#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 1.76.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.276
First target: 0.288
Second target: 0.303
Third target: 0.318
DYMUSDT trade ideas
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.288, acting as strong support from which the price can rebound.
Entry price: 0.296
First target: 0.301
Second target: 0.311
Third target: 0.321
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.270.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.276
First target: 0.281
Second target: 0.288
Third target: 0.296
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.255.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.257
First target: 0.263
Second target: 0.273
Third target: 0.283
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.260.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.265
First target: 0.270
Second target: 0.278
Third target: 0.284
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, supporting the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.250.
Entry price: 0.255
First target: 0.257
Second target: 0.262
Third target: 0.0267
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 0.266.
Entry price: 0.282
First target: 0.288
Second target: 0.300
Third target: 0.311
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.
We have a trend to stabilize below the 100 moving average once again.
We have a downtrend on the RSI indicator, supporting the upward trend with a break above it.
We have a support area at the upper limit of the channel at 0.330.
Entry price: 0.328
First target: 0.325
Second target: 0.317
Third target: 0.310
#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.350.
We have a downtrend on the RSI indicator that is about to break and retest, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.365
First target: 0.376
Second target: 0.385
Third target: 0.397
DYM (SPOT)BINANCE:DYMUSDT
DYM / USDT
4H time frame ( wait for the price to come to buying zone)
analysis tools
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SMC
FVG
Trend lines
Fibonacci
Support & resistance
MACD Cross
EMA Cross
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#DYM/USDT#DYM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, this support at 0.380.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.400
First target: 0.422
Second target: 0.450
Third target: 0.493
#DYM/USDT#DYM
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.330
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.343
First target 0.369
Second target 0.392
Third target 0.418
#DYMUSDT is showing signs of growth📉 Long BYBIT:DYMUSDT.P от $0,4575
🛡 Stop loss $0,4350
🕒 1H Timeframe
⚡️ Overview:
➡️ The main POC (Point of Control) is at 0,4149, indicating the area with the highest trading volume.
➡️ The 0,4572 level acts as a local support, as the price previously bounced from this zone.
🎯 TP Targets:
💎 TP 1: $0,4720
💎 TP 2: $0,4850
💎 TP 2: $0,4970
📢 Monitor key levels before entering the trade!
📢 If 0,4572 is broken downward, the trade may be invalidated.
BYBIT:DYMUSDT.P is showing signs of growth — expecting further upside movement!
Dymension (DYM) - A quick 500% returnOn the above daily chart price action has corrected 90% inside the last 90 days. A number of reasons to take advantage of the situation, they include:
1) Price action and RSI resistance breakouts.
2) RSI trend reversal, higher lows print.
3) Significant confluence on past support / resistance (red circles) with regular bullish divergence.
4) The first big resistance is around 2.60 or 700% above.
Is it possible sellers keep selling after a 90% correction? Sure, you know emotions.
Is it probable? No.
Ww
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
DYM - looking positiveDYM is still looking positive despite the consolidation during the last week.
Unless invalidated (below 1.73), I'm expecting to reach at least $3.40 zone to reevaluate the strength once it reaches there.
Best case would be to stay above $1.93 for maximum bullishness
Get your popcorn & enjoy the weekend!