Trend reversal is likely for $DYMAfter long price movement in descending channel, #dym #dymension looks like to have a W bounce in short term. Not financial advice.
DYM
dymIt has lost all valid ceilings and floors. In my opinion, it can reach the bottom of the channel and have an upward movement from there.
[DYMUSDT] - looks like a bottom!in 12h chart there is a descending channel pattern
price now reach the lower side of descending channel
targets is 10$ keep it in ur watch list👀
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DYM/USDT It need to bounce to continue upward movement!💎 Paradisers, #DYM has recently experienced notable market dynamics. Currently resting on the support area, #DYM requires a bounce to potentially resume its upward trajectory and retest the resistance trendline area.
💎 Previously, #DYM faced rejection at the resistance area, underscoring its significance. However, if #DYM manages to successfully break above the resistance trendline, it could signal a bullish momentum shift, paving the way for further upward movement towards our target.
💎 Conversely, if #DYM fails to bounce and breaks down below the key support level, it could indicate weakness and a bearish sentiment. In such a scenario, the price may continue to decline further.
$dym dymension's Falling Channel ASX:DYM dymension's price action is in a Falling Channel , also spotting a double bottom!
Current price: $6.15
Break down to bottom of channel will find supports: 5.33, 4.78 (buy the dip areas)
top of channel resistance: 6.9
A break above channel will lead to up #dym resistances: 7.7, 8.5, 9.2, 9.9, 10.7, 11.6
DYMUSD 12HDYM ~ 12H 📈
#DYM Make purchases gradually after successfully breaking through this resistance line, with a minimum target of 15%+ 📈
$Dym This analysis is for informational purposes only and should not be considered financial or investment advice.
The information presented in this analysis is based on my own research and is subject to change without notice.
The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair.
Please conduct your own research and consult with a financial advisor before making any investment decisions.
DYM/USDT in Perfect Position to Rally? 👀🚀DYM Analysis💎Paradisers, get ready as we spot an intriguing move with #DYMUSDT. It's nearing a critical support following a rejection at a formidable resistance. Maintaining momentum could highly suggest a rebound from this juncture, especially considering historical price actions where this support was respected four times, each leading to a vigorous bullish rally.
💎Currently, $Dymension exhibits a seller-dominated sentiment, marked by significant red candles indicating heavy selling pressure. Yet, we remain vigilant, biding our time to see how the price interacts with the specified support level before strategically planning our entry.
💎For the sharp-eyed trader, should the price of #DYM falter at this crucial support and descend further, our eyes will be set on a bullish resurgence from the subsequent demand zone. Given the liquidity, a strong probability exists for #DYM's rebound from this lower level, whereas dropping below could catalyze a substantial downward trend.
long DYMDYM broke through the resistance level and the descending trendline. Bullish movement to $8.71 is expected to happen next
DYM target 7.54h time frame
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DYM broke the downtrend line with a double bottom structure. Currently, DYM is retesting the neckline of this double bottom, this support works well so far. Furthermore, there are two ways to set up targets, the first one is set from double bottom, that is 7.5, the second one could be estimated through Fibonacci Extension, which is around 8.3~8.7.
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TP: 7.5 / 8.5
SL: 5.9
$DYM Dymension Falling WEdge...ASX:DYM Dymension is forming a falling wedge! Price action found a height of $8.7 and currently has retraced to a low of $5.9
Current Price: $6.5
Expecting #dym to break out of it's falling wedge for higher resistances: 6.9, 7.3, 7.7, 8.2, 8.7
A continous move up will lead to price discovery: 9.2, 9.8, 10.4
ASX:DYM inability to break out of this wedge will reclaim supports: 6.1, 5.7, 5.3, 4.8 which will make for perfect buy the dip opportunities (spot)
DYM/USDT Ready for a Potential Surge from Key Support? 🚀DYM💎 Paradisers, get ready for an exciting trading moment with #DYMUSDT, as it stabilizes at a pivotal support, hinting at the next potential direction.
💎 Observing #Dymension recent activity, we've noticed it couldn't surpass its last peak, leading to a bearish sentiment shift. However, we're now poised for a bullish turnaround from the demand level of $7.340. Should the price maintain its current drive, we anticipate an ascent that could well break through the overhead resistance.
💎 If the drive behind #DYM starts to dwindle, expect a rejuvenating rebound from the firm support at $6.823. Crossing below this essential mark, though, could signal a shift into more pronounced bearish territory.
Dymension DYM price shows a strong movement, how long will it ?Today, we will take a look at a young and quite popular coin in recent days - DYM. It was listed on many exchanges a week ago.
Due to the large amount of different activity, the DYMUSDT price successfully traded in the range of $6.85-7.85 and continued to grow.
If the growth continues successfully, the next levels are $9.60 and $10.30.
If the crypto market begins to correct, the strongest support should be in the $6.85-7 range.
Below, there is a relative void where the coin can begin to drain, which was received mainly for participation in activities.
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DYM/USDTBINANCE:DYMUSDT
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 1% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
Bullish on DYM Descending TriangleWe have identified a descending triangle pattern. This is a bearish formation that often precedes a price drop BUT
Our analysis also presents two potential future scenarios for DYM. The first scenario anticipates an upward breakout from the triangle, while the second scenario suggests a continuation of the downtrend before an eventual breakout.
A significant support level has been identified at approximately 6.300 USDT. This level could potentially serve as a rebound point for the price.
Alikze → #DYM |Ascending contraction triangleIn time H1, it is moving in an ascending channel, if the entry zone is activated, with the loss limit below the trigger, you can enter the buy position up to the resistance dynamic trigger zone.
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DYMENSION - Airdrops SeasonDYMUSDT is performing quite well since its airdrop happened, and the price is on an upward trend, because it is speculated that DYM stakers will be eligible for other airdrops.
That being said, if DYM breaks this symmetrical triangle upwards, it is bullish and we could reach $10 in the short term wizards.
