DYM CRAB PATTERN ( BULLISH )I've identified a compelling bullish Crab pattern forming in the DYM USDT coin. This pattern suggests a potential short-term target of 22%, indicating a promising opportunity for traders.
The precision of this pattern offers a clear entry point and a defined target, making it an attractive proposition for short-term gains. As the market evolves, monitoring the price action closely will be key to capitalizing on this opportunity.
Stay vigilant and prepared to act as the pattern unfolds. With disciplined execution, we aim to leverage this bullish formation to achieve our target gains efficiently.
DYMUSDT
$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)
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.
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Bullish on DYM Descending TriangleWe have identified a descending triangle pattern. This is a bearish formation that often precedes a price drop BUT
Our analysis also presents two potential future scenarios for DYM. The first scenario anticipates an upward breakout from the triangle, while the second scenario suggests a continuation of the downtrend before an eventual breakout.
A significant support level has been identified at approximately 6.300 USDT. This level could potentially serve as a rebound point for the price.
Alikze → #DYM |Ascending contraction triangleIn time H1, it is moving in an ascending channel, if the entry zone is activated, with the loss limit below the trigger, you can enter the buy position up to the resistance dynamic trigger zone.
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COTI CHART ANALYSIS: HEAD AND SHOULDERS BREAKOUT?In this chart of BINANCE:COTIUSDT , observed a head and shoulders pattern and for the past 3-4 days, the price of COTI rose to more than 50%. As the thumbnail shows, the pattern had a breakout. Will it surge continuously, go sideways or maybe a reversal? I will provide updates on my full chart analysis in the threads below.
Happy trading to everyone and a Happy Chinese New Year :)
DYMENSION - Airdrops SeasonDYMUSDT is performing quite well since its airdrop happened, and the price is on an upward trend, because it is speculated that DYM stakers will be eligible for other airdrops.
That being said, if DYM breaks this symmetrical triangle upwards, it is bullish and we could reach $10 in the short term wizards.
Riding a possible retrace on DYMI expect a correction on DYM, so i am taking a small risk and i will try to ride a possible pullback. I am targeting main support zone at 6.3, invalidation above 8.5. I can also see a break of main trendline as confirmation of possible pullback with a bearish divergence
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.
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What is Dymension (DYM) ?I'm waiting for a pullback.
dYmension is a blockchain platform designed as a modular settlement layer for launching enshrined rollups within the Cosmos ecosystem. This innovative solution revolutionizes scaling, offering the tools and infrastructure required for decentralized use cases. With dYmension, it becomes feasible to deploy specialized rollups, ushering in a new era for metaverse applications, games, and high-throughput services on the blockchain.
Latest Funding Round: 9 Feb 2023, Raised $6.70M. ( Tier 3 Investors )
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