looks DYM is bearish in the medium term (12H)We had a downward move, followed by a pause, and then the price is continuing to decline. When the bottom of the green box at $0.963 is broken with a daily candle, we will have further confirmation.
These fractals can be labeled as ABC waves.
However, for those looking for sell/short positions, the red box can be a potential zone to consider. The closing of a daily candle above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DYMUSDT
#DYM (SPOT) IN ( 1.250- 1.450) T. (4.600) SL(1.215)BINANCE:DYMUSDT
#DYM / USDT
Entry ( 1.250- 1.450)
SL 1D close below 1.215
T1 1.900
T2 2.480
T3 3.100
T4 3.800
T5 4.600
2 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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#DYM/USDT#DYM
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.38
Entry price 1.38
First target 1.42
Second target 1.45
Third target 1.49
Long trade idea for DYMUSDTLong trade idea for DYMUSDT
Falling Wedge measured from AUG 2024
Potentially min 216% profit from current date. Target $8.345
Do note potential pullback according to purple line.
Note that there are Bearish Order Blocks as shown.
Do exercise due diligence and that all trades comes with risks
#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
DYMUSDT A Bearish Shift in Play? Key Level to Watch.Yello, Paradisers! Is #DYMUSDT gearing up for a bigger move, or could we see a deeper dip? Here's what we need to watch closely:
💎#DYM has confirmed a bearish reversal after breaking below the support trendline and losing its previous higher low structure. This shift signals potential bearish momentum, especially as the price gears up to test the supply zone between $1.38 - $1.50. If the price faces rejection here, it strengthens the case for a continuation of the downward movement, aiming for the first target at the demand zone.
💎Should we see a rebound in this area, it might indicate a temporary pause. However, if the price manages to reclaim and hold above the supply zone, there's a higher probability of reaching the final take-profit target at the major support level.
💎If DYM closes above the resistance, it would signal a potential return to bullish momentum, rendering any short positions invalid.
Trade smart, stay vigilant, and remember – patience and discipline always win the day.
MyCryptoParadise
iFeel the success🌴
DYMUSDT A Critical Moment Approaching? Keep an eye on this levelYello, Paradisers! Have you been keeping an eye on #DYMUSDT? If not, you might want to pay attention—this setup could go either way, and fast. Let’s break it down.
💎#DYM has recently hifted into a bullish trend, successfully breaking out of its descending resistance. However, the price is now likely to retest a crucial support zone around 2.055 - $1.88, aligning perfectly with the Fibonacci golden ratio (0.618)—a level traders often watch closely. If the price respects this support area, there’s a strong possibility we’ll see a continuation of the bullish momentum toward the major resistance level.
💎 If DYM fails to rebound from this support zone and breaks below it, the move could turn into a false breakout scenario. In this case, the highest probability shifts toward a downward trend, potentially heading to the next major support level.
💎For the bullish scenario to remain valid, DYM must rebound strongly from the support zone and reclaim demand levels. However, if the price breaks the major support and the daily candle closes below it, this would confirm a bearish trend. In that case, DYM could slide even deeper into bearish territory.
Stay patient, disciplined, and play it safe by waiting for the highest-probability setups before taking action. A clear confirmation is key to success in this volatile market.
MyCryptoParadise
iFeel the success🌴
DYMUSDT Forms Triangle Pattern!DYMUSDT Technical analysis update
DYMUSDT has been trading within a triangle formation for the past 165 days. The price is now moving towards the triangle's resistance level, potentially signaling a breakout. The profile volume indicates strong support at $1.40, and the price has crossed above the 100 EMA on the daily chart. A strong bullish move can be expected from the current level.
Buy zone : Below $1.70
Stop loss : $1.37
Take Profit 1: $1.97
Take Profit 2: $2.47
Take Profit 3: $3.45
$DYM Dymension's Ascending TriangleThis is major for ASX:DYM Dymension because this will determine if DYM begins a major Uptrend or spirals back into the consolidation range. Timeframe: 1hr
Current Price: 1.8
A break above 1.9 will create an avenue for higher prices up to 2.15
Further rejection around 1.9 will seen prices back 1.6 region.
What dimension will #dym take?
#DYM , $DYM , #DYMUSDT , #DYMUSD#DYM ...... is in a very nice entry point and near stop loss to get high profit
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BINANCE:DYMUSDT
DYM/USDT: READY FOR AN ATH!!Hey everyone!
If you're enjoying this analysis, please give it a thumbs up and follow!
DYM is showing strong potential! It’s breaking out of a symmetrical triangle on the daily time frame and looks primed to test its all-time high (ATH). Consider buying now and accumulating more on dips for maximum profit.
Entry range: CMP and accumulate up to $1.48
Short-Term Targets: $2.20 / $3.34
Long-Term Targets: $5.16 / $6.96 / $8.40
Stop Loss (SL): $1.11
What do you think of DYM's current price action? Are you spotting a bullish setup? Share your thoughts and analysis in the comments below!
DYM Descending Broadening Wedge Breakout Confirmed!We've just seen a strong breakout of DYM from its descending broadening wedge structure. This is a key bullish reversal signal! 📈
The price action indicates momentum building up, with the next target zone being around $7-$8, representing the top of the broadening wedge structure.
🔸 Key Levels: As the price surges, we’re watching the $7-$8 range for potential resistance.
🔸 Support Re-test?: A possible re-test of the breakout level could present a strong entry point if the momentum holds.
🔸 Volume Confirmation: The breakout is supported by a surge in volume, reinforcing the potential for a strong move upward.
Keep an eye on the market dynamics, and remember to manage your risk, especially as we approach key resistance levels.
#DYM #Breakout #BroadeningWedge #SwingTrade #CryptoTrading #TechnicalAnalysis
🚨 Disclaimer: This is not financial advice. Always conduct your own analysis or consult with a professional.
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 NEW VOLUME INCREASEThe last data shows that DYM have the possibility to get a new volume trend in the coming time frames which will allow this coin to increase to higher targets.
By the chart, we did add some beta possibility targets.
There is always confirmations needed to follow the coin further.