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Technical analysis by CryptoAnalystSignal about Symbol DYM: Buy recommendation (11 hour ago)

https://finbeet.com/message/3899151
CryptoAnalystSignal
CryptoAnalystSignal
Rank: 3772
1.8

#DYM/USDT — Last Line of Defense: Reversal Incoming or Breakdo

Message Type:Buy
Price at Publish Time:
$0.076782
Buy،Technical،CryptoAnalystSignal

#DYM The price is moving within an ascending channel on the 1-hour timeframe and is holding well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at 0.07130, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 0.07657 First target: 0.07911 Second target: 0.08316 Third target: 0.08760 Don't forget a simple money management rule: Place your stop-loss order below the green support zone. Once you reach the first target, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.

Source Message: TradingView