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Dymensionanalysis

#DYM Dymension's Falling Wedge#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 have a bounce from the lower boundary of the descending channel. This support is at 0.2130. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside. There is a major support area in green at 0.2100, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 0.2220 First target: 0.2276 Second target: 0.2340 Third target: 0.2427 Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#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
Long
by CryptoAnalystSignal
#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
Long
by CryptoAnalystSignal
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.
Long
by icordkaz
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. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
$DYM Dymension Falling WEdge...ASX:DYM Dymension is forming a falling wedge! Price action found a height of $8.7 and currently has retraced to a low of $5.9 Current Price: $6.5 Expecting #dym to break out of it's falling wedge for higher resistances: 6.9, 7.3, 7.7, 8.2, 8.7 A continous move up will lead to price discovery: 9.2, 9.8, 10.4 ASX:DYM inability to break out of this wedge will reclaim supports: 6.1, 5.7, 5.3, 4.8 which will make for perfect buy the dip opportunities (spot)
Long
by Ifiok-Trades
Dymension DYM price shows a strong movement, how long will it ?Today, we will take a look at a young and quite popular coin in recent days - DYM. It was listed on many exchanges a week ago. Due to the large amount of different activity, the DYMUSDT price successfully traded in the range of $6.85-7.85 and continued to grow. If the growth continues successfully, the next levels are $9.60 and $10.30. If the crypto market begins to correct, the strongest support should be in the $6.85-7 range. Below, there is a relative void where the coin can begin to drain, which was received mainly for participation in activities. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
Dymension(DYM) is Ready Go UP🚀➕20%🚀🔥Project Dymension(DYM) as been launched in exchanges for less than 3 days, and today I am trying to share an opportunity for you to buy DYM token . 📚What Is Dymension(DYM)❗️❓ Crypto 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. ✅ Dymension(DYM) was able to break the 🔴 Resistance zone($6.40-$6.08) 🔴. 📈From the point of view of Classical Technical Analysis , Dymension(DYM) seems to have succeeded in forming the Ascending Triangle . 🔔I expect Dymension(DYM) will go UP to 🟡 Potential Reversal Zone(PRZ) 🟡. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Dymension Analyze (DYMUSDT), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
42