar 24, 2026
Market Update: Risk Assets Rebound Amid Tightening Conditions
PRO
Market Updates
Market Update: Risk Assets Rebound ...The market just gave us a perfect example of how fragile this environment is. Escalation over the we...
8 min read
Mar 23, 2026
BTC, ETH and More: Stablecoin Dominance Signals Downside
PRO
Market Direction
BTC, ETH and More: Stablecoin Domin...A more fragile backdrop is beginning to show. With the Fed turning less supportive and stablecoin do...
13 min read
Mar 20, 2026
BTC, ETH and More: Short-Term Upside Liquidity in Play
PRO
Market Direction
BTC, ETH and More: Short-Term Upsid...Markets are pausing at key levels, and the next move is starting to take shape. After completing the...
13 min read
Mar 31, 2026
Market Update: Fed in a Bind & Bitcoin at a Breaking Point
PRO
Market Updates
Market Update: Fed in a Bind & Bitc...Markets are turning fragile as escalating Middle East tensions drive a clear risk-off shift, tighten...
8 min read
Mar 30, 2026
Market Update: Macro Risks Signal Further Downside
PRO
Market Updates
Market Update: Macro Risks Signal F...Earlier in the week, we had a lot of questions about whether we still see the $50k-$60k level being ...
11 min read
Mar 27, 2026
BTC, ETH and More: Crypto Structure Diverges, Bitcoin Remains Fragile
PRO
Market Direction
BTC, ETH and More: Crypto Structure...Over the past week, downside played out where expected, but follow-through has been inconsistent, wi...
11 min read
Mar 24, 2026
Market Update: Risk Assets Rebound Amid Tightening Conditions
PRO
Market Updates
Market Update: Risk Assets Rebound ...The market just gave us a perfect example of how fragile this environment is. Escalation over the we...
8 min read
Mar 23, 2026
BTC, ETH and More: Stablecoin Dominance Signals Downside
PRO
Market Direction
BTC, ETH and More: Stablecoin Domin...A more fragile backdrop is beginning to show. With the Fed turning less supportive and stablecoin do...
13 min read
Mar 20, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Netherlands

No spam. No hype. Just the research.