$dym Dymension's Symmetrical TriangleASX:DYM has respected this symmetrical triangle since June 2024
Expect fireworks once break out is confirmed.
#dym Current Price: 1.54
Targets: 2.8
Invalidation under 1.42
DYMBTC
#DYM , $DYM , #DYMUSDT , #DYMUSD#DYM ...... is in a very nice entry point and near stop loss to get high profit
#DYM
ASX:DYM
#DYMUSDT
#DYMUSD
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BINANCE:DYMUSDT
#DYM/USDT#DYM
The price is moving in a descending channel on a 1-day frame and is sticking to it to a large extent and is expected to break it upwards
We have a bounce from the lower limit of the channel at a price of 1.00
We have an upward trend on the RSI indicator, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.40
First target 1.87
Second target 2.52
Third target 3.00
DYM - A Strong reversal is in-progress#INJ/USDT #Analysis
Description
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+ After recent downtrend price has formed a strong double bottom pattern
+ We are seeing a strong reversal and price is expected to breakout from the resistance
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VectorAlgo Trade Details
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Entry Price: 1.656
Stop Loss: 1.129
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Target 1: 2.035
Target 2: 2.568
Target 3: 3.240
Target 4: 4.175
Target 5: 5.997
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
DYMUSDT Broadening Wedge!DYMUSDT (Day Chart) Technical analysis update
ASX:DYM price has been trading within a broadening wedge pattern for the last 180 days and is now moving towards the wedge's resistance for a potential breakout. If the price breaks this resistance, we can expect a strong bullish move in DYM.
Entry: After breakout confirmation on the daily chart.
#DYM/USDT#DYM
The price is moving within a bearish trend channel that was broken to the upside on a 12-hour frame
We have a support area at 2.50 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price 2.72
First target 3.74
The second goal is 4.30
Third goal 4.92
DYM has broken above the triangleDYM has broken above the triangle, after the pullback it will continue to go up
🔵Entry Zone 5.999 - 6.156
🔴SL 5.644
🟢TP1 6.849
🟢TP2 7.468
🟢TP3 8.061
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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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
DYMUSDT Short Term ViewDYMUSDT Technical analysis update
DYM has formed a double top pattern and the price has broken below the neckline. This could indicate a potential downward trend.
Short level: Below 7.25
StopLoss: 8.45
Target and Buy Level: $5.00
Regards
Hexa
Riding a possible retrace on DYMI expect a correction on DYM, so i am taking a small risk and i will try to ride a possible pullback. I am targeting main support zone at 6.3, invalidation above 8.5. I can also see a break of main trendline as confirmation of possible pullback with a bearish divergence
