#DYM Possible reversal from here!I think it's time for some upward movement with high volume confirmation. DYOR before opening any trade!
DYMUSDT.P trade ideas
DYM/USDT 1. The Hero indicator should remain in an uptrend.
2. Additionally, the Master Cycle indicator cloud should also be in an uptrend.
3. If the candles in the Master Cycle indicator fall below 50, it could be an opportunity to enter a buy position.
DYMUSDT IDEA
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about DYM
DYM In Daily time frame Falling wedge pattern Breakout has already done ✅
Expecting 120% Bullish wave in Coming day's 🚀
Trade Idea for Dymension (DYM) - Accumulation Strategy Dymension (DYM) is currently trading around $3.07. The token has seen a 6.67% increase in the last 24 hours, with a market cap of approximately $448.06 million and a circulating supply of 146 million DYM tokens.
Start building a position at the current price of around $3.07. This provides a strategic entry point given the recent price appreciation and trading volume.
Plan to accumulate additional DYM tokens if the price drops to $1.60 and further to $2.20. This approach allows for averaging down the entry price and taking advantage of potential market corrections.
Set take-profit targets at $5.50, $7.00, and $8.00. These levels are based on potential resistance points and historical price movements, aiming to capture significant gains as the market appreciates.
Dymension is designed to support Layer 2 networks known as rollups, which enhance scalability and efficiency. The platform leverages the Inter-Blockchain Communication (IBC) protocol for secure communication between different chains, making it a significant player in the modular blockchain space.
The recent price increase and substantial trading volume suggest growing investor interest. Monitoring ongoing developments and updates within the Dymension ecosystem will be crucial for adjusting the investment strategy.
Accumulating DYM at strategic price points leverages market volatility and the project's innovative approach to blockchain scalability. The phased profit-taking strategy aims to optimize returns while managing risk.
This trade idea is based on current market data and Dymension’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
DYMUSDT UPDATE #DYMUSDT
UPDATE
Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about DYMUSDT
Major Trend Line breakout confirmed in 12h time ✅
Expecting massive Bullish wave 📈
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.
$DYMreclaim white line and go tag 200 ema and confluence of previous range low
looking to enter with a sweep of blue dotted line , scaled in for now invalid if we close below blue line
DYM price targetsWatch this targets and explanation BINANCE:DYMUSDT
Possible Targets and explanation idea
➡️D tf. All main targets explained 8 February! Now we came in exactly to first block
➡️Also we are now touched fundamental value and if we will not see reaction next target green block
➡️If you are investor it's okay accumulate at 2 boxes using dca. If you are swing trader
targets showed on a chart.
➡️Money power indicator money inflow step by step since march 2024
➡️Take profit line marked + there is zone where is more than ok withdraw initial deposit
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Dymension - DYMDymension has been in a bearish trend since it's release.
I expect bearish continuation as the chart shows...
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.
#DYM/USDT TREAD SETUP#DYM / USDT TREAD SETUP
In the 4-hour time frame, DYM has broken out of this falling wedge pattern and is currently bouncing after retesting this pattern. we can also see bullish divergences in the RSI.
Entry: Current Market Price (CMP) and add more up to $3.22
Target: According to the pattern, we can expect up to a 70% to 100% bounce in the price.
SL- $2.9
Remember to do your own research.
NFA
#Crypto
[DYMUSDT] - looks like a bottom!in 12h chart there is a descending channel pattern
price now reach the lower side of descending channel
targets is 10$ keep it in ur watch list👀
thanks and for more ideas like that hit "like" and "follow"🎯
DYMUSDT IDEADear Respected Traders, we hope this communication finds you well.
we are convening a discussion focused on #DYMUSDT
#DYMUSDT 📈🤑
On The 12H Time Frame📊:
The BULLISH FLAG Pattern is Formed , Now it's Ready to Bounce back inside the pattern.
In Case of Successful Breakout, Expecting a Bullish Move to 10$ 🚀
#Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT
$DYM #Dymension Trading IdeaDYM/USD (Dymension) has formed a massive descending channel, and at the very bottom, I've spotted a falling wedge pattern. There's huge potential that ASX:DYM is bottoming out, and after a full breakout, we can expect to retest the $4.65 level (the top of this channel).
DYM / USDT Long R/R8.5Touching EMA200
4h , Move back
Breaking out descending channel
with possible decrease in BTC.D we can see a move to Mentioned target
target profits for Risk Free has been declared by PURPLE LINES
tight SL
make sure to manage your risk
DYMUSDT UPDATE #DYMUSDT
UPDATE
Descending channel formation in weekly Time frame
Expecting 100%+ profit 📈
#DYMUSDT #DYM #DYMBTC #BTC #Crypto ASX:DYM
CRYPTOCAP:DEXE $QI LSE:SYN INDEX:GALA TSXV:POND $SPELL GETTEX:PDA $BADGER $CYBER NYSE:FET SEED_DONKEYDAN_MARKET_CAP:AGIX SEED_DONKEYDAN_MARKET_CAP:CELO
DYMUSDT IDEAey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about DYM
DYM THE Bearish pennant Breakout has already Confirmed in 2H Timeframe ✅
Expecting Massive Bullish wave 🚀
#DYMUSDT T:F - 1H🚨IMPORTANT PRICE UPDATE ✅
#DYMUSDT T:F - 1H
#DYMUSDT currently trading at $3.540 and a BULLISH PENNANT PATTERN has been spotted.
A BULLISH PENNANT is a bullish continuation pattern that signals the extension of the UPTREND.
NFA
DYOR(Do Your Own Research)
Hit 🚀 if you guys want more Crypto PATTERN updates !
#DYMUSDT #crypto #Patterns #thesoumyoroyanalysis
DYMUSDT IDEAHello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About DYM
(Update)
The Descending Channel Formation In 12H Timeframe✅
Expecting Massive Bullish Wave In Coming Days⚡️
DYM - potential accumulation structure?
Dymension chart show me market strength. Trading range was established near highs - low retracement level. Market structure shows low bearish activity. It is posible that acumulation is in the process. I expects possible supply tests at higher price levels to confirm lack of supply.
DYMUSDT.PHello Trader BINANCE:DYMUSDT.P
ABCDE area for falling wedge pattern confirms to be bullish. can take entry in small demand area.
take profit 18%
stop loss 3%
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Disclamer: Not Financial Advice
