DYM, 2.0028, SHORTThe token quickly reached a strong level and cannot move further, there is no accumulation or consolidation, it has been sold for the last two days without noticeable pullbacks. A good candidate for a false breakout!
DYMUSDT.PS trade ideas
DYM DYM / USDT
another coin that made non stop dumping since being listed on binance (similar to aevo)
Finally volume started to enter after breaking out giant falling wedge
The hope for these type of coins is here
DYMUSDT 4HDYM ~ 4H
#DYM Make purchases gradually within this support block, with a short-term target of at least 10%++
DYMUSDTWe can attempt to buy DYMUSDT from specified level as it making HL , also 0.5 FIB level intact indicate that it moves upward.
SL , TP mention in 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.
$DYM for Long TermCrypto apps are in dire need of ease of use and economic sustainability. Recently, rollups have shown a simple business model that works, fees minus base layer costs equals their profit. As a result, a surge of L2s were deployed each with its own custom implementation, multi-sig bridge, and security assumptions. This led to a fragmented, unsecure, and chaotic user experience diminishing the advantages of rollups and modular blockchains.
DYM looks bearishFrom where we put the red arrow on the chart, the DYDM correction has started.
DYDM correction seems to be a diametric. We now appear to be in wave E.
We expect this pattern to continue.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$DYM Pump IncomingASX:DYM has maintained this #accumulation zone for a while now and is getting ready for a #pump. Short term target is at $8 while long term target is between $20 and $24
Considering that we are in a #bullrun, the possibility of a #new #ATH forming is very high, and this would mean a move beyond the previous ATH of $24
$DYM holding the 200 on the H4 for now
so as long as it stays above we flip the yellow line above and go for $5 something
got a wee position will add on flip or dip to order block below IF given
DYM longDYM broke through the major descending trendline. The bullish movement to the resistance level at $5 is expected to happen.
Dymension: oversold and turning upGood Sunday to everyone, nice setup forming today in BINANCE:DYMUSDT , this coin came as an airdrop to ATOM and TIA stakers, and will itself generate a lot more airdrops to holders who stake coins and gradually reinvest staking proceeds. (a common meta in the Cosmos ecosystem, which brought something like 28k% APY to stakers during 2021)
Best of luck!
Cheers,
Ivan Labrie.
#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
Cup And Handle breakout?I see a very bullish Cup and handle Breakout in 1D TF.
MAKE SURE TO TAKE ENTRY AFTER BREAKOUT 🚀
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.
#DYM Possible reversal from here!I think it's time for some upward movement with high volume confirmation. DYOR before opening any trade!
Dymension - DYMDymension has been in a bearish trend since it's release.
I expect bearish continuation as the chart shows...
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
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"🎯
$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
